by Carrie Haubensak | Mar 1, 2024 | Insurance Industry
Hospital Indemnity Plans (HIP) provide a benefit for these services and can pair well with a Medicare Advantage (MA) plan, so it’s no surprise that awareness and sales of these products are growing among distributors and seniors. Based on Telos Actuarial estimates,... read more
by Carrie Haubensak | Feb 29, 2024 | Insurance Industry, news
Blue Cross Blue Shield Louisiana (BCBSLA) announced that it will not move forward with plans to be acquired by Elevance Health. “We continue to hear from our stakeholders that they want Blue Cross and Blue Shield of Louisiana to remain their trusted partner in their... read more
by Carrie Haubensak | Feb 28, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 4th Quarter 2023 Financial results. eHealth Medicare Segment 4th Quarter 2023 Enrollment Highlights: Medicare Advantage new approved members... read more
by Carrie Haubensak | Feb 27, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate IncreaseComments AARP - UnitedHealthcare Insurance Company 6/1/202412.0%Varies by state & plan Aetna Health Insurance Company 4/1/02410.6%Varies by state & plan Bankers Fidelity Assurance Company 3/1/20246.0%Iowa, Indiana & Louisiana... read more
by Carrie Haubensak | Feb 27, 2024 | Insurance Industry, news
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with CDA Insurance Solutions, an independent marketing organization based in Roma,... read more
by Carrie Haubensak | Feb 23, 2024 | Insurance Industry, Medicare, Medicare Advantage
Medicare Advantage medical costs dominated fourth-quarter discussions between health insurers and investors, after higher healthcare utilization popped up like weeds in some segments of each payers’ business. Yet health insurers’ forecasts for how higher utilization... read more
by Carrie Haubensak | Feb 23, 2024 | Life Insurance
Life insurance new premium rose to $15.6 billion in 2023, LIMRA reported today, setting a record for the third straight year. Better still, the year ended on a high note, with all lines recording “positive growth” in the fourth quarter. The results are... read more
by Carrie Haubensak | Feb 23, 2024 | Insurance Industry, Medicare
As medical claims continue to rise, having rate increase filings on Medicare Supplement have never been more important. Below is a listing of Telos Actuarial’s top rate filing tips for 2024. 1. Know the market. Gathering competitive intelligence before you... read more
by Carrie Haubensak | Feb 21, 2024 | Insurance Industry, Life Insurance, news
Integrity Marketing Group announced the launch of its innovative LifeCENTER platform that offers life insurance-focused agents powerful and expansive technology solutions. The first-of-its-kind system is available at no cost to Integrity agents, and is designed to... read more
by Carrie Haubensak | Feb 20, 2024 | Insurance Industry, Medicare Supplement
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 4th quarter 2023 Medicare Supplement sales of $11.5 million, 11% higher than sales in 4th quarter 2022. For the past 12 months CNO Financial Group... read more
by Carrie Haubensak | Feb 15, 2024 | Insurance Industry, news
Kaiser Permanente wrapped up its fiscal year with $329 million of operating income (0.3% operating income), net income of $4.1 billion and more than $100 billion in both operating revenues and expenses, the Oakland, California-based nonprofit announced Feb. 9. The... read more
by Carrie Haubensak | Feb 15, 2024 | Insurance Industry, Medicare Advantage, news
Private equity deals in Medicare Advantage have declined since 2021, likely due to high interest rates and a stricter regulatory environment, according to a report published Tuesday by the Private Equity Stakeholder Project. There was a spike in PE investment between... read more
