Friday, January 25, 2019

UHC Reports Medicare Supplement and Medicare Advantage Enrollment for 4th Quarter 2018

by Taylor McDonald | Jan 25, 2019 
Medicare Supplement market leader United Healthcare (UHC) released 4th quarter 2018 financials on January 15th, adding 5,000 Medicare Supplement lives in the 4th quarter, an 83% decrease from the lives added during 4th quarter 2017.  The first UHC enrollment table below reflects Standardized and Modernized policy in-force counts of 4,545,000 as of 12/31/2018, a 100,000 increase in the past 12 months.  The 100,000 lives growth in 2018 is a 2.2% increase over the in-force lives at year-end 2017.  The 5,000 lives added in 4th quarter 2018 is the lowest number of Medicare Supplement lives added in a single quarter over the past 12 years.
UHC Q4 2018 Table
This UHC enrollment table shows Medicare Advantage enrollment counts of 4,945,000 as of 12/31/2018, a 515,000 increase in the past 12 months.  The 515,000 enrollment increase in 2018 is an 11.6% increase over the Medicare Advantage enrollment counts at year-end 2017.
UHC Q4 2018 MA Table
This combined UHC enrollment table shows Medicare Supplement and Medicare Advantage enrollment counts of 9,490,000 as of 12/31/2018, a 615,000 increase in the past 12 months.  The 615,000 enrollment increase in 2018 is a 6.9% increase over the combined enrollment counts at year-end 2017.   UHC’s combined Medicare Supplement and Medicare Advantage enrollment of almost 9.5 million at year end 2018 is approximately 16% of the overall Medicare enrollment at that same point in time.
UHC Q4 2018 Lives in Force Table
https://www.csgactuarial.com/2019/01/uhc-reports-medicare-supplement-and-medicare-advantage-enrollment-for-4th-quarter-2018/?utm_term=Read%20More&utm_campaign=Industry%20Updates%3A%20UHC%20Reports%20Medicare%20Supplement%20and%20Medicare%20Advantage%20Enrollment%20for%204th%20Quarter%202018&utm_content=email&utm_source=Act-On+Software&utm_medium=email

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