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American National was founded in 1905 by Galveston businessman William Lewis Moody Jr. Today the company offers a wide array of insurance products and services including life insurance, annuities , health insurance, property and casualty insurance, credit insurance , and pension plan services.
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Most seniors don't pay a premium for Part A, but they do for Part B. The standard Part B monthly premium rose from $174.70 in 2024 to $185.00 in 2025. 5 2025 Medicare Changes Every Retiree Should Know
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One Moody Plaza is also known as the American National Insurance Company Building, named for a company founded by William Lewis Moody in 1905. The insurance company employed 70 people in its Galveston office by in 1912, a number that increased to 500 by 1928, when it had already acquired 27 other insurance companies.
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The rate of increase in both health insurance premiums and out-of-pocket costs have declined in the employer-based market. For example, premiums increased at an annual rate of 5.6% from 2000-2010, but 3.1% from 2010-2016. An estimated 155 million persons under the age 65 were covered under health insurance plans provided by their employers in 2016.