by csgadmin | Apr 24, 2025 | Insurance Industry, Medicare, Medicare Advantage, news
The federal government will give Medicare Advantage plan issuers a bigger raise than it had expected in 2026 because Medicare enrollees’ health care costs surged in the fourth quarter of 2024. The Medicare Advantage program expects average payments per enrollee...
by csgadmin | Apr 23, 2025 | Insurance Industry, Medicare, Medicare Supplement, NAIC Data
As reported by CSG Actuarial in April, the 2024 Medicare Supplement overall market loss ratio increased slightly to 84.3%, as carriers continued to attempt to catch premium rate levels up to the post-Covid claim utilization rates. So how did Covid impact Medicare...
by csgadmin | Apr 23, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 1st quarter 2025 financials on April 22nd, reporting a decrease of 15,000 Medicare Supplement lives in the 1st quarter and a decrease of 20,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by csgadmin | Apr 17, 2025 | CSG Actuarial News, Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 1st quarter 2025 financials on April 17th, reporting a 25,000 decrease in Medicare Supplement lives in 1st quarter. The UHC enrollment table below features Standardized and Modernized policy in-force...
by csgadmin | Apr 9, 2025 | Insurance Industry, Medicare, Medicare Supplement
Medicare Supplement regulatory changes will soon be effective in Virginia and Utah.Medicare Supplement Changes Coming for Virginia and Utah Virginia Effective July 1, 2025, insurers must offer Medicare Supplement policyholders an annual open enrollment period...
by csgadmin | Apr 3, 2025 | CSG Actuarial News, Insurance Industry, Medicare, Medicare Supplement
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2024 totaled $39.1 billion, a 6.4% increase over 2023. A few other notes of interest: The total Medicare Supplement...
