by Carrie Haubensak | Sep 12, 2024 | Insurance Industry
Elevance Health has entered into a deal to acquire Indiana University Health Plans, the company’s Anthem Blue Cross unit announced this week. Should the deal close, IU Health Plans will operate as part of Anthem in the Hoosier State, according to the press... read more
by Carrie Haubensak | Sep 12, 2024 | Insurance Industry, Medicare Advantage
CMS is suspending new enrollment for a Centene Medicare Advantage subsidiary in Missouri after the company failed to meet the required medical loss ratio for three years in a row. MA plans are required to spend at least 85% of the money they receive on patient care... read more
by Carrie Haubensak | Sep 12, 2024 | Insurance Industry, Medicare, Medicare Supplement
In short, lookback periods in Medicare supplement applications are a big deal. They shape risk assessment, pricing, and client outcomes. For insurers and brokerage agents, understanding them is essential for making smart decisions and getting the best results in a... read more
by Carrie Haubensak | Sep 10, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
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 Senior Security Insurance Partners, an independent marketing organization based in... read more
by Carrie Haubensak | Sep 5, 2024 | Insurance Industry, Life Insurance
Life insurance sales rebounded nicely during the second quarter, Wink, Inc. reported in its Sales and Market Report. Universal life sales for the quarter exceeded $1.1 billion, up 11.9% compared to the previous quarter. All universal life sales include fixed UL,... read more
by Carrie Haubensak | Sep 5, 2024 | Insurance Industry
Annuity sales paid no heed to regulatory pressure in the second quarter. Sales were not stunted by impending interest rate cuts. Not even the summer doldrums prevented a nearly 4% increase in Q2 sales, Wink, Inc. reported. Sales for all annuities were $109.6 billion... read more
by Carrie Haubensak | Sep 4, 2024 | Insurance Industry
Senior Market Advisors, a fast-growing field marketing organization in the insurance space and an affiliate of AmeriLife Group, announced it has completed its acquisition of Parker Marketing Insurance. “Daniel Parker and his team represent the kind of customer-focused... read more
by Carrie Haubensak | Sep 4, 2024 | Insurance Industry, Life Insurance, Medicare, Medicare Advantage, Medicare Supplement
Integrity Marketing Group announced it has partnered with Senior Insurance Solutions, an independent marketing organization based in Cleveland, Tennessee, and led by Jacob Anderson. Financial details of the partnership were not disclosed. With more than 25 years of... read more
by Carrie Haubensak | Sep 4, 2024 | Insurance Industry, Medicare Supplement
One of the most important leading indicators that Medicare Supplement carriers need to be tracking is their mix of business. It’s a great predictor of the overall health of your block of business and can provide insight into where the future loss ratios will land.... read more
by Carrie Haubensak | Aug 29, 2024 | Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 2nd Quarter 2024 Financial results. eHealth Medicare Segment 2nd Quarter 2024 Enrollment Highlights: Medicare Advantage new approved members... read more
by Carrie Haubensak | Aug 28, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate IncreaseComments Ace Property and Casualty Insurance Company 1/1/20259.0%Indiana & Virginia Allstate Health Solutions 10/1/202411.2%Georgia, Louisiana & Ohio American Heritage Life Insurance Company 10/1/2024 - 1/2/202512.3%Illinois, South... read more
by Carrie Haubensak | Aug 27, 2024 | Insurance Industry
AmeriLife Group announced it has partnered with the Peak group of companies, which include a comprehensive retirement income planning company, Peak Financial Freedom Group; an insurance distribution company, PFFG Insurance Agency; and a registered investment advisor... read more
