by Jason Yoo | Nov 13, 2020 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key information from SelectQuote, Inc. publicly available financial information, focusing primarily on their Medicare segment results for the quarter ended September 30, 2020. SelectQuote Q3 2020 Highlights: Senior Division Revenue for the...
by Jason Yoo | Nov 6, 2020 | Insurance Industry, Medicare Advantage, news
Molina Healthcare reported net income of $185 million for the third quarter, an increase of $10 million from the prior-year’s third quarter. Molina ended the quarter with Total Membership of 4,033,000, an increase of 687,000 from third quarter 2019. The increase...
by Jason Yoo | Nov 6, 2020 | Medicare Advantage, Medicare Supplement, news
Q3 2020 Highlights from Company Earnings Release: Total Revenues for the third quarter of $20.1 billion, an increase of 24% from the prior-year quarter 92%, or 4.1 million members are currently enrolled in 4-Star and above contracts Medicare Enrollment Comments:...
by Jason Yoo | Oct 30, 2020 | Medicare Advantage, Medicare Supplement, news
CSG Actuarial has compiled key information on the Medicare business from eHealth Inc.’s Q3 Financial results. eHealth Medicare Segment Q3 2020 Highlights: Medicare segment revenues for the quarter grew 23% year-over-year to $70.4 million 36% of Medicare major medical...
by Jason Yoo | Oct 30, 2020 | Medicare Advantage, Medicare Supplement, news
Q3 2020 Highlights: Operating Revenues was $30.6 Billion, 15.9% Growth over the prior year driven by higher premium revenue due to growth in Medicaid and Medicare Benefit expense ratio was 86.8% in the third quarter, a decrease of 40 basis points from 87.2% compared...
by Jason Yoo | Oct 30, 2020 | Insurance Industry, Medicare Advantage, news
Centene Corporation reported a profit of $568 million for the third quarter, nearly six times more than its net earnings in the prior-year’s third quarter. The increase was in large part due to the acquisition of WellCare which closed in January. In addition,...
