Trending...
- Vantiva Wins CSI Award for "Best Sustainability Project or Initiative" for Eco-Friendly V7c Android TV Set Top Box
- Inframark Announces New Chief Financial Officer
- "Monotheism and Devils" is the theologically dedicated sequel of "Prince of Eurasia" of the Islamic cleric and executive producer Prince Oak Oakleyski
LOS ANGELES - eTravelWire -- The top-10 Medicare Supplement insurance companies comprise two-thirds of the market in terms of policyholders according to data released today by the American Association for Medicare Supplement Insurance (AAMSI).
United Health Group remains the largest dominant Medicare Supplement insurance company in terms of policyholders according to the data. Mutual of Omaha continues to maintain its rank as the number-two player.
"The top-10 Medicare Supplement (Medigap) insurers have just over 9 million policyholders," explains Jesse Slome, director of AAMSI, an advocacy organization. "United Health Group and Mutual of Omaha account for 41.5 percent of all U.S. Medigap policyholders and remain the two top insurance companies offering Medigap coverage."
The study by AAMSI and KLC Actuarial looked at individual and group policyholders for calendar year 2022.
The five leading Medicap insurers for the year included United Health Group, Mutual of Omaha Group, CVS Group (Aetna), Health Care Service Corporation (health plans in Illinois, Montana, New Mexico, Oklahoma and Texas) and Cigna Health Group.
More on eTravel Wire
"Medigap remains a viable yet challenging business for both large and small insurers," notes Ken Clark, president of Chicago-based KLC Actuarial. "While the industry continues to consolidate, size is no guarantee of profitability. Medigap insurers need to find a balance of viable yet strategically competitive rates"
"Medigap remains a highly popular form of coverage among seniors," Slome notes. "While Medicare Advantage has seen faster growth in terms of covered individuals over the past years, millions of seniors continue to find Medigap the preferable option for a variety of reasons."
Access the full Top Medicare Supplement insurance company report at https://medicaresupp.org/top-medigap-insurers-2024/.
The American Association for Medicare Supplement Insurance advocates for the importance of consumer awareness and supports insurance and financial professionals who market Medicare insurance solutions. The organization makes available the leading online directory enabling seniors to find local Medicare insurance agents in their Zip Code. To use the directory, go to: https://medicaresupp.org/find-local-agent/ .
United Health Group remains the largest dominant Medicare Supplement insurance company in terms of policyholders according to the data. Mutual of Omaha continues to maintain its rank as the number-two player.
"The top-10 Medicare Supplement (Medigap) insurers have just over 9 million policyholders," explains Jesse Slome, director of AAMSI, an advocacy organization. "United Health Group and Mutual of Omaha account for 41.5 percent of all U.S. Medigap policyholders and remain the two top insurance companies offering Medigap coverage."
The study by AAMSI and KLC Actuarial looked at individual and group policyholders for calendar year 2022.
The five leading Medicap insurers for the year included United Health Group, Mutual of Omaha Group, CVS Group (Aetna), Health Care Service Corporation (health plans in Illinois, Montana, New Mexico, Oklahoma and Texas) and Cigna Health Group.
More on eTravel Wire
- 'Milling Around: Exploring 26 Mills in the Missouri Ozarks' Available in Print or Ebook
- "There are many 'wonderful' things about Japan." YouTube program "Wa no Takumi" launched, introducing traditional Japanese performing arts
- Pine Networks to Showcase Innovative Open Broadband Solutions at Network X 2024
- Imperial Limousine Launches Exclusive NYC Holiday Lights Tour Packages
- Frank Metayer Appointed as Commissioner to the City of Chula Vista's Board of Appeals and Advisors
"Medigap remains a viable yet challenging business for both large and small insurers," notes Ken Clark, president of Chicago-based KLC Actuarial. "While the industry continues to consolidate, size is no guarantee of profitability. Medigap insurers need to find a balance of viable yet strategically competitive rates"
"Medigap remains a highly popular form of coverage among seniors," Slome notes. "While Medicare Advantage has seen faster growth in terms of covered individuals over the past years, millions of seniors continue to find Medigap the preferable option for a variety of reasons."
Access the full Top Medicare Supplement insurance company report at https://medicaresupp.org/top-medigap-insurers-2024/.
The American Association for Medicare Supplement Insurance advocates for the importance of consumer awareness and supports insurance and financial professionals who market Medicare insurance solutions. The organization makes available the leading online directory enabling seniors to find local Medicare insurance agents in their Zip Code. To use the directory, go to: https://medicaresupp.org/find-local-agent/ .
Source: AAMSI
0 Comments
Latest on eTravel Wire
- Discover the hidden treasures of Türkiye's western region
- AVTECH Announces New Room Alert Bundles for Heat Safety and Enhanced Indoor Air Quality Monitoring
- Introducing MyTennisTrip.com: Your Ultimate Tennis Travel Companion
- VerifyNow Launches Groundbreaking FICA Compliance Platform for South African Businesses
- Award-Winning Writer Thrills Mystery Lovers with The Button Collector on September 17
- Tobu Railway Group's Tobu Kogyo Division Has Renovated the Kotoku Cattle Farm in Nikko National Park and Reopened it as of July 1, 2024
- Mytee Products' Big Move: More Space Equals Exciting New Products
- Alice's Lullaby Set for an October 8, 2024, Launch
- Webinar Announcement: Creative Methods for Tracing Assets
- NEMTAC Announces New Board of Directors Officers for 2024-2025
- Dehy Mills Welcomes Two New Board Members to Support Future Growth
- ResmarkWeb Hosts Free Webinar for Tour Operators to Help Boost SEO with Social Media
- Kilimanjaro Sunrise Announces 2025 Group and Private Climb Prices
- Stars of Netflix's 'Skywalkers:A Love Story' Scale World's Tallest Bridge Inspired by $DOGS Community
- CCHR: "Family Estrangement" Used to Detain and Abuse Children in Psych Hospitals
- The Anything Group Joins the IHS Provider Network
- "Experience Luxury and Adventure at Sand Hollow Vacation Rentals"
- GoGo Roofing Introduces Expanded Services: Now Offering Roofing Solutions in New Georgia Communities
- Atlas Elite Entertainment Releases New Single "Forever"
- "Monotheism and Devils" is the theologically dedicated sequel of "Prince of Eurasia" of the Islamic cleric and executive producer Prince Oak Oakleyski