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
by Carrie Haubensak | Jun 27, 2023 | Insurance Industry, news
Service-driven agency focused on supporting agents and simplifying Medicare will use Integrity’s best-in-class technology and resources to deliver enhanced solutions to seniors Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and... read more
by Carrie Haubensak | Jun 23, 2023 | Insurance Industry, news
Saybrus Partners, an affiliate of AmeriLife Group, LLC, announced it has reached an agreement with Prudential Financial, Inc. to move the latter’s wholesale life insurance brokerage general agency known as Prudential Life Distributors to Saybrus, cementing the firm as... read more
by Carrie Haubensak | Jun 23, 2023 | Insurance Industry, Medicare
Medicare provides health insurance coverage for more than 65 million people, nearly 20% of the U.S population – a share which will grow larger in the coming decades. In 2021, Medicare spending comprised 13% of the federal budget and 21% of national health care... read more
by Carrie Haubensak | Jun 23, 2023 | Insurance Industry, news
Pent-up demand for delayed healthcare during the COVID-19 pandemic is pressuring medical costs for health insurers that had a financial windfall during the pandemic amid low utilization. UnitedHealth, the parent company of the largest private payer in the U.S.,... read more
by Carrie Haubensak | Jun 21, 2023 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with The Porter Group, a leading independent marketing organization... read more
by Carrie Haubensak | Jun 16, 2023 | Insurance Industry, news
Average annual growth in national health spending over the next decade projected to be 5.4% The Centers for Medicare & Medicaid Services’ (CMS) Office of the Actuary released projections of National Health Expenditures (NHE) and health insurance enrollment for the... read more
by Carrie Haubensak | Jun 15, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
According to Telos Actuarial, between 2013 and 2022, the number of Medicare beneficiaries increased by over 12.5 million with an annualized growth rate of 2.4%. While the annualized growth rate over the next 10 years is expected to fall below 2.0%, the number of... read more
by Carrie Haubensak | Jun 13, 2023 | Insurance Industry, Medicare, 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 Alliance Insurance Solutions (“AIS”), a leading independent marketing organization... read more
by Carrie Haubensak | Jun 12, 2023 | Insurance Industry, Medicare Supplement
Agents rely on CSG Actuarial for accurate information and have run over 110 million quotes on CSG’s quoting software since 2018. CSG Actuarial is the leader in providing quoting and enrollment solutions to the Medicare marketplace. Plan G was the most popular Medicare... read more
