UnitedHealth Group hosted an Investor Conference, providing an outlook into 2021. CSG Actuarial has compiled key information from the materials focusing on their market leading position in Medicare Advantage and Medicare supplement.
Consolidated UnitedHealth Group 2021 Targets:
- Revenue Range: $277.0 Billion to $280.0 Billion
- Earnings from Operations: $22.6 Billion to $23.4 Billion
- Medical Care Ratio: 5% to 83.5%
- Cash Flow from Operations: $20.0 Billion to $21.0 Billion
Membership Enrollment Roll-forward from 2019 through to United’s 2021 Outlook:
Comments by United on Membership Outlook:
- United anticipates a “slowing of the Medicare Supplement market” due to increased competitiveness in the Medicare Advantage market
- United believes Medicare Advantage could approach 50% of all Medicare enrollees by 2025