Medicare Supplement Market Expected to Generate $50.6 Billion of New Annualized Premium Over the Next Ten Years

Telos Actuarial believes the outlook of the Medicare supplement market continues to be very favorable for entities looking to seize on the robust opportunity.  Although the overall market experienced a downturn in 2021 that is expected to continue into 2022, there are many reasons why the market will return to annual growth beginning in 2023 including:

•       Continued growth in the number of Medicare beneficiaries

•       Decrease in company-provided retiree health benefits

•       Consistent benefit structure of Medicare supplement plans

Find out more in Telos Actuarial’s 12th Annual Market Projection.

With nearly 84 million Medicare beneficiaries projected by 2040, there is no better time to be looking at the Medicare supplement market.  Whether you are considering entering the market for the first time or have an existing product portfolio that just needs a refresh, Telos Actuarial has the team to help.