by Carrie Haubensak | Aug 17, 2023 | Insurance Industry, Medicare Advantage
Star ratings bonuses jumped 30% from 2022 to 2023 to reach $12.8 billion, according to the KFF, as the Medicare program faces a growing spending crisis. Federal spending on Medicare Advantage bonus payments has risen every year since 2015, and will reach at least...
by Carrie Haubensak | Aug 17, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 2nd Quarter 2023 Financial results. eHealth Medicare Segment 2nd Quarter 2023 Enrollment Highlights: Medicare Advantage new approved members...
by Carrie Haubensak | Aug 10, 2023 | Insurance Industry, Medicare, Medicare Advantage
Summary: Healthcare merger and acquisition activity hit a three-year low in the second quarter of this year, according to a report by accounting firm and consultancy KPMG. The analysis tallied 245 deals in the second quarter of 2023, a decrease of 7% compared to the...
by Carrie Haubensak | Aug 2, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 2nd quarter 2023 Medicare Supplement lives of 294,300, up slightly from the result at 1st quarter 2023 and down 7.3% compared to 2nd quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. ...
by Carrie Haubensak | Aug 2, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 2nd quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,351,000, an increase of 37,000 over the past 12 months and 7,000 in the past quarter. The 37,000 increase in membership in the past 12 months is down almost 70% from the...
by Carrie Haubensak | Jul 27, 2023 | Medicare Advantage, news
Most Medicare Advantage (MA) enrollees use one or more supplemental benefits, with most health plan members using multiple benefits, according to a newly released report from the Elevance Health Public Policy Institute. The report finds that 83% of dual-eligible and...
