by Jason Yoo | Nov 20, 2020 | Medicare Advantage, Medicare Supplement, news | 0 Comments
CSG Actuarial has compiled key information from GoHealth Inc.’s publicly available Q3 2020 financial information, focusing primarily on their Medicare segment results. GoHealth Q3 2020 Highlights: Third quarter 2020 net revenues of $163.4 million increased 52%... read more
by Jason Yoo | Nov 20, 2020 | CSG Actuarial News, Final Expense Life, Medicare, news, Uncategorized | 0 Comments
AmeriLife Group, LLC (“AmeriLife”), announced it has acquired American Benefits Exchange, based in Austin, Texas. American Benefits Exchange specializes in providing insurance solutions to federal, postal and state employees, as well as members of the United States... read more
by Jason Yoo | Nov 20, 2020 | Medicare Advantage, news | 0 Comments
eHealth’s report examines plan selection trends and average premiums among Medicare beneficiaries shopping at eHealth between October 15 and November 8, 2020. It also includes key findings from their survey of more than 2,100 Medicare beneficiaries conducted in... read more
by Jason Yoo | Nov 20, 2020 | Insurance Industry, Market Potential Alert, news, Uncategorized | 0 Comments
In the first two weeks of the 2021 Open Enrollment period, 1,622,106 people selected plans using the HealthCare.gov platform. Healthcare.gov Platform SnapshotWeek 1: November 1 - 7Week 2: November 8 - 14Cumulative Plan Selections818,365803,7411,622,106 New... read more
by Jason Yoo | Nov 20, 2020 | Medicare, news | 0 Comments
Integrity Marketing Group, LLC (“Integrity”) announced it has acquired Vancouver, Washington based Smith Agency. As part of the acquisition, Matt Smith, President of Smith Agency, will become a Managing Partner at Integrity. The Smith Agency provides life insurance... read more
by Jason Yoo | Nov 13, 2020 | Medicare Advantage, Medicare Supplement, news, Uncategorized | 0 Comments
Overall Company 2020 Highlights: Total Revenues increased to $67.1 billion, up 3.5% compared to prior year Overall Medical membership as of September 30, 2020 of 23.3 million, a decrease of 316,00 due to decline in Commercial, partially offset by growth in Medicare... read more
by Jason Yoo | Nov 13, 2020 | Medicare Advantage, Medicare Supplement, news | 0 Comments
CSG Actuarial has compiled key information from SelectQuote, Inc. publicly available financial information, focusing primarily on their Medicare segment results for the quarter ended September 30, 2020. SelectQuote Q3 2020 Highlights: Senior Division Revenue for the... read more
by Jason Yoo | Nov 13, 2020 | Medicare, news | 0 Comments
Integrity Marketing Group, LLC (“Integrity”) announced it has acquired Dallas-based American Group Insurance Brokerage Services. American Group President and Owner Shane Van Loon will continue to lead American Group also becoming a Managing Partner in Integrity.... read more
by Jason Yoo | Nov 9, 2020 | Medicare, Medicare Supplement, news, Uncategorized | 0 Comments
For 2021, the standard Medicare Part B monthly premiums and the annual deductible are slightly higher than the 2020 amounts. The standard monthly premium for Medicare Part B enrollees will be $148.50 in 2021, an increase of $3.90 from $144.60 in 2020. The annual... read more
by Jason Yoo | Nov 6, 2020 | Insurance Industry, Medicare Advantage, news | 0 Comments
Molina Healthcare reported net income of $185 million for the third quarter, an increase of $10 million from the prior-year’s third quarter. Molina ended the quarter with Total Membership of 4,033,000, an increase of 687,000 from third quarter 2019. The increase... read more
by Jason Yoo | Nov 6, 2020 | Medicare, news | 0 Comments
Integrity Marketing Group, LLC (“Integrity”) announced it has acquired Western Asset Protection. Four decades ago, Western Asset Protection was initially built on Long-Term Care and Medicare Supplement insurance. In 2005, they expanded into Medicare Advantage... read more
by Jason Yoo | Nov 6, 2020 | Medicare Advantage, Medicare Supplement, news | 0 Comments
Q3 2020 Highlights from Company Earnings Release: Total Revenues for the third quarter of $20.1 billion, an increase of 24% from the prior-year quarter 92%, or 4.1 million members are currently enrolled in 4-Star and above contracts Medicare Enrollment Comments:... read more
