Crazy Year in Medicare: 2024 Review ๐ŸŽข

A look back at MMI deep dives from 2024.

This weekโ€™s newsletter is Sponsored By: Modivcare

Here is what youโ€™ll find in this weekโ€™s newsletter!

  1. Important links ๐Ÿ”— - the best articles we found this week about the Medicare Market along with links to Jaredโ€™s recent LinkedIn posts.

  2. Deep Dive ๐Ÿ“š - Crazy Year in Medicare: 2024 Review ๐ŸŽข

  3. Sponsor Snapshot ๐Ÿš€ - brought to you by Modivcare

  4. Compliance Chatter ๐Ÿ“ข - ME, MA, MO and CMS Memos for Medicare Parts C&D

Itโ€™s only a 5 minute read, but it will make you 10x smarter.

Here are IMPORTANT LINKS ๐Ÿ”— 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 Todayโ€™s Competitive Medicare Supplement Market? - (link)

  6. Hospital Indemnity Growth - (link)

Jaredโ€™s recent LinkedIn posts:

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

  2. Last week I asked my followers โ€œwho won AEP?โ€ from a sales standpoint. Hereโ€™s what they saidโ€ฆ - (link)

  3. MMIโ€™s deep dive looks at MedPAC. Have you heard of it? - (link)

DEEP DIVE ๐Ÿ“š

Crazy Year In Medicare: 2024 Review ๐ŸŽข

2024 was a wild ride in the Medicare industry.

While our weekly deep dives didnโ€™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 โ€œBox Setโ€ 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 โ†’ (link)

  • UnitedHealth Group - Q1 2024 Results โœจ โ†’ (link)

  • UnitedHealth Group - Q2 2024 Results ๐Ÿฉบ โ†’ (link)

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

Medicare Carrier Financials Side-By-Side:

  • CY '23 Medicare Carrier Financials Side-By-Side โค๏ธ โ†’ (link)

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

  • Q2 2024 Medicare Carrier Financials Side-By-Side ๐Ÿ’ต โ†’ (link)

  • Q3 2024 Medicare Carrier Financials Side-By-Side ๐Ÿ‚ โ†’ (link)

Medicare eBroker Financials Side-By-Side:

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

  • Q1 2024 Medicare eBroker Financials Side-By-Side ๐Ÿคธโ€โ™€๏ธ โ†’ (link)

  • Q2 2024 Medicare eBroker Financials Side-By-Side ๐Ÿ’ต -(link)

  • Q3 2024 Medicare eBroker Financials Side-By-Side ๐Ÿฆƒ โ†’ (link)

2/ Medicare Advantage Market Statistics

  • AEP 2024 โ†’ Medicare Advantage Enrollment Growth ๐Ÿš€ โ†’ (link)

  • AEP 2024 โ†’ Medicare Advantage Enrollment Growth (Part 2) ๐Ÿš€ โ†’ (link)

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

  • Medicare Advantage - 2023 Loss Ratio Analysis ๐ŸŒ  โ†’ (link)

  • Big Picture Medicare Enrollment Statistics ๐Ÿš€ โ†’ (link)

3/ Medicare Supplement Market Statistics

  • 2023 Medicare Supplement Market Results - ๐Ÿ“Š โ†’ (link)

  • Medicare Supplement Market Results - Part โœŒ โ†’ (link)

  • Medigap Market Updates - March 2024 ๐ŸŒผ โ†’ (link)

  • 2024 Q2 Medigap Market Updates โ˜ โ†’ (link)

  • Q4 2024 Medigap Market Updates ๐Ÿ‘จโ€๐Ÿ’ป โ†’ (link)

4/ Medicare Market Regulation, Consolidation, Disruptions

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

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

  • BCBS Kansas Cityโ€™s Exit: Medicare Advantage Market Impact ๐Ÿ– โ†’ (link)

  • GoHealth + e-TeleQuote = ๐Ÿค โ†’ (link)

5/ AEP 2025 Info, Opportunities, Data, News

  • The Wild Medicare Market ๐Ÿค - What it Means for AEP 2025 โ†’ (link)

  • MA, MAPD, PDP Landscape ๐Ÿž - Part 1 โ†’ (link)

  • Stars, Premium, Deductibles & MOOPs - MA Landscape ๐Ÿž (Part 2) โ†’ (link)

  • D-SNPs and C-SNPs: Whatโ€™s changing for AEP 2025 ๐Ÿ” โ†’ (link)

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

  • AEP Tea Leaves โ†’ (link)

  • MA Plan Terminations in 2025 ๐Ÿ‘‹ โ†’ (link)

  • Anthem & Aetna's November Commission Surprise ๐Ÿ˜ฏ โ†’ (link)

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

__

Thatโ€™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!

๐ŸŽ„๐Ÿฅ‚๐ŸŽ†

What MMI + Subscribers read this weekโ€ฆ

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

Sponsor Snapshot ๐Ÿš€: 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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COMPLIANCE CHATTER ๐Ÿ“ข

Check out this weekโ€™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 youโ€™re ready, here are some ways we can help you:

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

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