by Carrie Haubensak | Jan 11, 2024 | Insurance Industry, news
Elevance Health is acquiring Paragon Healthcare, a Plano, Texas-based company specializing in infusible and injectable drug therapies. Paragon Healthcare patients will receive medical and pharmacy benefits from Elevance Health subsidiaries and operate within... read more
by Carrie Haubensak | Jan 11, 2024 | Insurance Industry, Medicare
A record 20.4 million Americans have signed up for Affordable Care Act plans since open enrollment began in November. Sign-ups are expected to continue to grow. A record 20.4 million Americans have signed up for Affordable Care Act plans since open enrollment began in... read more
by Carrie Haubensak | Jan 11, 2024 | Insurance Industry, Life Insurance
Shoppers kept U.S. individual life insurance underwriting systems busy in December. Overall application activity was 6.5% higher last month than in December 2022, and it was up by at least 8% for three of the age groups that MIB Group tracks, according to new MIB... read more
by Carrie Haubensak | Jan 9, 2024 | Insurance Industry, Life Insurance, Medicare, news
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with SoundadviceMD, an independent marketing organization based in Owings Mills,... read more
by Carrie Haubensak | Jan 4, 2024 | Insurance Industry
Sales of annuity products hit record highs throughout 2023 and ended the year riding a wave strong enough to raise expectations for 2024 and beyond. Favorable economic conditions is the biggest factor leading LIMRA to project strong growth for annuity sales going... read more
by Carrie Haubensak | Jan 4, 2024 | Insurance Industry, Life Insurance
Life insurance jumped into the spotlight with the COVID-19 pandemic. Converting that mortality awareness into life sales proved to be largely disappointing once the initial buying surge faded. But the momentum is not entirely lost, LIMRA says. In fact, the combination... read more
by Carrie Haubensak | Jan 4, 2024 | Insurance Industry, Medicare Supplement
Rate actions are the most important tool that carriers can use to manage the performance of their Medicare Supplement business. Rate increases (and sometimes rate decreases!) are used to adjust competitive positioning and to move loss ratios toward the pricing... read more
by Carrie Haubensak | Jan 3, 2024 | Insurance Industry
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with We The People Agency (“WTP Agency”), an independent marketing organization based in... read more
by Carrie Haubensak | Jan 2, 2024 | Insurance Industry, Medicare Supplement
CompanyDateIncrease AmountComments Ace Property and Casualty Insurance Company 9/1/2023 - 1/1/20246.8%Varies by state & plan Aetna Health and Life Insurance Company 2/1/2024 - 3/1/20247.5%Arizona & Utah Aetna Health Insurance Company 2/1/202411.3%Oklahoma... read more
by Carrie Haubensak | Dec 19, 2023 | Insurance Industry, Life Insurance, Medicare
Integrity Marketing Group, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with Delmarva Benefit Group, an independent marketing organization based in Felton, Delaware,... read more
by Carrie Haubensak | Dec 12, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement
Cigna reported 3rd quarter 2023 Medicare Supplement lives of 468,000, up 0.6% from the result at 2nd quarter 2023 and down 3.9% compared to 3rd quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. ... read more
by Carrie Haubensak | Dec 12, 2023 | Insurance Industry, news
AmeriLife Group, a national leader in developing, marketing, and distributing life and health insurance, annuities, and retirement planning solutions, announced today that it has partnered with USA Benefits Group, a fast-growing, national health brokerage dedicated to... read more
