CSG Actuarial compiled information from the NAIC* and other sources and reported in April that total Medicare Supplement lives covered in 2022 decreased slightly to 14.3 million. 15 of the top 20 Medicare Supplement carriers reported a decrease in in-force Medicare Supplement lives in 2022, as shown below.
While overall Medicare Supplement covered lives decreased in 2022, the market has experienced significant growth over the past two decades. Here are the historical Medicare Supplement in-force lives for the top 10 carriers for each year 2006 to 2022.
*Data Source: National Association of Insurance Commissioners, by permission. The NAIC does not endorse any analysis or conclusions based upon the use of its data.
*Data Source: National Association of Insurance Commissioners, by permission. The NAIC does not endorse any analysis or conclusions based upon the use of its data.