by Carrie Haubensak | Apr 23, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Elevance Health (formerly Anthem, Inc.) released 1st quarter 2024 financials on April 18th, reporting a decrease of 27,000 Medicare Supplement lives in the 1st quarter and a decrease of 29,000 Medicare Supplement lives over the past 12 months. The Elevance Health...
by Carrie Haubensak | Apr 16, 2024 | Insurance Industry, Medicare, Medicare Supplement
Medicare Supplement rate increases continue to be one of the hottest topics in the market. Charts and tables below are updated with 2024 Q1 activity. Note that data pertains to open blocks of business and excludes instances where companies are implementing large rate...
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 16, 2024 | Insurance Industry, Medicare, news
Integrity Marketing Group, LLC, a leading distributor of life and health insurance, and provider of wealth management and retirement planning solutions, announced it has partnered with Strachan Health Insurance Partners, an independent marketing organization based in...
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...
