2014/2015 U.S. Medicare Supplement Market Survey Results Now Available
Issue: July 2015 | Life/Health North America
For immediate release
Portland, ME, July 13, 2015 - Gen Re is pleased to release the results of the 2014/2015 U.S. Medicare Supplement Market Survey. This leading industry benchmark survey covers, but is not limited to, premiums, profitability and loss, claims trend, lapse rates, refunds and discounting, application processing, underwriting and distribution.
Eighty companies in the Medicare Supplement (Med Supp) business are represented in this year's survey. Highlights from the Summary report, now available on Gen Re's website, include the following:
"The market for Medicare Supplement is growing rapidly as individuals are becoming eligible for retirement at a rate of 10,000 per day," said Drew King, SVP, Group & Specialty Division at Gen Re. "It is essential that insurance providers are prepared and willing to meet the needs of the expanding senior market."
For more information about the Medicare Supplement market, visit www.genre.com/medsupp.
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 tailor-made reinsurance programs and risk management solutions for the Life, AD&D, Disability, Critical Illness and Medicare Supplement markets. Through our research, we also offer valuable information and insights.