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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 2007
(see chart below).
National Association of Insurance Commissioners
2007 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. |
$2,229,983,879 |
15.5 |
$1,860,913,798 |
83.4 |
| Health Care Svc Corp. |
923,441,815 |
6.4 |
726,602,561 |
78.7 |
| Mutual of Omaha Ins Co. |
607,777,979 |
4.2 |
426,207,127 |
70.1 |
| Bankers Life and Cas. Co. |
541,142,887 |
3.8 |
364,006,023 |
67.3 |
United American
Ins. Co. |
417,264,916 |
2.9 |
286,051,377 |
68.6 |
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* From 2007 NAIC Journal-Loss Ratios (June 9, 2008)
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