by Carrie Haubensak | Oct 6, 2022 | Insurance Industry, Medicare Advantage, news
This is the fourth consecutive year that Cigna has grown its Medicare portfolio, according to the announcement. The Connecticut-based payer now offers at least one $0 premium MA plan in every market, while most of its customers will pay the same or cheaper premiums... read more
by Carrie Haubensak | Oct 6, 2022 | Medicare, news
CMS system edits helped reduce Medicare overpayments to acute care hospitals for outpatient services provided to beneficiaries who were inpatients of other facilities, a report from the Office of Inspector General (OIG) found. Through a previous audit, OIG found that... read more
by Carrie Haubensak | Oct 6, 2022 | Insurance Industry, Medicare Advantage
Average premiums paid by Medicare Advantage enrollees have been declining since 2015, reflecting lower premiums for local PPOs and HMOs that cover a growing share of beneficiaries, a Kaiser Family Foundation analysis found. Medicare Advantage plans now cover 28.4... read more
by Carrie Haubensak | Oct 4, 2022 | Life Insurance, 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 entered into an agreement to acquire Insurance Marketplace Agency, an independent marketing... read more
by Carrie Haubensak | Sep 30, 2022 | Insurance Industry, news
Weeks after laying off one-fifth of its workforce, health insurance brokerage GoHealth closed a $50 million private investment round. According to a filing with the Federal Communications Commission, more than half of the investment came from the Indianapolis-based... read more
by Carrie Haubensak | Sep 30, 2022 | Medicare, Medicare Supplement
The Centers for Medicare & Medicaid Services (CMS) released the 2023 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs, and the 2023 Medicare Part D income-related monthly adjustment amounts. Medicare Part B Premium and... read more
by Carrie Haubensak | Sep 27, 2022 | Medicare Supplement
CompanyEffective Date Average IncreaseComments AARP - UnitedHealthcare Insurance Company 9/1/2022(13.6%)Iowa Aetna Health Insurance Company 11/1/2022 - 1/1/20232.5%New Jersey & Oklahoma Allstate Health Solutions 10/1/2022(5.4%)Virginia American Retirement Life... read more
by Carrie Haubensak | Sep 27, 2022 | 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 entered into an agreement to acquire Gott Professional Insurance Services (“GPIS”),... read more
by Carrie Haubensak | Sep 23, 2022 | Medicare, news
The recently enacted Inflation Reduction Act is good news for senior citizens on Medicare and for consumers enrolled in Affordable Care Act health insurance through the Marketplace. For people who have their health insurance through the Affordable Care Act... read more
by Carrie Haubensak | Sep 23, 2022 | Insurance Industry, news
Total U.S. annuity sales increased 16% to $79.4 billion in the second quarter, according to LIMRA’s U.S. Individual Annuity Sales Survey. Fixed-rate deferred annuity and registered index-linked annuity sales reached an all-time record for the quarter, while fixed... read more
by Carrie Haubensak | Sep 23, 2022 | Medicare, Medicare Advantage, news
Humana is bullish on future growth in Medicare Advantage (MA), its main line of business, in 2023 to bounce back from lackluster performance this year. The insurer also raised its profit outlook for 2022, sending its shares up some 8% since the news Thursday. The... read more
by Carrie Haubensak | Sep 20, 2022 | Insurance Industry, news
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced the launch of their transformative, industry-leading MedicareCENTER Mobile App. The powerful new... read more
