by Jason Yoo | Mar 2, 2021 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key information from SelectQuote, Inc.’s publicly available financial information, focusing primarily on their Medicare segment results. Note: SelectQuote’s Fiscal Year ends on June 30. The 2nd Quarter 2021 reflects the three months ended...
by Jason Yoo | Feb 18, 2021 | Insurance Industry, Medicare Advantage, news
Full Year 2020 Highlights: December 31, 2020 managed care membership of 25.5 million, an increase of 10.3 million members, or 67%, over December 31, 2019. Total revenues of $28.3 billion for the fourth quarter of 2020, representing 50% growth compared to the fourth...
by Jason Yoo | Feb 17, 2021 | Medicare Advantage, Medicare Supplement, news
Overall Company Fully Year and Fourth Quarter 2020 Highlights: Full Year Total Revenues increased to $268.7 billion, up 4.6% compared to prior year Overall Medical membership as of December 31, 2020 of 23.4 million, an increase of 504,000 from the prior year The CVS...
by Jason Yoo | Feb 17, 2021 | Insurance Industry, Medicare Advantage, news
Molina Healthcare reported net income of $34 million for the fourth quarter, a decrease of $134 million from the prior-year’s fourth quarter. Molina ended the quarter with Total Membership of 4,032,000, an increase of 701,000 from Fourth quarter 2019. The...
by Jason Yoo | Feb 11, 2021 | Medicare, Medicare Advantage, news
CSG Actuarial compiled the following highlights from the various January 2021 enrollment files. Medicare Advantage Nationwide enrollment grew by 9.4% to 26.6 million compared to the prior year Standalone PDP enrollment shrank by 3.2% to 24.4 million compared to the...
by Jason Yoo | Feb 10, 2021 | Medicare Advantage, news
Anthem, Inc. announced that the company has entered into an agreement with InnovaCare Health, L.P., to acquire its Puerto Rico-based subsidiaries, including MMM Holdings, LLC (“MMM”) and its Medicare Advantage (MA) plan MMM Healthcare, LLC as well as affiliated...
