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2021 Medicare Supplement Market Premium Grows 1.7% to $35.6 Billion

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...

Integrity Partnership Expands Russek Financial Services’ Medicare and Retirement Planning Offerings

by Carrie Haubensak | May 10, 2022 | Insurance Industry, news

Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has entered into an agreement to acquire Russek Financial Services, an insurance and...

Life Application Activity In 1Q 2022, MIB Index Says

by Carrie Haubensak | May 5, 2022 | Life Insurance, news

U.S. life insurance application activity declined in March with Year-over-Year (YOY) activity down -7.7%, when compared to record breaking activity in March of 2021, and finishing Q1 2022 at -5.6% year to date, according to the MIB Life Index. However, when taking a...

CVS Health Medicare Supplement and Medicare Advantage Enrollment Increases 7,000 in 1st Quarter 2022

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...

Drug Plan Prices Touted During Medicare Open Enrollment Can Rise Within a Month

by Carrie Haubensak | May 4, 2022 | Medicare, news

Something strange happened between the time Linda Griffith signed up for a new Medicare prescription drug plan during last fall’s enrollment period and when she tried to fill her first prescription in January. She picked a Humana drug plan for its low prices,...

Ash Brokerage Joins Integrity in Historic Partnership to Further Innovate Insurance and Financial Services

by Carrie Haubensak | May 4, 2022 | Insurance Industry, news

Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has entered into an agreement to acquire Ash Brokerage, a leading financial advisory and...
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