by Carrie Haubensak | Oct 13, 2022 | Insurance Industry, news
Senior Market Sales has acquired a family of full-service insurance businesses in Ohio spanning three generations of the Vic Gerber Sr. family. SMS President Jim Summers said the acquisition preserves the legacy of Gerber and Associates founder Vic Gerber Sr. and...
by Carrie Haubensak | Oct 13, 2022 | Insurance Industry, Medicare Advantage
Molina closed its acquisition of AgeWell, a Medicaid long-term care business, for $110 million, according to a release from the company. The payer will pick up 13,000 members from New York-based AgeWell who are chronically ill or disabled and covered by AgeWell’s...
by Carrie Haubensak | Oct 13, 2022 | Medicare, Medicare Advantage, news
The Centers for Medicare & Medicaid Services (CMS) publishes the Medicare Advantage (Medicare Part C) and Medicare Part D Star Ratings each year to measure the quality of health and drug services received by consumers enrolled in Medicare Advantage (MA) and...
by Carrie Haubensak | Oct 13, 2022 | Medicare, Medicare Supplement, news
CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. The overall average increase for year-to-date 2022 is 4.2%, the lowest since 2018. Historical average rate increases by year since...
by Carrie Haubensak | Oct 11, 2022 | Insurance Industry
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 Anderson-Kent Insurance Agency...