by Jason Yoo | Nov 6, 2020 | Medicare Advantage, Medicare Supplement, news
Q3 2020 Highlights from Company Earnings Release: Total Revenues for the third quarter of $20.1 billion, an increase of 24% from the prior-year quarter 92%, or 4.1 million members are currently enrolled in 4-Star and above contracts Medicare Enrollment Comments:... read more
by Jason Yoo | Nov 6, 2020 | Medicare Supplement, news
AmeriLife Group announced it has acquired Forward Strategies Insurance Brokers, LLC (“Forward Strategies”), a national leader in marketing annuities, life insurance, long-term care and hybrid products based in Tucson, Ariz. Forward Strategies Insurance Brokerage is a... read more
by Carrie Haubensak | Nov 6, 2020 | Flash Report, Medicare Supplement, news
CompanyStatesEffective Date Plans Accendo Insurance CompanyVT10/2/2020A, F, G, N Avera Health Plans, IncIA, SD10/1/2020HDG (Select) Cigna Health & Life Insurance CompanyOR11/9/2020A, F, HDF, G, N Federal Life Insurance CompanyMD, TN10/23/2020A, F, G, N Humana... read more
by Carrie Haubensak | Nov 6, 2020 | Uncategorized
CompanyEffective DateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 1/1/2021 7.4% 0% - 20%; Varies by state Accendo Insurance Company 1/1/2021 6% Oklahoma Aetna Health and Life Insurance Company 3/1/2021 4.7% Arizona Aetna Health Insurance Company... read more
by Jason Yoo | Oct 30, 2020 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key information on the Medicare business from eHealth Inc.’s Q3 Financial results. eHealth Medicare Segment Q3 2020 Highlights: Medicare segment revenues for the quarter grew 23% year-over-year to $70.4 million 36% of Medicare major medical... read more
by Jason Yoo | Oct 30, 2020 | Medicare Advantage, Medicare Supplement, news
Q3 2020 Highlights: Operating Revenues was $30.6 Billion, 15.9% Growth over the prior year driven by higher premium revenue due to growth in Medicaid and Medicare Benefit expense ratio was 86.8% in the third quarter, a decrease of 40 basis points from 87.2% compared... read more
by Jason Yoo | Oct 30, 2020 | Insurance Industry, Medicare Advantage, news
Centene Corporation reported a profit of $568 million for the third quarter, nearly six times more than its net earnings in the prior-year’s third quarter. The increase was in large part due to the acquisition of WellCare which closed in January. In addition,... read more
by Jason Yoo | Oct 30, 2020 | Medicare Advantage, news
GoHealth commissioned 2,000 online interviews to explore the implications and burden Gen X and Millennials face when supporting their aging parents. As the Baby Boomer generation continues to age, more Millennials and Gen X’ers are taking an important role in their... read more
by Jason Yoo | Oct 23, 2020 | Insurance Industry, Market Potential Alert, news
While Medicare agents are deep into AEP, many FMOs and agents will soon be helping Under 65 clients navigate their health insurance options. If you are not in the ACA market, it may be due to an opinion the ACA market lacks stability and a result, the market is not... read more
by Jason Yoo | Oct 23, 2020 | Medicare, news
Integrity Marketing Group, LLC (“Integrity”) announced it has acquired the Health Insurance Store, a leading field marketing organization with nine retail locations throughout Florida. For almost 30 years, the Health Insurance Store has worked directly with consumers... read more
by Jason Yoo | Oct 23, 2020 | Medicare, news
AmeriLife Group, LLC (“AmeriLife”), the national leader in marketing and distributing life, health and retirement solutions, has partnered with The Equita Group, formally known as Equita Financial and Insurance Services. Founded in 1986 as a life and health insurance... read more
by Jason Yoo | Oct 23, 2020 | Medicare, Medicare Advantage, news
Humana compared calendar year 2019 prevention measures for approximately 2.1 million Medicare Advantage members seeking care from providers in a value-based arrangement to approximately 873,800 members who sought care from providers under standard Medicare Advantage... read more
