Elevance Health (formerly Anthem, Inc.) released 4th quarter 2022 financials on January 25th, reporting an increase of 2,000 Medicare Supplement lives in the 4th quarter and a decrease of 5,000 Medicare Supplement lives over the past 12 months. The Elevance Health enrollment table below features Medicare Supplement policy in-force counts of 947,000 as of 12/31/2022. The enrollment decrease of 5,000 in the past 12 months is a 0.5% decrease relative to the in-force lives at year-end 2021. CSG Actuarial projects Anthem’s Medicare Supplement sales at 4th in the overall market in 2022.
This Elevance Health enrollment table shows Medicare Advantage enrollment counts of 1,977,000 as of 12/31/2022, a 118,000 increase in the past 12 months. The 118,000 enrollment increase in the past 12 months is a 6.3% increase over the Medicare Advantage enrollment counts at 12/31/2021.
This combined Elevance Health enrollment table shows Medicare Supplement and Medicare Advantage enrollment counts of 2,924,000 as of 12/31/2022, a 113,000 increase in the past 12 months. The 113,000 enrollment increase in the past 12 months is a 4.0% increase over the combined enrollment counts at 12/31/3021. Elevance Health’s combined Medicare Supplement and Medicare Advantage enrollment of 2.9 million at 12/31/2022 is approximately 4.5% of the overall Medicare enrollment at that same point in time.