CSG Actuarial has compiled information from the NAIC and other sources and is reporting that total earned premiums in the Medicare Supplement market in 2019 totaled $34.0 billion, a 4.8% increase over 2018.

A few other notes of interest:

The total Medicare Supplement lives covered in 2019 increased to 14.5 million, up 3.1% from 2018.

The top 12 carriers in terms of 2019 Medicare Supplement premiums were:

1United Healthcare
2Mutual of Omaha
5CVS Health
7CNO Financial
9BCBS of Massachusetts
11BCBS of Minnesota
12BCBS of Florida

The 2019 overall Medicare Supplement market loss ratio of 80.4% reflects a continued trend in the market of the overall loss ratios increasing back to the “Pre-Modernized” loss ratio levels around 80%.


Med Supp Loss Ratio


Look for more information in a few weeks when CSG Actuarial releases its 10th Annual Future of Medicare Supplement Market Projection.