by Jason Yoo | May 6, 2021 | Medicare Advantage, Medicare Supplement, news
Company First Quarter 2021 Highlights: Full Year Total Revenues increased to $69.1 billion, up 3.5% compared to prior year’s 1st Quarter Overall Medical membership as of March 31, 2021 of 23.6 million, an increase of 164,000 from the prior year Overall Medical Benefit...
by Jason Yoo | May 6, 2021 | Medicare Advantage, Medicare Supplement, news
1st Quarter 2021 Highlights from Company Earnings Release: Reports 1Q21 earnings per diluted common share of $6.39 on a GAAP basis, $7.67 on an Adjusted basis Updates FY 2021 EPS guidance to a range of $19.62 to $20.12 on a GAAP basis, reaffirms $21.25 to $21.75 on...
by Jason Yoo | May 5, 2021 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key information on the Medicare business from eHealth Inc.’s 1st Quarter 2021 Financial results. eHealth Medicare Segment 1st Quarter 2021 Highlights: Medicare segment revenues for the quarter grew 26% year-over-year to $121.0 million 2%...
by Jason Yoo | May 5, 2021 | Insurance Industry, Medicare Advantage, news
First Quarter 2021 Highlights: As of March 31, 2021, the Company served approximately 4.6 million members, an increase of 1.2 million members, or 35%, compared to March 31, 2020. Premium revenue was $6.3 billion for the first quarter of 2021, an increase of 47%...
by Jason Yoo | Apr 29, 2021 | Insurance Industry, Medicare Advantage, news
1st Quarter 2021 Highlights: Managed care membership of 25.1 million, an increase of 1.3 million members, or 5% year-over-year Total revenues of $30.0 billion, representing 15% growth year-over-year Health benefits ratio (HBR) of 86.8%, compared to 88.0% for the first...
by Jason Yoo | Apr 28, 2021 | Medicare Advantage, news
Molina Healthcare, Inc. (NYSE: MOH) and Cigna Corporation (NYSE: CI) today announced that they have entered into a definitive agreement pursuant to which Molina will acquire Cigna’s Texas Medicaid and Medicare-Medicaid Plan (MMP) contracts and certain operating...
