by Jason Yoo | May 13, 2021 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key information from GoHealth, Inc.’s 1st Quarter 2021 financial information, focusing primarily on their Medicare segment results. GoHealth 1st Quarter 2021 Highlights: First quarter 2021 net revenue of $204.2 million increased 45%... read more
by Jason Yoo | May 13, 2021 | Insurance Industry, Market Potential Alert, news
The Centers for Medicare & Medicaid Services (CMS) report that 940,000 Americans signed up for health insurance from the start of the 2021 Marketplace Special Enrollment Period (SEP) for consumers in HealthCare.gov States through April 30, including approximately... read more
by Jason Yoo | May 6, 2021 | news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced it has acquired Roberts Alliance, a field marketing organization (FMO) based in Dallas, Texas. As part of the transaction, Paul... read more
by Jason Yoo | May 6, 2021 | Medicare Advantage, Medicare Supplement, news
Company First Quarter 2021 Highlights: Full Year Total Revenues increased to $69.1 billion, up 3.5% compared to prior year’s 1st Quarter Overall Medical membership as of March 31, 2021 of 23.6 million, an increase of 164,000 from the prior year Overall Medical Benefit... read more
by Jason Yoo | May 6, 2021 | Medicare Advantage, Medicare Supplement, news
1st Quarter 2021 Highlights from Company Earnings Release: Reports 1Q21 earnings per diluted common share of $6.39 on a GAAP basis, $7.67 on an Adjusted basis Updates FY 2021 EPS guidance to a range of $19.62 to $20.12 on a GAAP basis, reaffirms $21.25 to $21.75 on... read more
by Jason Yoo | May 5, 2021 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key information on the Medicare business from eHealth Inc.’s 1st Quarter 2021 Financial results. eHealth Medicare Segment 1st Quarter 2021 Highlights: Medicare segment revenues for the quarter grew 26% year-over-year to $121.0 million 2%... read more
by Jason Yoo | May 5, 2021 | Insurance Industry, Medicare Advantage, news
First Quarter 2021 Highlights: As of March 31, 2021, the Company served approximately 4.6 million members, an increase of 1.2 million members, or 35%, compared to March 31, 2020. Premium revenue was $6.3 billion for the first quarter of 2021, an increase of 47%... read more
by Jason Yoo | Apr 29, 2021 | Market Potential Alert, news
The Department also released the 2021 Marketplace Open Enrollment report, which shows over 12 million consumers nationally selected a Marketplace plan during the 2021 Open Enrollment Period (OEP), a 5% increase from the 2020 OEP. Read the Full 2021 Open Enrollment... read more
by Jason Yoo | Apr 29, 2021 | Insurance Industry, Medicare Advantage, news
1st Quarter 2021 Highlights: Managed care membership of 25.1 million, an increase of 1.3 million members, or 5% year-over-year Total revenues of $30.0 billion, representing 15% growth year-over-year Health benefits ratio (HBR) of 86.8%, compared to 88.0% for the first... read more
by Jason Yoo | Apr 28, 2021 | Medicare Advantage, news
Molina Healthcare, Inc. (NYSE: MOH) and Cigna Corporation (NYSE: CI) today announced that they have entered into a definitive agreement pursuant to which Molina will acquire Cigna’s Texas Medicaid and Medicare-Medicaid Plan (MMP) contracts and certain operating... read more
by Jason Yoo | Apr 28, 2021 | Medicare Advantage, Medicare Supplement, news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced it has acquired of Plan Advisors, a leading independent marketing organization (IMO) with offices in Louisville, Kentucky and... read more
by Jason Yoo | Apr 27, 2021 | Medicare Advantage, Medicare Supplement, news
Primerica, Inc. (NYSE:PRI), a leading provider of financial services to middle-income families throughout the United States and Canada, and Etelequote Limited, a senior health insurance distributor of Medicare-related insurance policies, announced today that they have... read more
