by Carrie Haubensak | Aug 10, 2021 | Medicare, news
The average Part D premium is projected to increase by nearly 5% from $31.47 to $33 in 2022. Thursday’s announcement comes as Congress and the Centers for Medicare & Medicaid Services are making moves to address drug prices on Part D, the program’s prescription... read more
by Carrie Haubensak | Aug 10, 2021 | Medicare Advantage, Medicare Supplement, news, Uncategorized
For 2nd quarter 2021, CVS Health reported Medicare Supplement member in-force counts of 1,193,000, up 47,000 from 1st quarter 2020 and 239,000 over the past 12 months. The 47,000 increase in membership during 2nd quarter 2021 was 15% higher than the membership growth... read more
by Carrie Haubensak | Aug 10, 2021 | news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced it has acquired Star Benefit Associates, a fast-growing field marketing organization (“FMO”) based in Indianapolis, Indiana. As... read more
by Carrie Haubensak | Aug 5, 2021 | Medicare, news
The Biden administration has finalized a rule that gives hospitals an overall $2.3 billion for the 2022 fiscal year that begins in October and scraps a proposal for hospitals to disclose Medicare Advantage rates. The final Hospital Inpatient Prospective Payment... read more
by Carrie Haubensak | Aug 5, 2021 | Medicare, news
Medicare Part D, the outpatient prescription drug benefit for Medicare beneficiaries, provides catastrophic coverage for high out-of-pocket drug costs, but there is no limit on the total amount that beneficiaries have to pay out of pocket each year. Medicare Part D... read more
by Carrie Haubensak | Aug 5, 2021 | news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has acquired GarityAdvantage, one of New England’s largest independent marketing organizations (“IMO”) based in Boston,... read more
by Carrie Haubensak | Jul 29, 2021 | Uncategorized
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 | Jul 29, 2021 | Dental, Medicare, news
Dental benefits are not generally covered by Medicare, except under limited circumstances, and many people on Medicare do not have any dental coverage at all. Some Medicare beneficiaries have access to dental coverage through other sources, such as Medicare Advantage... read more
by Carrie Haubensak | Jul 29, 2021 | Competitive Intelligence, Insurance Industry, Medicare Supplement, news
CompanyEffective DateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 8/1/20216.0%New Jersey AARP - UnitedHealthcare Insurance Company of New York 9/1/20218.9%New York Assured Life Association 8/1/202120.0%Missouri Bankers Fidelity Assurance Company... read more
by Carrie Haubensak | Jul 29, 2021 | news
DALLAS – July 27, 2021 – Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has entered into an agreement to acquire Universe Financial Insurance Services (“Universe... read more
by Carrie Haubensak | Jul 28, 2021 | news
Clearwater, Fla. and Hartford, Conn. – July 27, 2021 – AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions, has entered into an agreement to acquire Saybrus Partners, LLC... read more
by Doug Feekin | Jul 28, 2021 | Medicare Advantage, Medicare Supplement, news
Humana reported 2nd quarter 2021 Medicare Supplement lives of 330,400, a 0.7% increase over 1st quarter 2021 and a 1.8% increase over 2nd quarter 2020. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana... read more