by Jason Yoo | Jan 7, 2021 | Uncategorized
The current Medicare Advantage penetration rates as of December 2020 for the 200 most populous counties in America, in terms of Medicare eligible beneficiaries. For these 200 counties: 2 million Medicare beneficiaries and 14.3 million enrolled in MA Collectively, 44%...
by Jason Yoo | Jan 5, 2021 | Medicare, Medicare Supplement, news, Uncategorized
Overview The state of Colorado implemented a Special Enrollment period (SEP) January 1, 2021 through June 30, 2021, for individuals who are currently enrolled in a Plan C, Plan F or High Deductible Plan F in Colorado prior to January 1, 2021. This SEP allows...
by Jason Yoo | Dec 4, 2020 | Medicare Supplement, news, Uncategorized
CompanyEffective DateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/20215.9%2.9% - 7.8%; Varies by State Accendo Insurance Company1/1/2021 - 3/1/20214.0%2% - 5%; Varies by State Aetna Health and Life Insurance Company 1/1/2021 - 2/1/20216.3%2%...
by Jason Yoo | Nov 20, 2020 | CSG Actuarial News, Final Expense Life, Medicare, news, Uncategorized
AmeriLife Group, LLC (“AmeriLife”), announced it has acquired American Benefits Exchange, based in Austin, Texas. American Benefits Exchange specializes in providing insurance solutions to federal, postal and state employees, as well as members of the United States...
by Jason Yoo | Nov 20, 2020 | Insurance Industry, Market Potential Alert, news, Uncategorized
In the first two weeks of the 2021 Open Enrollment period, 1,622,106 people selected plans using the HealthCare.gov platform. Healthcare.gov Platform SnapshotWeek 1: November 1 - 7Week 2: November 8 - 14Cumulative Plan Selections818,365803,7411,622,106 New...
by Jason Yoo | Nov 13, 2020 | Medicare Advantage, Medicare Supplement, news, Uncategorized
Overall Company 2020 Highlights: Total Revenues increased to $67.1 billion, up 3.5% compared to prior year Overall Medical membership as of September 30, 2020 of 23.3 million, a decrease of 316,00 due to decline in Commercial, partially offset by growth in Medicare...