by Carrie Haubensak | Aug 27, 2024 | Dental, Insurance Industry, Senior Hospital Indemnity, Short-Term Care
The supplemental health insurance market continues to steadily grow, primarily due to the increase in the size of the Medicare population. Telos Actuarial’s Future of Medicare Supplement white paper shows that the Medicare Eligible population is expected to grow... read more
by Carrie Haubensak | Aug 27, 2024 | Insurance Industry
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, has partnered with JHA Health Advocates, an independent marketing organization based in Englewood, New Jersey, and led... read more
by Carrie Haubensak | Aug 22, 2024 | Medicare, Medicare Supplement
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 2nd quarter 2024 Medicare Supplement sales of $7.8 million, 12% lower than sales in 2nd quarter 2023. For the past 12 months CNO Financial Group... read more
by Carrie Haubensak | Aug 22, 2024 | Insurance Industry, Life Insurance
Individual life insurance new annualized premium totaled $3.97 billion in the second quarter, level with prior-year results, according to LIMRA’s preliminary U.S. Life Insurance Sales Survey. Policy count was flat for the quarter. Year to date, new premium totaled... read more
by Carrie Haubensak | Aug 20, 2024 | Insurance Industry
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with Comprehensive Benefits, an independent marketing organization based in St. Louis,... read more
by Carrie Haubensak | Aug 16, 2024 | Insurance Industry, Medicare, Medicare Supplement
Insurance companies that operate in the brokerage Medicare Supplement market typically offer per policy bonuses to encourage agents to sell their products. These bonuses generally vary by underwriting type and reward agents for writing the types of business that fit... read more
by Carrie Haubensak | Aug 15, 2024 | Insurance Industry
Sales of annuities, the once largely disparaged investment instrument, have been off the charts for the last several years. Consumers, mostly retirees or those close to retiring, have turned to annuities in record numbers, fueled by the seemingly reassuring financial... read more
by Carrie Haubensak | Aug 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 2nd quarter 2024 Medicare Supplement lives of 473,000, up 1.5% from the result at 1st quarter 2024 and 1.7% compared to 2nd 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 | Aug 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 2nd quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,294,000, a decrease of 6,000 in the past quarter and 57,000 over the past 12 months. The 57,000 decrease in membership in the past 12 months is a 4.2% decrease relative to the... read more
by Carrie Haubensak | Aug 13, 2024 | Insurance Industry
Integrity Foundation has completed its second annual community legacy and support initiative — a state-of-the-art playground in Fort Wayne, Indiana, built in a single Build Day. Completed in partnership with KABOOM!, the New Covenant Impact Center and Integrity... read more
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare Supplement
The following information is additional data to enhance the Medicare Supplement rate increase information provided in recent weeks. CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. As... read more
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, 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
