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Mark Farrah Associates Analyzed the 2024 Medicare Supplement Market
Mark Farrah Associates Analyzed the 2024 Medicare Supplement Market

Yahoo

time28-05-2025

  • Business
  • Yahoo

Mark Farrah Associates Analyzed the 2024 Medicare Supplement Market

CANONSBURG, Pa., May 28, 2025--(BUSINESS WIRE)--In the latest Healthcare Business Strategy report, Mark Farrah Associates (MFA), provided an overview of the 2024 Medicare Supplement market with insights about competitive positioning and standardized plan type preferences. Medicare Supplement plans, also known as Medigap or Med Supp plans, covered over 13.54 million seniors as of December 31, 2024, representing a year-over-year enrollment decline of 0.3%. Many leading managed care organizations, Blues plans, regional plans, and multiline carriers compete in the Medicare Supplement space. Highlights Include: MFA's assessment of standardized plan type preferences for 2024 found Plan G remained the most popular plan type, enrolling approximately 5.7 million members. Approximately 4.5 million Med Supp members were enrolled in Plan F and accounted for 30% of the market in 2024. Medicare Supplement plans collectively earned approximately $37 billion in premiums and paid out $31.3 billion in claims during 2024. The aggregate loss ratio (incurred claims as a percentage of earned premiums) was 84.4% as of December 2024. UnitedHealth continued to lead in this segment with 4.3 million members and covered 32% of the market as of December 31, 2024. To read the FREE full text of "Medicare Supplement Enrollment Down Slightly in 2024", visit the MFA Briefs on Mark Farrah Associates' website. You can also follow us on LinkedIn. About Med Supp Market Data Med Supp Market Data, a Health Coverage Portal option offered by Mark Farrah Associates, presents the latest market share and financial performance data for Medicare Supplement plans. The product includes state-by-state membership, premiums, claims and loss ratios for plans nationwide. Online tables also include claims contacts as reported in the financial statements as filed with the National Association of Insurance Commissioners (NAIC). California managed care plans do not file financial statements with the NAIC and are not included in this analysis. For more information about Med Supp Market Data, please visit our website ( or call 724.338.4100. About Mark Farrah Associates (MFA) MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include: Health Coverage Portal™, Medicare Business Online™, Medicare Benefits Analyzer™, County Health Coverage™, Health Plans USA™ and 5500 Employer Health Plus. View source version on Contacts Mark Farrah AssociatesAnn Marie Wolfe, amwolfe@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Generative Search Visibility Gives Businesses an Edge in AI Search
Generative Search Visibility Gives Businesses an Edge in AI Search

Yahoo

time26-05-2025

  • Business
  • Yahoo

Generative Search Visibility Gives Businesses an Edge in AI Search

Built by Frank Masotti, Generative Search Visibility is a groundbreaking done-for-you service that helps businesses get discovered in AI Overviews and AI responses. Tucson AZ , May 26, 2025 (GLOBE NEWSWIRE) -- As large language models (LLMs) quickly become the main source for consumer recommendations and decision-making, businesses struggle to stay visible. With natural-language AI queries replacing traditional search engines, inclusion in AI Overviews and AI responses is the new front line for brand discoverability, where being part of the answer matters more than ranking on a results page. To address this dramatic shift, digital strategist Frank Masotti has launched Generative Search Visibility (GSV), a done-for-you system designed to help companies appear in AI search results. At the heart of GSV are the Generative Search Visibility Deliverables—a suite of digital assets built specifically to surface in AI Overviews and AI responses, offering businesses a powerful new way to stay relevant and competitive in an AI-driven world. Generative Search Visibility 'Traditional SEO just doesn't cut it anymore,' said Masotti. 'With AI-generated answers taking over, it's way more important to show up in AI responses than on a search results page. That's exactly why we built this system—to help businesses stay visible in this new landscape.' Each client that signs up receives a full range of digital assets, including a clean, search-ready domain registered under Masotti's name, a custom-built website hosted on a private platform, and branded accounts on major social media channels such as Facebook, X, and YouTube. Clients are also granted access to a professional AI video creation account—just like the one Masotti's team uses—enabling fast, professional video content creation with minimal effort. All assets are purpose-built to surface across the most popular LLMs, where most competitors remain completely invisible. The structure of the program emphasizes transparency and ownership. If a client decides to discontinue the service, all assets, including the domain, website (excluding proprietary plugins), social media credentials, and video creation accounts, are transferred to the client without restriction or ongoing obligation. The Generative Search Visibility Deliverables system is priced at $5,000 for setup and $5,000 per month for execution. However, in a limited-time early bird offer, the next five businesses to sign up will receive $2,000 off both setup and monthly fees for life. That means they will pay just $3,000 for setup and $3,000 per month—permanently. To learn more about Generative Search Visibility and how it helps businesses get discovered in LLMs, visit About Generative Search Visibility Generative Search Visibility (GSV) is a breakthrough visibility system created by digital strategist Frank Masotti to help businesses get recognized by popular LLMs. Instead of focusing on traditional search rankings, GSV creates and manages digital assets optimized for inclusion in AI Overviews and AI responses. The system offers a fully managed, transferable solution that ensures businesses can compete where it matters most—within the answers generated by AI. ### Media Contact Generative Search Visibility Address: 12621 N Tatum Blvd #2057, Phoenix, AZ 85032 Phone: (520) 820-6555 Website: Disclaimer This press release contains forward-looking statements that involve risks and uncertainties. Actual results, events and performance could vary materially from those contemplated by these forward-looking statements. Any statements in this press release about expectations, beliefs, plans, projections, forecasts, objectives, assumptions or future events or performance are not historical facts and are forward-looking statements. These statements are often, but not always, made through the use of words or phrases such as "may," "will," "anticipate," "estimate," "plan," "project," "continuing," "ongoing," "expect," "believe," "intend," "predict," "potential," "opportunity" and similar words or phrases or the negatives of these words or phrases. You should read statements that contain these words carefully. The forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Various factors could cause actual events, results or performance to differ materially from those predicted in the forward-looking statements, including changes in general economic, business and political conditions, changes in the competitive landscape, regulatory initiatives and compliance with governmental regulations, and other factors not currently known or foreseeable. We undertake no obligation to update or revise any forward-looking statements included in this press release if our expectations or situations change, except as may be required by applicable laws. Please consult our Generative Search Visibility for additional information and disclosures regarding the matters covered in this press release.

Professional Bookkeeping Services by IBN Technologies Reduce Business Errors for California Companies
Professional Bookkeeping Services by IBN Technologies Reduce Business Errors for California Companies

Globe and Mail

time19-05-2025

  • Business
  • Globe and Mail

Professional Bookkeeping Services by IBN Technologies Reduce Business Errors for California Companies

Finance leaders across sectors are advocating for the adoption of Professional Bookkeeping Services as a critical component of business strategy. The endorsement reflects a broader focus on long-term accuracy, real-time tracking, and more accountable reporting practices in growth-oriented environments. Miami, Florida - 19 May, 2025 - Businesses measure every step, and with the resulting precision, financial operations are becoming more streamlined across California. To match the pace of this focus, many organizations are choosing professional bookkeeping services as a proactive move. It enables smarter financial oversight while keeping internal teams focused on core growth strategies. Across sectors, leaders are viewing bookkeeping as an essential part of strong business direction—offering dependable clarity in times of expansion. As momentum builds, forward-focused companies are choosing to hire bookkeepers and accountants through highly regarded providers. IBN Technologies supports this need with structured processes and accurate reporting designed for California's unique business environment. With sharper financial oversight in place, organizations are freeing up bandwidth to accelerate projects, launch new initiatives, and confidently scale with insight. Save time and reduce errors with bookkeeping experts! Get Free Expert Consultation First: Financial Focus Reshapes California Firms California businesses evaluate every decision with sharper intent, especially as operations become more layered and time sensitive. From emerging startups to established players, leaders are realizing that internal teams often lack the capacity to manage financial details at the level growth demands. Missed entries stemming from uneven record-keeping Few dedicated hours to ensure clean, updated books Compliance complexity across sectors and regions Reporting held back by disconnected software tools Harder to interpret financial trends for planning Companies of all sizes are reaching a natural pivot point. Balancing financial accuracy with expansion efforts has sparked interest in smarter systems built to keep operations clear, steady, and audit ready. For organizations looking to restructure how they handle financial records, IBN Technologies brings expert-driven bookkeeping systems built for California's active business landscape. With accuracy, structure, and real-time understanding, businesses gain the support they need to lead with confidence. Precision-Driven Bookkeeping for California Custom financial strategies remain key for California enterprises managing rapid change. Focused on aligning with each company's operational rhythm, IBN Technologies delivers structured systems designed to support dependable financial flow and consistency. • Seamless transaction entry creates consistent, well-organized records • Meticulous data capture prevents avoidable discrepancies • Timely invoice oversight promotes uninterrupted revenue cycles • Automated payroll tracking guarantees smooth staff payments • Monitored credit activity provides clear reconciliation trails • Routine financial summaries support strong fiscal direction • Proactive receivables oversight sharpens working capital visibility • Detailed account checks validate all ledger reporting Each implementation is crafted around the client's financial framework, growth speed, and reporting goals. With a flexible setup and dependable execution, businesses experience clarity and measurable value through each operational phase. 'Reliable financial systems are the foundation for innovation and decision-making. When bookkeeping services reflect your pace and ambition, business leaders gain the confidence to move faster,' said Ajay Mehta, CEO at IBN Technologies. Trusted Expertise Drives Success The move toward outsourced professional bookkeeping services continues to show strong benefits for U.S. businesses seeking smarter financial management. Leading providers consistently deliver value marked by precision, speed, and dependable assistance. Over 1,500 organizations benefit from bookkeeping services backed by adaptable, well-structured systems. Clients report operational cost reductions reaching 50%, thanks to optimized financial processes. A retention rate of 95% across diverse sectors reflects deep client trust and satisfaction. Service accuracy remains exceptional, with deliverables meeting a 99.99% precision benchmark. This pattern confirms outsourcing as a strategic choice to enhance financial insight, ensure smooth operations, and foster long-term success. IBN Technologies exemplifies these standout outcomes. Bookkeeping Fuels Business Expansion Accurate financial reporting is becoming a cornerstone for growth-focused California businesses. Utilizing professional bookkeeping services, especially the reliable double-entry system, companies secure balanced records essential for effective planning and scaling operations. Many smaller enterprises face challenges such as missed entries or expense misallocations that can lead to misleading financial statements. Expert bookkeeping with thorough oversight prevents such pitfalls, making outsourced bookkeeping solutions a smart and practical option. Partnering with offshore teams, particularly from India, offers cost-efficient access to skilled bookkeeping talent without compromising accuracy. While the cost of bookkeeping services remains an important consideration, many organizations recognize that outsourced bookkeeping solutions deliver significant savings compared to in-house management. This approach liberates capital and attention, allowing businesses to prioritize innovation and expansion while maintaining impeccable financial data. Related Service: Outsourced Payroll Services: About IBN Technologies IBN Technologies LLC, an outsourcing specialist with 25 years of experience, serves clients across the United States, United Kingdom, Middle East, and India. Renowned for its expertise in RPA, Intelligent process automation includes AP Automation services like P2P, Q2C, and Record-to-Report. IBN Technologies provides solutions compliant with ISO 9001:2015, 27001:2022, CMMI-5, and GDPR standards. The company has established itself as a leading provider of IT, KPO, and BPO outsourcing services in finance and accounting, including CPAs, hedge funds, alternative investments, banking, travel, human resources, and retail industries. It offers customized solutions that drive AR efficiency and growth. Media Contact Company Name: IBN Technologies LLC Contact Person: Pradip Email: Send Email Phone: +1 844-644-8440 Address: 66, West Flagler Street Suite 900 City: Miami State: Florida 33130 Country: United States Website:

Mark Farrah Associates Analyzed the 2023 Medical Loss Ratio and Rebates Results
Mark Farrah Associates Analyzed the 2023 Medical Loss Ratio and Rebates Results

Yahoo

time06-03-2025

  • Business
  • Yahoo

Mark Farrah Associates Analyzed the 2023 Medical Loss Ratio and Rebates Results

MCMURRAY, Pa., March 06, 2025--(BUSINESS WIRE)--In the latest Healthcare Business Strategy report, Mark Farrah Associates, summarized key findings from the 2023 MLR report released by the Department of Health and Human Services (HHS). The Affordable Care Act's (ACA) MLR provision requires health insurers who fail to spend specified percentages of their health care premium income to pay rebates to their customers. The goal of this provision is to curb growth in health care premiums while ensuring that plans are adequately covering healthcare expenses. This brief focused on health plan performance as it relates to the 2023 Medical Loss Ratio, and the related rebates subsequently due to consumers. Key highlights include: In 2023, rebates to consumers have dropped slightly to $957 million, benefiting 5.8 million customers, equating to approximately $156 per beneficiary. For 2023, Pennsylvania, led the country again with over $126 million in MLR rebates, down 43% from 2022. 2023 MLR rebates paid for the Individual segment were $463 million, which is .38% of the $123 billion collected in premiums. MLR Rebates for the Small Group segment in 2023 were $299 million, or 0.41% of the $74 billion segment premiums. 2023 MLR rebates for the $262 billion Large Group segment were $195 million. Subscribers to Mark Farrah Associates' Health Coverage Portal and the SHCE and MLR Data have access to this dataset with the benefit of NAIC company codes mapped to HIOS codes used for government reporting by health plans. To read the full text of "A Brief Summary of the 2023 Health Insurance Medical Loss Ratio and Rebates Results", visit the MFA Briefs on Mark Farrah Associates' website. About Mark Farrah Associates (MFA) MFA is a leading data aggregator and publisher providing health plan market data and analysis tools for the healthcare industry. Committed to simplifying analysis of health insurance business, our products include: Health Coverage Portal™, Medicare Business Online™, Medicare Benefits Analyzer™, County Health Coverage™, Health Plans USA™ and 5500 Employer Health Plus. Follow us on LinkedIn! View source version on Contacts Mark Farrah AssociatesAnn Marie Wolfe, amwolfe@ Sign in to access your portfolio

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