Last week CSG Actuarial reported the 1st quarter 2017 Medicare Supplement enrollment results for UnitedHealthcare. We now have updates from other market leaders, Torchmark and CNO Financial, summarized below.
Torchmark Reports Medicare Supplement Sales in 1st Quarter 2017
Torchmark reported 1st quarter 2017 Medicare Supplement annualized new sales of $12.8 million, down 5% from 1st quarter 2016. Torchmark’s annualized new business sales over the past 12 months totaled $60.4 million, ranking in the top 10 in the overall Medicare Supplement market.
CNO Financial Group Reports Stronger Medicare Supplement Sales in 1st Quarter 2017
CNO Financial Group (parent company of Bankers Life & Casualty, Washington National, and Colonial Penn) reported 1st quarter 2017 Medicare Supplement sales of $17.7 million, up 8% from 1st quarter 2016. For the past 12 months, CNO Financial Group reported Medicare Supplement sales of $74.2, ranking in the top 10 in the Medicare Supplement market. CNO Financial Group also reported 1st quarter 2017 Medicare Supplement earned premiums of $210 million, up $2 million from 4th quarter 2016 and up $1 million from 1st quarter 2016. CNO Financial Group’s Medicare Supplement earned premiums over the past 12 months totaled $837 million, ranking 6th in the Medicare Supplement market.
