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
by Carrie Haubensak | Feb 15, 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, is excited to announce it has acquired the website Integrity.com to host their innovative technology suite of... read more
by Carrie Haubensak | Feb 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 4th quarter 2023 Medicare Supplement lives of 470,000, up 0.4% from the result at 3rd quarter 2023 and down 2.7% compared to 4th quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. Based... read more
by Carrie Haubensak | Feb 8, 2024 | Insurance Industry, news
More than half (62%) of U.S. insurers say they are willing to take more investment risk in 2024 despite mounting concerns about election year politics, fiscal/monetary policy, persistent inflation and volatility, according to a survey sponsored by Conning, a leading... read more
by Carrie Haubensak | Feb 8, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 4th quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,343,000, a decrease of 9,000 in the past quarter and 20,000 over the past 12 months. The 20,000 decrease in membership in the past 12 months is a 1.5% decrease relative to the... read more
by Carrie Haubensak | Feb 8, 2024 | Insurance Industry, 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 Carrie Haubensak | Feb 8, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
There are several upcoming changes to the Medicare regulatory landscape. Here are a few of the more significant changes: Medicare Supplement Changes are coming to Kentucky Kentucky adopted HB345, becoming another state to implement a “birthday rule.” Effective January... read more
by Carrie Haubensak | Feb 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Senior Market Sales® (SMS), one of the industry’s premier insurance marketing organizations, has acquired Pro Insurance Resources as part of its strategic growth plan expanding its national health and wealth distribution network and fostering innovation among the SMS... read more
