by Carrie Haubensak | May 20, 2022 | Insurance Industry, Medicare, news
Investment losses, an increase in COVID-19 expenses and rising costs overall drove Kaiser Permanente to a net loss of $961 million in the first quarter, down from a net income of $2 billion at the same time last year. Growth in the Oakland, California-based integrated...
by Carrie Haubensak | May 13, 2022 | Medicare, Medicare Advantage, Medicare Supplement, news
Updated measures for 2023 will advance equity and increase access to affordable care Today, the Centers for Medicare & Medicaid Services (CMS) issued a final rule for the Medicare Advantage (MA) and Part D prescription drug programs that will improve experiences...
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...