by Carrie Haubensak | Aug 6, 2024 | Insurance Industry
A 65-year-old couple will need $395,000 in combined savings to afford the cost of certain Medicare plans in retirement, according to the Milliman Retiree Health Cost Index. The average healthy 65-year-old retiring in 2024 is projected to spend a significant amount on... read more
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 2nd quarter 2024 Medicare Supplement lives of 339,200, up 5.0% from the result at 1st quarter 2024 and 15.3% compared to 2nd quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana... read more
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare
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 Power Team Financial Services, an independent marketing organization based in Corona,... read more
by Carrie Haubensak | Aug 1, 2024 | Insurance Industry, Medicare, Medicare Supplement
Through the first quarter of 2024, Medicare supplement rate increases proved to be noticeably higher than in prior years. Now, results through the second quarter are in. In general, Medicare claim trends have been elevated since 2023. Carriers have begun implementing... read more
by Carrie Haubensak | Aug 1, 2024 | Medicare, Medicare Advantage, Medicare Supplement
The U.S. healthcare system remains complex and inaccessible, leaving many seniors feeling uninformed, according to a new survey from digital health company DUOS. The new national consumer survey found 49% of respondents did not know the difference between Medicare and... read more
by Carrie Haubensak | Aug 1, 2024 | Insurance Industry, Medicare
AmeriLife Group announced that it has partnered with Elite Insurance Group, an independent, Reidsville, Georgia-based insurance brokerage that specializes in the Medicare, health insurance, and life insurance markets. Per the agreement, terms of the deal were not... read more
by Carrie Haubensak | Jul 31, 2024 | Insurance Industry
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced that Linda Zukauckas will join the company as Chief Financial Officer. With 40 years of results-driven... read more
by Carrie Haubensak | Jul 29, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate IncreaseComments Aetna Health and Life Insurance Company 9/1/202412.3%Alaska & District of Columbia Allstate Health Solutions 9/1/2024 - 1/1/202512.9%Varies by state & plan American Benefit Life Insurance Company 8/1/2024 -9/1/20249.9%Varies by... read more
by Carrie Haubensak | Jul 25, 2024 | Insurance Industry, Life Insurance, news
As insurers prepare to release second quarter financial results, it appears some, if not many, of the negative factors that have dragged earnings and profits for years have begun to diminish, and maybe even disappeared. Results vary by sector, with life and health... read more
by Carrie Haubensak | Jul 25, 2024 | Insurance Industry
Total annuity sales hit a whopping $215.2 billion in the first half of 2024, a 19% jump from prior year results, according to preliminary results from LIMRA’s U.S. Individual Annuity Sales Survey. That figure sets a new record and compares to $219 billion in total... read more
by Carrie Haubensak | Jul 23, 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 Gosen Insurance Group, an independent marketing organization based in Kissimmee,... read more
by Carrie Haubensak | Jul 22, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 2nd quarter 2024 financials on July 17th, reporting a decrease of 2,000 Medicare Supplement lives in the 2nd quarter and 32,000 Medicare Supplement lives over the past 12 months. The Elevance Health enrollment table... read more