by Carrie Haubensak | Aug 13, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
For 2nd quarter 2024, CVS Health reported Medicare Supplement member in-force counts of 1,294,000, a decrease of 6,000 in the past quarter and 57,000 over the past 12 months. The 57,000 decrease in membership in the past 12 months is a 4.2% decrease relative to the...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare Supplement
The following information is additional data to enhance the Medicare Supplement rate increase information provided in recent weeks. CSG Actuarial has compiled all of the new business rate increases implemented on Medicare Supplement blocks of business since 2011. As...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare Supplement
The CSG Actuarial Premium Rate Scorecard™ provides an overall premium rate competitiveness ranking by company across all states, plans, ages, genders, households, and zip codes, based on actual Medicare Supplement quotes completed on CSG Actuarial’s Market Advisor...
by Carrie Haubensak | Aug 6, 2024 | Insurance Industry, Medicare, Medicare Advantage, Medicare Supplement
Humana reported 2nd quarter 2024 Medicare Supplement lives of 339,200, up 5.0% from the result at 1st quarter 2024 and 15.3% compared to 2nd quarter 2023. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana...
by Carrie Haubensak | Aug 1, 2024 | Insurance Industry, Medicare, Medicare Supplement
Through the first quarter of 2024, Medicare supplement rate increases proved to be noticeably higher than in prior years. Now, results through the second quarter are in. In general, Medicare claim trends have been elevated since 2023. Carriers have begun implementing...
by Carrie Haubensak | Aug 1, 2024 | Medicare, Medicare Advantage, Medicare Supplement
The U.S. healthcare system remains complex and inaccessible, leaving many seniors feeling uninformed, according to a new survey from digital health company DUOS. The new national consumer survey found 49% of respondents did not know the difference between Medicare and...
