Humana reported 1st quarter 2023 Medicare Supplement lives of 294,000, down 6.3% from the result at 4th quarter 2022 and a 7.7% decrease compared to 1st quarter 2022. The table below shows Humana’s Medicare Supplement enrollment counts by quarter since 1st quarter 2017. Humana also reported 1st quarter 2023 Medicare Supplement premiums of $179 million, 4.8% lower than the premiums for 4th quarter 2022. Based on estimates from CSG Actuarial, Humana’s sales ranked in the top 15 of the market in the past 12 months.
Humana reported 1st quarter 2023 Medicare Advantage lives of 5,664,200, a 10.4% increase over 4th quarter 2022 and a 11.1% increase over 1st quarter 2022. The table below shows Humana’s Medicare Advantage enrollment counts by quarter since 1st quarter 2017. Humana’s Medicare Advantage lives rank 2nd in the market as of 1st quarter 2023.
As indicated in the table below, Humana’s combined Medicare Supplement and Medicare Advantage lives as of 1st quarter 2023 were 5,958,200, a 9.4% increase compared to the total at 4th quarter 2022. Humana’s combined Medicare Supplement and Medicare Advantage lives ranked 2nd in the market as of 4th quarter 2022. Humana’s combined Medicare Supplement and Medicare Advantage enrollment of 5.958 million at 3/31/2023 is approximately 9% of the overall Medicare enrollment at that same point in time.
