by Carrie Haubensak | Jan 30, 2023 | Insurance Industry, Medicare Supplement, news
CompanyDateAverage IncreaseComments Accendo Insurance Company 3/1/2023 - 5/1/20237.5%Varies by state & plan Aetna Health Insurance Company 3/1/20237.8%Kansas Aetna Health and Life Insurance Company 2/1/202310.8%Wisconsin Allstate Health Solutions... read more
by Carrie Haubensak | Jan 26, 2023 | Uncategorized
AIMCOR Consolidated LLC (“ICON”), a joint venture between AIMCOR Group, LLC (“AIMCOR”) and AmeriLife Group, LLC (“AmeriLife”), announced it has acquired Hansen Brokerage Services (“HBS”). Per the agreement, terms of the deal were not disclosed “With the pace that our... read more
by Carrie Haubensak | Jan 26, 2023 | Uncategorized
Elevance Health has inked a deal to acquire Blue Cross and Blue Shield of Louisiana, with the Pelican State insurer joining the Anthem Blue Cross affiliated plans. The acquisition builds on an existing partnership between the two insurers, according to... read more
by Carrie Haubensak | Jan 26, 2023 | Insurance Industry, news
Elevance Health (formerly Anthem, Inc.) released 4th quarter 2022 financials on January 25th, reporting an increase of 2,000 Medicare Supplement lives in the 4th quarter and a decrease of 5,000 Medicare Supplement lives over the past 12 months. The Elevance Health... read more
by Carrie Haubensak | Jan 25, 2023 | Insurance Industry, news
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement solutions, announced it has acquired DeLong Sales Group, an independent marketing organization based in LaGrange, Georgia. As part of... read more
by Carrie Haubensak | Jan 19, 2023 | Insurance Industry, Medicare
A key Medicare panel recommended a 1% increase to hospital Medicare payments for 2024 as well as a 1.25% bump for doctors coupled with add-ons to safety-net primary and specialty care providers. The Medicare Payment Advisory Commission (MedPAC)—a panel that makes... read more
by Carrie Haubensak | Jan 19, 2023 | Insurance Industry, Life Insurance, news
Following record breaking growth in 2020 and 2021, U.S. life insurance application activity finished 2022 with year-to-date (YTD) activity down -5.5%, according to the MIB Life Index. When taking a historical lookback, total activity YTD for 2022 was down -2.3%... read more
by Carrie Haubensak | Jan 18, 2023 | Insurance Industry, Long Term Care
Did you know that sales in the Short Term Care insurance market have grown by 240% over the past five years? And that new sales are expected to grow another 55% over the next five years? Short Term Care plans are supplemental health insurance products that are... read more
by Carrie Haubensak | Jan 18, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 4th quarter 2022 financials on January 13th, reporting a 5,000 increase in Medicare Supplement lives in the 4th quarter. The UHC enrollment table below features Standardized and Modernized policy... read more
by Carrie Haubensak | Jan 12, 2023 | Insurance Industry, news
Today, the Biden-Harris administration announced that about 15.9 million people have selected an Affordable Care Act (ACA) Marketplace health plan nationwide since the start of the 2023 Marketplace Open Enrollment Period (OEP) on November 1. This represents activity... read more
by Carrie Haubensak | Jan 12, 2023 | Insurance Industry, news
AIMCOR Consolidated LLC (“ICON”), a joint venture between AIMCOR Group, LLC (“AIMCOR”) and AmeriLife Group, LLC (“AmeriLife”), announced that it has acquired Hansen Brokerage Services (“HBS”). Per the agreement, terms of the deal were not disclosed. “With the pace... read more
by Carrie Haubensak | Jan 11, 2023 | Insurance Industry, news
These additional Medicare market data points are now updated on CSG’s Market Advisor quoting tool to ensure you have the most comprehensive data set available to make the best product solution decisions. Not all clients are looking for just the lowest premium amount... read more
