by Jason Yoo | Mar 11, 2021 | Insurance Industry, Market Potential Alert, news
In the first two weeks of the 2021 Special Enrollment period (SEP), 206,000 people selected plans using the HealthCare.gov platform. The SEP runs from February 15, 2021 to May 15, 2021. CMS plans to release a report on new plan selections for each month of the 2021... read more
by Jason Yoo | Mar 11, 2021 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has acquired Copeland Insurance Group (“Copeland Group”). Headquartered in Longview, Texas, the Copeland Group is one... read more
by Jason Yoo | Mar 4, 2021 | Medicare Advantage, news
Cigna will acquire telehealth platform MDLive, the insurer announced Friday morning. Cigna has been a longtime partner of and investor in MDLive and will fold it into its Evernorth subsidiary, which houses its health services business. The deal is expected to close... read more
by Jason Yoo | Mar 4, 2021 | Medicare Advantage, news
It’s not a secret that the Medicare Advantage market is booming. At Anthem, for instance, enrollment in MA was up nearly 18% at the end of 2020 compared to the year before, reaching 1.4 million members. Total Medicare enrollment, including both MA and supplement... read more
by Jason Yoo | Mar 4, 2021 | Medicare Advantage, news
Highmark Inc. announced today that its affiliation first unveiled in June 2020 with HealthNow New York Inc. has become effective. In the coming months, the newly affiliated organization will be rebranded Highmark Blue Cross Blue Shield of Western New York and Highmark... read more
by Jason Yoo | Mar 3, 2021 | Insurance Industry, news
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, today announced it has acquired Access Capital Group, LLC (“Access Capital”), the market’s leading financing company for insurance agents... read more
by Jason Yoo | Mar 2, 2021 | Medicare Supplement, news
Seniors who choose Medigap policies have high rates of satisfaction with their choice, particularly due to reduced out-of-pocket healthcare spending, according to a survey that America’s Health Insurance Plans (AHIP) commissioned. “More than 14 million Americans rely... read more
by Jason Yoo | Mar 2, 2021 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key information from SelectQuote, Inc.’s publicly available financial information, focusing primarily on their Medicare segment results. Note: SelectQuote’s Fiscal Year ends on June 30. The 2nd Quarter 2021 reflects the three months ended... read more
by Jason Yoo | Feb 26, 2021 | Medicare Supplement, news
CNO Financial Group, Inc. (“CNO”) focuses on serving middle-income pre-retiree and retired Americans. CNO sell our products through exclusive agents, independent producers and direct marketing under three primary brands: Bankers Life, Washington National and... read more
by Jason Yoo | Feb 26, 2021 | Insurance Industry, news, Uncategorized
Integrity Marketing Group, LLC (“Integrity”), the nation’s largest independent distributor of life and health insurance products, announced it has acquired J. Berg & Associates, a leading insurance marketing organization (“IMO”) based in St. Louis, Missouri. “J.... read more
by Carrie Haubensak | Feb 25, 2021 | Uncategorized
CompanyEffective DateAverage IncreaseComments Accendo Insurance Company 6/1/20215.0%Virginia Aetna Health Insurance Company 3/1/20212.9%0% - 8%; Varies by state American Continental Insurance Company (Aetna) 3/1/20213.0%Wyoming American Retirement Life Insurance... read more
by Jason Yoo | Feb 18, 2021 | Insurance Industry, Medicare Advantage, news
Full Year 2020 Highlights: December 31, 2020 managed care membership of 25.5 million, an increase of 10.3 million members, or 67%, over December 31, 2019. Total revenues of $28.3 billion for the fourth quarter of 2020, representing 50% growth compared to the fourth... read more
