by Carrie Haubensak | May 2, 2023 | Insurance Industry, Medicare Supplement
As reported by CSG Actuarial last month, the 2022 overall Medicare Supplement market loss ratio of 80.4% returned to normal historical levels due to a rebound in utilization of non-Covid medical care the past two years. Within the overall 2022 Medicare Supplement loss... read more
by Carrie Haubensak | May 2, 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 acquired Consolidated Marketing Group (“CMG”), an independent marketing organization... read more
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement, news
Humana reported 1st quarter 2023 Medicare Supplement lives of 294,000, down 6.3% from the result at 4th quarter 2022 and a 7.7% decrease compared to 1st quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter... read more
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement
The Medicare program continues to offer sustainable, long-term growth and opportunities. Over the next ten years it is expected that 40.6 million individuals will turn age 65 and that the Medicare-eligible population will grow from 65.0 million beneficiaries to 78.7... read more
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Supplement
CSG Actuarial has tracked all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. Here are the average new business Medicare Supplement rate increases by state for 2018 – 2022. State20182019202020212022... read more
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Supplement
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2022 totaled $36.1 billion, a 1.4% increase over 2021. The 10 states with the highest percentage of Medicare... read more
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Supplement, 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 acquired Sellyei & Rundle, an independent marketing organization (“IMO”) based... read more
by Carrie Haubensak | Apr 21, 2023 | Insurance Industry, Medicare Supplement
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2022 totaled $36.1 billion, a 1.4% increase over 2021. In the past ten years, the total earned premiums in the... read more
by Carrie Haubensak | Apr 21, 2023 | Insurance Industry, Medicare Supplement
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2022 totaled $36.1 billion, a 1.4% increase over 2021. A few other notes of interest: The total Medicare Supplement... read more
by Carrie Haubensak | Apr 20, 2023 | Insurance Industry, news
Hospice doctor Bethany Snider sees the writing on the wall: “The hospice care we’ve known and loved won’t be the same 10 years from now.” Hosparus Health, the Louisville-based hospice agency where Snider serves as chief medical officer, is one... read more
by Carrie Haubensak | Apr 19, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 1st quarter 2023 financials on April 19th, reporting decreases of 22,000 Medicare Supplement lives in the 1st quarter and 14,000 Medicare Supplement lives over the past 12 months. The Elevance Health enrollment table... read more
by Carrie Haubensak | Apr 18, 2023 | Medicare Supplement
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... read more
