by Anna Patrick | Jan 3, 2020 | Flash Report, Medicare Supplement
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) took effect January 1, 2020. Below are answers to frequently asked questions. What does MACRA require? Prohibits first dollar Part B coverage on Medicare Supplement plans (Plans C and F) to “newly... read more
by Anna Patrick | Jan 3, 2020 | Flash Report, Medicare Supplement
Since Plan F High Deductible cannot be sold to those “newly eligible” Medicare beneficiaries, a new Plan G High Deductible was created for those “newly eligible” Medicare beneficiaries as of January 1, 2020. The effective date of coverage for Plan G High... read more
by Anna Patrick | Dec 20, 2019 | Medicare Supplement
New business rate increases implemented on Medicare Supplement blocks of business were higher in 2019. Historical average rate increases by year since 2011 are shown below. The 2019 average increase of 5.0% was one point higher than the 2018 average and the highest... read more
by Anna Patrick | Dec 13, 2019 | news
This week we are reading about CVS’s buying of Centene’s divested Illinois Medicare Advantage plan and the low amount of Medicare beneficiaries that switch plans during the open enrollment period. CVS To Buy Centene’s Divested Illinois Medicare... read more
by Anna Patrick | Dec 6, 2019 | Flash Report, Medicare Supplement
Our summary below outlines how Medicare Supplement carriers are underwriting – based on our Medicare Supplement Health Condition and Underwriting Filter. *Male, 69 year old, non-tobacco, plan G In Tennessee **For the previous full year, based upon CSG... read more
by Anna Patrick | Dec 6, 2019 | Flash Report, Medicare Supplement
CompanyEffective Date Average Increase Comments AARP - UnitedHealthcare Insurance Company 1/1/2020 5.0% 0.0 - 9.8% ; varies by state American National Life Insurance Company of Texas 10/15 - 12/1/2019 15.5% -3.4 - 25.0% ; varies by state American Retirement Life... read more
by Anna Patrick | Dec 6, 2019 | Flash Report, Medicare Supplement
CompanyMonthly Premium*Average Rank** State Farm Mutual Automobile Insurance Company $159.89 New Plan - Effective Date 1/1/2019 Humana Insurance Company $164.88 4.70 American National Life Insurance Company of Texas $164.91 3.30 Regence Blueshield $165.00 8.50 USAA... read more
by Anna Patrick | Dec 6, 2019 | Dental, Flash Report, Medicare Advantage, Medicare Supplement
CSG Actuarial is excited to announce it is adding additional carriers and products to the E-Application Platform on the MarketAdvisor quoting and enrollment tool. Great Southern Life (Americo) Medicare Supplement E-Application Agents can now submit applications... read more
by Anna Patrick | Dec 6, 2019 | Flash Report, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor... read more
by Anna Patrick | Nov 22, 2019 | Medicare Advantage, news
This week we are reading about a partnership between National Guardian Life and Insurance Capitol Group, the increase in Medicare Parts A & B premiums and deductibles and the emerging trends in Medicare Advantage enrollments. National Guardian Life Insurance and... read more
by Anna Patrick | Nov 15, 2019 | Medicare Supplement, news
Last month CSG Actuarial reported the 3rd quarter 2019 Medicare Supplement enrollment results for United Healthcare. We now have updates from other market leaders Anthem, CVS Health, Humana, and CNO Financial, summarized below. Anthem Medicare Supplement Enrollment... read more
by Anna Patrick | Nov 8, 2019 | Medicare Supplement
Aflac Earned Premium Increases in 3rd Quarter 2019 Aflac, the leader in the supplemental health insurance market, recently released its third quarter premium and sales results, reporting $1.445 billion in earned premium during 3rd Quarter 2019, an increase of $19... read more
