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.

loss ratios

Within the overall 2023 Medicare Supplement loss ratio of 83.8%, the 2023 Medicare Supplement loss ratios by plan are as follows:

loss ratios 2

*Data Source: National Association of Insurance Commissioners, by permission. The NAIC does not endorse any analysis or conclusions based upon the use of its data.