by Carrie Haubensak | May 20, 2022 | Insurance Industry
Anthem’s shareholders have signed off on the insurer’s corporate rebrand as Elevance Health. With the shareholder approval, Anthem will commemorate the name change on June 28 by ringing the opening bell at the New York Stock Exchange before trading under... read more
by Carrie Haubensak | May 20, 2022 | Insurance Industry, Medicare, news
Investment losses, an increase in COVID-19 expenses and rising costs overall drove Kaiser Permanente to a net loss of $961 million in the first quarter, down from a net income of $2 billion at the same time last year. Growth in the Oakland, California-based integrated... read more
by Carrie Haubensak | May 20, 2022 | Life Insurance, news
U.S. life insurance application activity declined in April 2022 compared to April 2021, with Year-over-Year (YOY) activity down -11.7%. However, this YOY comparison was impacted, in part, by record-breaking growth seen in April of 2021. When taking a longer-term... read more
by Carrie Haubensak | May 18, 2022 | Insurance Industry, news
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has entered into an agreement to acquire Ritter Insurance Marketing, a leading independent... read more
by Carrie Haubensak | May 13, 2022 | Medicare, Medicare Advantage, Medicare Supplement, news
Updated measures for 2023 will advance equity and increase access to affordable care Today, the Centers for Medicare & Medicaid Services (CMS) issued a final rule for the Medicare Advantage (MA) and Part D prescription drug programs that will improve experiences... read more
by Carrie Haubensak | May 13, 2022 | Medicare, Medicare Supplement, news
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2021 totaled $35.6 billion, a 1.7% increase over 2020. A few other notes of interest: The total Medicare Supplement... read more
by Carrie Haubensak | May 13, 2022 | Uncategorized
The National Medicare Insurance Industry Summit (The MedSupp Conference) has changed its name to Medicarians. Medicarians is excited to be the home of the product creators, distributors, service providers, administrators, and innovators helping the people live longer,... read more
by Carrie Haubensak | May 10, 2022 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has entered into an agreement to acquire Russek Financial Services, an insurance and... read more
by Carrie Haubensak | May 5, 2022 | Life Insurance, news
U.S. life insurance application activity declined in March with Year-over-Year (YOY) activity down -7.7%, when compared to record breaking activity in March of 2021, and finishing Q1 2022 at -5.6% year to date, according to the MIB Life Index. However, when taking a... read more
by Carrie Haubensak | May 4, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
For 1st quarter 2022, CVS Health reported Medicare Supplement member in-force counts of 1,292,000, up 7,000 from 4th quarter 2021 and 146,000 over the past 12 months. The 146,000 increase in membership in the past 12 months is down 37% from the membership growth in... read more
by Carrie Haubensak | May 4, 2022 | Medicare, news
Something strange happened between the time Linda Griffith signed up for a new Medicare prescription drug plan during last fall’s enrollment period and when she tried to fill her first prescription in January. She picked a Humana drug plan for its low prices,... read more
by Carrie Haubensak | May 4, 2022 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has entered into an agreement to acquire Ash Brokerage, a leading financial advisory and... read more
