by Carrie Haubensak | May 4, 2023 | Insurance Industry, Medicare, Medicare Advantage, news
According to recently released data from the Centers for Medicare & Medicaid Services (CMS), Medicare Advantage now provides Medicare coverage for just over half of eligible beneficiaries. In January 2023, 30.19 million of the 59.82 million people with both...
by Carrie Haubensak | May 3, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 1st quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,344,000, an increase of 52,000 over the past 12 months, but a decrease of 19,000 in the past quarter. The 52,000 increase in membership in the past 12 months is down almost 65%...
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement, news
Humana reported 1st quarter 2023 Medicare Supplement lives of 294,000, down 6.3% from the result at 4th quarter 2022 and a 7.7% decrease compared to 1st quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter...
by Carrie Haubensak | Apr 28, 2023 | Insurance Industry, Medicare Advantage, Medicare Supplement
The Medicare program continues to offer sustainable, long-term growth and opportunities. Over the next ten years it is expected that 40.6 million individuals will turn age 65 and that the Medicare-eligible population will grow from 65.0 million beneficiaries to 78.7...
by Carrie Haubensak | Apr 19, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 1st quarter 2023 financials on April 19th, reporting decreases of 22,000 Medicare Supplement lives in the 1st quarter and 14,000 Medicare Supplement lives over the past 12 months. The Elevance Health enrollment table...
by Carrie Haubensak | Apr 18, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Medicare Supplement market leader United Healthcare (UHC) released 1st quarter 2023 financials on April 14th, reporting a 55,000 decrease in Medicare Supplement lives in the 1st quarter. The UHC enrollment table below features Standardized and Modernized policy...
