CSG Actuarial has compiled information from the NAIC and other sources and is reporting that the total market Medicare Supplement earned premiums in 2012 totaled $23.1 billion, a 5% increase over 2011 and a 24% increase since 2004. The overall Medicare Supplement earned premium growth from 2004 to 2012 is shown in this chart.

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The growth in overall Medicare Supplement market earned premiums has been fueled by increasing new business sales. Overall annualized new business premiums increased to $3.1 billion in 2012, up from $2.0 billion in 2004. The overall Medicare Supplement annualized new business premium growth from 2004 to 2012 is shown in this chart.

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CSG monitors senior markets to provide the most up-to-date competitive intelligence in the industry. CSG DataMartâ„¢ includes premium rate and underwriting information for more than 200 companies. Call 855-861-8776 or email info@csgactuarial.com to learn more.