by Carrie Haubensak | Aug 10, 2023 | Insurance Industry, Life Insurance
Life insurance premium reversed three straight quarters of declining growth, LIMRA reported, with $4.04 billion in new premium in the second quarter, a 2% increase. Even better, preliminary results from LIMRA’s U.S. Retail Individual Life Insurance Sales surveys and... read more
by Carrie Haubensak | Aug 10, 2023 | Insurance Industry, Medicare, Medicare Advantage
Summary: Healthcare merger and acquisition activity hit a three-year low in the second quarter of this year, according to a report by accounting firm and consultancy KPMG. The analysis tallied 245 deals in the second quarter of 2023, a decrease of 7% compared to the... read more
by Carrie Haubensak | Aug 10, 2023 | Insurance Industry, news
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 2nd quarter 2023 Medicare Supplement sales of $8.9 million, 29% higher than sales in 2nd quarter 2022. For the past 12 months CNO Financial Group... read more
by Carrie Haubensak | Aug 10, 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 Ask IntegrityTM — the one-of-a-kind, revolutionary, AI-powered and voice-activated technology that... read more
by Carrie Haubensak | Aug 3, 2023 | 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 | Aug 2, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 2nd quarter 2023 Medicare Supplement lives of 294,300, up slightly from the result at 1st quarter 2023 and down 7.3% compared to 2nd quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. ... read more
by Carrie Haubensak | Aug 2, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 2nd quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,351,000, an increase of 37,000 over the past 12 months and 7,000 in the past quarter. The 37,000 increase in membership in the past 12 months is down almost 70% from the... read more
by Carrie Haubensak | Aug 1, 2023 | Insurance Industry, Medicare Supplement
CompanyDateIncrease Amount Comments AARP - UnitedHealthcare Insurance Company of America 6/1/20230.0%Tennessee Ace Property and Casualty Insurance Company 1/1/20244.4%Virginia Aetna Health and Life Insurance Company 8/1/2023 - 9/1/20235.7%Varies by state & plan... read more
by Carrie Haubensak | Aug 1, 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 Ballard & Associates, a leading independent marketing organization based in... read more
by Carrie Haubensak | Jul 27, 2023 | Insurance Industry, news
Indexed annuity sales drove a 12% increase in second-quarter, year-over-year sales to $88.6 billion, LIMRA reported. Registered index-linked annuity and fixed indexed annuity sales both hit record highs, according to preliminary results from LIMRA’s U.S. Individual... read more
by Carrie Haubensak | Jul 27, 2023 | Medicare Advantage, news
Most Medicare Advantage (MA) enrollees use one or more supplemental benefits, with most health plan members using multiple benefits, according to a newly released report from the Elevance Health Public Policy Institute. The report finds that 83% of dual-eligible and... read more
by Carrie Haubensak | Jul 26, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Elevance Health (formerly Anthem, Inc.) released 2nd quarter 2023 financials on July 19th, reporting an increase of 1,000 Medicare Supplement lives in the 2nd quarter and a decrease of 16,000 Medicare Supplement lives over the past 12 months. The Elevance Health... read more
