by Carrie Haubensak | Apr 27, 2021 | Uncategorized
CompanyEffective DateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 6/1/20215.8%0% - 18.3%; Varies by state and plan Accendo Insurance Company 6/1/20212.0%DE, MD, RI, VT American Continental Insurance Company (Aetna) 6/1/20213.8%0% - 8%; North... read more
by Jason Yoo | Apr 22, 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 Deft Research, LLC (“Deft Research”), the healthcare industry’s leading source for consumer and market data.... read more
by Jason Yoo | Apr 22, 2021 | Medicare Advantage, Medicare Supplement, news
1st Quarter 2021 Highlights: Operating Revenue: Operating revenue was $32.1 billion in the first quarter of 2021, an increase of $2.7 billion, or 9.0 percent, versus the prior year quarter and 10.7 percent after adjusting for the health insurance tax. The increase was... read more
by Jason Yoo | Apr 22, 2021 | news
AmeriLife Group, LLC (“AmeriLife”), a national leader in developing, marketing, and distributing annuity, life, and health insurance solutions, announced it has acquired DFS Marketing, an FMO distributing annuity and life insurance through independent agents. “DFS... read more
by Jason Yoo | Apr 22, 2021 | Medicare Advantage, news
Despite the pandemic’s deleterious public health and economic effects, COVID-19 has been a major catalyst for funding in the healthcare space. Global healthcare investment hit a record high last year with $80.6 billion in equity funding across more than 5,500... read more
by Jason Yoo | Apr 22, 2021 | Medicare Advantage, news
To help older Americans get access to the COVID-19 vaccine, Cigna is providing transportation to and from vaccine sites at no extra cost to customers in the majority of its Cigna Medicare Advantage plans1 across the country. “We are at a critical juncture in our fight... read more
by Jason Yoo | Apr 15, 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 Polcyn Insurance and Financial Services (“Polcyn Insurance”), an independent marketing organization (“IMO”)... read more
by Jason Yoo | Apr 15, 2021 | Medicare, Medicare Advantage, Medicare Supplement, news
Ritter Insurance Marketing (Ritter), a national leader in Medicare insurance contracts and sales technology, recently announced its merger with Ohio-based Quick Insured Brokerage (QIB), an independent wholesale brokerage agency. The purchase expands Ritter’s growing... read more
by Jason Yoo | Apr 15, 2021 | Medicare Advantage, Medicare Supplement, news
1st Quarter 2021 Highlights: Revenues of $70.2 Billion Grew 9%, led by Balanced Growth at Optum and UnitedHealthcare Earnings from Operations Grew 35% to $6.7 Billion The first quarter medical care ratio of 80.9% compared to 81.0% in first quarter 2020 Based upon... read more
by Jason Yoo | Apr 15, 2021 | Insurance Industry, Market Potential Alert, news
The Centers for Medicare & Medicaid Services (CMS) report that over 528,000 Americans signed up for health insurance from the start of the 2021 Marketplace Special Enrollment Period (SEP) for consumers in HealthCare.gov States through March 31, including... read more
by Jason Yoo | Apr 15, 2021 | Medicare Advantage, news
onehome, a leader in post-acute home-based care (PAHC), is partnering with Devoted Health, one of the fastest-growing Medicare Advantage companies in the United States, to expand care to Devoted Health’s members in Arizona, Ohio and San Antonio, TX. The... read more
by Jason Yoo | Apr 8, 2021 | Competitive Intelligence, Medicare Supplement, news, 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