by Carrie Haubensak | Jun 1, 2023 | Insurance Industry, Medicare Supplement
CompanyDateAverage IncreaseComments AARP - UnitedHealthcare Insurance Company 6/1/20234.5%Massachusetts AARP - UnitedHealthcare Insurance Company6/1/202320.8%Minnesota AARP - UnitedHealthcare Insurance Company 6/1/2023(6.3%)Wisconsin AARP - UnitedHealthcare Insurance...
by Carrie Haubensak | Jun 1, 2023 | Insurance Industry, Medicare, Medicare Supplement
CSG Actuarial compiled information from the NAIC* and other sources and reported in April that total Medicare Supplement lives covered in 2022 decreased slightly to 14.3 million. 15 of the top 20 Medicare Supplement carriers reported a decrease in in-force Medicare...
by Carrie Haubensak | May 25, 2023 | Insurance Industry, Medicare, Medicare Supplement
Beginning in 2013, Plans G and N began to experience significant increases in market share. Around this time, carriers began pricing Plan G much more aggressively. Despite the only benefit difference being that Plan F covers the Part B deductible ($147 in 2013),...
by Carrie Haubensak | May 22, 2023 | Insurance Industry, Medicare, Medicare Supplement
CSG Actuarial has tracked all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. Here are the average new business Medicare Supplement rate increases by plan for 2018 – 2022. Plan20182019202020212022...
by Carrie Haubensak | May 22, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from SelectQuote, Inc.’s financial results for Calendar 1st Quarter 2023. SelectQuote Medicare Segment Calendar 1st Quarter 2023 Enrollment Highlights: Medicare...
by Carrie Haubensak | May 16, 2023 | Insurance Industry, Medicare Supplement
As reported by CSG Actuarial last month, CSG Actuarial has compiled information from the NAIC* and other sources and reported that total earned premiums in the Medicare Supplement market in 2022 totaled $36.1 billion, a 1.4% increase over 2021. The breakdown of earned...
