by Carrie Haubensak | Jul 26, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Elevance Health (formerly Anthem, Inc.) released 2nd quarter 2023 financials on July 19th, reporting an increase of 1,000 Medicare Supplement lives in the 2nd quarter and a decrease of 16,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by Carrie Haubensak | Jul 21, 2023 | Insurance Industry, Medicare Advantage, news
Major payers are being downgraded by investment banks and research firms in advance of their earnings season, with analysts citing pricing and regulatory uncertainty in Medicare Advantage in addition to cost pressures in the commercial market. On Wednesday, Wolfe...
by Carrie Haubensak | Jul 21, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 2nd quarter 2023 financials on July 14th, reporting a 10,000 increase in Medicare Supplement lives in the 2nd quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Jul 6, 2023 | Medicare Advantage, news
The quality bonus program (QBP) that rewards Medicare Advantage (MA) plans fails to achieve its two main goals: fairly rewarding MA insurers that actually improve quality and encouraging beneficiaries to use the rating system when shopping for healthcare coverage,...
by Carrie Haubensak | Jun 30, 2023 | Insurance Industry, Medicare Advantage
More seniors are picking MA plans, where the federal government pays private insurers to manage beneficiaries’ care. As of January 2023, MA covered half of eligible Medicare beneficiaries. Watchdogs have aired concerns as MA spending has ballooned over the past...
by Carrie Haubensak | Jun 15, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
According to Telos Actuarial, between 2013 and 2022, the number of Medicare beneficiaries increased by over 12.5 million with an annualized growth rate of 2.4%. While the annualized growth rate over the next 10 years is expected to fall below 2.0%, the number of...
