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Every year, the National Association of Insurance
Commissioners (NAIC) issues a report reviewing Medicare Supplement
activity over the past year. The report details company earnings, claims,
loss ratios, and other pertinent Med-Supp data. One portion of the report of
particular importance is a list of Medicare Supplement providers by direct
premiums earned. This report indicates which companies wrote the most
business for a particular year.
At United American, we are pleased to announce the NAIC has
listed UA as one of the largest writers of Agent-sold, individual Medicare Supplement policies for 2006
(see chart below).
National Association of Insurance Commissioners
2006 Medicare Supplement Insurance Experience Reports
In Order by Direct Premiums Earned*
| COMPANY NAME |
DIRECT
PREMIUMS
EARNED |
MARKET
SHARE % |
DIRECT
CLAIMS
INCURRED |
LOSS
INCURRED TO PREMIUMS
EARNED % |
 |
| United Healthcare Ins. Co. |
$2,045,215,344 |
14.1 |
$1,685,208,906 |
82.4 |
| Health Care Svc Corp. |
889,506,615 |
6.1 |
668,231,977 |
75.1 |
| Mutual of Omaha Ins Co. |
619,025,517 |
4.3 |
439,689,862 |
71.0 |
| Bankers Life and Cas. Co. |
549,650,630 |
3.8 |
380,826,981 |
69.3 |
United American
Ins. Co. |
457,238,534 |
3.1 |
317,302,442 |
69.4 |
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* From 2006 NAIC Journal-Loss Ratios (August 29, 2007)
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