by Anna Patrick | Jan 17, 2020 | Medicare Advantage, Medicare Supplement | 0 Comments
Medicare Supplement market leader United Healthcare (UHC) released 4th quarter 2019 financials on January 15th and reported a loss of 10,000 Medicare Supplement lives in the 4th quarter. The UHC enrollment table below features Standardized and Modernized policy... read more
by Anna Patrick | Jan 10, 2020 | Medicare Advantage, Medicare Supplement, news | 0 Comments
This week we are reading about Amerilife’s growth investment and market expansion, Integrity Marketing Group’s employee ownership plan and social risk factors that may influence CMS star rankings. Amerilife Announces Growth Investment from Thomas H. Lee... read more
by Taylor McDonald | Jan 3, 2020 | Flash Report | 0 Comments
CompanyMonthly Premium*Average Rank** CSI Life Insurance Company $87.34 2.50 Continental Life Insurance Company of Brentwood, Tennessee (Aetna) $87.38 2.40 Pan American Life Insurance Company $87.81 6.90 Southern Guaranty Insurance Company $88.14 5.80 Heartland... read more
by Taylor McDonald | Jan 3, 2020 | Flash Report | 0 Comments
CompanyEffective Date Average Increase Comments Aetna Health and Life Insurance Company 12/13/2019 - 2/1/2020 5.2% 0.0 - 9.0% ; varies by state Aetna Health Insurance Company 12/13/2019 - 2/1/2020 0.6% 0.0 - 2.1% ; varies by state American National Life Insurance... read more
by Anna Patrick | Jan 3, 2020 | Flash Report, Medicare Supplement | 0 Comments
Our summary below outlines how Medicare Supplement carriers are underwriting – based on our Medicare Supplement Health Condition and Underwriting Filter. Cyclandelate - DementiaLurasidone - Bipolar DisorderNovolin - Insulin Dependent DiabetesRoferon -... read more
by Anna Patrick | Jan 3, 2020 | Flash Report, Medicare Supplement | 0 Comments
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) took effect January 1, 2020. Below are answers to frequently asked questions. What does MACRA require? Prohibits first dollar Part B coverage on Medicare Supplement plans (Plans C and F) to “newly... read more
by Anna Patrick | Jan 3, 2020 | Flash Report, Medicare Supplement | 0 Comments
Since Plan F High Deductible cannot be sold to those “newly eligible” Medicare beneficiaries, a new Plan G High Deductible was created for those “newly eligible” Medicare beneficiaries as of January 1, 2020. The effective date of coverage for Plan G High... read more
by Anna Patrick | Dec 20, 2019 | Medicare Supplement | 0 Comments
New business rate increases implemented on Medicare Supplement blocks of business were higher in 2019. Historical average rate increases by year since 2011 are shown below. The 2019 average increase of 5.0% was one point higher than the 2018 average and the highest... read more
by Taylor McDonald | Dec 13, 2019 | news | 0 Comments
This week we are reading about CVS’s buying of Centene’s divested Illinois Medicare Advantage plan and the low amount of Medicare beneficiaries that switch plans during the open enrollment period. CVS To Buy Centene’s Divested Illinois Medicare... read more
by Taylor McDonald | Dec 6, 2019 | Flash Report, Medicare Supplement | 0 Comments
Our summary below outlines how Medicare Supplement carriers are underwriting – based on our Medicare Supplement Health Condition and Underwriting Filter. *Male, 69 year old, non-tobacco, plan G In Tennessee **For the previous full year, based upon CSG... read more
by Taylor McDonald | Dec 6, 2019 | Flash Report, Medicare Supplement | 0 Comments
CompanyEffective Date Average Increase Comments AARP - UnitedHealthcare Insurance Company 1/1/2020 5.0% 0.0 - 9.8% ; varies by state American National Life Insurance Company of Texas 10/15 - 12/1/2019 15.5% -3.4 - 25.0% ; varies by state American Retirement Life... read more
by Taylor McDonald | Dec 6, 2019 | Flash Report, Medicare Supplement | 0 Comments
CompanyMonthly Premium*Average Rank** State Farm Mutual Automobile Insurance Company $159.89 New Plan - Effective Date 1/1/2019 Humana Insurance Company $164.88 4.70 American National Life Insurance Company of Texas $164.91 3.30 Regence Blueshield $165.00 8.50 USAA... read more
