Elevance Health (formerly Anthem, Inc.) released 3rd quarter 2023 financials on October 18th, reporting an increase of 2,000 Medicare Supplement lives in the 3rd quarter and a decrease of 17,000 Medicare Supplement lives over the past 12 months. The Elevance Health enrollment table below features Medicare Supplement policy in-force counts of 928,000 as of 9/30/2023. The enrollment decrease of 17,000 in the past 12 months is a 1.8% decrease relative to the in-force lives at 9/30/2022. CSG Actuarial projects Anthem’s Medicare Supplement sales at 4th in the overall market in the past 12 months.
This Elevance Health enrollment table shows Medicare Advantage enrollment counts of 2,064,000 as of 9/30/2023, a 95,000 increase in the past 12 months. The 95,000 enrollment increase in the past 12 months is a 4.8% increase over the Medicare Advantage enrollment counts at 9/30/2022.
This combined Elevance Health enrollment table shows Medicare Supplement and Medicare Advantage enrollment counts of 2,992,000 as of 9/30/2023, a 78,000 increase in the past 12 months. The 78,000 enrollment increase in the past 12 months is a 2.7% increase over the combined enrollment counts at 9/30/2022. Elevance Health’s combined Medicare Supplement and Medicare Advantage enrollment of 2.992 million at 9/30/2023 is approximately 4.5% of the overall Medicare enrollment at that same point in time.
