by Jason Yoo | Oct 30, 2020 | Medicare Advantage, Medicare Supplement, news
Q3 2020 Highlights: Operating Revenues was $30.6 Billion, 15.9% Growth over the prior year driven by higher premium revenue due to growth in Medicaid and Medicare Benefit expense ratio was 86.8% in the third quarter, a decrease of 40 basis points from 87.2% compared...
by Jason Yoo | Oct 30, 2020 | Insurance Industry, Medicare Advantage, news
Centene Corporation reported a profit of $568 million for the third quarter, nearly six times more than its net earnings in the prior-year’s third quarter. The increase was in large part due to the acquisition of WellCare which closed in January. In addition,...
by Jason Yoo | Oct 30, 2020 | Medicare Advantage, news
GoHealth commissioned 2,000 online interviews to explore the implications and burden Gen X and Millennials face when supporting their aging parents. As the Baby Boomer generation continues to age, more Millennials and Gen X’ers are taking an important role in their...
by Jason Yoo | Oct 23, 2020 | Medicare, Medicare Advantage, news
Humana compared calendar year 2019 prevention measures for approximately 2.1 million Medicare Advantage members seeking care from providers in a value-based arrangement to approximately 873,800 members who sought care from providers under standard Medicare Advantage...
by Jason Yoo | Oct 16, 2020 | Medicare Advantage, Medicare Supplement, news
Q3 2020 Highlights: Revenues of $65.1 Billion, 8% Growth over the prior year Earnings from operations of $4.7 Billion compared to $5.0 Billion last year. The decline reflects the Company’s extensive consumer and customer financial assistance measures undertaken by...
by Jason Yoo | Oct 16, 2020 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled a sampling of company press releases and news articles announcing 2021 plan year Medicare Advantage expansion and benefit updates. Click on the hyper-link to review the full article. UnitedHealthcare is planning a big expansion to its...
