by Kristin Steenson | May 5, 2017 | Medicare Supplement
CSG Actuarial has compiled information from the NAIC and other sources and is reporting that earned premiums in the Medicare Supplement market in 2016 totaled $29.0 billion, a 6.6% increase over 2015. A few other notes of interest: The total Medicare Supplement lives... read more
by Kristin Steenson | May 5, 2017 | CSG Actuarial News, Medicare Supplement
CSG Actuarial was happy to once again sponsor and host a booth at this year’s Medicare Supplement Insurance Summit. The 9th National Forum was held in Dallas, TX from April 11-13, and was attended by over 500 agents, carriers, marketing organizations, actuarial... read more
by Kristin Steenson | May 4, 2017 | Final Expense Life
CompanyProduct TypeMonthly Premium* Gerber Life Insurance CompanyROP$59.40 American General Life Insurance CompanyROP$67.66 New York Life Insurance CompanyROP$72.40 Fidelity Life AssociationGraded$76.21 Great Western Life Insurance CompanyROP$93.33 Columbian Mutual... read more
by Kristin Steenson | May 4, 2017 | Medicare Supplement
CompanyEffective DateAvg. IncreaseComments American Continental Insurance Company6/1/20177.8%Nevada American Republic Insurance Company4/1/20174.8%0% - 13%; Varies by state American Retirement Life Insurance Company3/1-6/1/20174.0%1.4% - 7.2%; Varies by state Assured... read more
by Kristin Steenson | Apr 28, 2017 | Medicare Supplement
Last week CSG Actuarial reported the 1st quarter 2017 Medicare Supplement enrollment results for UnitedHealthcare. We now have updates from other market leaders, Torchmark and CNO Financial, summarized below. Torchmark Reports Medicare Supplement Sales in 1st Quarter... read more
by Kristin Steenson | Apr 19, 2017 | Medicare Supplement
Medicare Supplement market leader UnitedHealthcare (UHC) released 1st quarter 2017 financials on April 18th, adding 85,000 Medicare Supplement lives in the 1st quarter, a 48% drop from the lives added during 1st quarter 2016. The UHC enrollment table features... read more
by Kristin Steenson | Apr 7, 2017 | Insurance Industry
MarketReach™ Agent Database has been helping companies find and recruit new agents by the products they sell and the carriers they are appointed with. Below, see our breakdown of the most common agent appointments by carrier for Life and Health agents. Call us at... read more
by Kristin Steenson | Apr 7, 2017 | Critical Illness
Our summary below outlines how Critical Illness carriers are underwriting. CRITERIACONDITIONS Tumor/GrowthTobaccoHIV/AIDSHodgkin's DiseaseLeukemia Don't Ask64%90%10%40%33% 1-2 Years0%3%0%0%0% 3-5 Years6%7%13%17%20% 6-10 Years10%0%23%23%27%... read more
by Kristin Steenson | Apr 7, 2017 | Medicare Supplement
CompanyMonthly Premium* United World Life Insurance Company$88.16 CIGNA Health and Life Insurance Company$88.34 Greek Catholic Union of the USA$88.50 Puritan Life Insurance Company$89.40 Liberty Bankers Life Insurance Company $90.04 Aetna Health and Life Insurance... read more
by Kristin Steenson | Apr 7, 2017 | Medicare Supplement
CompanyEffective DateAvg. IncreaseComments Aetna Health and Life Insurance Company5/1/201710.6%0% - 17%; Varies by state American Continental Insurance Company5/1/20177.9%Arkansas American Progressive Life and Health Insurance Company of New... read more
by Kristin Steenson | Apr 7, 2017 | 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 | Mar 31, 2017 | Life Insurance, Medicare
This week, we focus on an update about how proposals to convert Medicare into a premium support system could increase costs for seniors and a review from LIMRA and InsuranceNewsNet on a changing trend in the mix of life insurance products owned by households today.... read more