by Kristin Steenson | Jun 23, 2017 | Medicare, Medicare Advantage
This week, we have an update on the Cigna Medicare Advantage sanctions being lifted, a study from the Census Bureau on the growth trend in our older population, and details on the changes coming to Medicare cards in 2018. CMS lifts Medicare Advantage sanctions on... read more
by Kristin Steenson | Jun 16, 2017 | Insurance Industry, Medicare Advantage
This week, we have an update on Combined Insurance’s plan to expand their agent force in 2017 and more information on the DOJ’s ramping up of efforts in their investigation of Medicare Advantage overpayments. Combined Insurance Aims to Hire 1,600 Sales... read more
by Kristin Steenson | Jun 9, 2017 | Life Insurance, Medicare Advantage
This week we have an update from Kaiser Family Foundation on Medicare Advantage enrollment through March 2017 and information from Limra on Individual Life Insurance premium increases in Q1 2017. Medicare Advantage 2017 Spotlight: Enrollment Market Update | Kaiser... read more
by Kristin Steenson | Jun 2, 2017 | Flash Report, Medicare Supplement
Our summary below outlines how Medicare Supplement carriers are underwriting. CRITERIACONDITIONS Heart AttackStrokeCrohn's DiseaseAlcoholismCOPD Don't Ask0%0%90%10%10% 1-2 Years60%50%0%50%20% 3-5 Years30%40%0%40%20% 6-10 Years0%0%0%0%10%... read more
by Kristin Steenson | Jun 2, 2017 | Flash Report, Medicare Supplement
CompanyEffective DateAvg. IncreaseComments American Continental Insurance Company6/1-8/1/20175.6%0% - 11.5%; Varies by state American Retirement Life Insurance Company6/1-7/1/20175.1%0% - 9.6%; Varies by state Amerihealth Ins Co of NJ6/1/20174.1%New Jersey Assured... read more
by Kristin Steenson | Jun 2, 2017 | Flash Report, Medicare Supplement
CompanyAverage Rank*Current Monthly Premium** Transamerica Premier Life Insurance Company1.80$118.10 Unified Life Insurance Company3.10$125.54 Pekin Life Insurance Company3.40$125.88 Individual Assurance Company5.60$126.99 Western Catholic Union5.20$127.40 Everest... read more
by Kristin Steenson | Jun 2, 2017 | Flash Report, Medicare Advantage, Medicare Supplement
CSG Actuarial’s MarketEdge can give you an unprecedented view of the Medicare Supplement and Medicare Advantage markets. By using the over 8 million quotes ran in our MarketAdvisor quoting platform, we can give you the industry insight you need. The sample... read more
by Kristin Steenson | Jun 1, 2017 | Flash Report, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor... read more
by Kristin Steenson | May 26, 2017 | Insurance Industry, Medicare Advantage
This week we have an update on the AIMC and Integrity Marketing Group deal, and more information on the DOJ’s investigation into overcharging in Medicare Advantage. AIMC and Integrity Marketing Group Join Forces in Landmark Deal | BusinessWire | May 24, 2017... read more
by Kristin Steenson | May 19, 2017 | Life Insurance, Medicare Advantage
This week, we have details on the U.S. lawsuit against UnitedHealth Group for allegedly mischarging Medicare Advantage, an update from MIB Life Index on Life Insurance activity levels in April, and information on a bipartisan bill that could expand Medicare to include... read more
by Kristin Steenson | May 12, 2017 | Medicare Supplement
Last month CSG Actuarial reported the 1st quarter 2017 Medicare Supplement enrollment results for United Healthcare, CNO Financial Group, and Torchmark. We now have updates from other market leaders Aetna and Humana, summarized below. Aetna’s Growth Slows Further in... read more
by Kristin Steenson | May 5, 2017 | Senior Hospital Indemnity
Our summary below outlines how Hospital Indemnity carriers are underwriting for disabilities. CRITERIACONDITIONS Confined to Nursing FacilityConfined to a HospitalBedriddenUse of WheelchairReceiving Home Health Don't Ask28%28%62%66%62% Less... read more