by Carrie Haubensak | Jan 7, 2021 | Medicare Supplement, news
CompanyEffective DateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/20217.3%Delaware & Oregon Accendo Insurance Company 3/1/20212.5%2% - 4%; Varies by state Aetna Health Insurance Company 2/1/2021 - 3/1/20214.2%0% - 8%; Varies by state... read more
by Jason Yoo | Jan 7, 2021 | CSG Actuarial News, Medicare, news
Centene Corporation and Magellan Health, Inc. announced they have entered into a definitive merger agreement under which Centene will acquire Magellan Health for a total value of $2.2 billion. Acquisition will broaden and deepen Centene’s whole health... read more
by Jason Yoo | Jan 7, 2021 | Uncategorized
The current Medicare Advantage penetration rates as of December 2020 for the 200 most populous counties in America, in terms of Medicare eligible beneficiaries. For these 200 counties: 2 million Medicare beneficiaries and 14.3 million enrolled in MA Collectively, 44%... read more
by Jason Yoo | Jan 6, 2021 | news
Maryland is holding a new special enrollment period for the uninsured to get health insurance though the state’s health benefit exchange. Gov. Larry Hogan announced Monday the new enrollment period begins immediately and will run until March 15. It’s being... read more
by Jason Yoo | Jan 5, 2021 | Medicare, Medicare Supplement, news, Uncategorized
Overview The state of Colorado implemented a Special Enrollment period (SEP) January 1, 2021 through June 30, 2021, for individuals who are currently enrolled in a Plan C, Plan F or High Deductible Plan F in Colorado prior to January 1, 2021. This SEP allows... read more
by Jason Yoo | Jan 5, 2021 | Medicare Advantage, news
During the MA OEP (January 1 to March 31) Medicare Advantage plan enrollees may enroll in another MA plan or disenroll from their MA plan and return to Original Medicare. Individuals may make only one election during the MA OEP. Individuals enrolled in an MA plan may... read more
by Jason Yoo | Dec 18, 2020 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Transactions in the Senior market have been robust in 2020. CSG has compiled a table summarizing IPOs and acquisitions year-to-date in 2020 in the Medicare space. Initial Public Offerings (“IPOs”) and other Capital Transactions: Date AnnouncedOrganizationCompany... read more
by Jason Yoo | Dec 18, 2020 | CSG Actuarial News, Medicare, news
AmeriLife Group, LLC (“AmeriLife”), announced it has acquired Senior Resource Group (“SRG”), an independent field organization based in Philadelphia, PA. As a part of the transaction, AmeriLife also welcomes to its family of companies Senior Family Services (SFS), a... read more
by Jason Yoo | Dec 18, 2020 | Medicare Advantage, news
GoHeatlh Inc. recently announced a newly created role of Chief Medical Officer, hiring Dr. Paul Hain, M.D. Dr. Hain recently served as the Chief Medical Officer and Divisional Senior Vice President of Market Delivery for Blue Cross and Blue Shield of Texas. The hire... read more
by Jason Yoo | Dec 18, 2020 | Medicare Advantage, news
Humana Inc., already a 50% owner of Wisconsin healthcare based iCare, recently announced it will acquire the remaining 50%. iCare currently serves 44,000 members through Wisconsin’s Medicaid SSI program, BadgerCare program, and Medicare D-SNP plans for people who are... read more
by Jason Yoo | Dec 18, 2020 | Insurance Industry, Market Potential Alert, news
In the first five weeks of the 2021 Open Enrollment period, 3,818,665 people selected plans using the HealthCare.gov platform. Read the full article here. These enrollment numbers refer to the 36 states that use the HealthCare.gov platform for the 2021 benefit year.... read more
by Jason Yoo | Dec 11, 2020 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial’s MarketEdge and MarketAdvisor are the ultimate sales and marketing research tools, allowing you to view Medicare Advantage market share and demographics to better understand the opportunity. Below is just a sampling of data using November 2020... read more
