by Carrie Haubensak | Oct 5, 2023 | Insurance Industry, Medicare
AmeriLife Group announced it has partnered with Pittsburgh-based GS National Insurance, a wholesale distributor of health insurance products for independent brokers and agencies. “Over the last decade, GS National has experienced significant growth, and we’re excited...
by Carrie Haubensak | Oct 5, 2023 | Insurance Industry, Medicare
Since the history presented in August for Original Medicare Part A also covers how Original Medicare Part B (“Part B”) came into existence, we’ll take a shortcut here. The year was 1965 and it was LBJ, in the Truman Library, with the ink pen. Part B is administered...
by Carrie Haubensak | Oct 5, 2023 | Insurance Industry, Medicare
The average premium for Medicare Advantage plans is expected to increase slightly next year, but the large majority of beneficiaries will see no change, according to the Biden administration. The CMS on Tuesday announced that the average monthly plan premium will rise...
by Carrie Haubensak | Oct 5, 2023 | Insurance Industry, Medicare
Publicly traded Medicare eBrokers (or sometimes called “Direct-to-Consumer distributors”) collectively sold 361,572 policies, generated $446 million in Revenues, and spent $561 million during Q2 2023. Last month we looked at Medicare carrier financials side-by-side....
by Carrie Haubensak | Sep 28, 2023 | Medicare, news
The Centers for Medicare & Medicaid Services announced that average premiums, benefits, and plan choices for Medicare Advantage and the Medicare Part D prescription drug program will remain stable in 2024. Improvements adopted in the 2024 Rate Announcement, as...
by Carrie Haubensak | Sep 28, 2023 | Medicare
Over the past several months Telos Actuarial began posting Medicare enrollment snapshots for a number of states on LinkedIn. They now offer a full book including data for all 50 states, including a collection of Medicare enrollment data visuals by state. Here’s what...