As reported by CSG Actuarial in April, 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.
Within the overall 2023 Medicare Supplement loss ratio of 83.8%, the 2023 Medicare Supplement loss ratios by state are as follows:
*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.