The Senior Resource Group, an affiliate of AmeriLife Group, LLC, announced that it has entered into a partnership with Bobby Brock Insurance, a national health insurance agency and founding sponsor of MedicareCon, a highly regarded annual Medicare and health insurance conference for licensed and entrepreneurial health insurance agents. In a separate but related deal, SRG also welcomed Camas Prairie Insurance ..read more

Cigna reported 1st quarter 2024 Medicare Supplement lives of 466,000, down 0.9% from the result at 4th quarter 2023 and down 0.2% compared to 1st quarter 2023.  The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022.  Based on estimates from CSG Actuarial, Humana’s sales ranked in the top 7 ..read more

CSG Actuarial compiled information from the NAIC* and other sources and reported in April that total Medicare Supplement lives covered in 2023 decreased slightly to 14.1 million and seven of the top ten Medicare Supplement carriers reported a decrease in in-force Medicare Supplement lives in 2023, as shown below. While overall Medicare Supplement covered lives ..read more

For 1st quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,300,000, a decrease of 43,000 in the past quarter and 44,000 over the past 12 months.  The 44,000 decrease in membership in the past 12 months is a 3.3% decrease relative to the membership at 3/31/2023.  The table below shows CVS Health’s ..read more

Integrity Marketing Group, LLC (“Integrity”), a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, today announced it has partnered with Gruening Health and Wealth, an independent marketing organization based in Springfield, Illinois and led by Chase Gruening. Financial details of the partnership were not disclosed. As a former Division ..read more

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Elevance Health (formerly Anthem, Inc.) released 1st quarter 2024 financials on April 18th, reporting a decrease of 27,000 Medicare Supplement lives in the 1st quarter and a decrease of 29,000 Medicare Supplement lives over the past 12 months.  The Elevance Health enrollment table below features Medicare Supplement policy in-force counts of 896,000 as of 3/31/2024.  ..read more

As reported earlier this month, CSG Actuarial has compiled information from the NAIC* and other sources and reported that total earned premiums in the Medicare Supplement market in 2023 totaled $36.8 billion, a 1.8% increase over 2022. The breakdown of earned premiums for key Medicare Supplement plans F, G, and N for the past 10 ..read more

ICON, a joint venture between AIMCOR Group, LLC and AmeriLife Group, LLC, announced that it has entered into a partnership with KME Insurance Brokerage, a leading, national brokerage firm that specializes in corporate and individual disability and life insurance. “I’m excited to partner with Steve Heney and his team and look forward to a bright future for KME ..read more

Medicare Supplement rate increases continue to be one of the hottest topics in the market.  Charts and tables below are updated with 2024 Q1 activity. Note that data pertains to open blocks of business and excludes instances where companies are implementing large rate decreases as they re-enter the market using old paper. Medicare claim trends continue to ..read more