by Anna Patrick | Mar 8, 2019 | Medicare, Medicare Supplement, news
This week we are reading about controlling Medicare Part B drug prices, the roles in CVS-Aetna merger and Minnesotans forced from Medicare Cost health plans. Medicare advisors eye binding arbitration to control drug prices | Modern Healthcare | March 7, 2019 A key... read more
by Anna Patrick | Mar 1, 2019 | Competitive Intelligence, Flash Report, Medicare Supplement
CompanyEffective Date Average Increase Comments Aetna Health and Life Insurance Company 4/1/2019 9.20% Montana American Continental Insurance Company (Aetna) 3/1/2019 3.00% Georgia American Retirement Life Insurance Company (CIGNA) 4/1/2019 8.00% 0.0 - 9.9% ; varies... read more
by Anna Patrick | Mar 1, 2019 | Flash Report, Medicare Supplement
Our summary below outlines how Medicare Supplement carriers are underwriting. Results are for a 65 year old male, non-tobacco, Plan F, effective date 3-1-2019. Any Heart ConditionStrokeDiabetes Dependent on Insulin Any Liver Problem Disorder of Pancreas Don't... read more
by Anna Patrick | Mar 1, 2019 | Flash Report, Medicare Supplement
CompanyMonthly PremiumAverage Rank Humanadental Insurance Company $105.12 9.40 Catholic Life Insurance $109.37 5.10 Lumico Life Insurance Company $117.17 6.50 Everest Reinsurance Company $117.23 6.40 Amerigroup Insurance Company $117.70 6.60 GPM Health and Life... read more
by Anna Patrick | Mar 1, 2019 | Flash Report, Medicare Supplement
There have been several new plans added to the Medicare Supplement market in February and March. Below is a sample of a few of the new additions. CompanyStateRate*Effective Date Aetna Health Insurance CompanyTX$98.543/1/2019 Atlantic Coast Life Insurance... read more
by Anna Patrick | Mar 1, 2019 | Flash Report, Medicare Supplement
CSG Actuarial’s MarketEdge tool allows you to view Medicare Supplement policyholder counts and the turning age 65 population by state and zip code to help you better focus your marketing efforts. Below is a sample of the data. MarketEdge also provides Medicare... read more
by Anna Patrick | Mar 1, 2019 | Medicare Supplement, news
Medicare Supplement 4th Quarter 2018 Results Over the past few weeks CSG Actuarial has reported the 4th quarter 2018 Medicare Supplement enrollment results for United Healthcare, Anthem, Torchmark, and Humana. We now have updates from other market leaders CVS Health... read more
by Anna Patrick | Feb 22, 2019 | Medicare Supplement, news
CSG Actuarial has recently received a multitude of inquiries regarding the level of 2019 Medicare Supplement new business rate increases relative to previous years. The chart below shows the overall Medicare Supplement average new business rate increases by effective... read more
by Anna Patrick | Feb 15, 2019 | Medicare Advantage, Medicare Supplement, news
This week we are reading about the proposed changes to Medicare Advantage and Part D and the new Medicare Supplement plans entering the market. CMS proposes Medicare Advantage and Part D payment and policy updates to maximize competition and coverage | CMS | January... read more
by Anna Patrick | Feb 8, 2019 | CSG Actuarial News, Insurance Industry, Medicare Supplement
Medicare Supplement 4th Quarter 2018 Results Last month CSG Actuarial reported the 4th quarter 2018 Medicare Supplement enrollment results for United Healthcare and Anthem. We now have updates from other market leaders Humana and Torchmark, summarized below. Humana’s... read more
by Anna Patrick | Feb 1, 2019 | Flash Report, Medicare Supplement
Our summary below outlines how Medicare Supplement carriers are underwriting. Enlarged Heart Heart Attack Diabetes Dependent on InsulinSystemic LupusNeuropathy Don't Ask25%0%0%15%70% Currently 0% 0% 30% 0% 5% Within Next Year0%0%0%0%0% 1-2 Years65% 85% 5% 25%... read more
by Anna Patrick | Feb 1, 2019 | Flash Report, Medicare Supplement
CompanyMonthly PremiumAverage Rank Prosperity Life Group $156.19 10.40 Lumico Life Insurance Company $157.019.70 Guarantee Trust Life Insurance Company $160.27 7.10 United World Life Insurance Company $161.15 9.10 Renaissance Life and Health Insurance Company of... read more
