by Carrie Haubensak | Aug 2, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 2nd quarter 2023, CVS Health reported Medicare Supplement member in-force counts of 1,351,000, an increase of 37,000 over the past 12 months and 7,000 in the past quarter. The 37,000 increase in membership in the past 12 months is down almost 70% from the...
by Carrie Haubensak | Aug 1, 2023 | Insurance Industry, Medicare Supplement
CompanyDateIncrease Amount Comments AARP - UnitedHealthcare Insurance Company of America 6/1/20230.0%Tennessee Ace Property and Casualty Insurance Company 1/1/20244.4%Virginia Aetna Health and Life Insurance Company 8/1/2023 - 9/1/20235.7%Varies by state & plan...
by Carrie Haubensak | Jul 26, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Elevance Health (formerly Anthem, Inc.) released 2nd quarter 2023 financials on July 19th, reporting an increase of 1,000 Medicare Supplement lives in the 2nd quarter and a decrease of 16,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by Carrie Haubensak | Jul 21, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Medicare Supplement market leader United Healthcare (UHC) released 2nd quarter 2023 financials on July 14th, reporting a 10,000 increase in Medicare Supplement lives in the 2nd quarter. The UHC enrollment table below features Standardized and Modernized policy...
by Carrie Haubensak | Jun 29, 2023 | Insurance Industry, Medicare Supplement
CompanyDateIncrease AmountComments AARP - UnitedHealthcare Insurance Company 6/1/20232.8%Kentucky AARP - UnitedHealthcare Insurance Company of America 7/1/20236.5%Texas Ace Property and Casualty Insurance Company 8/1/2023 - 10/1/20234.5%Varies by state & plan...
by Carrie Haubensak | Jun 15, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
According to Telos Actuarial, between 2013 and 2022, the number of Medicare beneficiaries increased by over 12.5 million with an annualized growth rate of 2.4%. While the annualized growth rate over the next 10 years is expected to fall below 2.0%, the number of...
