by Carrie Haubensak | Apr 16, 2024 | Insurance Industry, Medicare, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 1st quarter 2024 financials on April 16th, reporting a 30,000 decrease in Medicare Supplement lives in the 1st quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Apr 16, 2024 | Insurance Industry, Medicare, Medicare Supplement
As reported by CSG Actuarial last week, the 2023 Medicare Supplement overall market loss ratio spiked to 83.8%, as premium levels struggled to keep up with increases in post-Covid claim utilization rates. Within the overall 2023 Medicare Supplement loss ratio of...
by Carrie Haubensak | Apr 11, 2024 | Insurance Industry, Medicare Supplement
CompanyDateRate Increase AmountComments AARP - UnitedHealthcare Insurance Company 6/1/2024 - 7/1/202415.1%Varies by state & plan AARP - UnitedHealthcare Insurance Company of America 6/1/2024 - 8/1/20249.7%Varies by state & plan Aetna Health and Life Insurance...
by Carrie Haubensak | Apr 10, 2024 | Insurance Industry, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor...
by Carrie Haubensak | Apr 10, 2024 | Insurance Industry, Medicare, Medicare Supplement, news
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2023 totaled $36.8 billion, a 1.8% increase over 2022. Two notes of interest: The states with the most Medicare...
by Carrie Haubensak | Apr 8, 2024 | Insurance Industry, Medicare, Medicare Supplement
CSG Actuarial has compiled information from the NAIC* and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2023 totaled $36.8 billion, a 1.8% increase over 2022. In the past five years, the total earned premiums in the...
