by Anna Patrick | Feb 13, 2025 | Insurance Industry, news
Now is the time to reshape the insurance industry’s business model and technology foundation, according to a Majesco white paper on trends impacting the future of insurance in 2025. “Insurance is waking up to a realization that the operational models and technology... read more
by Anna Patrick | Feb 13, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 4th quarter 2024 Medicare Supplement lives of 377,300, up 5.6% from the result at 3rd quarter 2024 and 22.8% compared to 4th quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana... read more
by Anna Patrick | Feb 11, 2025 | Insurance Industry, Life Insurance
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 Hawkins Insurance, an independent marketing organization based in Charlotte, North... read more
by Anna Patrick | Feb 7, 2025 | Insurance Industry, news
A new survey of rural healthcare providers suggests a spot of optimism among care organizations that often skirt the line of financial sustainability. Responding to a poll from advisory and accounting firm Wipfli, nearly all 75 responding rural care... read more
by Anna Patrick | Feb 7, 2025 | Insurance Industry, Medicare
Moody’s Ratings is downgrading the insurance industry’s credit outlook to negative as elevated medical costs continue to batter payers. Moody’s analysts noted in a report that spending in the commercial market alone is set to increase by 8% this... read more
by Anna Patrick | Feb 7, 2025 | Insurance Industry, Life Insurance
A strong fourth quarter drove life insurance new premium to another record, LIMRA reports. Total new annualized premium increased 4% in 2024 to $16.2 billion, according to LIMRA’s preliminary life insurance sales survey results. In 2023, total new premium hit a... read more
by Anna Patrick | Feb 3, 2025 | Insurance Industry, Medicare, 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 | Jan 30, 2025 | Medicare Supplement
CompanyDateRate IncreaseComments Aetna Health and Life Insurance Company 2/1/2025 - 3/1/202513.2%Idaho & Utah Aetna Health Insurance Company 3/1/2025 - 4/1/202514.4%Varies by state & plan Allstate Health Solutions 3/1/202516.1%Kentucky, New Jersey & South... read more
by Carrie Haubensak | Jan 30, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 4th quarter 2024 Medicare Supplement lives of 499,000, up 2.9% from the result at 3rd quarter 2024 and 6.2% compared to 4th quarter 2023. The table below shows Cigna’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. Based on... read more
by Carrie Haubensak | Jan 30, 2025 | Insurance Industry, news
Total annuity sales were $432.4 billion in 2024, up 12% yearly, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey, representing 83% of the U.S. annuity market. It marks the third consecutive year of record-high annuity sales. Annuity... read more
by Carrie Haubensak | Jan 30, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
The Trump administration came into office earlier this week with a promise of cutting down on government spending and driving greater efficiency, but a new poll from KFF shows voters largely support continued spending on Medicare and Medicaid. KFF surveyed 1,310 U.S.... read more
by Carrie Haubensak | Jan 23, 2025 | Insurance Industry, news
Healthcare merger and acquisition activity in 2024 signaled uneven financial recovery for healthcare providers. Kaufman Hall’s latest analysis of healthcare M&A activity found that 72 hospitals and health systems were involved in a deal in 2024. Of those... read more
