Susan Rupe is managing editor for InsuranceNewsNet. She formerly served as communications director for an insurance agents' association and was an award-winning newspaper reporter and editor. Contact her at [email protected].
Increases in total Medicare spending threaten the program’s sustainability while increases in Medicare enrollment contribute to those spending increases.
Health agent associations are speaking out against a new federal policy that they say is hindering agents from enrolling people in coverage on the federal health insurance marketplace.
On July 31, the Trump administration called on drug manufacturers to lower prescription drug prices in the U.S. to “most favored nation” – or MFN – pricing, the lowest cost paid for the same medications in other countries.
For the second consecutive year, employers found their health care costs were higher than projected, with increases in 2023 and 2024 and forecasted increase of 8% for 2025 and 9% for 2026.
The life insurance and annuity industry has been in a race to catch up with other industries in the adoption and use of digital tools and artificial intelligence.
Congress is on recess after passing the “big beautiful bill” in early July, but a few health and retirement related issues are expected to come before lawmakers when they get back to work in September.
Industry data on long-term care insurance hasn’t been updated since 2006, so three industry organizations are launching a study on the LTCi industry experience.
“The forecast is clear; Americans will face big brutal health care increases this summer on individual marketplace,” said Anthony Wright, executive director of Families USA, during a news conference.
The economic forecast is for continued growth in life/annuity and property/casualty insurance premium, two Conning analysts said during a recent webinar.
A mild slowdown in economic growth, a pullback in consumer spending and uncertainty over the impact of tariffs will impact the U.S. economy in the second half of 2025.
The sandwich generation – adults who are caring for older family members while raising children – are already stretching their funds to cover expenses across multiple generations.