by csgadmin | Feb 21, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 4th quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,282,000, a decrease of 9,000 in the past quarter and 61,000 over the past 12 months. The 61,000 decrease in membership in the past 12 months is a 4.5% decrease relative to the...
by csgadmin | Feb 21, 2025 | Insurance Industry, Medicare, news
UnitedHealth Group is offering a voluntary separation package to thousands of employees, anonymous workers are posting on social media and layoff forums. Employees said they left departmentwide meetings Feb. 17 where they were offered a severance plan. The workers...
by Anna Patrick | Feb 13, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 4th quarter 2024 Medicare Supplement lives of 377,300, up 5.6% from the result at 3rd quarter 2024 and 22.8% compared to 4th quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana...
by Anna Patrick | Feb 7, 2025 | Insurance Industry, Medicare
Moody’s Ratings is downgrading the insurance industry’s credit outlook to negative as elevated medical costs continue to batter payers. Moody’s analysts noted in a report that spending in the commercial market alone is set to increase by 8% this...
by Anna Patrick | Feb 3, 2025 | Insurance Industry, Medicare, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor...
by Carrie Haubensak | Jan 30, 2025 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Cigna reported 4th quarter 2024 Medicare Supplement lives of 499,000, up 2.9% from the result at 3rd quarter 2024 and 6.2% compared to 4th quarter 2023. The table below shows Cigna’s Medicare Supplement enrollment counts by quarter since 1st quarter 2022. Based on...