by Kristin Steenson | Sep 22, 2017 | Medicare Supplement | 0 Comments
On April 16, 2015, the Medicare Access and CHIP Reauthorization Act of 2015 (“MACRA”) was signed into law. As part of this legislation, MACRA will prohibit the sale of Medicare Supplement policies that cover Part B deductibles to “newly... read more
by Kristin Steenson | Sep 15, 2017 | Long Term Care, Medicare Supplement | 0 Comments
In industry news this week, we are highlighting an update from Forbes on the Long-Term Care market. The Traditional Long-Term Care Insurance Market Crumbles | Forbes.com | September 8, 2017 Only about 89,000 people bought private long-term care insurance in 2016, a... read more
by Kristin Steenson | Sep 8, 2017 | Medicare Advantage | 0 Comments
This week we are highlighting an update from CBS News on expected changes to Medicare Advantage plans in 2018. Big changes expected in many 2018 Medicare Advantage plans | CBS News | August 28, 2017 Changes in plan structures and a dearth of insurers in rural areas... read more
by Kristin Steenson | Sep 1, 2017 | Competitive Intelligence, Flash Report, Medicare Supplement | 0 Comments
We are excited to release our 7th Annual Medicare Supplement Market Projection. The Medicare Supplement market continues to offer long-term sustainability. Just over 75 million individuals are expected to be enrolled in the Medicare program by 2026 (a 32% increase... read more
by Kristin Steenson | Sep 1, 2017 | Flash Report, Senior Hospital Indemnity | 0 Comments
Our summary below outlines how Hospital Indemnity carriers are underwriting for disabilities. CRITERIACONDITIONS Confined to Nursing FacilityConfined to HospitalBedriddenUse of WheelchairReceiving Home Health Don't Ask28%28%62%66%62% Less than... read more
by Kristin Steenson | Sep 1, 2017 | Flash Report, Medicare Supplement | 0 Comments
CompanyCurrent Monthly Premium*Average Rank** Puritan Life Insurance Company $91.12 4.30 GPM Health and Life Insurance Company $92.59 7.50 Pan-American Life Insurance Company $93.00 7.80 United World Life Insurance Company $93.02 3.20 S.USA Life Insurance Company... read more
by Kristin Steenson | Sep 1, 2017 | Competitive Intelligence, Flash Report | 0 Comments
CSG Actuarial’s MarketEdge can give you an unprecedented view of the Medicare Supplement and Medicare Advantage markets. By using the over 8 million quotes ran in our MarketAdvisor quoting platform, we can give you the industry insight you need. The sample... read more
by Kristin Steenson | Sep 1, 2017 | Flash Report, Medicare Supplement | 0 Comments
CompanyEffective DateAvg. IncreaseComments Aetna Health and Life Insurance Company 10/1/2017 4.9% North Carolina American Retirement Life Insurance Company 9/9-11/1/2017 5.1% 0% - 9.9%; Varies by state Americo Financial Life and Annuity Insurance Company 9/1-10/1/2017... read more
by Kristin Steenson | Aug 25, 2017 | CSG Actuarial News, Life Insurance, Medicare Advantage | 0 Comments
This week, we have whole life insurance first quarter 2017 results from Wink’s Sales & Market Report, and an update on Humana shares gain as their 2018 Medicare Advantage outlook improves. MassMutual Leads in Whole Life in 1Q 2017 | InsuranceNewsNet | June... read more
by Kristin Steenson | Aug 18, 2017 | Life Insurance, Medicare Advantage | 0 Comments
This week we are highlighting a study from Kaiser Family Foundation on counties that do not have any Medicare Advantage plans available and an update from MIB Life Index on Life Insurance activity. Some Counties May Lack an ACA Marketplace Insurer Next Year –... read more
by Kristin Steenson | Aug 11, 2017 | Medicare Supplement | 0 Comments
Last month CSG Actuarial reported the 2nd quarter 2017 Medicare Supplement enrollment results for UnitedHealthcare. We now have updates from other market leaders Aetna, Humana, Torchmark and CNO Financial, summarized below. Aetna’s Growth Slows Further in 2nd Quarter... read more
by Kristin Steenson | Aug 4, 2017 | Accident, Flash Report | 0 Comments
In the Accident Insurance market underwriting is limited, however many of these occupations can command a higher rate. Type 1 OccupationsType 2 Occupations Advertising Aerospace manufacturing Architects Agricultural productions and services Cartographers Air... read more
