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Medicare Advantage Plans Could Absorb Hit From Proposed Rate Change Rather Than Cut Benefits, Experts Say

by Carrie Haubensak | Mar 23, 2023 | Medicare Advantage

The insurance industry has claimed that a potential cut to Medicare Advantage (MA) payments in 2024 could lead them to trim benefits or hike premiums for seniors next year. But some experts say the impact of the rate changes could have a negligible effect on...

Health Insurer Financial Performance in 2021

by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Medicare Advantage

The COVID pandemic has disrupted longstanding trends in health spending, utilization, and employment, and created challenges for insurers to accurately predict their costs and set premiums. In the early months of 2020, use of health services dropped sharply, as...

Staying Competitive in an Expanding Medicare Advantage Market

by Carrie Haubensak | Mar 17, 2023 | Insurance Industry, Medicare Advantage, news

By the end of 2023, more than half of the total Medicare population is expected to be enrolled in Medicare Advantage (MA), which has climbed from 25.2 million members in 2020 to 31.5 million members today. Patients already have a surfeit of MA options, with the...

Insurers Seeing Highest Margins in Medicare Advantage: KFF study

by Carrie Haubensak | Mar 2, 2023 | Medicare, Medicare Advantage, news

Payers’ margins in Medicare Advantage returned to pre-pandemic levels in 2021 but remain far ahead of other sectors of the market, according to a new analysis. Commercial markets, meanwhile, have lagged behind, the Kaiser Family Foundation report found....

eHealth, Inc. Reports Results for the 4th Quarter 2022

by Carrie Haubensak | Feb 28, 2023 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement, news

CSG Actuarial has compiled key enrollment information on Medicare Advantage and Medicare Supplement from eHealth Inc.’s 4th Quarter 2022 Financial results.   eHealth Medicare Segment 4th Quarter 2022 Enrollment Highlights:  Medicare Advantage new approved members...

CMS Data: Medicare Advantage Enrollment Now More Than 31M

by Carrie Haubensak | Feb 23, 2023 | Medicare Advantage

Enrollment in Medicare Advantage (MA) is nearing 31.2 million following the annual enrollment period, about half of the total Medicare population, according to recent data from the Biden administration. The Centers for Medicare & Medicaid Services...
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