by Carrie Haubensak | Nov 11, 2022 | Medicare, news
During the Medicare open enrollment period from October 15 to December 7 each year, beneficiaries can enroll in a plan that provides Part D prescription drug coverage, either a stand-alone prescription drug plan (PDP) for people in traditional Medicare, or a Medicare...
by Carrie Haubensak | Nov 3, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
For 3rd quarter 2022, CVS Health reported Medicare Supplement member in-force counts of 1,345,000, up 31,000 from 2nd quarter 2022 and 103,000 over the past 12 months. The 103,000 increase in membership in the past 12 months is down more than 55% from the membership...
by Carrie Haubensak | Nov 3, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Humana reported 3rd quarter 2022 Medicare Supplement lives of 316,500, down 0.3% from the result at 2nd quarter 2022 and a 4.7% decrease compared to 3rd quarter 2021. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter...
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 6, 2022 | Insurance Industry, Medicare, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor...
