For 4th quarter 2022, CVS Health reported Medicare Supplement member in-force counts of 1,363,000, up 18,000 from 3rd quarter 2022 and 78,000 over the past 12 months. The 78,000 increase in membership in 2022 is down more than 60% from the membership growth in 2021. The table below shows CVS Health/Aetna’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. CSG Actuarial projects CVS Health’s Medicare Supplement sales at 2nd in the overall market over the past 12 months.
CVS Health reported 4th quarter 2022 Medicare Advantage lives of 3,270,000, a 0.3% increase over 3rd quarter 2022 and a 10.1% increase over 4th quarter 2021. The table below shows CVS Health’s Medicare Advantage enrollment counts by quarter since 1st quarter 2017. CVS Health’s Medicare Advantage lives rank 3rd in the market as of 4th quarter 2022.
As indicated in the table below, CVS Health’s combined Medicare Supplement and Medicare Advantage lives as of 4th quarter 2022 were 4,633,000, an 8.9% increase over the total at 4th quarter 2021. CVS Health’s combined Medicare Supplement and Medicare Advantage lives ranked 3rd in the market as of 4th quarter 2022.
