Some Interesting Data from CSG Today

Ripped from the email they just sent out:

Based on data compiled information from the NAIC and other sources, CSG Actuarial is reporting total earned premiums in the Medicare Supplement market in 2023 totaled $36.8 billion, a 1.8% increase over 2022.

Report Highlights:

The total Medicare Supplement lives covered in 2023 decreased slightly to 14.1 million. CSG Actuarial believes this decrease was due to increased competitive pressures from Medicare Advantage plans."