Carrier Updates
Bankers Fidelity recently launched Atlantic Capital Life Assurance Company, a new Medicare supplement charter available in AL, AR, AZ, CO, GA, IN, MS, NM, NC, and TX. Medicare Supplement plans A, F, G, High Deductible G, K, and N are available to write in these states.
As of May 1, Molina Healthcare expanded its Medicare Advantage network to include Prisma Health, a private nonprofit health company. Prisma Health is South Carolina's largest healthcare organization, offering Molina Medicare access to its physician-led and clinically integrated network, inVio Health Network, which currently serves over 1.5 million patients annually across 21 counties.
Arkansas Health & Wellness recently announced a new agreement reached with Sevier County Medical Center in DeQueen for 2024. The agreement now allows the medical center to be considered in-network for AR Wellcare. This addition is being uploaded to the Find-A-Provider tool.
Ameritas Classic and Classic/Plus dental networks have entered into another network-sharing arrangement with MetLife Insurance Company. This agreement will be effective starting July 1, 2024.
Georgia is experiencing severe mail delays in the Atlanta metro area, which are affecting Sonder Health Plans operations. The delay, which is expected to be resolved by the summer, is the result of the new Palmetto Distribution Center.
The American National Insurance Company recently introduced two new products aimed at providing extra security for policyholders. Signature Protection Indexed Universal Life (IUL) and Signature Protection IUL Plus offer clients increased accumulation potential, two No-Lapse Guarantee options, and a Guaranteed Cash-Out Rider.