Gen Re Releases U.S. Medicare Supplement Market Survey Results

Gen Re Releases U.S. Medicare Supplement Market Survey Results

STAMFORD, Conn.--Gen Re has released the results of this year’s U.S. Medicare Supplement Market Survey, its annual industry benchmarking survey covering new sales and inforce business, performance, lapse rates, claim trends, and rate filings for 2023. Eighty-nine companies are represented in the report, including those with open and/or closed blocks of business, with 50% of the companies managing both.

Gen Re Releases U.S. Medicare Supplement Market Survey Results. Inforce premium grew 2.4% in 2023 for participating companies.

Key highlights from this annual benchmark report include:

The Market Survey is an annual benchmark survey produced by Gen Re, with the full results available only to participating companies. A summary report is available online at www.genre.com/lhsurveys.

About Gen Re

Gen Re, a Berkshire Hathaway Company, is one of the leading Life/Health and Property/Casualty reinsurers in the world. Our North American Life and Health reinsurance company, General Re Life Corporation, has superior financial strength ratings among Life and Health reinsurers. Gen Re delivers customized reinsurance programs and risk management solutions for the Life, Disability, Medicare Supplement, and Critical Illness markets. Through our research, we also offer valuable information and insights. www.genre.com