by Carrie Haubensak | May 13, 2022 | 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 2021 totaled $35.6 billion, a 1.7% increase over 2020. A few other notes of interest: The total Medicare Supplement...
by Carrie Haubensak | May 4, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
For 1st quarter 2022, CVS Health reported Medicare Supplement member in-force counts of 1,292,000, up 7,000 from 4th quarter 2021 and 146,000 over the past 12 months. The 146,000 increase in membership in the past 12 months is down 37% from the membership growth in...
by Carrie Haubensak | May 4, 2022 | Medicare, news
Something strange happened between the time Linda Griffith signed up for a new Medicare prescription drug plan during last fall’s enrollment period and when she tried to fill her first prescription in January. She picked a Humana drug plan for its low prices,...
by Carrie Haubensak | Apr 21, 2022 | Medicare, Medicare Advantage, Medicare Supplement, news
Anthem, Inc. released 1st quarter 2022 financials on April 20th, losing 13,000 Medicare Supplement lives in the 1st quarter and adding 9,000 Medicare Supplement lives in the past 12 months. The Anthem enrollment table below features Medicare Supplement policy...
by Carrie Haubensak | Apr 14, 2022 | Medicare, Medicare Advantage, news
Enrollment in MA plans has continued to grow as startups see an opportunity to elbow into the market dominated by established payers like UnitedHealthcare. In 2021, about 46% of Medicare members were enrolled in an MA plan, and that number is only expected to grow....
by Carrie Haubensak | Apr 14, 2022 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news
Medicare Supplement market leader United Healthcare (UHC) released 1st quarter 2021 financials on April 14th, reporting a 40,000 decrease in Medicare Supplement lives in the 1st quarter. The UHC enrollment table below features Standardized and Modernized policy...
