by Carrie Haubensak | Jun 2, 2022 | Insurance Industry, Medicare
The Centers for Medicare & Medicaid Services (CMS) released a report that recommends cost savings from lower-than-expected Medicare Part B spending be passed along to people with Medicare Part B coverage in the calculation of the 2023 Part B premium. Earlier this...
by Carrie Haubensak | May 26, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 1st Quarter 2022 Financial results. eHealth Medicare Segment 1st Quarter 2022 Enrollment Highlights: Medicare Advantage new approved members...
by Carrie Haubensak | May 20, 2022 | Insurance Industry, Medicare, news
Investment losses, an increase in COVID-19 expenses and rising costs overall drove Kaiser Permanente to a net loss of $961 million in the first quarter, down from a net income of $2 billion at the same time last year. Growth in the Oakland, California-based integrated...
by Carrie Haubensak | May 13, 2022 | Medicare, Medicare Advantage, Medicare Supplement, news
Updated measures for 2023 will advance equity and increase access to affordable care Today, the Centers for Medicare & Medicaid Services (CMS) issued a final rule for the Medicare Advantage (MA) and Part D prescription drug programs that will improve experiences...
by Carrie Haubensak | May 13, 2022 | Medicare, Medicare Supplement, news
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2021 totaled $35.6 billion, a 1.7% increase over 2020. A few other notes of interest: The total Medicare Supplement...
by Carrie Haubensak | May 4, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
For 1st quarter 2022, CVS Health reported Medicare Supplement member in-force counts of 1,292,000, up 7,000 from 4th quarter 2021 and 146,000 over the past 12 months. The 146,000 increase in membership in the past 12 months is down 37% from the membership growth in...