Crazy Year in Medicare: 2024 Review 🎒

A look back at MMI deep dives from 2024.

This week’s newsletter is Sponsored By: Modivcare

Here is what you’ll find in this week’s newsletter!

  1. Important links πŸ”— - the best articles we found this week about the Medicare Market along with links to Jared’s recent LinkedIn posts.

  2. Deep Dive πŸ“š - Crazy Year in Medicare: 2024 Review 🎒

  3. Sponsor Snapshot πŸš€ - brought to you by Modivcare

  4. Compliance Chatter πŸ“’ - ME, MA, MO and CMS Memos for Medicare Parts C&D

It’s only a 5 minute read, but it will make you 10x smarter.

Here are IMPORTANT LINKS πŸ”— for the week:

  1. 7 Ways the New House Spending Package Could Affect Older Clients - (link)

  2. Medicare Advantage Value-Based Insurance Design (VBID) Model to End after Calendar Year 2025 - (link)

  3. Medicare Fraud Alert: Suspect Payments in Marketing Arrangements Related to Medicare Advantage and Providers - (link)

  4. State of the 2025 Medicare Advantage industry: General enrollment plan valuation and selected benefit offerings - (link)

  5. Can a Low-Price Strategy be Successful in Today’s Competitive Medicare Supplement Market? - (link)

  6. Hospital Indemnity Growth - (link)

Jared’s recent LinkedIn posts:

  1. MA/MAPD December enrollment results... - (link)

  2. Last week I asked my followers β€œwho won AEP?” from a sales standpoint. Here’s what they said… - (link)

  3. MMI’s deep dive looks at MedPAC. Have you heard of it? - (link)

DEEP DIVE πŸ“š

Crazy Year In Medicare: 2024 Review 🎒

2024 was a wild ride in the Medicare industry.

While our weekly deep dives didn’t capture everything that happened, they did provide a lot of data, stats, news, opportunities and insights into the market over the course of the year.

This week we look back at some of the important content we sent out during 2024.

Our deep dives generally fall into broad categories:

  • Financial Breakdowns

  • Medicare Advantage Market Statistics

  • Medicare Supplement Market Statistics

  • Medicare Market Regulation, Consolidation, Disruptions

  • AEP Opportunities, Data, News

In addition, we also periodically provide Topical Informational 101 deep dives. Check out the full β€œBox Set” of 101s from a few weeks ago.

Below you will find some of the deep dives sent out during 2024 under each category.

1/ Financial Breakdowns

UnitedHealth Group results:

  • The Medicare Giant! - UnitedHealth Group's 2023 Financial Results β†’ (link)

  • UnitedHealth Group - Q1 2024 Results ✨ β†’ (link)

  • UnitedHealth Group - Q2 2024 Results 🩺 β†’ (link)

  • UnitedHealth Group - Q3 2024 Results β†’ (link)

Medicare Carrier Financials Side-By-Side:

  • CY '23 Medicare Carrier Financials Side-By-Side ❀️ β†’ (link)

  • Q1 '24 Medicare Carrier Financials Side-By-Side β›ˆ β†’ (link)

  • Q2 2024 Medicare Carrier Financials Side-By-Side πŸ’΅ β†’ (link)

  • Q3 2024 Medicare Carrier Financials Side-By-Side πŸ‚ β†’ (link)

Medicare eBroker Financials Side-By-Side:

  • CY 2023 Medicare eBroker Financials Side-by-Side β†’ (link)

  • Q1 2024 Medicare eBroker Financials Side-By-Side πŸ€Έβ€β™€οΈ β†’ (link)

  • Q2 2024 Medicare eBroker Financials Side-By-Side πŸ’΅ -(link)

  • Q3 2024 Medicare eBroker Financials Side-By-Side πŸ¦ƒ β†’ (link)

2/ Medicare Advantage Market Statistics

  • AEP 2024 β†’ Medicare Advantage Enrollment Growth πŸš€ β†’ (link)

  • AEP 2024 β†’ Medicare Advantage Enrollment Growth (Part 2) πŸš€ β†’ (link)

  • Aetna β†’ The Big Winner of AEP 2024 β†’ (link)

  • Medicare Advantage - 2023 Loss Ratio Analysis 🌠 β†’ (link)

  • Big Picture Medicare Enrollment Statistics πŸš€ β†’ (link)

3/ Medicare Supplement Market Statistics

  • 2023 Medicare Supplement Market Results - πŸ“Š β†’ (link)

  • Medicare Supplement Market Results - Part ✌ β†’ (link)

  • Medigap Market Updates - March 2024 🌼 β†’ (link)

  • 2024 Q2 Medigap Market Updates ☝ β†’ (link)

  • Q4 2024 Medigap Market Updates πŸ‘¨β€πŸ’» β†’ (link)

4/ Medicare Market Regulation, Consolidation, Disruptions

  • Medicare Part D and the Inflation Reduction Act β†’ (link)

  • Spring Into 2025 - CMS Updates! β†’ (link)

  • BCBS Kansas City’s Exit: Medicare Advantage Market Impact πŸ– β†’ (link)

  • GoHealth + e-TeleQuote = 🀝 β†’ (link)

5/ AEP 2025 Info, Opportunities, Data, News

  • The Wild Medicare Market 🀠- What it Means for AEP 2025 β†’ (link)

  • MA, MAPD, PDP Landscape 🏞 - Part 1 β†’ (link)

  • Stars, Premium, Deductibles & MOOPs - MA Landscape 🏞 (Part 2) β†’ (link)

  • D-SNPs and C-SNPs: What’s changing for AEP 2025 πŸ” β†’ (link)

  • Wellcare is Exiting MA in 6 States - Here's the Opportunity β†’ (link)

  • AEP Tea Leaves β†’ (link)

  • MA Plan Terminations in 2025 πŸ‘‹ β†’ (link)

  • Anthem & Aetna's November Commission Surprise 😯 β†’ (link)

  • Cigna Non-Commissionable Plans β†’ (link)

__

That’s all for this week. Thanks for reading Medicare Market Insights during 2024.

We look forward to providing valuable content for leaders in the Medicare space in 2025!

We are off for the next 2 weeks to enjoy the holidays. We hope you do the same.

See you in 2025.

Blessings!

πŸŽ„πŸ₯‚πŸŽ†

What MMI + Subscribers read this week…

  • December '24 MA/MAPD and PDP enrollment data - December enrollment data has been loaded. Here are a few observations. (link)

Sponsor Snapshot πŸš€: Modivcare

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By addressing factors such as transportation and remote monitoring support, we bridge the gap between members, their health plan, and their care team to improve condition management and quality of life.

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  • Non-emergency medical transportation

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COMPLIANCE CHATTER πŸ“’

Check out this week’s Insurance Regulatory Insights newsletter that includes state bulletins from Maine and Massachusetts, proposed dental legislation in Missouri, and CMS Memos for Medicare Parts C&D.

If you’re ready, here are some ways we can help you:

  • Newsletter Sponsorship opportunities: Promote your product or services to leaders in the Medicare space. Let’s discuss. (link)

  • Market Research: Reports that help you wrap your arms around the Senior focused insurance markets. (link)

  • Consulting: We can help you develop new insurance products for the Medicare market, appraise your books of business, and keep you compliant. Let’s discuss. (link)

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