by Carrie Haubensak | Jul 11, 2023 | Insurance Industry, news
Days after the Biden administration proposed hundreds of millions in 2024 pay cuts for home health providers, an industry association is suing the government over similar adjustments at the heart of 2023’s final rule. Filed Wednesday in the U.S. District Court for the... read more
by Carrie Haubensak | Jul 11, 2023 | Insurance Industry, news
Healthcare costs are expected to rise 7% next year as inflation drives providers to seek rate increases from insurers and pharmaceutical costs rise, according to PwC’s annual report. The consultancy, which surveyed actuaries at insurers that offer group and individual... read more
by Carrie Haubensak | Jul 11, 2023 | 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 Senior Health & Life Benefits, a leading independent marketing organization... read more
by Carrie Haubensak | Jul 6, 2023 | Insurance Industry
Understanding how health insurance works involves exploring how people feel about their health coverage, how affordable that coverage is, how they interact with their insurance provider, the problems they experience, and, critically, how insurance works for people... read more
by Carrie Haubensak | Jul 6, 2023 | Medicare Advantage, news
The quality bonus program (QBP) that rewards Medicare Advantage (MA) plans fails to achieve its two main goals: fairly rewarding MA insurers that actually improve quality and encouraging beneficiaries to use the rating system when shopping for healthcare coverage,... read more
by Carrie Haubensak | Jul 6, 2023 | Insurance Industry, news
Bright went public and raised billions alongside a rash of healthcare technology companies in 2021, but has since been shedding its insurance products and other assets as it looked to improve its flagging finances. The company posted a net loss of $94.8 million in the... read more
by Carrie Haubensak | Jul 6, 2023 | Insurance Industry, news
Senior Market Sales®, one of the industry’s premier insurance marketing organizations, has acquired The ASA Group, a Little Rock, Arkansas, brokerage general agency serving insurance and financial planning professionals across the country for more than four decades.... read more
by Carrie Haubensak | Jul 5, 2023 | 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 South Atlantic Management, a leading independent marketing organization based in... read more
by Carrie Haubensak | Jun 30, 2023 | Insurance Industry, news
AmeriLife Group, LLC, announced it has partnered with Florida Financial Advisors, a full-service, comprehensive wealth management and financial planning firm and insurance brokerage dedicated to helping middle market Americans grow and secure their wealth and achieve... read more
by Carrie Haubensak | Jun 30, 2023 | Insurance Industry, Medicare Advantage
More seniors are picking MA plans, where the federal government pays private insurers to manage beneficiaries’ care. As of January 2023, MA covered half of eligible Medicare beneficiaries. Watchdogs have aired concerns as MA spending has ballooned over the past... read more
by Carrie Haubensak | Jun 30, 2023 | Medicare, news
The Centers for Medicare & Medicaid Services (CMS) released new details Thursday about how it plans to collect patient data as a condition of coverage for a new class of Alzheimer’s drugs, once the medications get full approval from the FDA. CMS detailed a... read more
by Carrie Haubensak | Jun 29, 2023 | Insurance Industry, Medicare Supplement
CompanyDateIncrease AmountComments AARP - UnitedHealthcare Insurance Company 6/1/20232.8%Kentucky AARP - UnitedHealthcare Insurance Company of America 7/1/20236.5%Texas Ace Property and Casualty Insurance Company 8/1/2023 - 10/1/20234.5%Varies by state & plan... read more