Medicare Market Insights

Wellcare is exiting MAPD in 6 states Jan 1. Here is a deep dive on the opportunity. https://lnkd.in/gZKz-UCZ

GoHealth + e-TeleQuote = 🤝 GoHealth just announced they are acquiring e-TeleQuote. Here is an analysis of their recent results combined. https://lnkd.in/eF93tYHn

The Wild Medicare Market 🤠- What it Means for AEP 2025 A look at all the moving pieces in the Medicare industry and what it means for AEP 2025. https://lnkd.in/gEHAtcEa

$373 Billion. This is the total combined Revenues for public traded carriers focused on Medicare during Q2 2024. Ever wonder how their financial results compare to each other? This week's Medicare Market Insights deep dive looks at: -UnitedHealth Group -Elevance -Centene -Humana -CVS -Cigna -Molina Revenues, Expenses, Loss Ratios, Operating Profits, Membership. Side-By-Side. Click here - > https://lnkd.in/gMNCDwrM ___ P.S. - Don't for get to subscribe!

Q2 2024 Medicare Carrier Financials Side-By-Side 💵 UnitedHealth, CVS, Humana, Elevance, Cigna, Centene, Molina Q2 2024 results Side-by-Side https://lnkd.in/gSvhmN4t

MA/MAPD August enrollment results... -MA/MAPD enrollments up another 88,050 (July '24 - Aug '24) -down compared to 119,077 last year (July '23 - Aug '23) -YTD MA/MAPD enrollments up 1,589,116 (4.94%) YTD (Dec. '23 - Aug '24) -down compared to last year 1,947,791 (6.51%) (Dec. '22 - Aug '23) -CVS up 911,500 YTD (Dec. '23 - Aug '24) -Humana up 256,000 YTD -Devoted up 88,000 YTD -UHC up 77,000 YTD -D-SNP up 308,000 (5.5%) YTD (Dec. '23 - Aug '24) -down compared to last year 949,000 (21%) YTD (Dec. '22 - Aug '23) Note: This utilizes County level files which exclude some enrollments ____ If you are a leader in the Medicare industry, give me a follow. I post daily. P.S.- sign up for my free weekly newsletter "Medicare Market Insights"https://lnkd.in/gmv65ipM

GLP-1's and Medicare 💉 How GLP-1's could impact the Medicare market. https://lnkd.in/gZXycFfJ

eHealth (EHTH), a Medicare eBroker, released Q2 '24 results last week. Here are 12 important financial metrics: 1\ MA LTV up 4% YoY -current Q: $927 -prior year same Q: $891 2\ MS LTV up 27% YoY -current Q: $1,112 -prior year same Q: $875 3\ IFP LTV mixed YoY Non-qualified Health Plans up 7%: -current Q: $353 -prior year same Q: $329 Qualified Health Plans down 1%: -current Q: $354 -prior year same Q: $357 Note: “IFP” stands for Individual and Family Plans 4\ Medicare Customer Acquisition Costs (”CAC”) down 4% YoY Made up of 2 components: Customer Care and Enrollment (”CC&E”) per approved policy down 15% -current Q: $599 -prior year same Q: $706 Marketing per approved policy up 15% -current Q: $457 -prior year same Q: $396 5\ IFP Acquisition Costs (”CAC”) up 20% YoY Made up of 2 components: Customer Care and Enrollment (”CC&E”) per approved policy up 23% -current Q: $284 -prior year same Q: $230 Marketing per approved policy up 5% -current Q: $59 -prior year same Q: $56 6\ Total Approved policy counts down 7% YoY -current Q: 56,568 -prior year same Q: 60,768 7\ MA Approved policy counts up 6% YoY -current Q: 37,638 -prior year same Q: 35,597 8\ MS Approved policy count down 33% YoY -current Q: 1,954 -prior year same Q: 2,923 9\ Total Revenue down 1% YoY -current Q: $65.86 million -prior year same Q: $66.77 million -includes $9.0 million non commission revenue 10\ Operating Loss increased 7% YoY -current Q: $(27.96) million -prior year same Q: $(26.15) million 11\ Commission Receivable Balance up 5% -current Q: $832 million -prior year same Q: $790 million 12\ Valuation Metrics -Market Cap: $127 M ____ Like, comment and share! I post Medicare market insights daily. P.S. -> sign up for my free weekly newsletter. Designed to keep busy leaders informed and up-to-date. https://lnkd.in/gmv65ipM

Big Picture Medicare Enrollment Statistics 🚀 Wrap your arms around the important Medicare Market "big picture" enrollment statistics https://lnkd.in/gtasH3PF

Medicare Trustees Report Summary 📃 WHO? – WHAT? – WHEN? – WHERE? – WHY? https://lnkd.in/gbAuTP4v