by Carrie Haubensak | Jun 30, 2023 | Insurance Industry, Medicare Advantage
More seniors are picking MA plans, where the federal government pays private insurers to manage beneficiaries’ care. As of January 2023, MA covered half of eligible Medicare beneficiaries. Watchdogs have aired concerns as MA spending has ballooned over the past...
by Carrie Haubensak | Jun 29, 2023 | Insurance Industry, Medicare Supplement
CompanyDateIncrease AmountComments AARP - UnitedHealthcare Insurance Company 6/1/20232.8%Kentucky AARP - UnitedHealthcare Insurance Company of America 7/1/20236.5%Texas Ace Property and Casualty Insurance Company 8/1/2023 - 10/1/20234.5%Varies by state & plan...
by Carrie Haubensak | Jun 27, 2023 | Insurance Industry, news
Service-driven agency focused on supporting agents and simplifying Medicare will use Integrity’s best-in-class technology and resources to deliver enhanced solutions to seniors Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and...
by Carrie Haubensak | Jun 23, 2023 | Insurance Industry, news
Saybrus Partners, an affiliate of AmeriLife Group, LLC, announced it has reached an agreement with Prudential Financial, Inc. to move the latter’s wholesale life insurance brokerage general agency known as Prudential Life Distributors to Saybrus, cementing the firm as...
by Carrie Haubensak | Jun 23, 2023 | Insurance Industry, Medicare
Medicare provides health insurance coverage for more than 65 million people, nearly 20% of the U.S population – a share which will grow larger in the coming decades. In 2021, Medicare spending comprised 13% of the federal budget and 21% of national health care...
by Carrie Haubensak | Jun 23, 2023 | Insurance Industry, news
Pent-up demand for delayed healthcare during the COVID-19 pandemic is pressuring medical costs for health insurers that had a financial windfall during the pandemic amid low utilization. UnitedHealth, the parent company of the largest private payer in the U.S.,...
