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Cigna sells Medicare businesses to HCSC for $3.7B

by Carrie Haubensak | Jan 31, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement

The transaction exits Cigna from a sector that’s been a huge source of growth for insurers but has seen its earnings potential shrink. Cigna has agreed to sell its Medicare business to Health Care Service Corporation for roughly $3.7 billion, the health insurer...

Humana Reports Medicare Supplement and Medicare Advantage Results for 4th Quarter 2023

by Carrie Haubensak | Jan 31, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement

Humana reported 4th quarter 2023 Medicare Supplement lives of 307,200, up 2.6% from the result at 3rd quarter 2023 and down 2.0% compared to 4th quarter 2022.  The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. ...

Elevance Health Announces 4th Quarter 2023 Results

by Carrie Haubensak | Jan 25, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news

Elevance Health (formerly Anthem, Inc.) released 4th quarter 2023 financials on January 24th, reporting a decrease of 5,000 Medicare Supplement lives in the 4th quarter and a decrease of 24,000 Medicare Supplement lives over the past 12 months.  The Elevance Health...

UHC Reports Medicare Supplement, Medicare Advantage, and Medicare PDP Enrollment for 4th Quarter 2023

by Carrie Haubensak | Jan 15, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news

Medicare Supplement market leader United Healthcare (UHC) released 4th quarter 2023 financials on January 12th, reporting a 10,000 increase in Medicare Supplement lives in the 4th quarter.  The UHC enrollment table below features Standardized and Modernized policy...

ACA Enrollment for 2024 Reaches Record High

by Carrie Haubensak | Jan 11, 2024 | Insurance Industry, Medicare

A record 20.4 million Americans have signed up for Affordable Care Act plans since open enrollment began in November. Sign-ups are expected to continue to grow. A record 20.4 million Americans have signed up for Affordable Care Act plans since open enrollment began in...

SoundadviceMD Partners With Integrity to Accelerate Growth of Innovative Expansive Sales Model

by Carrie Haubensak | Jan 9, 2024 | Insurance Industry, Life Insurance, Medicare, news

Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with SoundadviceMD, an independent marketing organization based in Owings Mills,...
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