Medicare Supplement market leader United Healthcare (UHC) released 3rd quarter 2023 financials on October 13th, reporting a 15,000 increase in Medicare Supplement lives in the 3rd quarter. The UHC enrollment table below features Standardized and Modernized policy in-force counts of 4,345,000 as of 9/30/2023, a 25,000 decrease in the past 12 months. The 25,000 decrease in in-force lives in the past 12 months represents a 0.6% decrease in lives compared to the in-force as of 9/30/2022.
This UHC enrollment table shows Medicare Advantage enrollment counts of 7,645,000 as of 9/30/2023, a 610,000 increase in the past 12 months. The 610,000 enrollment increase in the past year is an 8.7% increase over the Medicare Advantage enrollment counts as of 9/30/2022.
This combined UHC enrollment table shows Medicare Supplement and Medicare Advantage enrollment counts of 11,990,000 as of 9/30/2023, a 585,000 increase in the past year. The 585,000 enrollment increase in the past 12 months is a 5.1% increase over the combined enrollment counts as of 9/30/2022. UHC’s combined Medicare Supplement and Medicare Advantage enrollment of 11,990,000 at 9/30/2023 is approximately 18% of the overall Medicare enrollment at that same point in time.
