Friday, February 17, 2012

Med Supp News

Aetna reports 9% increase in Medicare Supplement policies in-force
In the first quarter of reporting results since acquiring Genworth’s Medicare Supplement block of business, Aetna’s reported year-end 2011 Medicare Supplement policy in-force counts were 163,000, a 9% increase over the combined year-end 2010 Medicare Supplement policy in-force counts for Aetna and Genworth. The combined total of Aetna’s and Genworth’s 2011 Medicare Supplement annualized new sales was in the top 6 in the Medicare Supplement market.

Humana reports 53% increase in Medicare Supplement policies in-force
Humana reported year-end 2011 Medicare Supplement policy in-force counts of 59,600, a 53% increase over year-end 2010. Humana also reported 2011 Medicare Supplement premium of $104 million, up from $70 million for 2010. Humana’s 2011 Medicare Supplement annualized new sales were in the top 10 in the Medicare Supplement market.

Torchmark reports 5% increase in Medicare Supplement new sales
Torchmark reported 2011 Medicare Supplement annualized new sales of $37.5 million, a 5% increase over 2010. Torchmark’s Medicare Supplement annualized new sales have leveled off between $25 million and $45 million for the past seven years.

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