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2015 Medicare Supplement Loss Ratios

2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

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Page 1: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

2015 Medicare Supplement Loss Ratios

Page 2: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,
Page 3: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

2015 Medicare SupplementLoss Ratios

2016

Page 4: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

Accounting & ReportingInformation about statutory accounting principles and the procedures necessary for fi ling fi nancial annual statements and conducting risk-based capital calculations.

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Page 5: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

TABLE OF CONTENTS

2015 MEDICARE SUPPLEMENT LOSS RATIOS

INTRODUCTION ................................................................................................................................. 1

Qualifications ........................................................................................................................ 2

MEDICARE SUPPLEMENT INSURANCE EXPERIENCE SUMMARY ......................................................... 3

U.S. and U.S. Territories Summary .......................................................................................... 5

Ten-Year Summary ................................................................................................................ 6

By State Totals ...................................................................................................................... 7

Number of Covered Lives by State Map .................................................................................. 9

INDIVIDUAL POLICIES ISSUED THROUGH 2012 U.S. and U.S. Territories By Direct Premiums Earned .................................................................. 11

U.S. and U.S. Territories By Company Name ......................................................................... 23

INDIVIDUAL POLICIES ISSUED IN 2013, 2014, AND 2015

U.S. and U.S. Territories By Direct Premiums Earned ............................................................ 35

U.S. and U.S. Territories By Company Name ........................................................................ 45

TOTAL INDIVIDUAL POLICIES

U.S. and U.S. Territories By Direct Premiums Earned ............................................................ 55

U.S. and U.S. Territories By Company Name ........................................................................ 67

GROUP POLICIES ISSUED THROUGH 2012

U.S. and U.S. Territories By Direct Premiums Earned ............................................................ 79

U.S. and U.S. Territories By Company Name ........................................................................ 85

GROUP POLICIES ISSUED IN 2013, 2014, AND 2015

U.S. and U.S. Territories By Direct Premiums Earned ............................................................ 91

U.S. and U.S. Territories By Company Name ........................................................................ 95

TOTAL GROUP POLICIES

U.S. and U.S. Territories By Direct Premiums Earned ............................................................ 99

U.S. and U.S. Territories By Company Name ...................................................................... 105

TOTAL POLICIES (Individual and Group)

U.S. and U.S. Territories By Direct Premiums Earned .......................................................... 111

U.S. and U.S. Territories By Company Name ...................................................................... 123

MARKET SHARE BY DIRECT PREMIUMS EARNED ........................................................................... 135

Alabama ............................................................................................................................ 137

Alaska .............................................................................................................................. 138

Arizona ............................................................................................................................. 139

Arkansas............................................................................................................................ 140

California .......................................................................................................................... 141

Colorado ........................................................................................................................... 142

Connecticut ....................................................................................................................... 143

Delaware ........................................................................................................................... 144

District of Columbia ........................................................................................................... 145

Florida .............................................................................................................................. 146

Georgia ............................................................................................................................. 147

Hawaii............................................................................................................................... 148

Idaho ................................................................................................................................. 149

Illinois ............................................................................................................................... 150

Indiana .............................................................................................................................. 151

Iowa .................................................................................................................................. 152

© 2016 National Association of Insurance Commissioners

Page 6: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

Kansas ............................................................................................................................. 153

Kentucky ........................................................................................................................... 154

Louisiana ........................................................................................................................... 155

Maine ................................................................................................................................ 156

Maryland ........................................................................................................................... 157

Massachusetts .................................................................................................................... 158

Michigan ........................................................................................................................... 159

Minnesota .......................................................................................................................... 160

Mississippi ........................................................................................................................ 161

Missouri ............................................................................................................................ 162

Montana ............................................................................................................................ 163

Nebraska ........................................................................................................................... 164

Nevada .............................................................................................................................. 165

New Hampshire ................................................................................................................. 166

New Jersey ........................................................................................................................ 167

New Mexico ...................................................................................................................... 168

New York .......................................................................................................................... 169

North Carolina ................................................................................................................... 170

North Dakota ..................................................................................................................... 171

Ohio .................................................................................................................................. 172

Oklahoma .......................................................................................................................... 173

Oregon .............................................................................................................................. 174

Pennsylvania ...................................................................................................................... 175

Rhode Island ...................................................................................................................... 176

South Carolina ................................................................................................................... 177

South Dakota ..................................................................................................................... 178

Tennessee .......................................................................................................................... 179

Texas ................................................................................................................................ 180

Utah .................................................................................................................................. 181

Vermont ............................................................................................................................ 182

Virginia ............................................................................................................................. 183

Washington ....................................................................................................................... 184

West Virginia .................................................................................................................... 185

Wisconsin .......................................................................................................................... 186

Wyoming ........................................................................................................................... 187

Guam ................................................................................................................................ 188

N. Mariana Islands ....................................................................................................................... 189

Puerto Rico ........................................................................................................................ 190

U.S. Virgin Islands ............................................................................................................. 191

COMPANY INDEX ..................................................................................................................... 193

Sample Medicare Supplement Insurance Exhibit ................................................................................ 207

© 2016 National Association of Insurance Commissioners

Page 7: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

INTRODUCTION

Included in this report are the 2015 loss ratios on Medicare supplement business as reported to

the National Association of Insurance Commissioners (NAIC).

Reporting of these loss ratios, on forms conforming to those developed by the NAIC, is required

by the Medicare Catastrophic Coverage Act of 1988, Public Law 100-360. Although major

provisions of the Catastrophic Coverage Act were repealed one year later, this reporting

requirement was left intact. The data reported are utilized by state insurance departments to help

evaluate insurers’ compliance with loss ratio standards for Medicare supplement policies. A copy

of the experience exhibit, which is used to collect the data, is included. The filing deadline for

the 2015 exhibit was March 1, 2016. This exhibit is submitted by companies filing the

life/health, property/casualty, health and fraternal annual statement blanks.

This report shows direct premiums earned, market share, direct claims incurred, loss ratios, and

number of covered lives on a countrywide basis for 3,921 filings by 304 insurers filing Medicare

Supplement Insurance Experience Exhibits with the NAIC. The report lists companies in

descending order of direct premiums earned and in alphabetical order by name. The report also

shows insurers’ experience separately for: 1) individual policies issued through 2012; 2)

individual policies issued in 2013, 2014, and 2015; 3) total individual policies; 4) group policies

issued through 2012; 5) group policies issued in 2013, 2014, and 2015; 6) total group policies;

and 7) total individual and group policies.

Also included at the beginning of the report is a table presenting aggregated data for all

companies reporting. Insurers reported total direct premiums earned in 2015 of $26.3 billion,

with direct claims incurred of $20.3 billion for all Medicare supplement policies. This resulted in

a 77.5% loss ratio. A second table presents a 10-year summary of totals for the years 2006

through 2015. This table reflects the numbers reported in prior-year Medicare Supplement Loss

Ratio Reports. Because companies report this data on a year-to-year basis, there might be some

differences between the current-year data and historical data.

The majority of the Medicare supplement insurance market is written through individual policies.

Total direct premiums earned for individual policies were $19.4 billion, with direct claims

incurred of $15.0 billion in 2015. This resulted in a 77.2% loss ratio. The loss ratio for individual

policies issued through 2012 was slightly lower, at 75.6%. The loss ratio for individual policies

issued in 2013, 2014, and 2015 was higher, at 80.6%.

Total direct premiums earned for all group policies in 2015 were $6.8 billion, with total direct

claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies

issued through 2012 was slightly lower, at 78.1%, whereas the loss ratio for group policies issued

in 2013, 2014, and 2015 was slightly higher, at 78.4%.

Beginning with the 1994 filings, companies are to report the number of covered lives for each

policy form. Total covered lives reported in 2015 for individual and group policies was

11.9 million. In the event that a company has exited this business or was unable to provide the

number of covered lives, zeros appear.

© 2016 National Association of Insurance Commissioners 1

Page 8: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

A market share report containing the top 10 companies by direct premiums earned doing business

in each state is included in this publication. A map and report with number of covered lives by

state is included in the Summary section. The Company Index includes all 304 insurers, summary

totals for each company’s premiums and number of covered lives for those years prior to 2012,

and a summary total for premiums and number of covered lives for the years 2013, 2014, and

2015.

Qualifications

The accuracy of the reports included in this publication is dependent on the accuracy of the

information contained in the exhibits filed by insurers. Even though the data elements used to

prepare the reports are extracted from exhibits filed with the NAIC, the NAIC cannot verify or

guarantee their accuracy.

While the NAIC exercises a great deal of care in capturing data from these exhibits and

producing these reports, as with any statistical project of a significant magnitude, errors can

occur. Consequently, the NAIC makes no representations or warranties with respect to the

accuracy of the data and statistics in this report.

Please send any questions regarding this report to [email protected]. Links to this

report and other NAIC reports can be found on the NAIC website at: NAIC Publications.

© 2016 National Association of Insurance Commissioners 2

Page 9: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

MEDICARE SUPPLEMENT INSURANCE

EXPERIENCE SUMMARY

© 2016 National Association of Insurance Commissioners 3

Page 10: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 4

Page 11: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS

2015 MEDICARE SUPPLEMENT INSURANCE EXPERIENCE SUMMARY

U.S. and U.S. Territories

Direct

Direct Direct Claims Incurred

Premiums Claims To Premium

Earned Incurred Earned

Experience on

Individual Policies Issued through 2012: 13,274,238,292 10,038,310,700 75.62%

Experience on

Individual Policies Issued in 2013, 2014 and 2015: 6,167,697,729 4,970,574,298 80.59%

Experience on Total

Individual Policies: 19,441,936,021 15,008,884,998 77.20%

Experience on

Group Policies Issued through 2012: 4,375,424,199 3,416,757,996 78.09%

Experience on

Group Policies Issued in 2013, 2014 and 2015: 2,446,899,462 1,917,282,868 78.36%

Experience on Total

Group Policies 6,822,323,661 5,334,040,864 78.19%

Experience on Total

Individual and Group Policies: 26,264,259,682 20,342,925,862 77.5%

© 2016 National Association of Insurance Commissioners 5

Page 12: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS

2015 MEDICARE SUPPLEMENT INSURANCE EXPERIENCE SUMMARY

U.S. and U.S. Territories

TEN YEAR SUMMARY

Direct Premiums

Earned (000’s)

Direct Claims

Incurred (000’s)

Direct Claims

Incurred to

Premiums Earned

Experience on Total Individual Policies Issued :

2006 14,531,084 11,327,618 78.0%2007 14,418,507 11,478,832 79.6%2008 14,798,924 11,754,261 79.4%2009 14,994,367 11,929,890 79.6%2010 15,791,963 12,416,101 78.6%2011 16,510,850 13,171,110 79.8%2012 17,128,702 13,274,193 77.5%2013 17,739,081 13,521,662 76.2%2014 18,546,607 14,069,529 75.9%2015 19,441,936 15,008,885 77.2%

Experience on Total Group Policies Issued:

2006 4,693,711 3,871,131 82.5%2007 4,075,756 3,316,850 81.4%2008 4,227,074 3,439,231 81.4%2009 4,472,932 3,650,329 81.6%2010 4,710,325 3,777,618 80.2%2011 4,910,974 3,957,453 80.6%2012 5,213,811 4,190,292 80.4%2013 5,662,504 4,479,003 79.1%2014 6,213,976 4,889,380 78.7%2015 6,822,324 5,334,041 78.2%

Experience on Total Individual and Group Policies Issued:

2006 19,224,794 15,198,749 79.1%2007 18,494,263 14,795,682 80.0%2008 19,025,998 15,193,491 79.9%2009 19,467,299 15,580,219 80.0%2010 20,502,288 16,193,718 79.0%2011 21,421,824 17,128,563 80.0%2012 22,342,513 17,464,486 78.2%2013 23,401,585 18,000,665 76.9%2014 24,760,583 18,958,909 76.6%2015 26,264,260 20,342,926 77.5%

© 2016 National Association of Insurance Commissioners 6

Page 13: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

State Name

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS

2015 MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

BY STATE TOTALS

Actual

Earned Premiums

Number of

Lives CoveredState Name

Actual

Earned Premiums

Number of

Lives Covered

June 28, 2016

367,694,094 193,821ALABAMA 23,185,631 12,376ALASKA

551,000,125 257,406ARIZONA 357,444,035 172,077ARKANSAS

1,046,459,636 475,741CALIFORNIA 342,030,330 164,638COLORADO

342,012,671 151,265CONNECTICUT 117,437,050 54,594DELAWARE

19,275,428 9,503DISTRICT OF COLUMBIA 1,900,999,529 787,681FLORIDA

690,247,462 317,088GEORGIA 661,829 460GUAM

13,563,527 7,447HAWAII 143,698,288 67,447IDAHO

1,695,298,426 723,168ILLINOIS 773,596,299 336,634INDIANA

593,489,402 280,085IOWA 499,280,913 224,586KANSAS

425,331,908 199,000KENTUCKY 308,287,798 135,388LOUISIANA

156,186,968 71,573MAINE 543,069,032 220,277MARYLAND

648,953,000 292,062MASSACHUSETTS 728,128,140 407,166MICHIGAN

317,576,564 211,041MINNESOTA 322,369,000 143,841MISSISSIPPI

703,604,035 305,746MISSOURI 144,471,202 68,600MONTANA

50,037 33N MARIANA ISLANDS 361,802,769 161,618NEBRASKA

184,966,463 80,619NEVADA 200,660,227 88,265NEW HAMPSHIRE

1,111,663,312 437,503NEW JERSEY 103,671,848 54,522NEW MEXICO

1,101,271,716 436,192NEW YORK 945,352,918 447,342NORTH CAROLINA

114,365,618 49,154NORTH DAKOTA 933,555,561 430,059OHIO

363,399,507 179,956OKLAHOMA 268,708,514 134,347OREGON

1,327,585,820 633,002PENNSYLVANIA 31,762,141 22,610PUERTO RICO

99,908,095 46,246RHODE ISLAND 492,345,787 233,379SOUTH CAROLINA

143,539,121 65,201SOUTH DAKOTA 594,240,608 272,860TENNESSEE

1,647,902,037 724,004TEXAS 12,225,802 8,513U.S. VIRGIN ISLANDS

134,381,143 68,263UTAH 93,732,934 47,010VERMONT

761,831,557 368,473VIRGINIA 555,075,431 256,420WASHINGTON

176,566,114 85,111WEST VIRGINIA 640,714,005 267,315WISCONSIN

87,628,275 43,754WYOMING

26,264,259,682Total for All States: 11,932,482

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 7

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© 2016 National Association of Insurance Commissioners 8

Page 15: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

WY43,754

VT47,010ND

49,154

AK12,376

DC9,503

SD65,201

MT68,600

RI46,246

ID67,447

ME71,573

DE54,594

NH88,265

HI7,447

WV85,111

NM54,522

UT68,263

NE161,618

AR172,077

MS143,841

NV80,619

KS224,586

IA280,085

OK179,956

OR134,347

KY199,000

AL193,821

SC233,379

CT151,265

AZ257,406

LA135,388

MD220,277

WI267,315

TN272,860

WA256,420

MO305,746

MN211,041

CO164,638 VA

368,473

IN336,634

NC447,342

MA292,062

GA317,088

NJ437,503

MI407,166

PA633,002

OH430,059

IL723,168

FL787,681

TX724,004

NY436,192

CA475,741

N. Mariana Islands 33Guam 460Puerto Rico 22,610Virgin Islands 8,513

Medicare Supplement Insurance Experience Exhibit

2015 Number of Covered Lives by State

© 2016 National Association of Insurance Commissioners 9

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© 2016 National Association of Insurance Commissioners 10

Page 17: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

INDIVIDUAL POLICIES ISSUED THROUGH 2012

BY DIRECT PREMIUMS EARNED

© 2016 National Association of Insurance Commissioners 11

Page 18: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 12

Page 19: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

UnitedHealthcare Ins Co CT 79413 707 2,456,218,844 1,901,525,356 998,89218.504 77.4

Health Care Serv Corp A Mut Legal Re IL 70670 917 994,131,099 763,327,784 389,1197.489 76.8

United Of Omaha Life Ins Co NE 69868 261 914,146,684 669,829,364 341,4116.887 73.3

United World Life Ins Co NE 72850 261 355,642,833 249,635,853 109,1912.679 70.2

Mutual Of Omaha Ins Co NE 71412 261 325,479,555 226,005,702 102,7202.452 69.4

Bankers Life & Cas Co IL 61263 233 321,222,075 212,240,639 97,6372.420 66.1

BCBS of MA MA 53228 3637 311,128,049 299,822,412 133,8432.344 96.4

Wellmark Inc IA 88848 770 279,026,719 223,715,915 111,1962.102 80.2

BCBS Of FL FL 98167 536 257,723,646 223,824,135 117,6491.942 86.8

BCBS of NC Inc NC 54631 250,710,721 203,734,922 104,9371.889 81.3

Highmark Inc PA 54771 812 226,825,829 185,648,495 87,9081.709 81.8

State Farm Mut Auto Ins Co IL 25178 176 219,657,010 164,857,212 80,7831.655 75.1

Anthem Hlth Plans of VA Inc VA 71835 671 213,893,073 155,408,477 80,5831.611 72.7

Horizon Ins Co NJ 14690 1202 201,408,166 153,001,101 67,8851.517 76.0

USAble Mut Ins Co AR 83470 876 197,704,400 154,251,544 84,2481.489 78.0

BCBS Of KS Inc KS 70729 430 197,413,549 165,726,188 82,0241.487 83.9

United Amer Ins Co NE 92916 290 185,521,533 126,097,793 57,5631.398 68.0

Colonial Penn Life Ins Co PA 62065 233 182,943,865 133,699,494 79,7201.378 73.1

BCBS of AL AL 55433 570 177,359,098 143,851,510 95,5161.336 81.1

USAA Life Ins Co TX 69663 200 161,532,689 124,967,333 67,9861.217 77.4

American Continental Ins Co TN 12321 1 155,474,156 115,910,780 60,8161.171 74.6

Anthem Hlth Plans Of KY Inc KY 95120 671 136,221,851 108,362,270 61,9281.026 79.5

Continental Life Ins Co Brentwood TN 68500 1 132,491,785 120,211,718 52,3610.998 90.7

Carefirst of MD Inc MD 47058 380 125,705,361 88,285,007 38,8560.947 70.2

Anthem Ins Co Inc IN 28207 671 119,792,905 86,577,348 41,0520.902 72.3

BCBS of GA Inc GA 54801 671 116,933,294 91,020,462 43,7000.881 77.8

Physicians Mut Ins Co NE 80578 367 114,974,353 74,405,807 40,4080.866 64.7

Humana Ins Co WI 73288 119 107,923,379 82,527,345 44,1450.813 76.5

BCBS Of SC Inc SC 38520 661 104,354,989 66,425,938 38,2230.786 63.7

Gerber Life Ins Co NY 70939 4483 99,540,124 74,627,805 34,1450.750 75.0

Wisconsin Physicians Serv Ins Corp WI 53139 68 98,222,945 58,843,632 31,1400.740 59.9

BCBS of TN Inc TN 54518 3498 96,122,739 68,299,759 28,2840.724 71.1

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 13

Page 20: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

BCBS Of NE NE 77780 91,674,899 73,690,593 32,5510.691 80.4

Empire Healthchoice Assur Inc NY 55093 671 86,963,941 59,391,722 29,3850.655 68.3

Louisiana Hlth Serv & Ind Co LA 81200 438 84,868,406 65,206,111 33,1630.639 76.8

Constitution Life Ins Co TX 62359 953 83,361,485 57,639,858 22,1140.628 69.1

Healthy Alliance Life Ins Co MO 78972 671 76,165,071 55,017,524 28,8740.574 72.2

Physicians Life Ins Co NE 72125 367 74,226,338 51,217,521 26,9600.559 69.0

Loyal Amer Life Ins Co OH 65722 901 72,273,852 53,010,989 25,0490.544 73.3

New Era Life Ins Co TX 78743 520 69,755,268 53,323,470 29,3500.525 76.4

Noridian Mut Ins Co ND 55891 69,754,718 56,649,703 27,2490.525 81.2

BCBS of WI WI 54003 671 68,373,639 45,295,485 18,3400.515 66.2

Washington Natl Ins Co IN 70319 233 65,926,244 44,565,275 18,5250.497 67.6

Rocky Mountain Hospital & Medical CO 11011 671 63,650,607 42,886,014 23,8970.480 67.4

Sterling Life Ins Co IL 77399 901 59,855,148 41,605,261 22,9930.451 69.5

Thrivent Financial For Lutherans WI 56014 2938 57,775,063 39,497,106 20,3050.435 68.4

Philadelphia Amer Life Ins Co TX 67784 520 57,535,185 44,394,520 24,9690.433 77.2

Bankers Fidelity Life Ins Co GA 61239 587 57,303,577 39,535,838 22,5910.432 69.0

American Republic Ins Co IA 60836 3527 57,195,724 37,042,110 15,9490.431 64.8

Order of United Commercial Travelers OH 56383 56,646,170 47,087,200 15,7520.427 83.1

Community Ins Co OH 10345 671 56,616,108 40,317,019 25,5720.427 71.2

Standard Life & Accident Ins Co TX 86355 408 56,426,243 39,704,006 21,7920.425 70.4

Anthem Hlth Plans Inc CT 60217 671 54,633,608 46,249,474 26,6660.412 84.7

Anthem Hlth Plans of NH NH 53759 671 52,808,095 39,437,560 23,3230.398 74.7

BCBS of AZ Inc AZ 53589 51,840,348 34,194,010 19,8370.391 66.0

Genworth Life & Ann Ins Co VA 65536 4011 50,406,384 33,447,881 16,6420.380 66.4

Country Life Ins Co IL 62553 50 49,987,016 36,072,940 17,5410.377 72.2

American Republic Corp Ins Co NE 67679 3527 48,764,289 33,809,346 18,4630.367 69.3

BCBS of KC MO 47171 537 48,747,501 33,557,034 17,2250.367 68.8

Wellmark Of SD Inc SD 60128 770 46,348,652 36,243,979 16,6550.349 78.2

Continental Gen Ins Co OH 71404 4852 45,789,899 32,105,784 14,3140.345 70.1

Premera Blue Cross WA 47570 962 45,639,065 32,954,347 17,6960.344 72.2

Assured Life Assn CO 56499 45,264,797 33,569,902 15,4880.341 74.2

Forethought Life Ins Co IN 91642 3891 42,571,728 32,327,017 20,2830.321 75.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 14

Page 21: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

United Teacher Assoc Ins Co TX 63479 4852 41,989,854 28,814,062 11,4600.316 68.6

Combined Ins Co Of Amer IL 62146 626 41,150,960 31,274,729 13,5820.310 76.0

BCBS of RI RI 53473 37,649,456 29,968,172 16,4790.284 79.6

New Era Life Ins Co Of Midwest TX 69698 520 35,717,044 28,978,554 17,0890.269 81.1

Regence BlueShield WA 53902 1207 35,694,401 25,292,410 12,4840.269 70.9

Independence Hospital Ind Plan Inc PA 54704 936 34,752,105 32,077,875 25,4410.262 92.3

Sentinel Security Life Ins Co UT 68802 4824 34,394,832 25,328,738 12,6960.259 73.6

Anthem Hlth Plans of ME Inc ME 52618 671 34,373,642 28,904,941 14,8300.259 84.1

Christian Fidelity Life Ins Co TX 61859 574 33,746,083 21,788,278 8,6770.254 64.6

Royal Neighbors Of Amer IL 57657 31,540,922 21,628,225 8,6700.238 68.6

Aetna Life Ins Co CT 60054 1 31,302,835 21,606,446 10,6770.236 69.0

Old Surety Life Ins Co OK 67326 30,313,149 21,012,477 13,9830.228 69.3

Medico Ins Co NE 31119 3527 30,244,969 23,584,820 10,7380.228 78.0

American Family Mut Ins Co WI 19275 473 29,878,235 20,081,640 8,8130.225 67.2

Reserve Natl Ins Co OK 68462 215 29,227,190 20,042,360 9,9020.220 68.6

BCBS Of MS Mut Ins Co MS 60111 1126 28,527,354 22,997,360 9,8340.215 80.6

Everence Assn Inc IN 57991 4616 28,410,178 20,853,058 12,8530.214 73.4

Equitable Life & Cas Ins Co UT 62952 28,123,228 17,590,953 8,0270.212 62.5

HPHC Ins Co Inc MA 18975 595 26,596,162 21,328,186 12,2500.200 80.2

Golden Rule Ins Co IN 62286 707 25,195,938 17,524,740 8,9770.190 69.6

Dean Hlth Plan Inc WI 96156 1294 25,179,310 21,886,020 17,2200.190 86.9

Health Net Life Ins Co CA 66141 623 24,660,848 20,225,985 8,7460.186 82.0

Regence BCBS of UT UT 54550 1207 24,389,796 16,219,287 8,7570.184 66.5

American Family Life Assur Co of Col NE 60380 370 24,302,536 17,726,509 7,2440.183 72.9

Capital Advantage Ins Co PA 41203 1230 23,465,050 17,062,960 16,7960.177 72.7

First United Amer Life Ins Co NY 74101 290 21,634,643 17,462,425 7,5480.163 80.7

Capital Blue Cross PA 54720 1230 21,256,514 19,740,686 16,7960.160 92.9

Central States Ind Co Of Omaha NE 34274 31 20,126,496 15,135,727 10,0900.152 75.2

Excellus Hlth Plan Inc NY 55107 1186 20,068,098 16,605,279 7,3600.151 82.7

Unicare Life & Hlth Ins Co IN 80314 671 19,967,507 12,299,958 5,9490.150 61.6

Principal Life Ins Co IA 61271 332 19,620,885 14,972,527 5,6810.148 76.3

Government Personnel Mut Life Ins Co TX 63967 4712 19,490,517 15,105,711 9,2070.147 77.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 15

Page 22: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

North Amer Ins Co WI 68349 574 19,003,466 15,450,588 5,5580.143 81.3

Regence BCBS of OR OR 54933 1207 18,432,902 12,205,251 5,9010.139 66.2

Pekin Life Ins Co IL 67628 153 18,368,292 13,183,386 7,1210.138 71.8

Blue Care Network Of MI MI 95610 572 18,307,362 13,276,680 6,7090.138 72.5

State Mut Ins Co GA 69132 18,115,747 12,111,010 4,8270.136 66.9

Transamerica Life Ins Co IA 86231 468 17,707,466 12,953,713 6,3350.133 73.2

Medical Mut Of OH OH 29076 730 16,476,819 11,722,815 5,4070.124 71.1

Omaha Ins Co NE 13100 261 15,812,749 11,376,521 8,4820.119 71.9

Pyramid Life Ins Co KS 68284 953 15,488,099 9,610,920 4,0400.117 62.1

Blue Cross of ID Hlth Serv Inc ID 60095 1290 15,440,343 12,342,879 5,9710.116 79.9

Sierra Hlth & Life Ins Co Inc NV 71420 707 14,193,383 11,325,128 4,4980.107 79.8

Heartland Natl Life Ins Co IN 66214 14,107,664 10,881,790 5,6700.106 77.1

American Progressive L&H Ins Of NY NY 80624 953 13,709,781 9,823,400 4,0500.103 71.7

BCBS of WY WY 53767 13,566,281 10,723,975 5,6520.102 79.0

Oxford Life Ins Co AZ 76112 574 13,554,642 12,056,671 4,7140.102 88.9

Group Hospitalization & Med Srvcs DC 53007 380 13,302,907 10,988,292 4,7610.100 82.6

Highmark West Virginia Inc. WV 54828 812 12,209,490 9,384,862 4,5030.092 76.9

Guarantee Trust Life Ins Co IL 64211 687 12,016,548 6,807,942 3,0290.091 56.7

Pacificare Life & Hlth Ins Co IN 70785 707 11,579,757 9,360,540 4,3200.087 80.8

Central States H & L Co Of Omaha NE 61751 690 11,574,447 7,264,640 3,2780.087 62.8

Provident Amer Life & Hlth Ins Co OH 67903 901 11,415,602 7,876,497 2,8580.086 69.0

Regence Blueshield Of ID Inc ID 60131 1207 10,424,452 7,504,410 3,7090.079 72.0

Celtic Ins Co IL 80799 1295 10,027,652 6,698,119 2,4810.076 66.8

Sterling Investors Life Ins Co IN 89184 9,424,093 6,520,947 2,1340.071 69.2

Nationwide Life Ins Co OH 66869 140 9,403,763 6,417,048 2,7850.071 68.2

Highmark BCBSD Inc DE 53287 812 8,851,747 5,804,882 2,7430.067 65.6

BCBS of VT VT 53295 4745 8,636,354 7,116,628 3,0770.065 82.4

KSKJ Life Amer Slovenian Catholic Un IL 56227 8,531,514 6,558,902 3,2070.064 76.9

Puritan Life Ins Co of Amer TX 71390 4826 7,307,801 5,535,170 1,8820.055 75.7

Globe Life & Accident Ins Co NE 91472 290 7,224,146 5,775,620 2,9940.054 79.9

Central Reserve Life Ins Co OH 61727 901 6,583,655 4,108,755 1,6190.050 62.4

Shenandoah Life Ins Co VA 68845 4764 6,553,717 4,359,606 1,4270.049 66.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 16

Page 23: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Pennsylvania Life Ins Co PA 67660 4667 6,447,751 3,969,047 1,5260.049 61.6

Lincoln Heritage Life Ins Co IL 65927 6,397,341 3,408,173 1,3110.048 53.3

Health Now NY Inc NY 55204 5,889,834 4,928,708 2,2120.044 83.7

Great Amer Life Ins Co OH 63312 84 5,796,243 4,240,810 1,7880.044 73.2

United Natl Life Ins Co Of Amer IL 92703 687 5,795,704 4,880,801 2,2520.044 84.2

Health Net Hlth Plan of OR Inc OR 95800 623 5,599,191 5,544,898 2,2770.042 99.0

Humana Ins Co Of KY KY 60219 119 5,419,716 4,031,739 2,0790.041 74.4

First Comm Hlth Plan Inc AL 47051 5,360,510 3,130,767 2,5560.040 58.4

Coventry Hlth & Life Ins Co MO 81973 1 5,324,354 3,591,269 1,6630.040 67.4

Universal Fidelity Life Ins Co OK 70122 5,180,793 3,289,210 1,3670.039 63.5

Transamerica Premier Life Ins Co IA 66281 468 5,007,592 3,875,628 1,4500.038 77.4

Security Hlth Plan of WI Inc WI 96881 4,859,092 3,759,297 1,4420.037 77.4

Group Hlth Inc NY 55239 1127 4,664,065 3,273,762 1,5000.035 70.2

Unified Life Ins Co TX 11121 4,486,709 4,639,007 1,5160.034 103.4

Geisinger Ind Ins Co PA 10244 1143 4,065,631 2,922,597 1,6250.031 71.9

Health Tradition Hlth Plan WI 96628 3,359,110 2,624,016 1,3120.025 78.1

Inter Cty Hospitalization Plan Inc PA 54763 936 3,329,469 3,149,910 1,2070.025 94.6

Health Alliance Medical Plans IL 77950 1192 3,301,990 2,153,820 9260.025 65.2

LifeWise Hlth Plan of OR Inc OR 84930 962 3,289,839 2,072,537 8020.025 63.0

Sanford Hlth Plan SD 95683 1246 3,120,804 2,692,024 1,3100.024 86.3

CDPHP Universal Benefits Inc NY 47027 4708 3,051,185 3,016,332 5330.023 98.9

Humana Hlth Ins Co Of FL Inc FL 69671 119 2,878,846 2,237,073 1,3270.022 77.7

Bankers Conseco Life Ins Co NY 68560 233 2,712,024 1,868,141 9900.020 68.9

Paramount Ins Co OH 11518 1212 2,631,597 2,056,577 9310.020 78.1

Genworth Life Ins Co DE 70025 4011 2,573,047 2,601,099 5750.019 101.1

Group Hlth Options Inc WA 47055 1185 2,522,859 2,088,825 8900.019 82.8

Physicians Plus Ins Corp WI 95341 2,459,754 1,723,736 9810.019 70.1

New York Life Ins Co NY 66915 826 2,454,469 1,784,042 6770.018 72.7

BCBSM Inc MN 55026 461 2,366,993 1,551,974 81,9980.018 65.6

The Vt Hlth Plan LLC VT 95696 4745 2,269,893 1,774,449 1,2060.017 78.2

Liberty Natl Life Ins Co NE 65331 290 2,151,428 1,511,834 1,3200.016 70.3

Group Hlth Coop of S Central WI WI 95311 2,040,379 2,080,860 8550.015 102.0

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 17

Page 24: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Asuris NW Hlth WA 47350 1207 1,757,936 1,295,776 6380.013 73.7

Wilco Life Ins Co IN 65900 4213 1,753,972 1,324,579 5600.013 75.5

Columbian Mut Life Ins Co NY 62103 535 1,737,510 1,325,800 7160.013 76.3

Unity Hlth Plans Ins Corp WI 95796 1,722,532 1,398,308 7820.013 81.2

United Hlthcare of AL Inc AL 95784 707 1,641,653 1,414,739 6680.012 86.2

Humana Hlth Benefit Plan of LA Inc LA 95642 119 1,604,074 1,131,354 5280.012 70.5

Jefferson Natl Life Ins Co TX 64017 4836 1,573,362 1,145,266 4130.012 72.8

American Gen Life Ins Co TX 60488 12 1,552,314 1,091,165 4640.012 70.3

Connecticut Gen Life Ins Co CT 62308 901 1,514,217 1,298,910 5310.011 85.8

Humana Ins Co of NY NY 12634 119 1,459,634 960,217 5820.011 65.8

Idealife Ins Co CT 97764 31 1,312,837 964,174 3060.010 73.4

Alliance Hlth & Life Ins Co MI 60134 1311 1,216,238 1,010,027 4950.009 83.0

Transamerica Financial Life Ins Co NY 70688 468 1,143,292 890,752 2600.009 77.9

Avalon Ins Co PA 12358 1230 1,125,174 816,209 2520.008 72.5

Central United Life Ins Co AR 61883 1117 983,511 861,430 3740.007 87.6

Kanawha Ins Co SC 65110 119 923,809 755,826 2850.007 81.8

Hartford Life Ins Co CT 88072 91 834,920 460,587 1760.006 55.2

Auto Owners Life Ins Co MI 61190 280 772,933 449,388 2060.006 58.1

BridgeSpan Hlth Co UT 95303 1207 747,461 412,657 2660.006 55.2

UTMB Hlth Plans Inc TX 95764 731,461 332,743 2710.006 45.5

Union Fidelity Life Ins Co KS 62596 350 730,325 674,146 2660.006 92.3

Consumers Life Ins Co OH 62375 730 703,431 420,594 2540.005 59.8

Shelter Life Ins Co MO 65757 123 698,897 719,126 3060.005 102.9

MercyCare HMO Inc WI 12195 3595 672,644 739,645 5380.005 110.0

Communitycare Life & Hlth Ins Co OK 89008 3487 650,549 514,041 2640.005 79.0

Ability Ins Co NE 71471 4824 537,377 278,630 1230.004 51.9

SPJST TX 57436 505,961 332,402 1500.004 65.7

Aultcare Ins Co OH 77216 4805 498,292 357,557 1880.004 71.8

American Family Life Assur Co of NY NY 60526 370 490,315 368,810 1730.004 75.2

WMI Mut Ins Co UT 68420 486,968 377,899 1570.004 77.6

Southwest Serv Life Ins Co TX 82430 1339 440,537 232,632 950.003 52.8

Medico Corp Life Ins Co NE 79987 3527 426,403 281,849 1500.003 66.1

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 18

Page 25: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Compcare Hlth Serv Ins Corp WI 95693 671 417,771 232,471 970.003 55.6

Jackson Natl Life Ins Co MI 65056 918 392,888 426,034 2080.003 108.4

Medica Hlth Plans MN 52626 1552 386,200 566,628 730.003 146.7

Inter Cnty Hlth Plan Inc PA 53252 936 380,954 366,820 1,2000.003 96.3

American Income Life Ins Co IN 60577 290 363,901 323,483 910.003 88.9

John Alden Life Ins Co WI 65080 19 361,228 263,965 1140.003 73.1

American Family Ins Co OH 10386 473 353,163 276,576 960.003 78.3

Sanford Hlth Plan of MN MN 95725 1246 335,613 318,227 1510.003 94.8

HMO dba Blue Plus MN 95649 461 334,119 254,205 1190.003 76.1

Time Ins Co WI 69477 19 310,943 255,106 1040.002 82.0

New W Hlth Serv MT 95829 308,626 186,645 1100.002 60.5

Companion Life Ins Co SC 77828 661 304,612 307,019 1110.002 100.8

WPS Hlth Plan Inc WI 10159 68 266,162 114,137 480.002 42.9

Jefferson Life Ins Co TX 94790 252,764 351,523 1360.002 139.1

Union Labor Life Ins Co MD 69744 781 220,479 468,910 1340.002 212.7

Humanadental Ins Co WI 70580 119 212,110 159,339 930.002 75.1

Hawaii Medical Serv Assn HI 49948 187,845 168,205 730.001 89.5

Prudential Ins Co Of Amer NJ 68241 304 171,838 232,520 600.001 135.3

UCare MN MN 52629 4380 165,863 131,543 530.001 79.3

United Farm Family Life Ins Co IN 69892 542 136,306 164,883 710.001 121.0

Trustmark Ins Co IL 61425 276 132,383 -59,062 390.001 -44.6

Allianz Life Ins Co Of N Amer MN 90611 761 130,819 173,711 650.001 132.8

American Natl Ins Co TX 60739 408 116,075 84,950 510.001 73.2

Upmc Hlth Benefits Inc PA 11018 1324 112,556 137,129 560.001 121.8

EPIC Life Ins Co WI 64149 68 112,061 93,238 500.001 83.2

USAble Life AR 94358 876 109,147 59,429 220.001 54.4

IA Amer Life Ins Co TX 91693 315 97,893 87,864 960.001 89.8

United Security Assur Co Of PA PA 42129 80,200 44,136 230.001 55.0

Natl Foundation Life Ins Co TX 98205 839 74,855 149,488 340.001 199.7

Coventry Hlth Care of IL Inc IL 74160 1 73,130 63,483 170.001 86.8

21st Century Premier Ins Co PA 20796 69 63,372 40,617 390.000 64.1

Cincinnati Equitable Life Ins Co OH 88064 838 59,578 31,321 240.000 52.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 19

Page 26: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Group Hlth Coop of Eau Claire WI 95192 57,377 22,443 90.000 39.1

Sagicor Life Ins Co TX 60445 50,998 110,766 250.000 217.2

Kansas City Life Ins Co MO 65129 588 38,970 67,138 140.000 172.3

Medical Hlth Insuring Corp of OH OH 95828 730 36,228 25,459 80.000 70.3

Central Security Life Ins Co TX 61735 526 30,019 45,868 180.000 152.8

Medisun Inc AZ 95982 29,331 25,769 100.000 87.9

United Hlthcare of AZ Inc AZ 96016 707 28,526 59,464 190.000 208.5

Mid West Natl Life Ins Co Of TN TX 66087 264 24,124 18,876 190.000 78.2

US Hlth & Life Ins Co Inc MI 97772 22,672 33,148 50.000 146.2

CSA Fraternal Life IL 56138 21,751 11,381 90.000 52.3

Ryder Hlth Plan Inc PR 95743 21,400 24,318 350.000 113.6

Assurity Life Ins Co NE 71439 19,261 43,702 240.000 226.9

Voya Retirement Ins & Ann Co CT 86509 4832 17,872 40,022 70.000 223.9

National Hlth Ins Co TX 82538 2538 12,339 60,074 150.000 486.9

Federated Mut Ins Co MN 13935 7 9,899 27,178 70.000 274.6

Protective Life Ins Co TN 68136 458 9,248 16,831 80.000 182.0

Provident Amer Ins Co TX 68179 8,959 6,983 70.000 77.9

LifeSecure Ins Co MI 77720 572 8,653 19,636 70.000 226.9

Colonial Life & Accident Ins Co SC 62049 565 8,436 2,789 30.000 33.1

National Cas Co WI 11991 140 7,826 6,698 220.000 85.6

Cincinnati Life Ins Co OH 76236 244 7,532 11,280 90.000 149.8

United Heritage Life Ins Co ID 63983 2878 5,918 12,839 30.000 216.9

Federal Life Ins Co IL 63223 5,904 10,627 20.000 180.0

Medico Life & Hlth Ins Co IA 65641 3527 5,841 14,565 50.000 249.4

Midwestern United Life Ins Co IN 66109 4832 5,810 9,094 20.000 156.5

Old Amer Ins Co MO 67199 588 4,407 6,558 100.000 148.8

Security Life Of Denver Ins Co CO 68713 4832 4,111 13,811 30.000 336.0

Hartford Life & Accident Ins Co CT 70815 91 3,131 6,521 10.000 208.3

Motorists Commercial Mut Ins Co OH 13331 291 2,651 848 10.000 32.0

Metropolitan Life Ins Co NY 65978 241 1,902 2,458 10.000 129.2

Careamerica Life Ins Co CA 71331 2798 1,169 0 20.000 0.0

Investors Life Ins Co N Amer TX 63487 449 737 6,860 20.000 930.8

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 20

Page 27: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

CICA Life Ins Co of Amer CO 71463 612 553 47 30.000 8.5

BCS Ins Co OH 38245 23 426 0 00.000 0.0

Investors Heritage Life Ins Co KY 64904 342 -621 00.000 -181.6

American Fidelity Assur Co OK 60410 330 0 -2,857 00.000 N/A

National Guardian Life Ins Co WI 66583 1211 0 1,000 00.000 N/A

13,274,238,292 10,038,310,700 5,159,794TOTAL 75.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 21

Page 28: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 22

Page 29: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

INDIVIDUAL POLICIES ISSUED THROUGH 2012

BY COMPANY NAME

© 2016 National Association of Insurance Commissioners 23

Page 30: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 24

Page 31: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

21st Century Premier Ins Co PA 20796 69 63,372 40,617 390.000 64.1

Ability Ins Co NE 71471 4824 537,377 278,630 1230.004 51.9

Aetna Life Ins Co CT 60054 1 31,302,835 21,606,446 10,6770.236 69.0

Alliance Hlth & Life Ins Co MI 60134 1311 1,216,238 1,010,027 4950.009 83.0

Allianz Life Ins Co Of N Amer MN 90611 761 130,819 173,711 650.001 132.8

American Continental Ins Co TN 12321 1 155,474,156 115,910,780 60,8161.171 74.6

American Family Ins Co OH 10386 473 353,163 276,576 960.003 78.3

American Family Life Assur Co of Col NE 60380 370 24,302,536 17,726,509 7,2440.183 72.9

American Family Life Assur Co of NY NY 60526 370 490,315 368,810 1730.004 75.2

American Family Mut Ins Co WI 19275 473 29,878,235 20,081,640 8,8130.225 67.2

American Fidelity Assur Co OK 60410 330 0 -2,857 00.000 N/A

American Gen Life Ins Co TX 60488 12 1,552,314 1,091,165 4640.012 70.3

American Income Life Ins Co IN 60577 290 363,901 323,483 910.003 88.9

American Natl Ins Co TX 60739 408 116,075 84,950 510.001 73.2

American Progressive L&H Ins Of NY NY 80624 953 13,709,781 9,823,400 4,0500.103 71.7

American Republic Corp Ins Co NE 67679 3527 48,764,289 33,809,346 18,4630.367 69.3

American Republic Ins Co IA 60836 3527 57,195,724 37,042,110 15,9490.431 64.8

Anthem Hlth Plans Inc CT 60217 671 54,633,608 46,249,474 26,6660.412 84.7

Anthem Hlth Plans Of KY Inc KY 95120 671 136,221,851 108,362,270 61,9281.026 79.5

Anthem Hlth Plans of ME Inc ME 52618 671 34,373,642 28,904,941 14,8300.259 84.1

Anthem Hlth Plans of NH NH 53759 671 52,808,095 39,437,560 23,3230.398 74.7

Anthem Hlth Plans of VA Inc VA 71835 671 213,893,073 155,408,477 80,5831.611 72.7

Anthem Ins Co Inc IN 28207 671 119,792,905 86,577,348 41,0520.902 72.3

Assured Life Assn CO 56499 45,264,797 33,569,902 15,4880.341 74.2

Assurity Life Ins Co NE 71439 19,261 43,702 240.000 226.9

Asuris NW Hlth WA 47350 1207 1,757,936 1,295,776 6380.013 73.7

Aultcare Ins Co OH 77216 4805 498,292 357,557 1880.004 71.8

Auto Owners Life Ins Co MI 61190 280 772,933 449,388 2060.006 58.1

Avalon Ins Co PA 12358 1230 1,125,174 816,209 2520.008 72.5

Bankers Conseco Life Ins Co NY 68560 233 2,712,024 1,868,141 9900.020 68.9

Bankers Fidelity Life Ins Co GA 61239 587 57,303,577 39,535,838 22,5910.432 69.0

Bankers Life & Cas Co IL 61263 233 321,222,075 212,240,639 97,6372.420 66.1

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 25

Page 32: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

BCBS of AL AL 55433 570 177,359,098 143,851,510 95,5161.336 81.1

BCBS of AZ Inc AZ 53589 51,840,348 34,194,010 19,8370.391 66.0

BCBS Of FL FL 98167 536 257,723,646 223,824,135 117,6491.942 86.8

BCBS of GA Inc GA 54801 671 116,933,294 91,020,462 43,7000.881 77.8

BCBS of KC MO 47171 537 48,747,501 33,557,034 17,2250.367 68.8

BCBS Of KS Inc KS 70729 430 197,413,549 165,726,188 82,0241.487 83.9

BCBS of MA MA 53228 3637 311,128,049 299,822,412 133,8432.344 96.4

BCBS Of MS Mut Ins Co MS 60111 1126 28,527,354 22,997,360 9,8340.215 80.6

BCBS of NC Inc NC 54631 250,710,721 203,734,922 104,9371.889 81.3

BCBS Of NE NE 77780 91,674,899 73,690,593 32,5510.691 80.4

BCBS of RI RI 53473 37,649,456 29,968,172 16,4790.284 79.6

BCBS Of SC Inc SC 38520 661 104,354,989 66,425,938 38,2230.786 63.7

BCBS of TN Inc TN 54518 3498 96,122,739 68,299,759 28,2840.724 71.1

BCBS of VT VT 53295 4745 8,636,354 7,116,628 3,0770.065 82.4

BCBS of WI WI 54003 671 68,373,639 45,295,485 18,3400.515 66.2

BCBS of WY WY 53767 13,566,281 10,723,975 5,6520.102 79.0

BCBSM Inc MN 55026 461 2,366,993 1,551,974 81,9980.018 65.6

BCS Ins Co OH 38245 23 426 0 00.000 0.0

Blue Care Network Of MI MI 95610 572 18,307,362 13,276,680 6,7090.138 72.5

Blue Cross of ID Hlth Serv Inc ID 60095 1290 15,440,343 12,342,879 5,9710.116 79.9

BridgeSpan Hlth Co UT 95303 1207 747,461 412,657 2660.006 55.2

Capital Advantage Ins Co PA 41203 1230 23,465,050 17,062,960 16,7960.177 72.7

Capital Blue Cross PA 54720 1230 21,256,514 19,740,686 16,7960.160 92.9

Careamerica Life Ins Co CA 71331 2798 1,169 0 20.000 0.0

Carefirst of MD Inc MD 47058 380 125,705,361 88,285,007 38,8560.947 70.2

CDPHP Universal Benefits Inc NY 47027 4708 3,051,185 3,016,332 5330.023 98.9

Celtic Ins Co IL 80799 1295 10,027,652 6,698,119 2,4810.076 66.8

Central Reserve Life Ins Co OH 61727 901 6,583,655 4,108,755 1,6190.050 62.4

Central Security Life Ins Co TX 61735 526 30,019 45,868 180.000 152.8

Central States H & L Co Of Omaha NE 61751 690 11,574,447 7,264,640 3,2780.087 62.8

Central States Ind Co Of Omaha NE 34274 31 20,126,496 15,135,727 10,0900.152 75.2

Central United Life Ins Co AR 61883 1117 983,511 861,430 3740.007 87.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 26

Page 33: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Christian Fidelity Life Ins Co TX 61859 574 33,746,083 21,788,278 8,6770.254 64.6

CICA Life Ins Co of Amer CO 71463 612 553 47 30.000 8.5

Cincinnati Equitable Life Ins Co OH 88064 838 59,578 31,321 240.000 52.6

Cincinnati Life Ins Co OH 76236 244 7,532 11,280 90.000 149.8

Colonial Life & Accident Ins Co SC 62049 565 8,436 2,789 30.000 33.1

Colonial Penn Life Ins Co PA 62065 233 182,943,865 133,699,494 79,7201.378 73.1

Columbian Mut Life Ins Co NY 62103 535 1,737,510 1,325,800 7160.013 76.3

Combined Ins Co Of Amer IL 62146 626 41,150,960 31,274,729 13,5820.310 76.0

Community Ins Co OH 10345 671 56,616,108 40,317,019 25,5720.427 71.2

Communitycare Life & Hlth Ins Co OK 89008 3487 650,549 514,041 2640.005 79.0

Companion Life Ins Co SC 77828 661 304,612 307,019 1110.002 100.8

Compcare Hlth Serv Ins Corp WI 95693 671 417,771 232,471 970.003 55.6

Connecticut Gen Life Ins Co CT 62308 901 1,514,217 1,298,910 5310.011 85.8

Constitution Life Ins Co TX 62359 953 83,361,485 57,639,858 22,1140.628 69.1

Consumers Life Ins Co OH 62375 730 703,431 420,594 2540.005 59.8

Continental Gen Ins Co OH 71404 4852 45,789,899 32,105,784 14,3140.345 70.1

Continental Life Ins Co Brentwood TN 68500 1 132,491,785 120,211,718 52,3610.998 90.7

Country Life Ins Co IL 62553 50 49,987,016 36,072,940 17,5410.377 72.2

Coventry Hlth & Life Ins Co MO 81973 1 5,324,354 3,591,269 1,6630.040 67.4

Coventry Hlth Care of IL Inc IL 74160 1 73,130 63,483 170.001 86.8

CSA Fraternal Life IL 56138 21,751 11,381 90.000 52.3

Dean Hlth Plan Inc WI 96156 1294 25,179,310 21,886,020 17,2200.190 86.9

Empire Healthchoice Assur Inc NY 55093 671 86,963,941 59,391,722 29,3850.655 68.3

EPIC Life Ins Co WI 64149 68 112,061 93,238 500.001 83.2

Equitable Life & Cas Ins Co UT 62952 28,123,228 17,590,953 8,0270.212 62.5

Everence Assn Inc IN 57991 4616 28,410,178 20,853,058 12,8530.214 73.4

Excellus Hlth Plan Inc NY 55107 1186 20,068,098 16,605,279 7,3600.151 82.7

Federal Life Ins Co IL 63223 5,904 10,627 20.000 180.0

Federated Mut Ins Co MN 13935 7 9,899 27,178 70.000 274.6

First Comm Hlth Plan Inc AL 47051 5,360,510 3,130,767 2,5560.040 58.4

First United Amer Life Ins Co NY 74101 290 21,634,643 17,462,425 7,5480.163 80.7

Forethought Life Ins Co IN 91642 3891 42,571,728 32,327,017 20,2830.321 75.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 27

Page 34: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Geisinger Ind Ins Co PA 10244 1143 4,065,631 2,922,597 1,6250.031 71.9

Genworth Life & Ann Ins Co VA 65536 4011 50,406,384 33,447,881 16,6420.380 66.4

Genworth Life Ins Co DE 70025 4011 2,573,047 2,601,099 5750.019 101.1

Gerber Life Ins Co NY 70939 4483 99,540,124 74,627,805 34,1450.750 75.0

Globe Life & Accident Ins Co NE 91472 290 7,224,146 5,775,620 2,9940.054 79.9

Golden Rule Ins Co IN 62286 707 25,195,938 17,524,740 8,9770.190 69.6

Government Personnel Mut Life Ins Co TX 63967 4712 19,490,517 15,105,711 9,2070.147 77.5

Great Amer Life Ins Co OH 63312 84 5,796,243 4,240,810 1,7880.044 73.2

Group Hlth Coop of Eau Claire WI 95192 57,377 22,443 90.000 39.1

Group Hlth Coop of S Central WI WI 95311 2,040,379 2,080,860 8550.015 102.0

Group Hlth Inc NY 55239 1127 4,664,065 3,273,762 1,5000.035 70.2

Group Hlth Options Inc WA 47055 1185 2,522,859 2,088,825 8900.019 82.8

Group Hospitalization & Med Srvcs DC 53007 380 13,302,907 10,988,292 4,7610.100 82.6

Guarantee Trust Life Ins Co IL 64211 687 12,016,548 6,807,942 3,0290.091 56.7

Hartford Life & Accident Ins Co CT 70815 91 3,131 6,521 10.000 208.3

Hartford Life Ins Co CT 88072 91 834,920 460,587 1760.006 55.2

Hawaii Medical Serv Assn HI 49948 187,845 168,205 730.001 89.5

Health Alliance Medical Plans IL 77950 1192 3,301,990 2,153,820 9260.025 65.2

Health Care Serv Corp A Mut Legal Re IL 70670 917 994,131,099 763,327,784 389,1197.489 76.8

Health Net Hlth Plan of OR Inc OR 95800 623 5,599,191 5,544,898 2,2770.042 99.0

Health Net Life Ins Co CA 66141 623 24,660,848 20,225,985 8,7460.186 82.0

Health Now NY Inc NY 55204 5,889,834 4,928,708 2,2120.044 83.7

Health Tradition Hlth Plan WI 96628 3,359,110 2,624,016 1,3120.025 78.1

Healthy Alliance Life Ins Co MO 78972 671 76,165,071 55,017,524 28,8740.574 72.2

Heartland Natl Life Ins Co IN 66214 14,107,664 10,881,790 5,6700.106 77.1

Highmark BCBSD Inc DE 53287 812 8,851,747 5,804,882 2,7430.067 65.6

Highmark Inc PA 54771 812 226,825,829 185,648,495 87,9081.709 81.8

Highmark West Virginia Inc. WV 54828 812 12,209,490 9,384,862 4,5030.092 76.9

HMO dba Blue Plus MN 95649 461 334,119 254,205 1190.003 76.1

Horizon Ins Co NJ 14690 1202 201,408,166 153,001,101 67,8851.517 76.0

HPHC Ins Co Inc MA 18975 595 26,596,162 21,328,186 12,2500.200 80.2

Humana Hlth Benefit Plan of LA Inc LA 95642 119 1,604,074 1,131,354 5280.012 70.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 28

Page 35: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Humana Hlth Ins Co Of FL Inc FL 69671 119 2,878,846 2,237,073 1,3270.022 77.7

Humana Ins Co WI 73288 119 107,923,379 82,527,345 44,1450.813 76.5

Humana Ins Co Of KY KY 60219 119 5,419,716 4,031,739 2,0790.041 74.4

Humana Ins Co of NY NY 12634 119 1,459,634 960,217 5820.011 65.8

Humanadental Ins Co WI 70580 119 212,110 159,339 930.002 75.1

IA Amer Life Ins Co TX 91693 315 97,893 87,864 960.001 89.8

Idealife Ins Co CT 97764 31 1,312,837 964,174 3060.010 73.4

Independence Hospital Ind Plan Inc PA 54704 936 34,752,105 32,077,875 25,4410.262 92.3

Inter Cnty Hlth Plan Inc PA 53252 936 380,954 366,820 1,2000.003 96.3

Inter Cty Hospitalization Plan Inc PA 54763 936 3,329,469 3,149,910 1,2070.025 94.6

Investors Heritage Life Ins Co KY 64904 342 -621 00.000 -181.6

Investors Life Ins Co N Amer TX 63487 449 737 6,860 20.000 930.8

Jackson Natl Life Ins Co MI 65056 918 392,888 426,034 2080.003 108.4

Jefferson Life Ins Co TX 94790 252,764 351,523 1360.002 139.1

Jefferson Natl Life Ins Co TX 64017 4836 1,573,362 1,145,266 4130.012 72.8

John Alden Life Ins Co WI 65080 19 361,228 263,965 1140.003 73.1

Kanawha Ins Co SC 65110 119 923,809 755,826 2850.007 81.8

Kansas City Life Ins Co MO 65129 588 38,970 67,138 140.000 172.3

KSKJ Life Amer Slovenian Catholic Un IL 56227 8,531,514 6,558,902 3,2070.064 76.9

Liberty Natl Life Ins Co NE 65331 290 2,151,428 1,511,834 1,3200.016 70.3

LifeSecure Ins Co MI 77720 572 8,653 19,636 70.000 226.9

LifeWise Hlth Plan of OR Inc OR 84930 962 3,289,839 2,072,537 8020.025 63.0

Lincoln Heritage Life Ins Co IL 65927 6,397,341 3,408,173 1,3110.048 53.3

Louisiana Hlth Serv & Ind Co LA 81200 438 84,868,406 65,206,111 33,1630.639 76.8

Loyal Amer Life Ins Co OH 65722 901 72,273,852 53,010,989 25,0490.544 73.3

Medica Hlth Plans MN 52626 1552 386,200 566,628 730.003 146.7

Medical Hlth Insuring Corp of OH OH 95828 730 36,228 25,459 80.000 70.3

Medical Mut Of OH OH 29076 730 16,476,819 11,722,815 5,4070.124 71.1

Medico Corp Life Ins Co NE 79987 3527 426,403 281,849 1500.003 66.1

Medico Ins Co NE 31119 3527 30,244,969 23,584,820 10,7380.228 78.0

Medico Life & Hlth Ins Co IA 65641 3527 5,841 14,565 50.000 249.4

Medisun Inc AZ 95982 29,331 25,769 100.000 87.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 29

Page 36: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

MercyCare HMO Inc WI 12195 3595 672,644 739,645 5380.005 110.0

Metropolitan Life Ins Co NY 65978 241 1,902 2,458 10.000 129.2

Mid West Natl Life Ins Co Of TN TX 66087 264 24,124 18,876 190.000 78.2

Midwestern United Life Ins Co IN 66109 4832 5,810 9,094 20.000 156.5

Motorists Commercial Mut Ins Co OH 13331 291 2,651 848 10.000 32.0

Mutual Of Omaha Ins Co NE 71412 261 325,479,555 226,005,702 102,7202.452 69.4

National Cas Co WI 11991 140 7,826 6,698 220.000 85.6

National Guardian Life Ins Co WI 66583 1211 0 1,000 00.000 N/A

National Hlth Ins Co TX 82538 2538 12,339 60,074 150.000 486.9

Nationwide Life Ins Co OH 66869 140 9,403,763 6,417,048 2,7850.071 68.2

Natl Foundation Life Ins Co TX 98205 839 74,855 149,488 340.001 199.7

New Era Life Ins Co TX 78743 520 69,755,268 53,323,470 29,3500.525 76.4

New Era Life Ins Co Of Midwest TX 69698 520 35,717,044 28,978,554 17,0890.269 81.1

New W Hlth Serv MT 95829 308,626 186,645 1100.002 60.5

New York Life Ins Co NY 66915 826 2,454,469 1,784,042 6770.018 72.7

Noridian Mut Ins Co ND 55891 69,754,718 56,649,703 27,2490.525 81.2

North Amer Ins Co WI 68349 574 19,003,466 15,450,588 5,5580.143 81.3

Old Amer Ins Co MO 67199 588 4,407 6,558 100.000 148.8

Old Surety Life Ins Co OK 67326 30,313,149 21,012,477 13,9830.228 69.3

Omaha Ins Co NE 13100 261 15,812,749 11,376,521 8,4820.119 71.9

Order of United Commercial Travelers OH 56383 56,646,170 47,087,200 15,7520.427 83.1

Oxford Life Ins Co AZ 76112 574 13,554,642 12,056,671 4,7140.102 88.9

Pacificare Life & Hlth Ins Co IN 70785 707 11,579,757 9,360,540 4,3200.087 80.8

Paramount Ins Co OH 11518 1212 2,631,597 2,056,577 9310.020 78.1

Pekin Life Ins Co IL 67628 153 18,368,292 13,183,386 7,1210.138 71.8

Pennsylvania Life Ins Co PA 67660 4667 6,447,751 3,969,047 1,5260.049 61.6

Philadelphia Amer Life Ins Co TX 67784 520 57,535,185 44,394,520 24,9690.433 77.2

Physicians Life Ins Co NE 72125 367 74,226,338 51,217,521 26,9600.559 69.0

Physicians Mut Ins Co NE 80578 367 114,974,353 74,405,807 40,4080.866 64.7

Physicians Plus Ins Corp WI 95341 2,459,754 1,723,736 9810.019 70.1

Premera Blue Cross WA 47570 962 45,639,065 32,954,347 17,6960.344 72.2

Principal Life Ins Co IA 61271 332 19,620,885 14,972,527 5,6810.148 76.3

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 30

Page 37: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Protective Life Ins Co TN 68136 458 9,248 16,831 80.000 182.0

Provident Amer Ins Co TX 68179 8,959 6,983 70.000 77.9

Provident Amer Life & Hlth Ins Co OH 67903 901 11,415,602 7,876,497 2,8580.086 69.0

Prudential Ins Co Of Amer NJ 68241 304 171,838 232,520 600.001 135.3

Puritan Life Ins Co of Amer TX 71390 4826 7,307,801 5,535,170 1,8820.055 75.7

Pyramid Life Ins Co KS 68284 953 15,488,099 9,610,920 4,0400.117 62.1

Regence BCBS of OR OR 54933 1207 18,432,902 12,205,251 5,9010.139 66.2

Regence BCBS of UT UT 54550 1207 24,389,796 16,219,287 8,7570.184 66.5

Regence BlueShield WA 53902 1207 35,694,401 25,292,410 12,4840.269 70.9

Regence Blueshield Of ID Inc ID 60131 1207 10,424,452 7,504,410 3,7090.079 72.0

Reserve Natl Ins Co OK 68462 215 29,227,190 20,042,360 9,9020.220 68.6

Rocky Mountain Hospital & Medical CO 11011 671 63,650,607 42,886,014 23,8970.480 67.4

Royal Neighbors Of Amer IL 57657 31,540,922 21,628,225 8,6700.238 68.6

Ryder Hlth Plan Inc PR 95743 21,400 24,318 350.000 113.6

Sagicor Life Ins Co TX 60445 50,998 110,766 250.000 217.2

Sanford Hlth Plan SD 95683 1246 3,120,804 2,692,024 1,3100.024 86.3

Sanford Hlth Plan of MN MN 95725 1246 335,613 318,227 1510.003 94.8

Security Hlth Plan of WI Inc WI 96881 4,859,092 3,759,297 1,4420.037 77.4

Security Life Of Denver Ins Co CO 68713 4832 4,111 13,811 30.000 336.0

Sentinel Security Life Ins Co UT 68802 4824 34,394,832 25,328,738 12,6960.259 73.6

Shelter Life Ins Co MO 65757 123 698,897 719,126 3060.005 102.9

Shenandoah Life Ins Co VA 68845 4764 6,553,717 4,359,606 1,4270.049 66.5

Sierra Hlth & Life Ins Co Inc NV 71420 707 14,193,383 11,325,128 4,4980.107 79.8

Southwest Serv Life Ins Co TX 82430 1339 440,537 232,632 950.003 52.8

SPJST TX 57436 505,961 332,402 1500.004 65.7

Standard Life & Accident Ins Co TX 86355 408 56,426,243 39,704,006 21,7920.425 70.4

State Farm Mut Auto Ins Co IL 25178 176 219,657,010 164,857,212 80,7831.655 75.1

State Mut Ins Co GA 69132 18,115,747 12,111,010 4,8270.136 66.9

Sterling Investors Life Ins Co IN 89184 9,424,093 6,520,947 2,1340.071 69.2

Sterling Life Ins Co IL 77399 901 59,855,148 41,605,261 22,9930.451 69.5

The Vt Hlth Plan LLC VT 95696 4745 2,269,893 1,774,449 1,2060.017 78.2

Thrivent Financial For Lutherans WI 56014 2938 57,775,063 39,497,106 20,3050.435 68.4

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 31

Page 38: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Time Ins Co WI 69477 19 310,943 255,106 1040.002 82.0

Transamerica Financial Life Ins Co NY 70688 468 1,143,292 890,752 2600.009 77.9

Transamerica Life Ins Co IA 86231 468 17,707,466 12,953,713 6,3350.133 73.2

Transamerica Premier Life Ins Co IA 66281 468 5,007,592 3,875,628 1,4500.038 77.4

Trustmark Ins Co IL 61425 276 132,383 -59,062 390.001 -44.6

UCare MN MN 52629 4380 165,863 131,543 530.001 79.3

Unicare Life & Hlth Ins Co IN 80314 671 19,967,507 12,299,958 5,9490.150 61.6

Unified Life Ins Co TX 11121 4,486,709 4,639,007 1,5160.034 103.4

Union Fidelity Life Ins Co KS 62596 350 730,325 674,146 2660.006 92.3

Union Labor Life Ins Co MD 69744 781 220,479 468,910 1340.002 212.7

United Amer Ins Co NE 92916 290 185,521,533 126,097,793 57,5631.398 68.0

United Farm Family Life Ins Co IN 69892 542 136,306 164,883 710.001 121.0

United Heritage Life Ins Co ID 63983 2878 5,918 12,839 30.000 216.9

United Hlthcare of AL Inc AL 95784 707 1,641,653 1,414,739 6680.012 86.2

United Hlthcare of AZ Inc AZ 96016 707 28,526 59,464 190.000 208.5

United Natl Life Ins Co Of Amer IL 92703 687 5,795,704 4,880,801 2,2520.044 84.2

United Of Omaha Life Ins Co NE 69868 261 914,146,684 669,829,364 341,4116.887 73.3

United Security Assur Co Of PA PA 42129 80,200 44,136 230.001 55.0

United Teacher Assoc Ins Co TX 63479 4852 41,989,854 28,814,062 11,4600.316 68.6

United World Life Ins Co NE 72850 261 355,642,833 249,635,853 109,1912.679 70.2

UnitedHealthcare Ins Co CT 79413 707 2,456,218,844 1,901,525,356 998,89218.504 77.4

Unity Hlth Plans Ins Corp WI 95796 1,722,532 1,398,308 7820.013 81.2

Universal Fidelity Life Ins Co OK 70122 5,180,793 3,289,210 1,3670.039 63.5

Upmc Hlth Benefits Inc PA 11018 1324 112,556 137,129 560.001 121.8

US Hlth & Life Ins Co Inc MI 97772 22,672 33,148 50.000 146.2

USAA Life Ins Co TX 69663 200 161,532,689 124,967,333 67,9861.217 77.4

USAble Life AR 94358 876 109,147 59,429 220.001 54.4

USAble Mut Ins Co AR 83470 876 197,704,400 154,251,544 84,2481.489 78.0

UTMB Hlth Plans Inc TX 95764 731,461 332,743 2710.006 45.5

Voya Retirement Ins & Ann Co CT 86509 4832 17,872 40,022 70.000 223.9

Washington Natl Ins Co IN 70319 233 65,926,244 44,565,275 18,5250.497 67.6

Wellmark Inc IA 88848 770 279,026,719 223,715,915 111,1962.102 80.2

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 32

Page 39: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Wellmark Of SD Inc SD 60128 770 46,348,652 36,243,979 16,6550.349 78.2

Wilco Life Ins Co IN 65900 4213 1,753,972 1,324,579 5600.013 75.5

Wisconsin Physicians Serv Ins Corp WI 53139 68 98,222,945 58,843,632 31,1400.740 59.9

WMI Mut Ins Co UT 68420 486,968 377,899 1570.004 77.6

WPS Hlth Plan Inc WI 10159 68 266,162 114,137 480.002 42.9

13,274,238,292 10,038,310,700 5,159,794TOTAL 75.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 33

Page 40: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 34

Page 41: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

INDIVIDUAL POLICIES ISSUED IN 2013, 2014 AND 2015

BY DIRECT PREMIUMS EARNED

© 2016 National Association of Insurance Commissioners 35

Page 42: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 36

Page 43: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

2015

2013 2014 2015, ,

June 28, 2016

UnitedHealthcare Ins Co CT 79413 707 620,400,249 473,849,666 351,53710.059 76.4

Health Care Serv Corp A Mut Legal Re IL 70670 917 394,753,281 314,831,009 222,2316.400 79.8

BCBS of MI Mut Ins Co MI 54291 572 289,971,135 460,271,666 198,0224.701 158.7

Mutual Of Omaha Ins Co NE 71412 261 274,369,177 220,008,124 206,8634.448 80.2

Omaha Ins Co NE 13100 261 274,262,366 210,774,666 215,8274.447 76.9

American Continental Ins Co TN 12321 1 226,426,438 181,901,921 138,4423.671 80.3

BCBSM Inc MN 55026 461 215,624,448 172,335,981 81,3523.496 79.9

Continental Life Ins Co Brentwood TN 68500 1 214,821,156 142,285,335 127,5033.483 66.2

Colonial Penn Life Ins Co PA 62065 233 197,127,363 135,680,134 122,7873.196 68.8

American Retirement Life Ins Co OH 88366 901 191,085,173 148,585,276 121,8453.098 77.8

Humana Ins Co WI 73288 119 151,759,050 115,012,925 91,1252.461 75.8

BCBS Of FL FL 98167 536 149,196,196 99,308,111 61,5272.419 66.6

United Of Omaha Life Ins Co NE 69868 261 148,523,449 112,598,001 95,5352.408 75.8

TRH Hlth Ins Co TN 89005 4677 128,403,747 93,195,480 59,0082.082 72.6

BCBS of NC Inc NC 54631 100,857,417 68,553,375 55,4341.635 68.0

Transamerica Life Ins Co IA 86231 468 92,852,637 74,229,865 10,0501.505 79.9

Equitable Life & Cas Ins Co UT 62952 86,709,603 69,701,520 51,6461.406 80.4

BCBS of MA MA 53228 3637 80,855,147 73,460,223 49,4421.311 90.9

USAA Life Ins Co TX 69663 200 80,284,116 58,797,797 47,4831.302 73.2

Wellmark Inc IA 88848 770 76,765,641 65,387,034 52,1471.245 85.2

Horizon Ins Co NJ 14690 1202 69,643,620 70,949,742 30,2531.129 101.9

Aetna Life Ins Co CT 60054 1 65,819,787 47,298,868 27,0681.067 71.9

Anthem Hlth Plans of VA Inc VA 71835 671 62,828,660 44,920,036 38,6451.019 71.5

Loyal Amer Life Ins Co OH 65722 901 62,375,383 48,721,799 32,9011.011 78.1

Physicians Mut Ins Co NE 80578 367 58,666,137 35,750,776 41,4670.951 60.9

Aetna Hlth & Life Ins Co CT 78700 1 58,073,315 41,848,788 61,3330.942 72.1

BCBS of AL AL 55433 570 55,800,132 53,121,751 30,1340.905 95.2

HPHC Ins Co Inc MA 18975 595 55,258,784 41,105,045 27,2870.896 74.4

Family Life Ins Co TX 63053 1117 53,550,200 42,408,259 18,7320.868 79.2

Central States Ind Co Of Omaha NE 34274 31 53,188,550 39,786,034 33,2330.862 74.8

Manhattan Life Ins Co NY 65870 1117 51,656,826 41,023,406 44,1790.838 79.4

United Amer Ins Co NE 92916 290 50,262,324 28,415,324 40,5290.815 56.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 37

Page 44: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

2015

2013 2014 2015, ,

June 28, 2016

State Farm Mut Auto Ins Co IL 25178 176 45,578,656 33,445,691 26,2280.739 73.4

USAble Mut Ins Co AR 83470 876 45,246,052 36,470,193 31,1350.734 80.6

Transamerica Premier Life Ins Co IA 66281 468 43,637,018 40,282,868 73,0250.708 92.3

BCBS Of NE NE 77780 42,942,306 34,646,657 22,7800.696 80.7

Philadelphia Amer Life Ins Co TX 67784 520 42,241,146 32,462,618 28,5320.685 76.9

Highmark Inc PA 54771 812 39,699,460 35,990,023 22,9540.644 90.7

BCBS Of KS Inc KS 70729 430 36,167,969 29,555,012 23,9810.586 81.7

BCBS of AZ Inc AZ 53589 35,925,950 26,153,457 17,4840.582 72.8

BCBS Of SC Inc SC 38520 661 34,297,927 23,765,638 20,0040.556 69.3

Health Net Life Ins Co CA 66141 623 33,246,773 24,217,615 14,7810.539 72.8

Anthem Hlth Plans Of KY Inc KY 95120 671 33,237,045 22,540,069 17,6180.539 67.8

Carefirst of MD Inc MD 47058 380 31,509,181 23,796,719 17,2380.511 75.5

BCBS of GA Inc GA 54801 671 30,126,243 23,147,097 14,9240.488 76.8

Regence BlueShield WA 53902 1207 29,025,958 22,334,603 15,3190.471 76.9

Oxford Life Ins Co AZ 76112 574 27,917,755 24,897,590 17,9990.453 89.2

American Family Life Assur Co of Col NE 60380 370 27,501,280 24,825,893 13,5830.446 90.3

Sterling Life Ins Co IL 77399 901 27,177,368 18,628,389 12,0590.441 68.5

New Era Life Ins Co TX 78743 520 25,910,754 20,444,359 18,5510.420 78.9

Medico Ins Co NE 31119 3527 25,615,739 20,118,713 16,3530.415 78.5

Medico Corp Life Ins Co NE 79987 3527 25,334,435 17,391,787 25,0140.411 68.6

BCBS of TN Inc TN 54518 3498 24,352,974 17,519,558 20,5380.395 71.9

Triple S Salud Inc PR 55816 4802 24,107,584 16,100,009 17,5910.391 66.8

Wisconsin Physicians Serv Ins Corp WI 53139 68 23,775,800 17,178,854 11,6110.385 72.3

Premera Blue Cross WA 47570 962 22,790,862 16,368,614 12,4850.370 71.8

Forethought Life Ins Co IN 91642 3891 22,681,795 17,041,327 12,4870.368 75.1

Bankers Fidelity Life Ins Co GA 61239 587 22,420,113 15,253,590 13,7160.364 68.0

Louisiana Hlth Serv & Ind Co LA 81200 438 22,068,423 18,792,896 11,1240.358 85.2

Community Ins Co OH 10345 671 20,996,154 14,278,959 7,9090.340 68.0

Priority Hlth MI 95561 3383 20,630,354 14,558,242 10,5600.334 70.6

Anthem Ins Co Inc IN 28207 671 19,979,717 14,328,629 9,4890.324 71.7

Combined Ins Co Of Amer IL 62146 626 19,632,791 15,883,281 12,2470.318 80.9

Rocky Mountain Hospital & Medical CO 11011 671 18,288,542 12,557,539 10,1140.297 68.7

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 38

Page 45: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

2015

2013 2014 2015, ,

June 28, 2016

American Republic Ins Co IA 60836 3527 17,933,292 12,911,580 10,8590.291 72.0

Gerber Life Ins Co NY 70939 4483 17,290,589 13,634,663 8,1400.280 78.9

Avera Hlth Plans Inc SD 95839 16,410,668 11,191,590 9,9210.266 68.2

Old Surety Life Ins Co OK 67326 15,421,798 9,881,757 10,3470.250 64.1

Anthem Hlth Plans Inc CT 60217 671 14,072,513 10,867,472 6,6870.228 77.2

Government Personnel Mut Life Ins Co TX 63967 4712 13,924,833 11,269,954 8,3520.226 80.9

New Era Life Ins Co Of Midwest TX 69698 520 13,844,310 12,206,137 8,0670.224 88.2

Noridian Mut Ins Co ND 55891 13,759,466 10,684,110 8,7910.223 77.6

Healthy Alliance Life Ins Co MO 78972 671 13,742,202 10,024,217 6,5310.223 72.9

Tufts Ins Co Inc MA 60117 4742 13,194,331 11,974,550 7,3440.214 90.8

BCBS of KC MO 47171 537 13,023,792 10,393,205 6,0060.211 79.8

Blue Care Network Of MI MI 95610 572 12,871,870 8,625,292 6,2640.209 67.0

United World Life Ins Co NE 72850 261 12,041,132 9,071,552 4,0190.195 75.3

Medical Mut Of OH OH 29076 730 11,859,910 8,112,222 7,6630.192 68.4

Thrivent Financial For Lutherans WI 56014 2938 11,737,802 7,146,791 8,0400.190 60.9

Humana Ins Co of NY NY 12634 119 11,719,426 7,907,509 6,0500.190 67.5

Anthem Hlth Plans of NH NH 53759 671 11,710,930 8,028,012 6,1530.190 68.6

Reserve Natl Ins Co OK 68462 215 11,304,655 8,244,786 7,5350.183 72.9

Everence Assn Inc IN 57991 4616 10,627,470 6,542,411 5,9410.172 61.6

Regence BCBS of UT UT 54550 1207 10,222,749 8,355,626 6,1380.166 81.7

Dean Hlth Plan Inc WI 96156 1294 9,764,864 8,309,598 9,4790.158 85.1

Anthem Hlth Plans of ME Inc ME 52618 671 9,137,168 7,851,633 5,4230.148 85.9

Wellmark Of SD Inc SD 60128 770 9,067,467 6,903,083 5,6230.147 76.1

Standard Life & Accident Ins Co TX 86355 408 8,736,231 6,903,638 9,6250.142 79.0

Individual Assur Co Life Hlth & Acc OK 81779 8,691,797 6,051,657 13,8420.141 69.6

Group Hospitalization & Med Srvcs DC 53007 380 8,622,185 6,730,258 5,3860.140 78.1

First United Amer Life Ins Co NY 74101 290 8,128,494 7,710,590 14,7310.132 94.9

Humana Hlth Ins Co Of FL Inc FL 69671 119 8,039,408 5,235,521 4,5110.130 65.1

BCBS of WI WI 54003 671 7,937,478 5,700,475 6,5090.129 71.8

Asuris NW Hlth WA 47350 1207 7,816,396 6,413,634 4,1440.127 82.1

CDPHP Universal Benefits Inc NY 47027 4708 7,680,391 11,938,027 4,0590.125 155.4

Amerihealth Ins Co Of NJ NJ 60061 936 7,464,996 5,988,597 4,0090.121 80.2

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 39

Page 46: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

2015

2013 2014 2015, ,

June 28, 2016

Pekin Life Ins Co IL 67628 153 7,290,079 5,096,806 4,4510.118 69.9

Heartland Natl Life Ins Co IN 66214 6,969,358 5,492,866 2,9890.113 78.8

The Vt Hlth Plan LLC VT 95696 4745 6,153,811 5,126,712 3,7790.100 83.3

Country Life Ins Co IL 62553 50 6,093,931 3,521,798 4,1450.099 57.8

American Republic Corp Ins Co NE 67679 3527 5,851,610 3,822,299 2,9880.095 65.3

Fallon Hlth & Life Assur Co MA 66828 4741 5,571,463 5,794,939 2,1230.090 104.0

Humanadental Ins Co WI 70580 119 5,177,882 4,191,167 4,0640.084 80.9

Independence Hospital Ind Plan Inc PA 54704 936 5,062,011 6,490,622 4,3650.082 128.2

Highmark BCBSD Inc DE 53287 812 4,830,595 3,769,631 2,6820.078 78.0

Regence BCBS of OR OR 54933 1207 4,727,325 5,460,537 2,4570.077 115.5

BCBS of WY WY 53767 4,725,477 3,306,656 3,1640.077 70.0

BCBS Of MS Mut Ins Co MS 60111 1126 4,724,675 5,394,833 2,6330.077 114.2

Assured Life Assn CO 56499 4,708,850 3,568,132 2,4970.076 75.8

Humana Ins Co Of KY KY 60219 119 4,134,020 3,124,019 2,3730.067 75.6

Sterling Investors Life Ins Co IN 89184 4,003,649 3,159,306 1,5060.065 78.9

Universal Fidelity Life Ins Co OK 70122 3,873,398 3,020,581 2,0570.063 78.0

Capital Advantage Ins Co PA 41203 1230 3,684,146 2,533,871 4,1220.060 68.8

Bankers Conseco Life Ins Co NY 68560 233 3,661,264 2,840,580 2,2770.059 77.6

Highmark West Virginia Inc. WV 54828 812 3,541,085 3,229,562 2,0000.057 91.2

Sentinel Security Life Ins Co UT 68802 4824 3,365,954 2,601,982 2,1260.055 77.3

CSI Life Ins Co NE 82880 31 3,357,169 1,879,786 4,5610.054 56.0

Genworth Life & Ann Ins Co VA 65536 4011 3,286,037 2,100,541 1,5930.053 63.9

First Hlth Life & Hlth Ins Co TX 90328 1 3,145,462 2,381,944 1,4210.051 75.7

Empire Healthchoice Assur Inc NY 55093 671 2,787,161 3,108,968 1,3030.045 111.5

BCBS of RI RI 53473 2,764,477 2,200,467 1,2110.045 79.6

Excellus Hlth Plan Inc NY 55107 1186 2,663,336 3,266,449 1,1640.043 122.6

Continental Gen Ins Co OH 71404 4852 2,574,122 2,055,791 1,2480.042 79.9

Capital Blue Cross PA 54720 1230 2,491,127 2,395,091 2,1420.040 96.1

THP Ins Co WV 60016 1297 2,315,477 1,622,157 14,2960.038 70.1

First Comm Hlth Plan Inc AL 47051 2,118,687 2,021,068 1,3130.034 95.4

Companion Life Ins Co SC 77828 661 2,072,332 1,560,863 1,4870.034 75.3

Qualchoice Life & Hlth Ins Co Inc AR 70998 4807 2,069,749 2,017,572 1,7430.034 97.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 40

Page 47: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

2015

2013 2014 2015, ,

June 28, 2016

Globe Life & Accident Ins Co NE 91472 290 2,049,584 1,707,251 1,7270.033 83.3

Humana Hlth Benefit Plan of LA Inc LA 95642 119 1,893,441 1,355,334 9910.031 71.6

Blue Cross of ID Hlth Serv Inc ID 60095 1290 1,866,456 1,451,145 7980.030 77.7

Unity Hlth Plans Ins Corp WI 95796 1,720,209 1,346,898 1,0150.028 78.3

Health Alliance Medical Plans IL 77950 1192 1,583,719 1,094,285 5320.026 69.1

Avalon Ins Co PA 12358 1230 1,544,910 1,292,314 3270.025 83.6

KSKJ Life Amer Slovenian Catholic Un IL 56227 1,468,970 1,057,986 9620.024 72.0

Regence Blueshield Of ID Inc ID 60131 1207 1,390,202 1,054,380 7230.023 75.8

United Natl Life Ins Co Of Amer IL 92703 687 1,328,898 1,242,264 6700.022 93.5

Bankers Fidelity Assur Co GA 71919 587 1,271,275 588,184 1,6970.021 46.3

Group Hlth Inc NY 55239 1127 1,244,648 1,668,157 4240.020 134.0

New W Hlth Serv MT 95829 1,227,549 940,772 7170.020 76.6

Alliance Hlth & Life Ins Co MI 60134 1311 1,113,734 924,901 4440.018 83.0

MercyCare HMO Inc WI 12195 3595 981,852 839,654 8690.016 85.5

Standard Life & Cas Ins Co UT 71706 964,096 667,473 1,0860.016 69.2

Health Now NY Inc NY 55204 898,551 1,686,220 3520.015 187.7

Group Hlth Coop of S Central WI WI 95311 898,143 855,432 4660.015 95.2

Health Tradition Hlth Plan WI 96628 843,587 687,709 4580.014 81.5

Gundersen Hlth Plan Inc WI 95101 4751 756,609 614,832 5350.012 81.3

State Mut Ins Co GA 69132 709,675 523,912 6100.012 73.8

Liberty Natl Life Ins Co NE 65331 290 675,391 423,819 4930.011 62.8

Columbian Mut Life Ins Co NY 62103 535 618,074 439,157 2570.010 71.1

Sanford Hlth Plan SD 95683 1246 579,952 552,970 4450.009 95.3

Shenandoah Life Ins Co VA 68845 4764 569,952 406,099 8910.009 71.3

Physicians Plus Ins Corp WI 95341 560,982 388,819 3330.009 69.3

Order of United Commercial Travelers OH 56383 520,719 229,240 2740.008 44.0

Western Catholic Union IL 57711 489,680 369,105 4680.008 75.4

Paramount Ins Co OH 11518 1212 432,179 270,749 1880.007 62.6

Christian Fidelity Life Ins Co TX 61859 574 419,279 317,469 1980.007 75.7

HNE Ins Co MA 14198 4756 362,583 304,039 2310.006 83.9

BCBS of VT VT 53295 4745 336,331 371,111 1430.005 110.3

Security Hlth Plan of WI Inc WI 96881 328,146 377,022 3030.005 114.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 41

Page 48: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

2015

2013 2014 2015, ,

June 28, 2016

Communitycare Life & Hlth Ins Co OK 89008 3487 323,803 254,771 1390.005 78.7

Loyal Christian Benefit Assn PA 56758 280,825 203,167 3060.005 72.3

LifeWise Hlth Plan of OR Inc OR 84930 962 170,963 394,770 860.003 230.9

Genworth Life Ins Co DE 70025 4011 169,758 530,800 310.003 312.7

Group Hlth Options Inc WA 47055 1185 158,353 145,648 920.003 92.0

Summa Ins Co Inc OH 10649 3259 147,893 114,716 570.002 77.6

Royal Neighbors Of Amer IL 57657 142,058 99,079 560.002 69.7

Coventry Hlth & Life Ins Co MO 81973 1 138,856 100,971 760.002 72.7

Health First Ins Inc FL 14140 4740 115,036 98,238 370.002 85.4

Constitution Life Ins Co TX 62359 953 99,229 97,324 340.002 98.1

Upmc Hlth Benefits Inc PA 11018 1324 67,689 138,183 370.001 204.1

EPIC Life Ins Co WI 64149 68 62,331 52,954 320.001 85.0

Pacificsource Hlth Plans OR 54976 4704 57,402 44,557 280.001 77.6

Geisinger Ind Ins Co PA 10244 1143 39,277 28,235 260.001 71.9

Members Hlth Ins Co AZ 94587 4677 29,418 32,874 220.000 111.7

WMI Mut Ins Co UT 68420 27,612 8,878 110.000 32.2

United Hlthcare of AL Inc AL 95784 707 25,071 21,990 110.000 87.7

American Progressive L&H Ins Of NY NY 80624 953 20,392 9,521 80.000 46.7

Greek Catholic Union Of The USA PA 56693 20,248 12,034 1,0500.000 59.4

Hometown Hlth Providers Ins Co NV 48305 4791 17,882 1,989 130.000 11.1

Sanford Hlth Plan of MN MN 95725 1246 17,126 8,658 80.000 50.6

Humana Benefit Plan of IL Inc IL 60052 119 15,785 22,626 110.000 143.3

Polish Falcons Of Amer PA 56820 14,355 10,827 330.000 75.4

Sierra Hlth & Life Ins Co Inc NV 71420 707 12,861 2,005 50.000 15.6

Pacificare Life & Hlth Ins Co IN 70785 707 10,946 1,598 50.000 14.6

Washington Natl Ins Co IN 70319 233 10,396 15,809 50.000 152.1

Cigna Hlth & Life Ins Co CT 67369 901 5,903 9,388 40.000 159.0

Central States H & L Co Of Omaha NE 61751 690 5,404 398 10.000 7.4

Celtic Ins Co IL 80799 1295 4,217 1,135 10.000 26.9

Pyramid Life Ins Co KS 68284 953 2,956 -29 10.000 -1.0

Americo Fin Life & Ann Ins Co TX 61999 449 1,837 83 100.000 4.5

American Natl Life Ins Co Of TX TX 71773 408 316 230 20.000 72.8

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 42

Page 49: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERSMEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

2015

2013 2014 2015, ,

June 28, 2016

Guarantee Trust Life Ins Co IL 64211 687 192 0 20.000 0.0

6,167,697,729 4,970,574,298 3,735,336TOTAL 80.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 43

Page 50: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 44

Page 51: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

INDIVIDUAL POLICIES ISSUED IN 2013, 2014 AND 2015

BY COMPANY NAME

© 2016 National Association of Insurance Commissioners 45

Page 52: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 46

Page 53: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2013 2014 2015, ,

Aetna Hlth & Life Ins Co CT 78700 1 58,073,315 41,848,788 61,3330.942 72.1

Aetna Life Ins Co CT 60054 1 65,819,787 47,298,868 27,0681.067 71.9

Alliance Hlth & Life Ins Co MI 60134 1311 1,113,734 924,901 4440.018 83.0

American Continental Ins Co TN 12321 1 226,426,438 181,901,921 138,4423.671 80.3

American Family Life Assur Co of Col NE 60380 370 27,501,280 24,825,893 13,5830.446 90.3

American Natl Life Ins Co Of TX TX 71773 408 316 230 20.000 72.8

American Progressive L&H Ins Of NY NY 80624 953 20,392 9,521 80.000 46.7

American Republic Corp Ins Co NE 67679 3527 5,851,610 3,822,299 2,9880.095 65.3

American Republic Ins Co IA 60836 3527 17,933,292 12,911,580 10,8590.291 72.0

American Retirement Life Ins Co OH 88366 901 191,085,173 148,585,276 121,8453.098 77.8

Americo Fin Life & Ann Ins Co TX 61999 449 1,837 83 100.000 4.5

Amerihealth Ins Co Of NJ NJ 60061 936 7,464,996 5,988,597 4,0090.121 80.2

Anthem Hlth Plans Inc CT 60217 671 14,072,513 10,867,472 6,6870.228 77.2

Anthem Hlth Plans Of KY Inc KY 95120 671 33,237,045 22,540,069 17,6180.539 67.8

Anthem Hlth Plans of ME Inc ME 52618 671 9,137,168 7,851,633 5,4230.148 85.9

Anthem Hlth Plans of NH NH 53759 671 11,710,930 8,028,012 6,1530.190 68.6

Anthem Hlth Plans of VA Inc VA 71835 671 62,828,660 44,920,036 38,6451.019 71.5

Anthem Ins Co Inc IN 28207 671 19,979,717 14,328,629 9,4890.324 71.7

Assured Life Assn CO 56499 4,708,850 3,568,132 2,4970.076 75.8

Asuris NW Hlth WA 47350 1207 7,816,396 6,413,634 4,1440.127 82.1

Avalon Ins Co PA 12358 1230 1,544,910 1,292,314 3270.025 83.6

Avera Hlth Plans Inc SD 95839 16,410,668 11,191,590 9,9210.266 68.2

Bankers Conseco Life Ins Co NY 68560 233 3,661,264 2,840,580 2,2770.059 77.6

Bankers Fidelity Assur Co GA 71919 587 1,271,275 588,184 1,6970.021 46.3

Bankers Fidelity Life Ins Co GA 61239 587 22,420,113 15,253,590 13,7160.364 68.0

BCBS of AL AL 55433 570 55,800,132 53,121,751 30,1340.905 95.2

BCBS of AZ Inc AZ 53589 35,925,950 26,153,457 17,4840.582 72.8

BCBS Of FL FL 98167 536 149,196,196 99,308,111 61,5272.419 66.6

BCBS of GA Inc GA 54801 671 30,126,243 23,147,097 14,9240.488 76.8

BCBS of KC MO 47171 537 13,023,792 10,393,205 6,0060.211 79.8

BCBS Of KS Inc KS 70729 430 36,167,969 29,555,012 23,9810.586 81.7

BCBS of MA MA 53228 3637 80,855,147 73,460,223 49,4421.311 90.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 47

Page 54: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2013 2014 2015, ,

BCBS of MI Mut Ins Co MI 54291 572 289,971,135 460,271,666 198,0224.701 158.7

BCBS Of MS Mut Ins Co MS 60111 1126 4,724,675 5,394,833 2,6330.077 114.2

BCBS of NC Inc NC 54631 100,857,417 68,553,375 55,4341.635 68.0

BCBS Of NE NE 77780 42,942,306 34,646,657 22,7800.696 80.7

BCBS of RI RI 53473 2,764,477 2,200,467 1,2110.045 79.6

BCBS Of SC Inc SC 38520 661 34,297,927 23,765,638 20,0040.556 69.3

BCBS of TN Inc TN 54518 3498 24,352,974 17,519,558 20,5380.395 71.9

BCBS of VT VT 53295 4745 336,331 371,111 1430.005 110.3

BCBS of WI WI 54003 671 7,937,478 5,700,475 6,5090.129 71.8

BCBS of WY WY 53767 4,725,477 3,306,656 3,1640.077 70.0

BCBSM Inc MN 55026 461 215,624,448 172,335,981 81,3523.496 79.9

Blue Care Network Of MI MI 95610 572 12,871,870 8,625,292 6,2640.209 67.0

Blue Cross of ID Hlth Serv Inc ID 60095 1290 1,866,456 1,451,145 7980.030 77.7

Capital Advantage Ins Co PA 41203 1230 3,684,146 2,533,871 4,1220.060 68.8

Capital Blue Cross PA 54720 1230 2,491,127 2,395,091 2,1420.040 96.1

Carefirst of MD Inc MD 47058 380 31,509,181 23,796,719 17,2380.511 75.5

CDPHP Universal Benefits Inc NY 47027 4708 7,680,391 11,938,027 4,0590.125 155.4

Celtic Ins Co IL 80799 1295 4,217 1,135 10.000 26.9

Central States H & L Co Of Omaha NE 61751 690 5,404 398 10.000 7.4

Central States Ind Co Of Omaha NE 34274 31 53,188,550 39,786,034 33,2330.862 74.8

Christian Fidelity Life Ins Co TX 61859 574 419,279 317,469 1980.007 75.7

Cigna Hlth & Life Ins Co CT 67369 901 5,903 9,388 40.000 159.0

Colonial Penn Life Ins Co PA 62065 233 197,127,363 135,680,134 122,7873.196 68.8

Columbian Mut Life Ins Co NY 62103 535 618,074 439,157 2570.010 71.1

Combined Ins Co Of Amer IL 62146 626 19,632,791 15,883,281 12,2470.318 80.9

Community Ins Co OH 10345 671 20,996,154 14,278,959 7,9090.340 68.0

Communitycare Life & Hlth Ins Co OK 89008 3487 323,803 254,771 1390.005 78.7

Companion Life Ins Co SC 77828 661 2,072,332 1,560,863 1,4870.034 75.3

Constitution Life Ins Co TX 62359 953 99,229 97,324 340.002 98.1

Continental Gen Ins Co OH 71404 4852 2,574,122 2,055,791 1,2480.042 79.9

Continental Life Ins Co Brentwood TN 68500 1 214,821,156 142,285,335 127,5033.483 66.2

Country Life Ins Co IL 62553 50 6,093,931 3,521,798 4,1450.099 57.8

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 48

Page 55: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2013 2014 2015, ,

Coventry Hlth & Life Ins Co MO 81973 1 138,856 100,971 760.002 72.7

CSI Life Ins Co NE 82880 31 3,357,169 1,879,786 4,5610.054 56.0

Dean Hlth Plan Inc WI 96156 1294 9,764,864 8,309,598 9,4790.158 85.1

Empire Healthchoice Assur Inc NY 55093 671 2,787,161 3,108,968 1,3030.045 111.5

EPIC Life Ins Co WI 64149 68 62,331 52,954 320.001 85.0

Equitable Life & Cas Ins Co UT 62952 86,709,603 69,701,520 51,6461.406 80.4

Everence Assn Inc IN 57991 4616 10,627,470 6,542,411 5,9410.172 61.6

Excellus Hlth Plan Inc NY 55107 1186 2,663,336 3,266,449 1,1640.043 122.6

Fallon Hlth & Life Assur Co MA 66828 4741 5,571,463 5,794,939 2,1230.090 104.0

Family Life Ins Co TX 63053 1117 53,550,200 42,408,259 18,7320.868 79.2

First Comm Hlth Plan Inc AL 47051 2,118,687 2,021,068 1,3130.034 95.4

First Hlth Life & Hlth Ins Co TX 90328 1 3,145,462 2,381,944 1,4210.051 75.7

First United Amer Life Ins Co NY 74101 290 8,128,494 7,710,590 14,7310.132 94.9

Forethought Life Ins Co IN 91642 3891 22,681,795 17,041,327 12,4870.368 75.1

Geisinger Ind Ins Co PA 10244 1143 39,277 28,235 260.001 71.9

Genworth Life & Ann Ins Co VA 65536 4011 3,286,037 2,100,541 1,5930.053 63.9

Genworth Life Ins Co DE 70025 4011 169,758 530,800 310.003 312.7

Gerber Life Ins Co NY 70939 4483 17,290,589 13,634,663 8,1400.280 78.9

Globe Life & Accident Ins Co NE 91472 290 2,049,584 1,707,251 1,7270.033 83.3

Government Personnel Mut Life Ins Co TX 63967 4712 13,924,833 11,269,954 8,3520.226 80.9

Greek Catholic Union Of The USA PA 56693 20,248 12,034 1,0500.000 59.4

Group Hlth Coop of S Central WI WI 95311 898,143 855,432 4660.015 95.2

Group Hlth Inc NY 55239 1127 1,244,648 1,668,157 4240.020 134.0

Group Hlth Options Inc WA 47055 1185 158,353 145,648 920.003 92.0

Group Hospitalization & Med Srvcs DC 53007 380 8,622,185 6,730,258 5,3860.140 78.1

Guarantee Trust Life Ins Co IL 64211 687 192 0 20.000 0.0

Gundersen Hlth Plan Inc WI 95101 4751 756,609 614,832 5350.012 81.3

Health Alliance Medical Plans IL 77950 1192 1,583,719 1,094,285 5320.026 69.1

Health Care Serv Corp A Mut Legal Re IL 70670 917 394,753,281 314,831,009 222,2316.400 79.8

Health First Ins Inc FL 14140 4740 115,036 98,238 370.002 85.4

Health Net Life Ins Co CA 66141 623 33,246,773 24,217,615 14,7810.539 72.8

Health Now NY Inc NY 55204 898,551 1,686,220 3520.015 187.7

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 49

Page 56: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2013 2014 2015, ,

Health Tradition Hlth Plan WI 96628 843,587 687,709 4580.014 81.5

Healthy Alliance Life Ins Co MO 78972 671 13,742,202 10,024,217 6,5310.223 72.9

Heartland Natl Life Ins Co IN 66214 6,969,358 5,492,866 2,9890.113 78.8

Highmark BCBSD Inc DE 53287 812 4,830,595 3,769,631 2,6820.078 78.0

Highmark Inc PA 54771 812 39,699,460 35,990,023 22,9540.644 90.7

Highmark West Virginia Inc. WV 54828 812 3,541,085 3,229,562 2,0000.057 91.2

HNE Ins Co MA 14198 4756 362,583 304,039 2310.006 83.9

Hometown Hlth Providers Ins Co NV 48305 4791 17,882 1,989 130.000 11.1

Horizon Ins Co NJ 14690 1202 69,643,620 70,949,742 30,2531.129 101.9

HPHC Ins Co Inc MA 18975 595 55,258,784 41,105,045 27,2870.896 74.4

Humana Benefit Plan of IL Inc IL 60052 119 15,785 22,626 110.000 143.3

Humana Hlth Benefit Plan of LA Inc LA 95642 119 1,893,441 1,355,334 9910.031 71.6

Humana Hlth Ins Co Of FL Inc FL 69671 119 8,039,408 5,235,521 4,5110.130 65.1

Humana Ins Co WI 73288 119 151,759,050 115,012,925 91,1252.461 75.8

Humana Ins Co Of KY KY 60219 119 4,134,020 3,124,019 2,3730.067 75.6

Humana Ins Co of NY NY 12634 119 11,719,426 7,907,509 6,0500.190 67.5

Humanadental Ins Co WI 70580 119 5,177,882 4,191,167 4,0640.084 80.9

Independence Hospital Ind Plan Inc PA 54704 936 5,062,011 6,490,622 4,3650.082 128.2

Individual Assur Co Life Hlth & Acc OK 81779 8,691,797 6,051,657 13,8420.141 69.6

KSKJ Life Amer Slovenian Catholic Un IL 56227 1,468,970 1,057,986 9620.024 72.0

Liberty Natl Life Ins Co NE 65331 290 675,391 423,819 4930.011 62.8

LifeWise Hlth Plan of OR Inc OR 84930 962 170,963 394,770 860.003 230.9

Louisiana Hlth Serv & Ind Co LA 81200 438 22,068,423 18,792,896 11,1240.358 85.2

Loyal Amer Life Ins Co OH 65722 901 62,375,383 48,721,799 32,9011.011 78.1

Loyal Christian Benefit Assn PA 56758 280,825 203,167 3060.005 72.3

Manhattan Life Ins Co NY 65870 1117 51,656,826 41,023,406 44,1790.838 79.4

Medical Mut Of OH OH 29076 730 11,859,910 8,112,222 7,6630.192 68.4

Medico Corp Life Ins Co NE 79987 3527 25,334,435 17,391,787 25,0140.411 68.6

Medico Ins Co NE 31119 3527 25,615,739 20,118,713 16,3530.415 78.5

Members Hlth Ins Co AZ 94587 4677 29,418 32,874 220.000 111.7

MercyCare HMO Inc WI 12195 3595 981,852 839,654 8690.016 85.5

Mutual Of Omaha Ins Co NE 71412 261 274,369,177 220,008,124 206,8634.448 80.2

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 50

Page 57: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2013 2014 2015, ,

New Era Life Ins Co TX 78743 520 25,910,754 20,444,359 18,5510.420 78.9

New Era Life Ins Co Of Midwest TX 69698 520 13,844,310 12,206,137 8,0670.224 88.2

New W Hlth Serv MT 95829 1,227,549 940,772 7170.020 76.6

Noridian Mut Ins Co ND 55891 13,759,466 10,684,110 8,7910.223 77.6

Old Surety Life Ins Co OK 67326 15,421,798 9,881,757 10,3470.250 64.1

Omaha Ins Co NE 13100 261 274,262,366 210,774,666 215,8274.447 76.9

Order of United Commercial Travelers OH 56383 520,719 229,240 2740.008 44.0

Oxford Life Ins Co AZ 76112 574 27,917,755 24,897,590 17,9990.453 89.2

Pacificare Life & Hlth Ins Co IN 70785 707 10,946 1,598 50.000 14.6

Pacificsource Hlth Plans OR 54976 4704 57,402 44,557 280.001 77.6

Paramount Ins Co OH 11518 1212 432,179 270,749 1880.007 62.6

Pekin Life Ins Co IL 67628 153 7,290,079 5,096,806 4,4510.118 69.9

Philadelphia Amer Life Ins Co TX 67784 520 42,241,146 32,462,618 28,5320.685 76.9

Physicians Mut Ins Co NE 80578 367 58,666,137 35,750,776 41,4670.951 60.9

Physicians Plus Ins Corp WI 95341 560,982 388,819 3330.009 69.3

Polish Falcons Of Amer PA 56820 14,355 10,827 330.000 75.4

Premera Blue Cross WA 47570 962 22,790,862 16,368,614 12,4850.370 71.8

Priority Hlth MI 95561 3383 20,630,354 14,558,242 10,5600.334 70.6

Pyramid Life Ins Co KS 68284 953 2,956 -29 10.000 -1.0

Qualchoice Life & Hlth Ins Co Inc AR 70998 4807 2,069,749 2,017,572 1,7430.034 97.5

Regence BCBS of OR OR 54933 1207 4,727,325 5,460,537 2,4570.077 115.5

Regence BCBS of UT UT 54550 1207 10,222,749 8,355,626 6,1380.166 81.7

Regence BlueShield WA 53902 1207 29,025,958 22,334,603 15,3190.471 76.9

Regence Blueshield Of ID Inc ID 60131 1207 1,390,202 1,054,380 7230.023 75.8

Reserve Natl Ins Co OK 68462 215 11,304,655 8,244,786 7,5350.183 72.9

Rocky Mountain Hospital & Medical CO 11011 671 18,288,542 12,557,539 10,1140.297 68.7

Royal Neighbors Of Amer IL 57657 142,058 99,079 560.002 69.7

Sanford Hlth Plan SD 95683 1246 579,952 552,970 4450.009 95.3

Sanford Hlth Plan of MN MN 95725 1246 17,126 8,658 80.000 50.6

Security Hlth Plan of WI Inc WI 96881 328,146 377,022 3030.005 114.9

Sentinel Security Life Ins Co UT 68802 4824 3,365,954 2,601,982 2,1260.055 77.3

Shenandoah Life Ins Co VA 68845 4764 569,952 406,099 8910.009 71.3

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 51

Page 58: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2013 2014 2015, ,

Sierra Hlth & Life Ins Co Inc NV 71420 707 12,861 2,005 50.000 15.6

Standard Life & Accident Ins Co TX 86355 408 8,736,231 6,903,638 9,6250.142 79.0

Standard Life & Cas Ins Co UT 71706 964,096 667,473 1,0860.016 69.2

State Farm Mut Auto Ins Co IL 25178 176 45,578,656 33,445,691 26,2280.739 73.4

State Mut Ins Co GA 69132 709,675 523,912 6100.012 73.8

Sterling Investors Life Ins Co IN 89184 4,003,649 3,159,306 1,5060.065 78.9

Sterling Life Ins Co IL 77399 901 27,177,368 18,628,389 12,0590.441 68.5

Summa Ins Co Inc OH 10649 3259 147,893 114,716 570.002 77.6

The Vt Hlth Plan LLC VT 95696 4745 6,153,811 5,126,712 3,7790.100 83.3

THP Ins Co WV 60016 1297 2,315,477 1,622,157 14,2960.038 70.1

Thrivent Financial For Lutherans WI 56014 2938 11,737,802 7,146,791 8,0400.190 60.9

Transamerica Life Ins Co IA 86231 468 92,852,637 74,229,865 10,0501.505 79.9

Transamerica Premier Life Ins Co IA 66281 468 43,637,018 40,282,868 73,0250.708 92.3

TRH Hlth Ins Co TN 89005 4677 128,403,747 93,195,480 59,0082.082 72.6

Triple S Salud Inc PR 55816 4802 24,107,584 16,100,009 17,5910.391 66.8

Tufts Ins Co Inc MA 60117 4742 13,194,331 11,974,550 7,3440.214 90.8

United Amer Ins Co NE 92916 290 50,262,324 28,415,324 40,5290.815 56.5

United Hlthcare of AL Inc AL 95784 707 25,071 21,990 110.000 87.7

United Natl Life Ins Co Of Amer IL 92703 687 1,328,898 1,242,264 6700.022 93.5

United Of Omaha Life Ins Co NE 69868 261 148,523,449 112,598,001 95,5352.408 75.8

United World Life Ins Co NE 72850 261 12,041,132 9,071,552 4,0190.195 75.3

UnitedHealthcare Ins Co CT 79413 707 620,400,249 473,849,666 351,53710.059 76.4

Unity Hlth Plans Ins Corp WI 95796 1,720,209 1,346,898 1,0150.028 78.3

Universal Fidelity Life Ins Co OK 70122 3,873,398 3,020,581 2,0570.063 78.0

Upmc Hlth Benefits Inc PA 11018 1324 67,689 138,183 370.001 204.1

USAA Life Ins Co TX 69663 200 80,284,116 58,797,797 47,4831.302 73.2

USAble Mut Ins Co AR 83470 876 45,246,052 36,470,193 31,1350.734 80.6

Washington Natl Ins Co IN 70319 233 10,396 15,809 50.000 152.1

Wellmark Inc IA 88848 770 76,765,641 65,387,034 52,1471.245 85.2

Wellmark Of SD Inc SD 60128 770 9,067,467 6,903,083 5,6230.147 76.1

Western Catholic Union IL 57711 489,680 369,105 4680.008 75.4

Wisconsin Physicians Serv Ins Corp WI 53139 68 23,775,800 17,178,854 11,6110.385 72.3

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 52

Page 59: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

INDIVIDUAL POLICIES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2013 2014 2015, ,

WMI Mut Ins Co UT 68420 27,612 8,878 110.000 32.2

6,167,697,729 4,970,574,298 3,735,336TOTAL 80.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 53

Page 60: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 54

Page 61: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

TOTAL INDIVIDUAL POLICIES

BY DIRECT PREMIUMS EARNED

© 2016 National Association of Insurance Commissioners 55

Page 62: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 56

Page 63: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

UnitedHealthcare Ins Co CT 79413 707 3,076,619,093 2,375,375,022 1,350,42915.825 77.2

Health Care Serv Corp A Mut Legal Re IL 70670 917 1,388,884,380 1,078,158,793 611,3507.144 77.6

United Of Omaha Life Ins Co NE 69868 261 1,062,670,133 782,427,365 436,9465.466 73.6

Mutual Of Omaha Ins Co NE 71412 261 599,848,732 446,013,826 309,5833.085 74.4

BCBS Of FL FL 98167 536 406,919,842 323,132,246 179,1762.093 79.4

BCBS of MA MA 53228 3637 391,983,196 373,282,635 183,2852.016 95.2

American Continental Ins Co TN 12321 1 381,900,594 297,812,701 199,2581.964 78.0

Colonial Penn Life Ins Co PA 62065 233 380,071,228 269,379,628 202,5071.955 70.9

United World Life Ins Co NE 72850 261 367,683,965 258,707,405 113,2101.891 70.4

Wellmark Inc IA 88848 770 355,792,360 289,102,949 163,3431.830 81.3

BCBS of NC Inc NC 54631 351,568,138 272,288,297 160,3711.808 77.4

Continental Life Ins Co Brentwood TN 68500 1 347,312,941 262,497,053 179,8641.786 75.6

Bankers Life & Cas Co IL 61263 233 321,222,075 212,240,639 97,6371.652 66.1

Omaha Ins Co NE 13100 261 290,075,115 222,151,187 224,3091.492 76.6

BCBS of MI Mut Ins Co MI 54291 572 289,971,135 460,271,666 198,0221.491 158.7

Anthem Hlth Plans of VA Inc VA 71835 671 276,721,733 200,328,513 119,2281.423 72.4

Horizon Ins Co NJ 14690 1202 271,051,786 223,950,843 98,1381.394 82.6

Highmark Inc PA 54771 812 266,525,289 221,638,518 110,8621.371 83.2

State Farm Mut Auto Ins Co IL 25178 176 265,235,666 198,302,903 107,0111.364 74.8

Humana Ins Co WI 73288 119 259,682,429 197,540,270 135,2701.336 76.1

USAble Mut Ins Co AR 83470 876 242,950,452 190,721,737 115,3831.250 78.5

USAA Life Ins Co TX 69663 200 241,816,805 183,765,130 115,4691.244 76.0

United Amer Ins Co NE 92916 290 235,783,857 154,513,117 98,0921.213 65.5

BCBS Of KS Inc KS 70729 430 233,581,518 195,281,200 106,0051.201 83.6

BCBS of AL AL 55433 570 233,159,230 196,973,261 125,6501.199 84.5

BCBSM Inc MN 55026 461 217,991,441 173,887,955 163,3501.121 79.8

American Retirement Life Ins Co OH 88366 901 191,085,173 148,585,276 121,8450.983 77.8

Physicians Mut Ins Co NE 80578 367 173,640,490 110,156,583 81,8750.893 63.4

Anthem Hlth Plans Of KY Inc KY 95120 671 169,458,896 130,902,339 79,5460.872 77.2

Carefirst of MD Inc MD 47058 380 157,214,542 112,081,726 56,0940.809 71.3

BCBS of GA Inc GA 54801 671 147,059,537 114,167,559 58,6240.756 77.6

Anthem Ins Co Inc IN 28207 671 139,772,622 100,905,977 50,5410.719 72.2

BCBS Of SC Inc SC 38520 661 138,652,916 90,191,576 58,2270.713 65.0

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 57

Page 64: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Loyal Amer Life Ins Co OH 65722 901 134,649,235 101,732,788 57,9500.693 75.6

BCBS Of NE NE 77780 134,617,205 108,337,250 55,3310.692 80.5

TRH Hlth Ins Co TN 89005 4677 128,403,747 93,195,480 59,0080.660 72.6

Wisconsin Physicians Serv Ins Corp WI 53139 68 121,998,745 76,022,486 42,7510.628 62.3

BCBS of TN Inc TN 54518 3498 120,475,713 85,819,317 48,8220.620 71.2

Gerber Life Ins Co NY 70939 4483 116,830,713 88,262,468 42,2850.601 75.5

Equitable Life & Cas Ins Co UT 62952 114,832,831 87,292,473 59,6730.591 76.0

Transamerica Life Ins Co IA 86231 468 110,560,103 87,183,578 16,3850.569 78.9

Louisiana Hlth Serv & Ind Co LA 81200 438 106,936,829 83,999,007 44,2870.550 78.6

Philadelphia Amer Life Ins Co TX 67784 520 99,776,331 76,857,138 53,5010.513 77.0

Aetna Life Ins Co CT 60054 1 97,122,622 68,905,314 37,7450.500 70.9

New Era Life Ins Co TX 78743 520 95,666,022 73,767,829 47,9010.492 77.1

Healthy Alliance Life Ins Co MO 78972 671 89,907,273 65,041,741 35,4050.462 72.3

Empire Healthchoice Assur Inc NY 55093 671 89,751,102 62,500,690 30,6880.462 69.6

BCBS of AZ Inc AZ 53589 87,766,298 60,347,467 37,3210.451 68.8

Sterling Life Ins Co IL 77399 901 87,032,516 60,233,650 35,0520.448 69.2

Noridian Mut Ins Co ND 55891 83,514,184 67,333,813 36,0400.430 80.6

Constitution Life Ins Co TX 62359 953 83,460,714 57,737,182 22,1480.429 69.2

Rocky Mountain Hospital & Medical CO 11011 671 81,939,149 55,443,553 34,0110.421 67.7

HPHC Ins Co Inc MA 18975 595 81,854,946 62,433,231 39,5370.421 76.3

Bankers Fidelity Life Ins Co GA 61239 587 79,723,690 54,789,428 36,3070.410 68.7

Community Ins Co OH 10345 671 77,612,262 54,595,978 33,4810.399 70.3

BCBS of WI WI 54003 671 76,311,117 50,995,960 24,8490.393 66.8

American Republic Ins Co IA 60836 3527 75,129,016 49,953,690 26,8080.386 66.5

Physicians Life Ins Co NE 72125 367 74,226,338 51,217,521 26,9600.382 69.0

Central States Ind Co Of Omaha NE 34274 31 73,315,046 54,921,761 43,3230.377 74.9

Thrivent Financial For Lutherans WI 56014 2938 69,512,865 46,643,897 28,3450.358 67.1

Anthem Hlth Plans Inc CT 60217 671 68,706,121 57,116,946 33,3530.353 83.1

Premera Blue Cross WA 47570 962 68,429,927 49,322,961 30,1810.352 72.1

Washington Natl Ins Co IN 70319 233 65,936,640 44,581,084 18,5300.339 67.6

Forethought Life Ins Co IN 91642 3891 65,253,523 49,368,344 32,7700.336 75.7

Standard Life & Accident Ins Co TX 86355 408 65,162,474 46,607,644 31,4170.335 71.5

Regence BlueShield WA 53902 1207 64,720,359 47,627,013 27,8030.333 73.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 58

Page 65: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Anthem Hlth Plans of NH NH 53759 671 64,519,025 47,465,572 29,4760.332 73.6

BCBS of KC MO 47171 537 61,771,293 43,950,239 23,2310.318 71.1

Combined Ins Co Of Amer IL 62146 626 60,783,751 47,158,010 25,8290.313 77.6

Aetna Hlth & Life Ins Co CT 78700 1 58,073,315 41,848,788 61,3330.299 72.1

Health Net Life Ins Co CA 66141 623 57,907,621 44,443,600 23,5270.298 76.7

Order of United Commercial Travelers OH 56383 57,166,889 47,316,440 16,0260.294 82.8

Country Life Ins Co IL 62553 50 56,080,947 39,594,738 21,6860.288 70.6

Medico Ins Co NE 31119 3527 55,860,708 43,703,533 27,0910.287 78.2

Wellmark Of SD Inc SD 60128 770 55,416,119 43,147,062 22,2780.285 77.9

American Republic Corp Ins Co NE 67679 3527 54,615,899 37,631,645 21,4510.281 68.9

Genworth Life & Ann Ins Co VA 65536 4011 53,692,421 35,548,422 18,2350.276 66.2

Family Life Ins Co TX 63053 1117 53,550,200 42,408,259 18,7320.275 79.2

American Family Life Assur Co of Col NE 60380 370 51,803,816 42,552,402 20,8270.266 82.1

Manhattan Life Ins Co NY 65870 1117 51,656,826 41,023,406 44,1790.266 79.4

Assured Life Assn CO 56499 49,973,647 37,138,034 17,9850.257 74.3

New Era Life Ins Co Of Midwest TX 69698 520 49,561,354 41,184,691 25,1560.255 83.1

Transamerica Premier Life Ins Co IA 66281 468 48,644,610 44,158,496 74,4750.250 90.8

Continental Gen Ins Co OH 71404 4852 48,364,021 34,161,575 15,5620.249 70.6

Old Surety Life Ins Co OK 67326 45,734,947 30,894,234 24,3300.235 67.6

Anthem Hlth Plans of ME Inc ME 52618 671 43,510,810 36,756,574 20,2530.224 84.5

United Teacher Assoc Ins Co TX 63479 4852 41,989,854 28,814,062 11,4600.216 68.6

Oxford Life Ins Co AZ 76112 574 41,472,397 36,954,261 22,7130.213 89.1

Reserve Natl Ins Co OK 68462 215 40,531,845 28,287,146 17,4370.208 69.8

BCBS of RI RI 53473 40,413,933 32,168,639 17,6900.208 79.6

Independence Hospital Ind Plan Inc PA 54704 936 39,814,116 38,568,497 29,8060.205 96.9

Everence Assn Inc IN 57991 4616 39,037,648 27,395,469 18,7940.201 70.2

Sentinel Security Life Ins Co UT 68802 4824 37,760,786 27,930,720 14,8220.194 74.0

Dean Hlth Plan Inc WI 96156 1294 34,944,174 30,195,618 26,6990.180 86.4

Regence BCBS of UT UT 54550 1207 34,612,545 24,574,913 14,8950.178 71.0

Christian Fidelity Life Ins Co TX 61859 574 34,165,362 22,105,747 8,8750.176 64.7

Government Personnel Mut Life Ins Co TX 63967 4712 33,415,350 26,375,665 17,5590.172 78.9

BCBS Of MS Mut Ins Co MS 60111 1126 33,252,029 28,392,193 12,4670.171 85.4

Royal Neighbors Of Amer IL 57657 31,682,980 21,727,304 8,7260.163 68.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 59

Page 66: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Blue Care Network Of MI MI 95610 572 31,179,232 21,901,972 12,9730.160 70.2

American Family Mut Ins Co WI 19275 473 29,878,235 20,081,640 8,8130.154 67.2

First United Amer Life Ins Co NY 74101 290 29,763,137 25,173,015 22,2790.153 84.6

Medical Mut Of OH OH 29076 730 28,336,729 19,835,037 13,0700.146 70.0

Capital Advantage Ins Co PA 41203 1230 27,149,196 19,596,831 20,9180.140 72.2

Medico Corp Life Ins Co NE 79987 3527 25,760,838 17,673,636 25,1640.133 68.6

Pekin Life Ins Co IL 67628 153 25,658,371 18,280,192 11,5720.132 71.2

Golden Rule Ins Co IN 62286 707 25,195,938 17,524,740 8,9770.130 69.6

Triple S Salud Inc PR 55816 4802 24,107,584 16,100,009 17,5910.124 66.8

Capital Blue Cross PA 54720 1230 23,747,641 22,135,777 18,9380.122 93.2

Regence BCBS of OR OR 54933 1207 23,160,227 17,665,788 8,3580.119 76.3

Excellus Hlth Plan Inc NY 55107 1186 22,731,434 19,871,728 8,5240.117 87.4

Group Hospitalization & Med Srvcs DC 53007 380 21,925,092 17,718,550 10,1470.113 80.8

Heartland Natl Life Ins Co IN 66214 21,077,022 16,374,656 8,6590.108 77.7

Priority Hlth MI 95561 3383 20,630,354 14,558,242 10,5600.106 70.6

Unicare Life & Hlth Ins Co IN 80314 671 19,967,507 12,299,958 5,9490.103 61.6

Principal Life Ins Co IA 61271 332 19,620,885 14,972,527 5,6810.101 76.3

North Amer Ins Co WI 68349 574 19,003,466 15,450,588 5,5580.098 81.3

State Mut Ins Co GA 69132 18,825,422 12,634,922 5,4370.097 67.1

BCBS of WY WY 53767 18,291,758 14,030,631 8,8160.094 76.7

Blue Cross of ID Hlth Serv Inc ID 60095 1290 17,306,799 13,794,024 6,7690.089 79.7

Avera Hlth Plans Inc SD 95839 16,410,668 11,191,590 9,9210.084 68.2

Highmark West Virginia Inc. WV 54828 812 15,750,575 12,614,424 6,5030.081 80.1

Pyramid Life Ins Co KS 68284 953 15,491,055 9,610,891 4,0410.080 62.0

Sierra Hlth & Life Ins Co Inc NV 71420 707 14,206,244 11,327,133 4,5030.073 79.7

American Progressive L&H Ins Of NY NY 80624 953 13,730,173 9,832,921 4,0580.071 71.6

Highmark BCBSD Inc DE 53287 812 13,682,342 9,574,513 5,4250.070 70.0

Sterling Investors Life Ins Co IN 89184 13,427,742 9,680,253 3,6400.069 72.1

Tufts Ins Co Inc MA 60117 4742 13,194,331 11,974,550 7,3440.068 90.8

Humana Ins Co of NY NY 12634 119 13,179,060 8,867,726 6,6320.068 67.3

Guarantee Trust Life Ins Co IL 64211 687 12,016,740 6,807,942 3,0310.062 56.7

Regence Blueshield Of ID Inc ID 60131 1207 11,814,654 8,558,790 4,4320.061 72.4

Pacificare Life & Hlth Ins Co IN 70785 707 11,590,703 9,362,138 4,3250.060 80.8

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 60

Page 67: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Central States H & L Co Of Omaha NE 61751 690 11,579,851 7,265,038 3,2790.060 62.7

Provident Amer Life & Hlth Ins Co OH 67903 901 11,415,602 7,876,497 2,8580.059 69.0

Humana Hlth Ins Co Of FL Inc FL 69671 119 10,918,254 7,472,594 5,8380.056 68.4

CDPHP Universal Benefits Inc NY 47027 4708 10,731,576 14,954,359 4,5920.055 139.3

Celtic Ins Co IL 80799 1295 10,031,869 6,699,254 2,4820.052 66.8

KSKJ Life Amer Slovenian Catholic Un IL 56227 10,000,484 7,616,888 4,1690.051 76.2

Asuris NW Hlth WA 47350 1207 9,574,332 7,709,410 4,7820.049 80.5

Humana Ins Co Of KY KY 60219 119 9,553,736 7,155,758 4,4520.049 74.9

Nationwide Life Ins Co OH 66869 140 9,403,763 6,417,048 2,7850.048 68.2

Globe Life & Accident Ins Co NE 91472 290 9,273,730 7,482,871 4,7210.048 80.7

Universal Fidelity Life Ins Co OK 70122 9,054,191 6,309,791 3,4240.047 69.7

BCBS of VT VT 53295 4745 8,972,685 7,487,739 3,2200.046 83.5

Individual Assur Co Life Hlth & Acc OK 81779 8,691,797 6,051,657 13,8420.045 69.6

The Vt Hlth Plan LLC VT 95696 4745 8,423,704 6,901,161 4,9850.043 81.9

First Comm Hlth Plan Inc AL 47051 7,479,197 5,151,835 3,8690.038 68.9

Amerihealth Ins Co Of NJ NJ 60061 936 7,464,996 5,988,597 4,0090.038 80.2

Puritan Life Ins Co of Amer TX 71390 4826 7,307,801 5,535,170 1,8820.038 75.7

United Natl Life Ins Co Of Amer IL 92703 687 7,124,602 6,123,065 2,9220.037 85.9

Shenandoah Life Ins Co VA 68845 4764 7,123,669 4,765,705 2,3180.037 66.9

Health Now NY Inc NY 55204 6,788,385 6,614,928 2,5640.035 97.4

Central Reserve Life Ins Co OH 61727 901 6,583,655 4,108,755 1,6190.034 62.4

Pennsylvania Life Ins Co PA 67660 4667 6,447,751 3,969,047 1,5260.033 61.6

Lincoln Heritage Life Ins Co IL 65927 6,397,341 3,408,173 1,3110.033 53.3

Bankers Conseco Life Ins Co NY 68560 233 6,373,288 4,708,721 3,2670.033 73.9

Group Hlth Inc NY 55239 1127 5,908,713 4,941,919 1,9240.030 83.6

Great Amer Life Ins Co OH 63312 84 5,796,243 4,240,810 1,7880.030 73.2

Health Net Hlth Plan of OR Inc OR 95800 623 5,599,191 5,544,898 2,2770.029 99.0

Fallon Hlth & Life Assur Co MA 66828 4741 5,571,463 5,794,939 2,1230.029 104.0

Coventry Hlth & Life Ins Co MO 81973 1 5,463,210 3,692,240 1,7390.028 67.6

Humanadental Ins Co WI 70580 119 5,389,992 4,350,506 4,1570.028 80.7

Security Hlth Plan of WI Inc WI 96881 5,187,238 4,136,319 1,7450.027 79.7

Health Alliance Medical Plans IL 77950 1192 4,885,709 3,248,105 1,4580.025 66.5

Unified Life Ins Co TX 11121 4,486,709 4,639,007 1,5160.023 103.4

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 61

Page 68: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Health Tradition Hlth Plan WI 96628 4,202,697 3,311,725 1,7700.022 78.8

Geisinger Ind Ins Co PA 10244 1143 4,104,908 2,950,832 1,6510.021 71.9

Sanford Hlth Plan SD 95683 1246 3,700,756 3,244,994 1,7550.019 87.7

Humana Hlth Benefit Plan of LA Inc LA 95642 119 3,497,515 2,486,688 1,5190.018 71.1

LifeWise Hlth Plan of OR Inc OR 84930 962 3,460,802 2,467,307 8880.018 71.3

Unity Hlth Plans Ins Corp WI 95796 3,442,741 2,745,206 1,7970.018 79.7

CSI Life Ins Co NE 82880 31 3,357,169 1,879,786 4,5610.017 56.0

Inter Cty Hospitalization Plan Inc PA 54763 936 3,329,469 3,149,910 1,2070.017 94.6

First Hlth Life & Hlth Ins Co TX 90328 1 3,145,462 2,381,944 1,4210.016 75.7

Paramount Ins Co OH 11518 1212 3,063,776 2,327,326 1,1190.016 76.0

Physicians Plus Ins Corp WI 95341 3,020,736 2,112,555 1,3140.016 69.9

Group Hlth Coop of S Central WI WI 95311 2,938,522 2,936,292 1,3210.015 99.9

Liberty Natl Life Ins Co NE 65331 290 2,826,819 1,935,653 1,8130.015 68.5

Genworth Life Ins Co DE 70025 4011 2,742,805 3,131,899 6060.014 114.2

Group Hlth Options Inc WA 47055 1185 2,681,212 2,234,473 9820.014 83.3

Avalon Ins Co PA 12358 1230 2,670,084 2,108,523 5790.014 79.0

New York Life Ins Co NY 66915 826 2,454,469 1,784,042 6770.013 72.7

Companion Life Ins Co SC 77828 661 2,376,944 1,867,882 1,5980.012 78.6

Columbian Mut Life Ins Co NY 62103 535 2,355,584 1,764,957 9730.012 74.9

Alliance Hlth & Life Ins Co MI 60134 1311 2,329,972 1,934,928 9390.012 83.0

THP Ins Co WV 60016 1297 2,315,477 1,622,157 14,2960.012 70.1

Qualchoice Life & Hlth Ins Co Inc AR 70998 4807 2,069,749 2,017,572 1,7430.011 97.5

Wilco Life Ins Co IN 65900 4213 1,753,972 1,324,579 5600.009 75.5

United Hlthcare of AL Inc AL 95784 707 1,666,724 1,436,729 6790.009 86.2

MercyCare HMO Inc WI 12195 3595 1,654,496 1,579,299 1,4070.009 95.5

Jefferson Natl Life Ins Co TX 64017 4836 1,573,362 1,145,266 4130.008 72.8

American Gen Life Ins Co TX 60488 12 1,552,314 1,091,165 4640.008 70.3

New W Hlth Serv MT 95829 1,536,175 1,127,417 8270.008 73.4

Connecticut Gen Life Ins Co CT 62308 901 1,514,217 1,298,910 5310.008 85.8

Idealife Ins Co CT 97764 31 1,312,837 964,174 3060.007 73.4

Bankers Fidelity Assur Co GA 71919 587 1,271,275 588,184 1,6970.007 46.3

Transamerica Financial Life Ins Co NY 70688 468 1,143,292 890,752 2600.006 77.9

Central United Life Ins Co AR 61883 1117 983,511 861,430 3740.005 87.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 62

Page 69: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Communitycare Life & Hlth Ins Co OK 89008 3487 974,352 768,812 4030.005 78.9

Standard Life & Cas Ins Co UT 71706 964,096 667,473 1,0860.005 69.2

Kanawha Ins Co SC 65110 119 923,809 755,826 2850.005 81.8

Hartford Life Ins Co CT 88072 91 834,920 460,587 1760.004 55.2

Auto Owners Life Ins Co MI 61190 280 772,933 449,388 2060.004 58.1

Gundersen Hlth Plan Inc WI 95101 4751 756,609 614,832 5350.004 81.3

BridgeSpan Hlth Co UT 95303 1207 747,461 412,657 2660.004 55.2

UTMB Hlth Plans Inc TX 95764 731,461 332,743 2710.004 45.5

Union Fidelity Life Ins Co KS 62596 350 730,325 674,146 2660.004 92.3

Consumers Life Ins Co OH 62375 730 703,431 420,594 2540.004 59.8

Shelter Life Ins Co MO 65757 123 698,897 719,126 3060.004 102.9

Ability Ins Co NE 71471 4824 537,377 278,630 1230.003 51.9

WMI Mut Ins Co UT 68420 514,580 386,777 1680.003 75.2

SPJST TX 57436 505,961 332,402 1500.003 65.7

Aultcare Ins Co OH 77216 4805 498,292 357,557 1880.003 71.8

American Family Life Assur Co of NY NY 60526 370 490,315 368,810 1730.003 75.2

Western Catholic Union IL 57711 489,680 369,105 4680.003 75.4

Southwest Serv Life Ins Co TX 82430 1339 440,537 232,632 950.002 52.8

Compcare Hlth Serv Ins Corp WI 95693 671 417,771 232,471 970.002 55.6

Jackson Natl Life Ins Co MI 65056 918 392,888 426,034 2080.002 108.4

Medica Hlth Plans MN 52626 1552 386,200 566,628 730.002 146.7

Inter Cnty Hlth Plan Inc PA 53252 936 380,954 366,820 1,2000.002 96.3

American Income Life Ins Co IN 60577 290 363,901 323,483 910.002 88.9

HNE Ins Co MA 14198 4756 362,583 304,039 2310.002 83.9

John Alden Life Ins Co WI 65080 19 361,228 263,965 1140.002 73.1

American Family Ins Co OH 10386 473 353,163 276,576 960.002 78.3

Sanford Hlth Plan of MN MN 95725 1246 352,739 326,885 1590.002 92.7

HMO dba Blue Plus MN 95649 461 334,119 254,205 1190.002 76.1

Time Ins Co WI 69477 19 310,943 255,106 1040.002 82.0

Loyal Christian Benefit Assn PA 56758 280,825 203,167 3060.001 72.3

WPS Hlth Plan Inc WI 10159 68 266,162 114,137 480.001 42.9

Jefferson Life Ins Co TX 94790 252,764 351,523 1360.001 139.1

Union Labor Life Ins Co MD 69744 781 220,479 468,910 1340.001 212.7

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 63

Page 70: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Hawaii Medical Serv Assn HI 49948 187,845 168,205 730.001 89.5

Upmc Hlth Benefits Inc PA 11018 1324 180,245 275,312 930.001 152.7

EPIC Life Ins Co WI 64149 68 174,392 146,192 820.001 83.8

Prudential Ins Co Of Amer NJ 68241 304 171,838 232,520 600.001 135.3

UCare MN MN 52629 4380 165,863 131,543 530.001 79.3

Summa Ins Co Inc OH 10649 3259 147,893 114,716 570.001 77.6

United Farm Family Life Ins Co IN 69892 542 136,306 164,883 710.001 121.0

Trustmark Ins Co IL 61425 276 132,383 -59,062 390.001 -44.6

Allianz Life Ins Co Of N Amer MN 90611 761 130,819 173,711 650.001 132.8

American Natl Ins Co TX 60739 408 116,075 84,950 510.001 73.2

Health First Ins Inc FL 14140 4740 115,036 98,238 370.001 85.4

USAble Life AR 94358 876 109,147 59,429 220.001 54.4

IA Amer Life Ins Co TX 91693 315 97,893 87,864 960.001 89.8

United Security Assur Co Of PA PA 42129 80,200 44,136 230.000 55.0

Natl Foundation Life Ins Co TX 98205 839 74,855 149,488 340.000 199.7

Coventry Hlth Care of IL Inc IL 74160 1 73,130 63,483 170.000 86.8

21st Century Premier Ins Co PA 20796 69 63,372 40,617 390.000 64.1

Cincinnati Equitable Life Ins Co OH 88064 838 59,578 31,321 240.000 52.6

Pacificsource Hlth Plans OR 54976 4704 57,402 44,557 280.000 77.6

Group Hlth Coop of Eau Claire WI 95192 57,377 22,443 90.000 39.1

Sagicor Life Ins Co TX 60445 50,998 110,766 250.000 217.2

Kansas City Life Ins Co MO 65129 588 38,970 67,138 140.000 172.3

Medical Hlth Insuring Corp of OH OH 95828 730 36,228 25,459 80.000 70.3

Central Security Life Ins Co TX 61735 526 30,019 45,868 180.000 152.8

Members Hlth Ins Co AZ 94587 4677 29,418 32,874 220.000 111.7

Medisun Inc AZ 95982 29,331 25,769 100.000 87.9

United Hlthcare of AZ Inc AZ 96016 707 28,526 59,464 190.000 208.5

Mid West Natl Life Ins Co Of TN TX 66087 264 24,124 18,876 190.000 78.2

US Hlth & Life Ins Co Inc MI 97772 22,672 33,148 50.000 146.2

CSA Fraternal Life IL 56138 21,751 11,381 90.000 52.3

Ryder Hlth Plan Inc PR 95743 21,400 24,318 350.000 113.6

Greek Catholic Union Of The USA PA 56693 20,248 12,034 1,0500.000 59.4

Assurity Life Ins Co NE 71439 19,261 43,702 240.000 226.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 64

Page 71: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Hometown Hlth Providers Ins Co NV 48305 4791 17,882 1,989 130.000 11.1

Voya Retirement Ins & Ann Co CT 86509 4832 17,872 40,022 70.000 223.9

Humana Benefit Plan of IL Inc IL 60052 119 15,785 22,626 110.000 143.3

Polish Falcons Of Amer PA 56820 14,355 10,827 330.000 75.4

National Hlth Ins Co TX 82538 2538 12,339 60,074 150.000 486.9

Federated Mut Ins Co MN 13935 7 9,899 27,178 70.000 274.6

Protective Life Ins Co TN 68136 458 9,248 16,831 80.000 182.0

Provident Amer Ins Co TX 68179 8,959 6,983 70.000 77.9

LifeSecure Ins Co MI 77720 572 8,653 19,636 70.000 226.9

Colonial Life & Accident Ins Co SC 62049 565 8,436 2,789 30.000 33.1

National Cas Co WI 11991 140 7,826 6,698 220.000 85.6

Cincinnati Life Ins Co OH 76236 244 7,532 11,280 90.000 149.8

United Heritage Life Ins Co ID 63983 2878 5,918 12,839 30.000 216.9

Federal Life Ins Co IL 63223 5,904 10,627 20.000 180.0

Cigna Hlth & Life Ins Co CT 67369 901 5,903 9,388 40.000 159.0

Medico Life & Hlth Ins Co IA 65641 3527 5,841 14,565 50.000 249.4

Midwestern United Life Ins Co IN 66109 4832 5,810 9,094 20.000 156.5

Old Amer Ins Co MO 67199 588 4,407 6,558 100.000 148.8

Security Life Of Denver Ins Co CO 68713 4832 4,111 13,811 30.000 336.0

Hartford Life & Accident Ins Co CT 70815 91 3,131 6,521 10.000 208.3

Motorists Commercial Mut Ins Co OH 13331 291 2,651 848 10.000 32.0

Metropolitan Life Ins Co NY 65978 241 1,902 2,458 10.000 129.2

Americo Fin Life & Ann Ins Co TX 61999 449 1,837 83 100.000 4.5

Careamerica Life Ins Co CA 71331 2798 1,169 0 20.000 0.0

Investors Life Ins Co N Amer TX 63487 449 737 6,860 20.000 930.8

CICA Life Ins Co of Amer CO 71463 612 553 47 30.000 8.5

BCS Ins Co OH 38245 23 426 0 00.000 0.0

Investors Heritage Life Ins Co KY 64904 342 -621 00.000 -181.6

American Natl Life Ins Co Of TX TX 71773 408 316 230 20.000 72.8

National Guardian Life Ins Co WI 66583 1211 0 1,000 00.000 N/A

American Fidelity Assur Co OK 60410 330 0 -2,857 00.000 N/A

19,441,936,021 15,008,884,998 8,895,130TOTAL 77.2

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 65

Page 72: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 66

Page 73: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

TOTAL INDIVIDUAL POLICIES

BY COMPANY NAME

© 2016 National Association of Insurance Commissioners 67

Page 74: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 68

Page 75: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

21st Century Premier Ins Co PA 20796 69 63,372 40,617 390.000 64.1

Ability Ins Co NE 71471 4824 537,377 278,630 1230.003 51.9

Aetna Hlth & Life Ins Co CT 78700 1 58,073,315 41,848,788 61,3330.299 72.1

Aetna Life Ins Co CT 60054 1 97,122,622 68,905,314 37,7450.500 70.9

Alliance Hlth & Life Ins Co MI 60134 1311 2,329,972 1,934,928 9390.012 83.0

Allianz Life Ins Co Of N Amer MN 90611 761 130,819 173,711 650.001 132.8

American Continental Ins Co TN 12321 1 381,900,594 297,812,701 199,2581.964 78.0

American Family Ins Co OH 10386 473 353,163 276,576 960.002 78.3

American Family Life Assur Co of Col NE 60380 370 51,803,816 42,552,402 20,8270.266 82.1

American Family Life Assur Co of NY NY 60526 370 490,315 368,810 1730.003 75.2

American Family Mut Ins Co WI 19275 473 29,878,235 20,081,640 8,8130.154 67.2

American Fidelity Assur Co OK 60410 330 0 -2,857 00.000 N/A

American Gen Life Ins Co TX 60488 12 1,552,314 1,091,165 4640.008 70.3

American Income Life Ins Co IN 60577 290 363,901 323,483 910.002 88.9

American Natl Ins Co TX 60739 408 116,075 84,950 510.001 73.2

American Natl Life Ins Co Of TX TX 71773 408 316 230 20.000 72.8

American Progressive L&H Ins Of NY NY 80624 953 13,730,173 9,832,921 4,0580.071 71.6

American Republic Corp Ins Co NE 67679 3527 54,615,899 37,631,645 21,4510.281 68.9

American Republic Ins Co IA 60836 3527 75,129,016 49,953,690 26,8080.386 66.5

American Retirement Life Ins Co OH 88366 901 191,085,173 148,585,276 121,8450.983 77.8

Americo Fin Life & Ann Ins Co TX 61999 449 1,837 83 100.000 4.5

Amerihealth Ins Co Of NJ NJ 60061 936 7,464,996 5,988,597 4,0090.038 80.2

Anthem Hlth Plans Inc CT 60217 671 68,706,121 57,116,946 33,3530.353 83.1

Anthem Hlth Plans Of KY Inc KY 95120 671 169,458,896 130,902,339 79,5460.872 77.2

Anthem Hlth Plans of ME Inc ME 52618 671 43,510,810 36,756,574 20,2530.224 84.5

Anthem Hlth Plans of NH NH 53759 671 64,519,025 47,465,572 29,4760.332 73.6

Anthem Hlth Plans of VA Inc VA 71835 671 276,721,733 200,328,513 119,2281.423 72.4

Anthem Ins Co Inc IN 28207 671 139,772,622 100,905,977 50,5410.719 72.2

Assured Life Assn CO 56499 49,973,647 37,138,034 17,9850.257 74.3

Assurity Life Ins Co NE 71439 19,261 43,702 240.000 226.9

Asuris NW Hlth WA 47350 1207 9,574,332 7,709,410 4,7820.049 80.5

Aultcare Ins Co OH 77216 4805 498,292 357,557 1880.003 71.8

Auto Owners Life Ins Co MI 61190 280 772,933 449,388 2060.004 58.1

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 69

Page 76: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Avalon Ins Co PA 12358 1230 2,670,084 2,108,523 5790.014 79.0

Avera Hlth Plans Inc SD 95839 16,410,668 11,191,590 9,9210.084 68.2

Bankers Conseco Life Ins Co NY 68560 233 6,373,288 4,708,721 3,2670.033 73.9

Bankers Fidelity Assur Co GA 71919 587 1,271,275 588,184 1,6970.007 46.3

Bankers Fidelity Life Ins Co GA 61239 587 79,723,690 54,789,428 36,3070.410 68.7

Bankers Life & Cas Co IL 61263 233 321,222,075 212,240,639 97,6371.652 66.1

BCBS of AL AL 55433 570 233,159,230 196,973,261 125,6501.199 84.5

BCBS of AZ Inc AZ 53589 87,766,298 60,347,467 37,3210.451 68.8

BCBS Of FL FL 98167 536 406,919,842 323,132,246 179,1762.093 79.4

BCBS of GA Inc GA 54801 671 147,059,537 114,167,559 58,6240.756 77.6

BCBS of KC MO 47171 537 61,771,293 43,950,239 23,2310.318 71.1

BCBS Of KS Inc KS 70729 430 233,581,518 195,281,200 106,0051.201 83.6

BCBS of MA MA 53228 3637 391,983,196 373,282,635 183,2852.016 95.2

BCBS of MI Mut Ins Co MI 54291 572 289,971,135 460,271,666 198,0221.491 158.7

BCBS Of MS Mut Ins Co MS 60111 1126 33,252,029 28,392,193 12,4670.171 85.4

BCBS of NC Inc NC 54631 351,568,138 272,288,297 160,3711.808 77.4

BCBS Of NE NE 77780 134,617,205 108,337,250 55,3310.692 80.5

BCBS of RI RI 53473 40,413,933 32,168,639 17,6900.208 79.6

BCBS Of SC Inc SC 38520 661 138,652,916 90,191,576 58,2270.713 65.0

BCBS of TN Inc TN 54518 3498 120,475,713 85,819,317 48,8220.620 71.2

BCBS of VT VT 53295 4745 8,972,685 7,487,739 3,2200.046 83.5

BCBS of WI WI 54003 671 76,311,117 50,995,960 24,8490.393 66.8

BCBS of WY WY 53767 18,291,758 14,030,631 8,8160.094 76.7

BCBSM Inc MN 55026 461 217,991,441 173,887,955 163,3501.121 79.8

BCS Ins Co OH 38245 23 426 0 00.000 0.0

Blue Care Network Of MI MI 95610 572 31,179,232 21,901,972 12,9730.160 70.2

Blue Cross of ID Hlth Serv Inc ID 60095 1290 17,306,799 13,794,024 6,7690.089 79.7

BridgeSpan Hlth Co UT 95303 1207 747,461 412,657 2660.004 55.2

Capital Advantage Ins Co PA 41203 1230 27,149,196 19,596,831 20,9180.140 72.2

Capital Blue Cross PA 54720 1230 23,747,641 22,135,777 18,9380.122 93.2

Careamerica Life Ins Co CA 71331 2798 1,169 0 20.000 0.0

Carefirst of MD Inc MD 47058 380 157,214,542 112,081,726 56,0940.809 71.3

CDPHP Universal Benefits Inc NY 47027 4708 10,731,576 14,954,359 4,5920.055 139.3

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 70

Page 77: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Celtic Ins Co IL 80799 1295 10,031,869 6,699,254 2,4820.052 66.8

Central Reserve Life Ins Co OH 61727 901 6,583,655 4,108,755 1,6190.034 62.4

Central Security Life Ins Co TX 61735 526 30,019 45,868 180.000 152.8

Central States H & L Co Of Omaha NE 61751 690 11,579,851 7,265,038 3,2790.060 62.7

Central States Ind Co Of Omaha NE 34274 31 73,315,046 54,921,761 43,3230.377 74.9

Central United Life Ins Co AR 61883 1117 983,511 861,430 3740.005 87.6

Christian Fidelity Life Ins Co TX 61859 574 34,165,362 22,105,747 8,8750.176 64.7

CICA Life Ins Co of Amer CO 71463 612 553 47 30.000 8.5

Cigna Hlth & Life Ins Co CT 67369 901 5,903 9,388 40.000 159.0

Cincinnati Equitable Life Ins Co OH 88064 838 59,578 31,321 240.000 52.6

Cincinnati Life Ins Co OH 76236 244 7,532 11,280 90.000 149.8

Colonial Life & Accident Ins Co SC 62049 565 8,436 2,789 30.000 33.1

Colonial Penn Life Ins Co PA 62065 233 380,071,228 269,379,628 202,5071.955 70.9

Columbian Mut Life Ins Co NY 62103 535 2,355,584 1,764,957 9730.012 74.9

Combined Ins Co Of Amer IL 62146 626 60,783,751 47,158,010 25,8290.313 77.6

Community Ins Co OH 10345 671 77,612,262 54,595,978 33,4810.399 70.3

Communitycare Life & Hlth Ins Co OK 89008 3487 974,352 768,812 4030.005 78.9

Companion Life Ins Co SC 77828 661 2,376,944 1,867,882 1,5980.012 78.6

Compcare Hlth Serv Ins Corp WI 95693 671 417,771 232,471 970.002 55.6

Connecticut Gen Life Ins Co CT 62308 901 1,514,217 1,298,910 5310.008 85.8

Constitution Life Ins Co TX 62359 953 83,460,714 57,737,182 22,1480.429 69.2

Consumers Life Ins Co OH 62375 730 703,431 420,594 2540.004 59.8

Continental Gen Ins Co OH 71404 4852 48,364,021 34,161,575 15,5620.249 70.6

Continental Life Ins Co Brentwood TN 68500 1 347,312,941 262,497,053 179,8641.786 75.6

Country Life Ins Co IL 62553 50 56,080,947 39,594,738 21,6860.288 70.6

Coventry Hlth & Life Ins Co MO 81973 1 5,463,210 3,692,240 1,7390.028 67.6

Coventry Hlth Care of IL Inc IL 74160 1 73,130 63,483 170.000 86.8

CSA Fraternal Life IL 56138 21,751 11,381 90.000 52.3

CSI Life Ins Co NE 82880 31 3,357,169 1,879,786 4,5610.017 56.0

Dean Hlth Plan Inc WI 96156 1294 34,944,174 30,195,618 26,6990.180 86.4

Empire Healthchoice Assur Inc NY 55093 671 89,751,102 62,500,690 30,6880.462 69.6

EPIC Life Ins Co WI 64149 68 174,392 146,192 820.001 83.8

Equitable Life & Cas Ins Co UT 62952 114,832,831 87,292,473 59,6730.591 76.0

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 71

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Everence Assn Inc IN 57991 4616 39,037,648 27,395,469 18,7940.201 70.2

Excellus Hlth Plan Inc NY 55107 1186 22,731,434 19,871,728 8,5240.117 87.4

Fallon Hlth & Life Assur Co MA 66828 4741 5,571,463 5,794,939 2,1230.029 104.0

Family Life Ins Co TX 63053 1117 53,550,200 42,408,259 18,7320.275 79.2

Federal Life Ins Co IL 63223 5,904 10,627 20.000 180.0

Federated Mut Ins Co MN 13935 7 9,899 27,178 70.000 274.6

First Comm Hlth Plan Inc AL 47051 7,479,197 5,151,835 3,8690.038 68.9

First Hlth Life & Hlth Ins Co TX 90328 1 3,145,462 2,381,944 1,4210.016 75.7

First United Amer Life Ins Co NY 74101 290 29,763,137 25,173,015 22,2790.153 84.6

Forethought Life Ins Co IN 91642 3891 65,253,523 49,368,344 32,7700.336 75.7

Geisinger Ind Ins Co PA 10244 1143 4,104,908 2,950,832 1,6510.021 71.9

Genworth Life & Ann Ins Co VA 65536 4011 53,692,421 35,548,422 18,2350.276 66.2

Genworth Life Ins Co DE 70025 4011 2,742,805 3,131,899 6060.014 114.2

Gerber Life Ins Co NY 70939 4483 116,830,713 88,262,468 42,2850.601 75.5

Globe Life & Accident Ins Co NE 91472 290 9,273,730 7,482,871 4,7210.048 80.7

Golden Rule Ins Co IN 62286 707 25,195,938 17,524,740 8,9770.130 69.6

Government Personnel Mut Life Ins Co TX 63967 4712 33,415,350 26,375,665 17,5590.172 78.9

Great Amer Life Ins Co OH 63312 84 5,796,243 4,240,810 1,7880.030 73.2

Greek Catholic Union Of The USA PA 56693 20,248 12,034 1,0500.000 59.4

Group Hlth Coop of Eau Claire WI 95192 57,377 22,443 90.000 39.1

Group Hlth Coop of S Central WI WI 95311 2,938,522 2,936,292 1,3210.015 99.9

Group Hlth Inc NY 55239 1127 5,908,713 4,941,919 1,9240.030 83.6

Group Hlth Options Inc WA 47055 1185 2,681,212 2,234,473 9820.014 83.3

Group Hospitalization & Med Srvcs DC 53007 380 21,925,092 17,718,550 10,1470.113 80.8

Guarantee Trust Life Ins Co IL 64211 687 12,016,740 6,807,942 3,0310.062 56.7

Gundersen Hlth Plan Inc WI 95101 4751 756,609 614,832 5350.004 81.3

Hartford Life & Accident Ins Co CT 70815 91 3,131 6,521 10.000 208.3

Hartford Life Ins Co CT 88072 91 834,920 460,587 1760.004 55.2

Hawaii Medical Serv Assn HI 49948 187,845 168,205 730.001 89.5

Health Alliance Medical Plans IL 77950 1192 4,885,709 3,248,105 1,4580.025 66.5

Health Care Serv Corp A Mut Legal Re IL 70670 917 1,388,884,380 1,078,158,793 611,3507.144 77.6

Health First Ins Inc FL 14140 4740 115,036 98,238 370.001 85.4

Health Net Hlth Plan of OR Inc OR 95800 623 5,599,191 5,544,898 2,2770.029 99.0

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 72

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Health Net Life Ins Co CA 66141 623 57,907,621 44,443,600 23,5270.298 76.7

Health Now NY Inc NY 55204 6,788,385 6,614,928 2,5640.035 97.4

Health Tradition Hlth Plan WI 96628 4,202,697 3,311,725 1,7700.022 78.8

Healthy Alliance Life Ins Co MO 78972 671 89,907,273 65,041,741 35,4050.462 72.3

Heartland Natl Life Ins Co IN 66214 21,077,022 16,374,656 8,6590.108 77.7

Highmark BCBSD Inc DE 53287 812 13,682,342 9,574,513 5,4250.070 70.0

Highmark Inc PA 54771 812 266,525,289 221,638,518 110,8621.371 83.2

Highmark West Virginia Inc. WV 54828 812 15,750,575 12,614,424 6,5030.081 80.1

HMO dba Blue Plus MN 95649 461 334,119 254,205 1190.002 76.1

HNE Ins Co MA 14198 4756 362,583 304,039 2310.002 83.9

Hometown Hlth Providers Ins Co NV 48305 4791 17,882 1,989 130.000 11.1

Horizon Ins Co NJ 14690 1202 271,051,786 223,950,843 98,1381.394 82.6

HPHC Ins Co Inc MA 18975 595 81,854,946 62,433,231 39,5370.421 76.3

Humana Benefit Plan of IL Inc IL 60052 119 15,785 22,626 110.000 143.3

Humana Hlth Benefit Plan of LA Inc LA 95642 119 3,497,515 2,486,688 1,5190.018 71.1

Humana Hlth Ins Co Of FL Inc FL 69671 119 10,918,254 7,472,594 5,8380.056 68.4

Humana Ins Co WI 73288 119 259,682,429 197,540,270 135,2701.336 76.1

Humana Ins Co Of KY KY 60219 119 9,553,736 7,155,758 4,4520.049 74.9

Humana Ins Co of NY NY 12634 119 13,179,060 8,867,726 6,6320.068 67.3

Humanadental Ins Co WI 70580 119 5,389,992 4,350,506 4,1570.028 80.7

IA Amer Life Ins Co TX 91693 315 97,893 87,864 960.001 89.8

Idealife Ins Co CT 97764 31 1,312,837 964,174 3060.007 73.4

Independence Hospital Ind Plan Inc PA 54704 936 39,814,116 38,568,497 29,8060.205 96.9

Individual Assur Co Life Hlth & Acc OK 81779 8,691,797 6,051,657 13,8420.045 69.6

Inter Cnty Hlth Plan Inc PA 53252 936 380,954 366,820 1,2000.002 96.3

Inter Cty Hospitalization Plan Inc PA 54763 936 3,329,469 3,149,910 1,2070.017 94.6

Investors Heritage Life Ins Co KY 64904 342 -621 00.000 -181.6

Investors Life Ins Co N Amer TX 63487 449 737 6,860 20.000 930.8

Jackson Natl Life Ins Co MI 65056 918 392,888 426,034 2080.002 108.4

Jefferson Life Ins Co TX 94790 252,764 351,523 1360.001 139.1

Jefferson Natl Life Ins Co TX 64017 4836 1,573,362 1,145,266 4130.008 72.8

John Alden Life Ins Co WI 65080 19 361,228 263,965 1140.002 73.1

Kanawha Ins Co SC 65110 119 923,809 755,826 2850.005 81.8

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 73

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Kansas City Life Ins Co MO 65129 588 38,970 67,138 140.000 172.3

KSKJ Life Amer Slovenian Catholic Un IL 56227 10,000,484 7,616,888 4,1690.051 76.2

Liberty Natl Life Ins Co NE 65331 290 2,826,819 1,935,653 1,8130.015 68.5

LifeSecure Ins Co MI 77720 572 8,653 19,636 70.000 226.9

LifeWise Hlth Plan of OR Inc OR 84930 962 3,460,802 2,467,307 8880.018 71.3

Lincoln Heritage Life Ins Co IL 65927 6,397,341 3,408,173 1,3110.033 53.3

Louisiana Hlth Serv & Ind Co LA 81200 438 106,936,829 83,999,007 44,2870.550 78.6

Loyal Amer Life Ins Co OH 65722 901 134,649,235 101,732,788 57,9500.693 75.6

Loyal Christian Benefit Assn PA 56758 280,825 203,167 3060.001 72.3

Manhattan Life Ins Co NY 65870 1117 51,656,826 41,023,406 44,1790.266 79.4

Medica Hlth Plans MN 52626 1552 386,200 566,628 730.002 146.7

Medical Hlth Insuring Corp of OH OH 95828 730 36,228 25,459 80.000 70.3

Medical Mut Of OH OH 29076 730 28,336,729 19,835,037 13,0700.146 70.0

Medico Corp Life Ins Co NE 79987 3527 25,760,838 17,673,636 25,1640.133 68.6

Medico Ins Co NE 31119 3527 55,860,708 43,703,533 27,0910.287 78.2

Medico Life & Hlth Ins Co IA 65641 3527 5,841 14,565 50.000 249.4

Medisun Inc AZ 95982 29,331 25,769 100.000 87.9

Members Hlth Ins Co AZ 94587 4677 29,418 32,874 220.000 111.7

MercyCare HMO Inc WI 12195 3595 1,654,496 1,579,299 1,4070.009 95.5

Metropolitan Life Ins Co NY 65978 241 1,902 2,458 10.000 129.2

Mid West Natl Life Ins Co Of TN TX 66087 264 24,124 18,876 190.000 78.2

Midwestern United Life Ins Co IN 66109 4832 5,810 9,094 20.000 156.5

Motorists Commercial Mut Ins Co OH 13331 291 2,651 848 10.000 32.0

Mutual Of Omaha Ins Co NE 71412 261 599,848,732 446,013,826 309,5833.085 74.4

National Cas Co WI 11991 140 7,826 6,698 220.000 85.6

National Guardian Life Ins Co WI 66583 1211 0 1,000 00.000 N/A

National Hlth Ins Co TX 82538 2538 12,339 60,074 150.000 486.9

Nationwide Life Ins Co OH 66869 140 9,403,763 6,417,048 2,7850.048 68.2

Natl Foundation Life Ins Co TX 98205 839 74,855 149,488 340.000 199.7

New Era Life Ins Co TX 78743 520 95,666,022 73,767,829 47,9010.492 77.1

New Era Life Ins Co Of Midwest TX 69698 520 49,561,354 41,184,691 25,1560.255 83.1

New W Hlth Serv MT 95829 1,536,175 1,127,417 8270.008 73.4

New York Life Ins Co NY 66915 826 2,454,469 1,784,042 6770.013 72.7

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 74

Page 81: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Noridian Mut Ins Co ND 55891 83,514,184 67,333,813 36,0400.430 80.6

North Amer Ins Co WI 68349 574 19,003,466 15,450,588 5,5580.098 81.3

Old Amer Ins Co MO 67199 588 4,407 6,558 100.000 148.8

Old Surety Life Ins Co OK 67326 45,734,947 30,894,234 24,3300.235 67.6

Omaha Ins Co NE 13100 261 290,075,115 222,151,187 224,3091.492 76.6

Order of United Commercial Travelers OH 56383 57,166,889 47,316,440 16,0260.294 82.8

Oxford Life Ins Co AZ 76112 574 41,472,397 36,954,261 22,7130.213 89.1

Pacificare Life & Hlth Ins Co IN 70785 707 11,590,703 9,362,138 4,3250.060 80.8

Pacificsource Hlth Plans OR 54976 4704 57,402 44,557 280.000 77.6

Paramount Ins Co OH 11518 1212 3,063,776 2,327,326 1,1190.016 76.0

Pekin Life Ins Co IL 67628 153 25,658,371 18,280,192 11,5720.132 71.2

Pennsylvania Life Ins Co PA 67660 4667 6,447,751 3,969,047 1,5260.033 61.6

Philadelphia Amer Life Ins Co TX 67784 520 99,776,331 76,857,138 53,5010.513 77.0

Physicians Life Ins Co NE 72125 367 74,226,338 51,217,521 26,9600.382 69.0

Physicians Mut Ins Co NE 80578 367 173,640,490 110,156,583 81,8750.893 63.4

Physicians Plus Ins Corp WI 95341 3,020,736 2,112,555 1,3140.016 69.9

Polish Falcons Of Amer PA 56820 14,355 10,827 330.000 75.4

Premera Blue Cross WA 47570 962 68,429,927 49,322,961 30,1810.352 72.1

Principal Life Ins Co IA 61271 332 19,620,885 14,972,527 5,6810.101 76.3

Priority Hlth MI 95561 3383 20,630,354 14,558,242 10,5600.106 70.6

Protective Life Ins Co TN 68136 458 9,248 16,831 80.000 182.0

Provident Amer Ins Co TX 68179 8,959 6,983 70.000 77.9

Provident Amer Life & Hlth Ins Co OH 67903 901 11,415,602 7,876,497 2,8580.059 69.0

Prudential Ins Co Of Amer NJ 68241 304 171,838 232,520 600.001 135.3

Puritan Life Ins Co of Amer TX 71390 4826 7,307,801 5,535,170 1,8820.038 75.7

Pyramid Life Ins Co KS 68284 953 15,491,055 9,610,891 4,0410.080 62.0

Qualchoice Life & Hlth Ins Co Inc AR 70998 4807 2,069,749 2,017,572 1,7430.011 97.5

Regence BCBS of OR OR 54933 1207 23,160,227 17,665,788 8,3580.119 76.3

Regence BCBS of UT UT 54550 1207 34,612,545 24,574,913 14,8950.178 71.0

Regence BlueShield WA 53902 1207 64,720,359 47,627,013 27,8030.333 73.6

Regence Blueshield Of ID Inc ID 60131 1207 11,814,654 8,558,790 4,4320.061 72.4

Reserve Natl Ins Co OK 68462 215 40,531,845 28,287,146 17,4370.208 69.8

Rocky Mountain Hospital & Medical CO 11011 671 81,939,149 55,443,553 34,0110.421 67.7

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 75

Page 82: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Royal Neighbors Of Amer IL 57657 31,682,980 21,727,304 8,7260.163 68.6

Ryder Hlth Plan Inc PR 95743 21,400 24,318 350.000 113.6

Sagicor Life Ins Co TX 60445 50,998 110,766 250.000 217.2

Sanford Hlth Plan SD 95683 1246 3,700,756 3,244,994 1,7550.019 87.7

Sanford Hlth Plan of MN MN 95725 1246 352,739 326,885 1590.002 92.7

Security Hlth Plan of WI Inc WI 96881 5,187,238 4,136,319 1,7450.027 79.7

Security Life Of Denver Ins Co CO 68713 4832 4,111 13,811 30.000 336.0

Sentinel Security Life Ins Co UT 68802 4824 37,760,786 27,930,720 14,8220.194 74.0

Shelter Life Ins Co MO 65757 123 698,897 719,126 3060.004 102.9

Shenandoah Life Ins Co VA 68845 4764 7,123,669 4,765,705 2,3180.037 66.9

Sierra Hlth & Life Ins Co Inc NV 71420 707 14,206,244 11,327,133 4,5030.073 79.7

Southwest Serv Life Ins Co TX 82430 1339 440,537 232,632 950.002 52.8

SPJST TX 57436 505,961 332,402 1500.003 65.7

Standard Life & Accident Ins Co TX 86355 408 65,162,474 46,607,644 31,4170.335 71.5

Standard Life & Cas Ins Co UT 71706 964,096 667,473 1,0860.005 69.2

State Farm Mut Auto Ins Co IL 25178 176 265,235,666 198,302,903 107,0111.364 74.8

State Mut Ins Co GA 69132 18,825,422 12,634,922 5,4370.097 67.1

Sterling Investors Life Ins Co IN 89184 13,427,742 9,680,253 3,6400.069 72.1

Sterling Life Ins Co IL 77399 901 87,032,516 60,233,650 35,0520.448 69.2

Summa Ins Co Inc OH 10649 3259 147,893 114,716 570.001 77.6

The Vt Hlth Plan LLC VT 95696 4745 8,423,704 6,901,161 4,9850.043 81.9

THP Ins Co WV 60016 1297 2,315,477 1,622,157 14,2960.012 70.1

Thrivent Financial For Lutherans WI 56014 2938 69,512,865 46,643,897 28,3450.358 67.1

Time Ins Co WI 69477 19 310,943 255,106 1040.002 82.0

Transamerica Financial Life Ins Co NY 70688 468 1,143,292 890,752 2600.006 77.9

Transamerica Life Ins Co IA 86231 468 110,560,103 87,183,578 16,3850.569 78.9

Transamerica Premier Life Ins Co IA 66281 468 48,644,610 44,158,496 74,4750.250 90.8

TRH Hlth Ins Co TN 89005 4677 128,403,747 93,195,480 59,0080.660 72.6

Triple S Salud Inc PR 55816 4802 24,107,584 16,100,009 17,5910.124 66.8

Trustmark Ins Co IL 61425 276 132,383 -59,062 390.001 -44.6

Tufts Ins Co Inc MA 60117 4742 13,194,331 11,974,550 7,3440.068 90.8

UCare MN MN 52629 4380 165,863 131,543 530.001 79.3

Unicare Life & Hlth Ins Co IN 80314 671 19,967,507 12,299,958 5,9490.103 61.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 76

Page 83: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL INDIVIDUAL POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Unified Life Ins Co TX 11121 4,486,709 4,639,007 1,5160.023 103.4

Union Fidelity Life Ins Co KS 62596 350 730,325 674,146 2660.004 92.3

Union Labor Life Ins Co MD 69744 781 220,479 468,910 1340.001 212.7

United Amer Ins Co NE 92916 290 235,783,857 154,513,117 98,0921.213 65.5

United Farm Family Life Ins Co IN 69892 542 136,306 164,883 710.001 121.0

United Heritage Life Ins Co ID 63983 2878 5,918 12,839 30.000 216.9

United Hlthcare of AL Inc AL 95784 707 1,666,724 1,436,729 6790.009 86.2

United Hlthcare of AZ Inc AZ 96016 707 28,526 59,464 190.000 208.5

United Natl Life Ins Co Of Amer IL 92703 687 7,124,602 6,123,065 2,9220.037 85.9

United Of Omaha Life Ins Co NE 69868 261 1,062,670,133 782,427,365 436,9465.466 73.6

United Security Assur Co Of PA PA 42129 80,200 44,136 230.000 55.0

United Teacher Assoc Ins Co TX 63479 4852 41,989,854 28,814,062 11,4600.216 68.6

United World Life Ins Co NE 72850 261 367,683,965 258,707,405 113,2101.891 70.4

UnitedHealthcare Ins Co CT 79413 707 3,076,619,093 2,375,375,022 1,350,42915.825 77.2

Unity Hlth Plans Ins Corp WI 95796 3,442,741 2,745,206 1,7970.018 79.7

Universal Fidelity Life Ins Co OK 70122 9,054,191 6,309,791 3,4240.047 69.7

Upmc Hlth Benefits Inc PA 11018 1324 180,245 275,312 930.001 152.7

US Hlth & Life Ins Co Inc MI 97772 22,672 33,148 50.000 146.2

USAA Life Ins Co TX 69663 200 241,816,805 183,765,130 115,4691.244 76.0

USAble Life AR 94358 876 109,147 59,429 220.001 54.4

USAble Mut Ins Co AR 83470 876 242,950,452 190,721,737 115,3831.250 78.5

UTMB Hlth Plans Inc TX 95764 731,461 332,743 2710.004 45.5

Voya Retirement Ins & Ann Co CT 86509 4832 17,872 40,022 70.000 223.9

Washington Natl Ins Co IN 70319 233 65,936,640 44,581,084 18,5300.339 67.6

Wellmark Inc IA 88848 770 355,792,360 289,102,949 163,3431.830 81.3

Wellmark Of SD Inc SD 60128 770 55,416,119 43,147,062 22,2780.285 77.9

Western Catholic Union IL 57711 489,680 369,105 4680.003 75.4

Wilco Life Ins Co IN 65900 4213 1,753,972 1,324,579 5600.009 75.5

Wisconsin Physicians Serv Ins Corp WI 53139 68 121,998,745 76,022,486 42,7510.628 62.3

WMI Mut Ins Co UT 68420 514,580 386,777 1680.003 75.2

WPS Hlth Plan Inc WI 10159 68 266,162 114,137 480.001 42.9

19,441,936,021 15,008,884,998 8,895,130TOTAL 77.2

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 77

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© 2016 National Association of Insurance Commissioners 78

Page 85: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

GROUP POLICIES ISSUED THROUGH 2012

BY DIRECT PREMIUMS EARNED

© 2016 National Association of Insurance Commissioners 79

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© 2016 National Association of Insurance Commissioners 80

Page 87: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

GROUP POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

UnitedHealthcare Ins Co CT 79413 707 3,234,095,957 2,512,111,775 1,306,35673.915 77.7

United Hlthcare Ins Co Of NY NY 60093 707 548,194,868 435,029,871 193,97612.529 79.4

Transamerica Life Ins Co IA 86231 468 72,624,725 54,880,875 29,4381.660 75.6

American Republic Ins Co IA 60836 3527 52,629,243 40,139,424 16,0681.203 76.3

Community Ins Co OH 10345 671 44,545,892 36,643,980 18,0391.018 82.3

Mutual Of Omaha Ins Co NE 71412 261 38,108,767 30,439,425 12,8860.871 79.9

Principal Life Ins Co IA 61271 332 37,643,483 30,339,996 11,6380.860 80.6

Bankers Life & Cas Co IL 61263 233 32,788,700 29,286,312 12,6780.749 89.3

Highmark Inc PA 54771 812 31,869,799 19,333,658 14,4550.728 60.7

BCBS of MA MA 53228 3637 30,746,934 26,732,096 7,6220.703 86.9

BCBS of TN Inc TN 54518 3498 26,209,198 23,142,032 15,5810.599 88.3

Premera Blue Cross WA 47570 962 22,897,018 16,945,138 8,7110.523 74.0

Medico Ins Co NE 31119 3527 18,611,174 15,491,159 6,3370.425 83.2

BCBS Of KS Inc KS 70729 430 15,807,036 13,240,916 6,5760.361 83.8

Health Care Serv Corp A Mut Legal Re IL 70670 917 15,599,379 12,410,442 4,1100.357 79.6

Anthem Hlth Plans Inc CT 60217 671 15,570,619 10,237,478 12,6830.356 65.7

BCBS of RI RI 53473 15,409,921 11,216,803 7,0090.352 72.8

Transamerica Premier Life Ins Co IA 66281 468 14,896,595 12,268,447 6,1190.340 82.4

Constitution Life Ins Co TX 62359 953 14,391,106 12,498,308 5,2660.329 86.8

American Natl Life Ins Co Of TX TX 71773 408 11,030,459 7,974,889 3,5930.252 72.3

Transamerica Financial Life Ins Co NY 70688 468 10,893,533 8,386,607 3,9390.249 77.0

Independence Hospital Ind Plan Inc PA 54704 936 10,250,718 9,930,633 10,1550.234 96.9

BCBS Of NE NE 77780 7,809,960 6,255,015 2,9220.178 80.1

Anthem Hlth Plans of NH NH 53759 671 5,576,810 5,669,977 7740.127 101.7

United Amer Ins Co NE 92916 290 5,356,203 3,876,860 1,9250.122 72.4

Continental Life Ins Co Brentwood TN 68500 1 5,285,084 4,038,909 1,6860.121 76.4

Excellus Hlth Plan Inc NY 55107 1186 4,257,356 3,365,657 1,8770.097 79.1

Amalgamated Life & Hlth Ins Co IL 60208 3,569,845 2,395,920 1,5220.082 67.1

Christian Fidelity Life Ins Co TX 61859 574 3,318,629 2,230,749 7890.076 67.2

Educators Mut Ins Assoc UT 81701 126 2,784,059 1,538,901 8730.064 55.3

Medical Mut Of OH OH 29076 730 2,753,433 2,172,199 9590.063 78.9

Central States H & L Co Of Omaha NE 61751 690 2,442,647 2,040,207 8750.056 83.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 81

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

GROUP POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Hartford Life Ins Co CT 88072 91 2,059,968 1,560,032 9750.047 75.7

Highmark West Virginia Inc. WV 54828 812 2,048,586 1,679,175 6780.047 82.0

United Teacher Assoc Ins Co TX 63479 4852 1,346,225 944,815 2960.031 70.2

First United Amer Life Ins Co NY 74101 290 1,283,866 1,010,532 4900.029 78.7

Physicians Benefits Trust Life Ins IL 68519 2358 1,153,374 654,769 4330.026 56.8

Physicians Mut Ins Co NE 80578 367 928,588 641,751 3560.021 69.1

Regence BCBS of UT UT 54550 1207 834,173 604,772 3720.019 72.5

Health Alliance Medical Plans IL 77950 1192 768,468 691,415 2850.018 90.0

Wisconsin Physicians Serv Ins Corp WI 53139 68 720,778 391,593 2250.016 54.3

Hartford Life & Accident Ins Co CT 70815 91 717,975 915,015 4370.016 127.4

BCBS of VT VT 53295 4745 700,346 531,259 3050.016 75.9

Oxford Life Ins Co AZ 76112 574 631,992 614,938 3040.014 97.3

American Progressive L&H Ins Of NY NY 80624 953 562,936 418,993 1770.013 74.4

BCBS Of FL FL 98167 536 464,066 259,084 1570.011 55.8

Guarantee Trust Life Ins Co IL 64211 687 428,568 273,448 1090.010 63.8

BCBSM Inc MN 55026 461 390,019 268,050 6,9650.009 68.7

Globe Life & Accident Ins Co NE 91472 290 366,348 345,454 1570.008 94.3

Union Labor Life Ins Co MD 69744 781 314,621 686,642 1350.007 218.2

Members Hlth Ins Co AZ 94587 4677 252,642 126,350 1280.006 50.0

American Family Life Assur Co of Col NE 60380 370 234,220 270,530 820.005 115.5

Combined Ins Co Of Amer IL 62146 626 205,950 316,165 1030.005 153.5

Gerber Life Ins Co NY 70939 4483 180,570 341,056 490.004 188.9

21st Century Premier Ins Co PA 20796 69 161,390 130,726 810.004 81.0

Allianz Life Ins Co Of N Amer MN 90611 761 134,648 194,852 600.003 144.7

Aetna Life Ins Co CT 60054 1 127,268 82,169 590.003 64.6

Continental Gen Ins Co OH 71404 4852 109,862 161,650 520.003 147.1

Coventry Hlth & Life Ins Co MO 81973 1 88,690 35,094 370.002 39.6

Medica Hlth Plans MN 52626 1552 69,156 175,449 50.002 253.7

North Amer Ins Co WI 68349 574 66,037 20,267 120.002 30.7

Allianz Life Ins Co Of NY NY 64190 761 37,632 60,966 400.001 162.0

Connecticut Gen Life Ins Co CT 62308 901 16,525 -1,723 00.000 -10.4

CMFG Life Ins Co IA 62626 306 15,307 13,847 110.000 90.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 82

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

GROUP POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

BCBS Of MS Mut Ins Co MS 60111 1126 9,095 -9,487 30.000 -104.3

National Benefit Life Ins Co NY 61409 4750 6,179 172 120.000 2.8

Reliastar Life Ins Co MN 67105 4832 6,110 8,506 30.000 139.2

Anthem Hlth Plans of ME Inc ME 52618 671 4,915 3,541 20.000 72.0

Genworth Life & Ann Ins Co VA 65536 4011 4,475 12,635 40.000 282.3

London Life Reins Co PA 76694 769 2,985 51,051 30.000 1,710.3

Washington Natl Ins Co IN 70319 233 2,363 2,390 20.000 101.1

American Gen Life Ins Co TX 60488 12 1,144 805 10.000 70.4

Sterling Life Ins Co IL 77399 901 0 -8,090 00.000 N/A

Health Net Life Ins Co CA 66141 623 -3,011 12,680 00.000 -421.1

4,375,424,199 3,416,757,996 1,741,042TOTAL 78.1

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 83

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© 2016 National Association of Insurance Commissioners 84

Page 91: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

GROUP POLICIES ISSUED THROUGH 2012

BY COMPANY NAME

© 2016 National Association of Insurance Commissioners 85

Page 92: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 86

Page 93: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

GROUP POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

21st Century Premier Ins Co PA 20796 69 161,390 130,726 810.004 81.0

Aetna Life Ins Co CT 60054 1 127,268 82,169 590.003 64.6

Allianz Life Ins Co Of N Amer MN 90611 761 134,648 194,852 600.003 144.7

Allianz Life Ins Co Of NY NY 64190 761 37,632 60,966 400.001 162.0

Amalgamated Life & Hlth Ins Co IL 60208 3,569,845 2,395,920 1,5220.082 67.1

American Family Life Assur Co of Col NE 60380 370 234,220 270,530 820.005 115.5

American Gen Life Ins Co TX 60488 12 1,144 805 10.000 70.4

American Natl Life Ins Co Of TX TX 71773 408 11,030,459 7,974,889 3,5930.252 72.3

American Progressive L&H Ins Of NY NY 80624 953 562,936 418,993 1770.013 74.4

American Republic Ins Co IA 60836 3527 52,629,243 40,139,424 16,0681.203 76.3

Anthem Hlth Plans Inc CT 60217 671 15,570,619 10,237,478 12,6830.356 65.7

Anthem Hlth Plans of ME Inc ME 52618 671 4,915 3,541 20.000 72.0

Anthem Hlth Plans of NH NH 53759 671 5,576,810 5,669,977 7740.127 101.7

Bankers Life & Cas Co IL 61263 233 32,788,700 29,286,312 12,6780.749 89.3

BCBS Of FL FL 98167 536 464,066 259,084 1570.011 55.8

BCBS Of KS Inc KS 70729 430 15,807,036 13,240,916 6,5760.361 83.8

BCBS of MA MA 53228 3637 30,746,934 26,732,096 7,6220.703 86.9

BCBS Of MS Mut Ins Co MS 60111 1126 9,095 -9,487 30.000 -104.3

BCBS Of NE NE 77780 7,809,960 6,255,015 2,9220.178 80.1

BCBS of RI RI 53473 15,409,921 11,216,803 7,0090.352 72.8

BCBS of TN Inc TN 54518 3498 26,209,198 23,142,032 15,5810.599 88.3

BCBS of VT VT 53295 4745 700,346 531,259 3050.016 75.9

BCBSM Inc MN 55026 461 390,019 268,050 6,9650.009 68.7

Central States H & L Co Of Omaha NE 61751 690 2,442,647 2,040,207 8750.056 83.5

Christian Fidelity Life Ins Co TX 61859 574 3,318,629 2,230,749 7890.076 67.2

CMFG Life Ins Co IA 62626 306 15,307 13,847 110.000 90.5

Combined Ins Co Of Amer IL 62146 626 205,950 316,165 1030.005 153.5

Community Ins Co OH 10345 671 44,545,892 36,643,980 18,0391.018 82.3

Connecticut Gen Life Ins Co CT 62308 901 16,525 -1,723 00.000 -10.4

Constitution Life Ins Co TX 62359 953 14,391,106 12,498,308 5,2660.329 86.8

Continental Gen Ins Co OH 71404 4852 109,862 161,650 520.003 147.1

Continental Life Ins Co Brentwood TN 68500 1 5,285,084 4,038,909 1,6860.121 76.4

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 87

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

GROUP POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Coventry Hlth & Life Ins Co MO 81973 1 88,690 35,094 370.002 39.6

Educators Mut Ins Assoc UT 81701 126 2,784,059 1,538,901 8730.064 55.3

Excellus Hlth Plan Inc NY 55107 1186 4,257,356 3,365,657 1,8770.097 79.1

First United Amer Life Ins Co NY 74101 290 1,283,866 1,010,532 4900.029 78.7

Genworth Life & Ann Ins Co VA 65536 4011 4,475 12,635 40.000 282.3

Gerber Life Ins Co NY 70939 4483 180,570 341,056 490.004 188.9

Globe Life & Accident Ins Co NE 91472 290 366,348 345,454 1570.008 94.3

Guarantee Trust Life Ins Co IL 64211 687 428,568 273,448 1090.010 63.8

Hartford Life & Accident Ins Co CT 70815 91 717,975 915,015 4370.016 127.4

Hartford Life Ins Co CT 88072 91 2,059,968 1,560,032 9750.047 75.7

Health Alliance Medical Plans IL 77950 1192 768,468 691,415 2850.018 90.0

Health Care Serv Corp A Mut Legal Re IL 70670 917 15,599,379 12,410,442 4,1100.357 79.6

Health Net Life Ins Co CA 66141 623 -3,011 12,680 00.000 -421.1

Highmark Inc PA 54771 812 31,869,799 19,333,658 14,4550.728 60.7

Highmark West Virginia Inc. WV 54828 812 2,048,586 1,679,175 6780.047 82.0

Independence Hospital Ind Plan Inc PA 54704 936 10,250,718 9,930,633 10,1550.234 96.9

London Life Reins Co PA 76694 769 2,985 51,051 30.000 1,710.3

Medica Hlth Plans MN 52626 1552 69,156 175,449 50.002 253.7

Medical Mut Of OH OH 29076 730 2,753,433 2,172,199 9590.063 78.9

Medico Ins Co NE 31119 3527 18,611,174 15,491,159 6,3370.425 83.2

Members Hlth Ins Co AZ 94587 4677 252,642 126,350 1280.006 50.0

Mutual Of Omaha Ins Co NE 71412 261 38,108,767 30,439,425 12,8860.871 79.9

National Benefit Life Ins Co NY 61409 4750 6,179 172 120.000 2.8

North Amer Ins Co WI 68349 574 66,037 20,267 120.002 30.7

Oxford Life Ins Co AZ 76112 574 631,992 614,938 3040.014 97.3

Physicians Benefits Trust Life Ins IL 68519 2358 1,153,374 654,769 4330.026 56.8

Physicians Mut Ins Co NE 80578 367 928,588 641,751 3560.021 69.1

Premera Blue Cross WA 47570 962 22,897,018 16,945,138 8,7110.523 74.0

Principal Life Ins Co IA 61271 332 37,643,483 30,339,996 11,6380.860 80.6

Regence BCBS of UT UT 54550 1207 834,173 604,772 3720.019 72.5

Reliastar Life Ins Co MN 67105 4832 6,110 8,506 30.000 139.2

Sterling Life Ins Co IL 77399 901 0 -8,090 00.000 N/A

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 88

Page 95: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

GROUP POLICIES ISSUED THROUGH

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2012

Transamerica Financial Life Ins Co NY 70688 468 10,893,533 8,386,607 3,9390.249 77.0

Transamerica Life Ins Co IA 86231 468 72,624,725 54,880,875 29,4381.660 75.6

Transamerica Premier Life Ins Co IA 66281 468 14,896,595 12,268,447 6,1190.340 82.4

Union Labor Life Ins Co MD 69744 781 314,621 686,642 1350.007 218.2

United Amer Ins Co NE 92916 290 5,356,203 3,876,860 1,9250.122 72.4

United Hlthcare Ins Co Of NY NY 60093 707 548,194,868 435,029,871 193,97612.529 79.4

United Teacher Assoc Ins Co TX 63479 4852 1,346,225 944,815 2960.031 70.2

UnitedHealthcare Ins Co CT 79413 707 3,234,095,957 2,512,111,775 1,306,35673.915 77.7

Washington Natl Ins Co IN 70319 233 2,363 2,390 20.000 101.1

Wisconsin Physicians Serv Ins Corp WI 53139 68 720,778 391,593 2250.016 54.3

4,375,424,199 3,416,757,996 1,741,042TOTAL 78.1

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 89

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© 2016 National Association of Insurance Commissioners 90

Page 97: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

GROUP POLICIES ISSUED IN 2013, 2014 AND 2015

BY DIRECT PREMIUMS EARNED

© 2016 National Association of Insurance Commissioners 91

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© 2016 National Association of Insurance Commissioners 92

Page 99: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

GROUP POLICICES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2013 2014 2015, ,

UnitedHealthcare Ins Co CT 79413 707 1,965,357,217 1,548,530,561 1,066,39980.320 78.8

United Hlthcare Ins Co Of NY NY 60093 707 318,604,359 249,525,445 144,98213.021 78.3

BCBS of MA MA 53228 3637 26,610,228 20,952,017 12,0751.088 78.7

BCBS Of NE NE 77780 22,185,905 16,752,636 12,4240.907 75.5

Transamerica Life Ins Co IA 86231 468 21,178,961 14,477,461 12,5830.866 68.4

Tufts Ins Co Inc MA 60117 4742 15,759,600 11,909,699 7,2660.644 75.6

BCBSM Inc MN 55026 461 14,957,985 13,307,809 6,7470.611 89.0

Highmark Inc PA 54771 812 11,419,932 6,585,387 6,8840.467 57.7

Premera Blue Cross WA 47570 962 9,118,858 6,059,925 3,9620.373 66.5

United Amer Ins Co NE 92916 290 6,180,075 4,074,351 2,8210.253 65.9

Independence Hospital Ind Plan Inc PA 54704 936 4,966,788 3,638,792 4,8170.203 73.3

Excellus Hlth Plan Inc NY 55107 1186 4,556,848 3,358,043 2,1190.186 73.7

Cigna Hlth & Life Ins Co CT 67369 901 4,486,772 4,290,614 1,4700.183 95.6

Heartland Natl Life Ins Co IN 66214 4,283,047 3,318,323 3,9250.175 77.5

Medico Ins Co NE 31119 3527 3,526,518 2,841,563 1,7080.144 80.6

Transamerica Financial Life Ins Co NY 70688 468 2,624,387 1,621,015 1,1700.107 61.8

BCBS Of KS Inc KS 70729 430 1,952,631 1,682 00.080 0.1

Members Hlth Ins Co AZ 94587 4677 1,723,940 1,318,458 1,0460.070 76.5

Educators Mut Ins Assoc UT 81701 126 967,583 556,451 3790.040 57.5

Constitution Life Ins Co TX 62359 953 935,983 610,456 3870.038 65.2

Hartford Life Ins Co CT 88072 91 809,865 330,472 5150.033 40.8

Transamerica Premier Life Ins Co IA 66281 468 690,379 491,939 4170.028 71.3

Anthem Hlth Plans of NH NH 53759 671 657,099 445,846 910.027 67.9

Highmark West Virginia Inc. WV 54828 812 607,183 527,073 2940.025 86.8

Health Alliance Medical Plans IL 77950 1192 522,659 464,666 2280.021 88.9

Hartford Life & Accident Ins Co CT 70815 91 385,632 204,949 2890.016 53.1

First United Amer Life Ins Co NY 74101 290 356,699 241,205 1600.015 67.6

BCBS of VT VT 53295 4745 278,984 129,101 1560.011 46.3

Regence BCBS of UT UT 54550 1207 257,406 168,298 1750.011 65.4

BCBS of RI RI 53473 230,852 168,036 1050.009 72.8

Aetna Life Ins Co CT 60054 1 202,383 89,721 1610.008 44.3

Physicians Mut Ins Co NE 80578 367 171,083 74,014 810.007 43.3

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 93

Page 100: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

GROUP POLICICES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

2013 2014 2015, ,

Aetna Hlth & Life Ins Co CT 78700 1 167,345 120,835 3430.007 72.2

Physicians Benefits Trust Life Ins IL 68519 2358 53,447 18,715 290.002 35.0

Amalgamated Life & Hlth Ins Co IL 60208 41,487 24,201 660.002 58.3

Wisconsin Physicians Serv Ins Corp WI 53139 68 36,124 17,673 180.001 48.9

Medical Mut Of OH OH 29076 730 25,176 23,234 100.001 92.3

Health Care Serv Corp A Mut Legal Re IL 70670 917 8,042 2,020 80.000 25.1

Health Net Life Ins Co CA 66141 623 0 10,182 00.000 N/A

2,446,899,462 1,917,282,868 1,296,310TOTAL 78.4

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 94

Page 101: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

GROUP POLICIES ISSUED IN 2013, 2014 AND 2015

BY COMPANY NAME

© 2016 National Association of Insurance Commissioners 95

Page 102: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 96

Page 103: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

GROUP POLICICES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016

2013 2014 2015, ,

2015

Aetna Hlth & Life Ins Co CT 78700 1 167,345 120,835 3430.007 72.2

Aetna Life Ins Co CT 60054 1 202,383 89,721 1610.008 44.3

Amalgamated Life & Hlth Ins Co IL 60208 41,487 24,201 660.002 58.3

Anthem Hlth Plans of NH NH 53759 671 657,099 445,846 910.027 67.9

BCBS Of KS Inc KS 70729 430 1,952,631 1,682 00.080 0.1

BCBS of MA MA 53228 3637 26,610,228 20,952,017 12,0751.088 78.7

BCBS Of NE NE 77780 22,185,905 16,752,636 12,4240.907 75.5

BCBS of RI RI 53473 230,852 168,036 1050.009 72.8

BCBS of VT VT 53295 4745 278,984 129,101 1560.011 46.3

BCBSM Inc MN 55026 461 14,957,985 13,307,809 6,7470.611 89.0

Cigna Hlth & Life Ins Co CT 67369 901 4,486,772 4,290,614 1,4700.183 95.6

Constitution Life Ins Co TX 62359 953 935,983 610,456 3870.038 65.2

Educators Mut Ins Assoc UT 81701 126 967,583 556,451 3790.040 57.5

Excellus Hlth Plan Inc NY 55107 1186 4,556,848 3,358,043 2,1190.186 73.7

First United Amer Life Ins Co NY 74101 290 356,699 241,205 1600.015 67.6

Hartford Life & Accident Ins Co CT 70815 91 385,632 204,949 2890.016 53.1

Hartford Life Ins Co CT 88072 91 809,865 330,472 5150.033 40.8

Health Alliance Medical Plans IL 77950 1192 522,659 464,666 2280.021 88.9

Health Care Serv Corp A Mut Legal Re IL 70670 917 8,042 2,020 80.000 25.1

Health Net Life Ins Co CA 66141 623 0 10,182 00.000 N/A

Heartland Natl Life Ins Co IN 66214 4,283,047 3,318,323 3,9250.175 77.5

Highmark Inc PA 54771 812 11,419,932 6,585,387 6,8840.467 57.7

Highmark West Virginia Inc. WV 54828 812 607,183 527,073 2940.025 86.8

Independence Hospital Ind Plan Inc PA 54704 936 4,966,788 3,638,792 4,8170.203 73.3

Medical Mut Of OH OH 29076 730 25,176 23,234 100.001 92.3

Medico Ins Co NE 31119 3527 3,526,518 2,841,563 1,7080.144 80.6

Members Hlth Ins Co AZ 94587 4677 1,723,940 1,318,458 1,0460.070 76.5

Physicians Benefits Trust Life Ins IL 68519 2358 53,447 18,715 290.002 35.0

Physicians Mut Ins Co NE 80578 367 171,083 74,014 810.007 43.3

Premera Blue Cross WA 47570 962 9,118,858 6,059,925 3,9620.373 66.5

Regence BCBS of UT UT 54550 1207 257,406 168,298 1750.011 65.4

Transamerica Financial Life Ins Co NY 70688 468 2,624,387 1,621,015 1,1700.107 61.8

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 97

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

GROUP POLICICES ISSUED IN

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016

2013 2014 2015, ,

2015

Transamerica Life Ins Co IA 86231 468 21,178,961 14,477,461 12,5830.866 68.4

Transamerica Premier Life Ins Co IA 66281 468 690,379 491,939 4170.028 71.3

Tufts Ins Co Inc MA 60117 4742 15,759,600 11,909,699 7,2660.644 75.6

United Amer Ins Co NE 92916 290 6,180,075 4,074,351 2,8210.253 65.9

United Hlthcare Ins Co Of NY NY 60093 707 318,604,359 249,525,445 144,98213.021 78.3

UnitedHealthcare Ins Co CT 79413 707 1,965,357,217 1,548,530,561 1,066,39980.320 78.8

Wisconsin Physicians Serv Ins Corp WI 53139 68 36,124 17,673 180.001 48.9

2,446,899,462 1,917,282,868 1,296,310TOTAL 78.4

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 98

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TOTAL GROUP POLICIES

BY DIRECT PREMIUMS EARNED

© 2016 National Association of Insurance Commissioners 99

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© 2016 National Association of Insurance Commissioners 100

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL GROUP POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

UnitedHealthcare Ins Co CT 79413 707 5,199,453,174 4,060,642,336 2,372,75576.212 78.1

United Hlthcare Ins Co Of NY NY 60093 707 866,799,227 684,555,316 338,95812.705 79.0

Transamerica Life Ins Co IA 86231 468 93,803,686 69,358,336 42,0211.375 73.9

BCBS of MA MA 53228 3637 57,357,162 47,684,113 19,6970.841 83.1

American Republic Ins Co IA 60836 3527 52,629,243 40,139,424 16,0680.771 76.3

Community Ins Co OH 10345 671 44,545,892 36,643,980 18,0390.653 82.3

Highmark Inc PA 54771 812 43,289,731 25,919,045 21,3390.635 59.9

Mutual Of Omaha Ins Co NE 71412 261 38,108,767 30,439,425 12,8860.559 79.9

Principal Life Ins Co IA 61271 332 37,643,483 30,339,996 11,6380.552 80.6

Bankers Life & Cas Co IL 61263 233 32,788,700 29,286,312 12,6780.481 89.3

Premera Blue Cross WA 47570 962 32,015,876 23,005,063 12,6730.469 71.9

BCBS Of NE NE 77780 29,995,865 23,007,651 15,3460.440 76.7

BCBS of TN Inc TN 54518 3498 26,209,198 23,142,032 15,5810.384 88.3

Medico Ins Co NE 31119 3527 22,137,692 18,332,722 8,0450.324 82.8

BCBS Of KS Inc KS 70729 430 17,759,667 13,242,598 6,5760.260 74.6

Tufts Ins Co Inc MA 60117 4742 15,759,600 11,909,699 7,2660.231 75.6

BCBS of RI RI 53473 15,640,773 11,384,839 7,1140.229 72.8

Health Care Serv Corp A Mut Legal Re IL 70670 917 15,607,421 12,412,462 4,1180.229 79.5

Transamerica Premier Life Ins Co IA 66281 468 15,586,974 12,760,386 6,5360.228 81.9

Anthem Hlth Plans Inc CT 60217 671 15,570,619 10,237,478 12,6830.228 65.7

BCBSM Inc MN 55026 461 15,348,004 13,575,859 13,7120.225 88.5

Constitution Life Ins Co TX 62359 953 15,327,089 13,108,764 5,6530.225 85.5

Independence Hospital Ind Plan Inc PA 54704 936 15,217,506 13,569,425 14,9720.223 89.2

Transamerica Financial Life Ins Co NY 70688 468 13,517,920 10,007,622 5,1090.198 74.0

United Amer Ins Co NE 92916 290 11,536,278 7,951,211 4,7460.169 68.9

American Natl Life Ins Co Of TX TX 71773 408 11,030,459 7,974,889 3,5930.162 72.3

Excellus Hlth Plan Inc NY 55107 1186 8,814,204 6,723,700 3,9960.129 76.3

Anthem Hlth Plans of NH NH 53759 671 6,233,909 6,115,823 8650.091 98.1

Continental Life Ins Co Brentwood TN 68500 1 5,285,084 4,038,909 1,6860.077 76.4

Cigna Hlth & Life Ins Co CT 67369 901 4,486,772 4,290,614 1,4700.066 95.6

Heartland Natl Life Ins Co IN 66214 4,283,047 3,318,323 3,9250.063 77.5

Educators Mut Ins Assoc UT 81701 126 3,751,642 2,095,352 1,2520.055 55.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 101

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL GROUP POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Amalgamated Life & Hlth Ins Co IL 60208 3,611,332 2,420,121 1,5880.053 67.0

Christian Fidelity Life Ins Co TX 61859 574 3,318,629 2,230,749 7890.049 67.2

Hartford Life Ins Co CT 88072 91 2,869,833 1,890,504 1,4900.042 65.9

Medical Mut Of OH OH 29076 730 2,778,609 2,195,433 9690.041 79.0

Highmark West Virginia Inc. WV 54828 812 2,655,769 2,206,248 9720.039 83.1

Central States H & L Co Of Omaha NE 61751 690 2,442,647 2,040,207 8750.036 83.5

Members Hlth Ins Co AZ 94587 4677 1,976,582 1,444,808 1,1740.029 73.1

First United Amer Life Ins Co NY 74101 290 1,640,565 1,251,737 6500.024 76.3

United Teacher Assoc Ins Co TX 63479 4852 1,346,225 944,815 2960.020 70.2

Health Alliance Medical Plans IL 77950 1192 1,291,127 1,156,081 5130.019 89.5

Physicians Benefits Trust Life Ins IL 68519 2358 1,206,821 673,484 4620.018 55.8

Hartford Life & Accident Ins Co CT 70815 91 1,103,607 1,119,964 7260.016 101.5

Physicians Mut Ins Co NE 80578 367 1,099,671 715,765 4370.016 65.1

Regence BCBS of UT UT 54550 1207 1,091,579 773,070 5470.016 70.8

BCBS of VT VT 53295 4745 979,330 660,360 4610.014 67.4

Wisconsin Physicians Serv Ins Corp WI 53139 68 756,902 409,266 2430.011 54.1

Oxford Life Ins Co AZ 76112 574 631,992 614,938 3040.009 97.3

American Progressive L&H Ins Of NY NY 80624 953 562,936 418,993 1770.008 74.4

BCBS Of FL FL 98167 536 464,066 259,084 1570.007 55.8

Guarantee Trust Life Ins Co IL 64211 687 428,568 273,448 1090.006 63.8

Globe Life & Accident Ins Co NE 91472 290 366,348 345,454 1570.005 94.3

Aetna Life Ins Co CT 60054 1 329,651 171,890 2200.005 52.1

Union Labor Life Ins Co MD 69744 781 314,621 686,642 1350.005 218.2

American Family Life Assur Co of Col NE 60380 370 234,220 270,530 820.003 115.5

Combined Ins Co Of Amer IL 62146 626 205,950 316,165 1030.003 153.5

Gerber Life Ins Co NY 70939 4483 180,570 341,056 490.003 188.9

Aetna Hlth & Life Ins Co CT 78700 1 167,345 120,835 3430.002 72.2

21st Century Premier Ins Co PA 20796 69 161,390 130,726 810.002 81.0

Allianz Life Ins Co Of N Amer MN 90611 761 134,648 194,852 600.002 144.7

Continental Gen Ins Co OH 71404 4852 109,862 161,650 520.002 147.1

Coventry Hlth & Life Ins Co MO 81973 1 88,690 35,094 370.001 39.6

Medica Hlth Plans MN 52626 1552 69,156 175,449 50.001 253.7

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 102

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL GROUP POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

North Amer Ins Co WI 68349 574 66,037 20,267 120.001 30.7

Allianz Life Ins Co Of NY NY 64190 761 37,632 60,966 400.001 162.0

Connecticut Gen Life Ins Co CT 62308 901 16,525 -1,723 00.000 -10.4

CMFG Life Ins Co IA 62626 306 15,307 13,847 110.000 90.5

BCBS Of MS Mut Ins Co MS 60111 1126 9,095 -9,487 30.000 -104.3

National Benefit Life Ins Co NY 61409 4750 6,179 172 120.000 2.8

Reliastar Life Ins Co MN 67105 4832 6,110 8,506 30.000 139.2

Anthem Hlth Plans of ME Inc ME 52618 671 4,915 3,541 20.000 72.0

Genworth Life & Ann Ins Co VA 65536 4011 4,475 12,635 40.000 282.3

London Life Reins Co PA 76694 769 2,985 51,051 30.000 1,710.3

Washington Natl Ins Co IN 70319 233 2,363 2,390 20.000 101.1

American Gen Life Ins Co TX 60488 12 1,144 805 10.000 70.4

Sterling Life Ins Co IL 77399 901 0 -8,090 00.000 N/A

Health Net Life Ins Co CA 66141 623 -3,011 22,862 00.000 -759.3

6,822,323,661 5,334,040,864 3,037,352TOTAL 78.2

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 103

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© 2016 National Association of Insurance Commissioners 104

Page 111: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

TOTAL GROUP POLICIES

BY COMPANY NAME

© 2016 National Association of Insurance Commissioners 105

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© 2016 National Association of Insurance Commissioners 106

Page 113: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL GROUP POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

21st Century Premier Ins Co PA 20796 69 161,390 130,726 810.002 81.0

Aetna Hlth & Life Ins Co CT 78700 1 167,345 120,835 3430.002 72.2

Aetna Life Ins Co CT 60054 1 329,651 171,890 2200.005 52.1

Allianz Life Ins Co Of N Amer MN 90611 761 134,648 194,852 600.002 144.7

Allianz Life Ins Co Of NY NY 64190 761 37,632 60,966 400.001 162.0

Amalgamated Life & Hlth Ins Co IL 60208 3,611,332 2,420,121 1,5880.053 67.0

American Family Life Assur Co of Col NE 60380 370 234,220 270,530 820.003 115.5

American Gen Life Ins Co TX 60488 12 1,144 805 10.000 70.4

American Natl Life Ins Co Of TX TX 71773 408 11,030,459 7,974,889 3,5930.162 72.3

American Progressive L&H Ins Of NY NY 80624 953 562,936 418,993 1770.008 74.4

American Republic Ins Co IA 60836 3527 52,629,243 40,139,424 16,0680.771 76.3

Anthem Hlth Plans Inc CT 60217 671 15,570,619 10,237,478 12,6830.228 65.7

Anthem Hlth Plans of ME Inc ME 52618 671 4,915 3,541 20.000 72.0

Anthem Hlth Plans of NH NH 53759 671 6,233,909 6,115,823 8650.091 98.1

Bankers Life & Cas Co IL 61263 233 32,788,700 29,286,312 12,6780.481 89.3

BCBS Of FL FL 98167 536 464,066 259,084 1570.007 55.8

BCBS Of KS Inc KS 70729 430 17,759,667 13,242,598 6,5760.260 74.6

BCBS of MA MA 53228 3637 57,357,162 47,684,113 19,6970.841 83.1

BCBS Of MS Mut Ins Co MS 60111 1126 9,095 -9,487 30.000 -104.3

BCBS Of NE NE 77780 29,995,865 23,007,651 15,3460.440 76.7

BCBS of RI RI 53473 15,640,773 11,384,839 7,1140.229 72.8

BCBS of TN Inc TN 54518 3498 26,209,198 23,142,032 15,5810.384 88.3

BCBS of VT VT 53295 4745 979,330 660,360 4610.014 67.4

BCBSM Inc MN 55026 461 15,348,004 13,575,859 13,7120.225 88.5

Central States H & L Co Of Omaha NE 61751 690 2,442,647 2,040,207 8750.036 83.5

Christian Fidelity Life Ins Co TX 61859 574 3,318,629 2,230,749 7890.049 67.2

Cigna Hlth & Life Ins Co CT 67369 901 4,486,772 4,290,614 1,4700.066 95.6

CMFG Life Ins Co IA 62626 306 15,307 13,847 110.000 90.5

Combined Ins Co Of Amer IL 62146 626 205,950 316,165 1030.003 153.5

Community Ins Co OH 10345 671 44,545,892 36,643,980 18,0390.653 82.3

Connecticut Gen Life Ins Co CT 62308 901 16,525 -1,723 00.000 -10.4

Constitution Life Ins Co TX 62359 953 15,327,089 13,108,764 5,6530.225 85.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 107

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL GROUP POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Continental Gen Ins Co OH 71404 4852 109,862 161,650 520.002 147.1

Continental Life Ins Co Brentwood TN 68500 1 5,285,084 4,038,909 1,6860.077 76.4

Coventry Hlth & Life Ins Co MO 81973 1 88,690 35,094 370.001 39.6

Educators Mut Ins Assoc UT 81701 126 3,751,642 2,095,352 1,2520.055 55.9

Excellus Hlth Plan Inc NY 55107 1186 8,814,204 6,723,700 3,9960.129 76.3

First United Amer Life Ins Co NY 74101 290 1,640,565 1,251,737 6500.024 76.3

Genworth Life & Ann Ins Co VA 65536 4011 4,475 12,635 40.000 282.3

Gerber Life Ins Co NY 70939 4483 180,570 341,056 490.003 188.9

Globe Life & Accident Ins Co NE 91472 290 366,348 345,454 1570.005 94.3

Guarantee Trust Life Ins Co IL 64211 687 428,568 273,448 1090.006 63.8

Hartford Life & Accident Ins Co CT 70815 91 1,103,607 1,119,964 7260.016 101.5

Hartford Life Ins Co CT 88072 91 2,869,833 1,890,504 1,4900.042 65.9

Health Alliance Medical Plans IL 77950 1192 1,291,127 1,156,081 5130.019 89.5

Health Care Serv Corp A Mut Legal Re IL 70670 917 15,607,421 12,412,462 4,1180.229 79.5

Health Net Life Ins Co CA 66141 623 -3,011 22,862 00.000 -759.3

Heartland Natl Life Ins Co IN 66214 4,283,047 3,318,323 3,9250.063 77.5

Highmark Inc PA 54771 812 43,289,731 25,919,045 21,3390.635 59.9

Highmark West Virginia Inc. WV 54828 812 2,655,769 2,206,248 9720.039 83.1

Independence Hospital Ind Plan Inc PA 54704 936 15,217,506 13,569,425 14,9720.223 89.2

London Life Reins Co PA 76694 769 2,985 51,051 30.000 1,710.3

Medica Hlth Plans MN 52626 1552 69,156 175,449 50.001 253.7

Medical Mut Of OH OH 29076 730 2,778,609 2,195,433 9690.041 79.0

Medico Ins Co NE 31119 3527 22,137,692 18,332,722 8,0450.324 82.8

Members Hlth Ins Co AZ 94587 4677 1,976,582 1,444,808 1,1740.029 73.1

Mutual Of Omaha Ins Co NE 71412 261 38,108,767 30,439,425 12,8860.559 79.9

National Benefit Life Ins Co NY 61409 4750 6,179 172 120.000 2.8

North Amer Ins Co WI 68349 574 66,037 20,267 120.001 30.7

Oxford Life Ins Co AZ 76112 574 631,992 614,938 3040.009 97.3

Physicians Benefits Trust Life Ins IL 68519 2358 1,206,821 673,484 4620.018 55.8

Physicians Mut Ins Co NE 80578 367 1,099,671 715,765 4370.016 65.1

Premera Blue Cross WA 47570 962 32,015,876 23,005,063 12,6730.469 71.9

Principal Life Ins Co IA 61271 332 37,643,483 30,339,996 11,6380.552 80.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 108

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL GROUP POLICIES

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Regence BCBS of UT UT 54550 1207 1,091,579 773,070 5470.016 70.8

Reliastar Life Ins Co MN 67105 4832 6,110 8,506 30.000 139.2

Sterling Life Ins Co IL 77399 901 0 -8,090 00.000 N/A

Transamerica Financial Life Ins Co NY 70688 468 13,517,920 10,007,622 5,1090.198 74.0

Transamerica Life Ins Co IA 86231 468 93,803,686 69,358,336 42,0211.375 73.9

Transamerica Premier Life Ins Co IA 66281 468 15,586,974 12,760,386 6,5360.228 81.9

Tufts Ins Co Inc MA 60117 4742 15,759,600 11,909,699 7,2660.231 75.6

Union Labor Life Ins Co MD 69744 781 314,621 686,642 1350.005 218.2

United Amer Ins Co NE 92916 290 11,536,278 7,951,211 4,7460.169 68.9

United Hlthcare Ins Co Of NY NY 60093 707 866,799,227 684,555,316 338,95812.705 79.0

United Teacher Assoc Ins Co TX 63479 4852 1,346,225 944,815 2960.020 70.2

UnitedHealthcare Ins Co CT 79413 707 5,199,453,174 4,060,642,336 2,372,75576.212 78.1

Washington Natl Ins Co IN 70319 233 2,363 2,390 20.000 101.1

Wisconsin Physicians Serv Ins Corp WI 53139 68 756,902 409,266 2430.011 54.1

6,822,323,661 5,334,040,864 3,037,352TOTAL 78.2

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 109

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© 2016 National Association of Insurance Commissioners 110

Page 117: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

TOTAL POLICIES (INDIVIDUAL AND GROUP)

BY DIRECT PREMIUMS EARNED

© 2016 National Association of Insurance Commissioners 111

Page 118: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 112

Page 119: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

UnitedHealthcare Ins Co CT 79413 707 8,276,072,267 6,436,017,358 3,723,18431.511 77.8

Health Care Serv Corp A Mut Legal Re IL 70670 917 1,404,491,801 1,090,571,255 615,4685.348 77.6

United Of Omaha Life Ins Co NE 69868 261 1,062,670,133 782,427,365 436,9464.046 73.6

United Hlthcare Ins Co Of NY NY 60093 707 866,799,227 684,555,316 338,9583.300 79.0

Mutual Of Omaha Ins Co NE 71412 261 637,957,499 476,453,251 322,4692.429 74.7

BCBS of MA MA 53228 3637 449,340,358 420,966,748 202,9821.711 93.7

BCBS Of FL FL 98167 536 407,383,908 323,391,330 179,3331.551 79.4

American Continental Ins Co TN 12321 1 381,900,594 297,812,701 199,2581.454 78.0

Colonial Penn Life Ins Co PA 62065 233 380,071,228 269,379,628 202,5071.447 70.9

United World Life Ins Co NE 72850 261 367,683,965 258,707,405 113,2101.400 70.4

Wellmark Inc IA 88848 770 355,792,360 289,102,949 163,3431.355 81.3

Bankers Life & Cas Co IL 61263 233 354,010,775 241,526,951 110,3151.348 68.2

Continental Life Ins Co Brentwood TN 68500 1 352,598,025 266,535,962 181,5501.343 75.6

BCBS of NC Inc NC 54631 351,568,138 272,288,297 160,3711.339 77.4

Highmark Inc PA 54771 812 309,815,020 247,557,563 132,2011.180 79.9

Omaha Ins Co NE 13100 261 290,075,115 222,151,187 224,3091.104 76.6

BCBS of MI Mut Ins Co MI 54291 572 289,971,135 460,271,666 198,0221.104 158.7

Anthem Hlth Plans of VA Inc VA 71835 671 276,721,733 200,328,513 119,2281.054 72.4

Horizon Ins Co NJ 14690 1202 271,051,786 223,950,843 98,1381.032 82.6

State Farm Mut Auto Ins Co IL 25178 176 265,235,666 198,302,903 107,0111.010 74.8

Humana Ins Co WI 73288 119 259,682,429 197,540,270 135,2700.989 76.1

BCBS Of KS Inc KS 70729 430 251,341,185 208,523,798 112,5810.957 83.0

United Amer Ins Co NE 92916 290 247,320,135 162,464,328 102,8380.942 65.7

USAble Mut Ins Co AR 83470 876 242,950,452 190,721,737 115,3830.925 78.5

USAA Life Ins Co TX 69663 200 241,816,805 183,765,130 115,4690.921 76.0

BCBSM Inc MN 55026 461 233,339,445 187,463,814 177,0620.888 80.3

BCBS of AL AL 55433 570 233,159,230 196,973,261 125,6500.888 84.5

Transamerica Life Ins Co IA 86231 468 204,363,789 156,541,914 58,4060.778 76.6

American Retirement Life Ins Co OH 88366 901 191,085,173 148,585,276 121,8450.728 77.8

Physicians Mut Ins Co NE 80578 367 174,740,161 110,872,348 82,3120.665 63.4

Anthem Hlth Plans Of KY Inc KY 95120 671 169,458,896 130,902,339 79,5460.645 77.2

BCBS Of NE NE 77780 164,613,070 131,344,901 70,6770.627 79.8

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 113

Page 120: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Carefirst of MD Inc MD 47058 380 157,214,542 112,081,726 56,0940.599 71.3

BCBS of GA Inc GA 54801 671 147,059,537 114,167,559 58,6240.560 77.6

BCBS of TN Inc TN 54518 3498 146,684,911 108,961,349 64,4030.558 74.3

Anthem Ins Co Inc IN 28207 671 139,772,622 100,905,977 50,5410.532 72.2

BCBS Of SC Inc SC 38520 661 138,652,916 90,191,576 58,2270.528 65.0

Loyal Amer Life Ins Co OH 65722 901 134,649,235 101,732,788 57,9500.513 75.6

TRH Hlth Ins Co TN 89005 4677 128,403,747 93,195,480 59,0080.489 72.6

American Republic Ins Co IA 60836 3527 127,758,259 90,093,114 42,8760.486 70.5

Wisconsin Physicians Serv Ins Corp WI 53139 68 122,755,647 76,431,752 42,9940.467 62.3

Community Ins Co OH 10345 671 122,158,154 91,239,958 51,5200.465 74.7

Gerber Life Ins Co NY 70939 4483 117,011,283 88,603,524 42,3340.446 75.7

Equitable Life & Cas Ins Co UT 62952 114,832,831 87,292,473 59,6730.437 76.0

Louisiana Hlth Serv & Ind Co LA 81200 438 106,936,829 83,999,007 44,2870.407 78.6

Premera Blue Cross WA 47570 962 100,445,803 72,328,024 42,8540.382 72.0

Philadelphia Amer Life Ins Co TX 67784 520 99,776,331 76,857,138 53,5010.380 77.0

Constitution Life Ins Co TX 62359 953 98,787,803 70,845,946 27,8010.376 71.7

Aetna Life Ins Co CT 60054 1 97,452,273 69,077,204 37,9650.371 70.9

New Era Life Ins Co TX 78743 520 95,666,022 73,767,829 47,9010.364 77.1

Healthy Alliance Life Ins Co MO 78972 671 89,907,273 65,041,741 35,4050.342 72.3

Empire Healthchoice Assur Inc NY 55093 671 89,751,102 62,500,690 30,6880.342 69.6

BCBS of AZ Inc AZ 53589 87,766,298 60,347,467 37,3210.334 68.8

Sterling Life Ins Co IL 77399 901 87,032,516 60,225,560 35,0520.331 69.2

Anthem Hlth Plans Inc CT 60217 671 84,276,740 67,354,424 46,0360.321 79.9

Noridian Mut Ins Co ND 55891 83,514,184 67,333,813 36,0400.318 80.6

Rocky Mountain Hospital & Medical CO 11011 671 81,939,149 55,443,553 34,0110.312 67.7

HPHC Ins Co Inc MA 18975 595 81,854,946 62,433,231 39,5370.312 76.3

Bankers Fidelity Life Ins Co GA 61239 587 79,723,690 54,789,428 36,3070.304 68.7

Medico Ins Co NE 31119 3527 77,998,400 62,036,255 35,1360.297 79.5

BCBS of WI WI 54003 671 76,311,117 50,995,960 24,8490.291 66.8

Physicians Life Ins Co NE 72125 367 74,226,338 51,217,521 26,9600.283 69.0

Central States Ind Co Of Omaha NE 34274 31 73,315,046 54,921,761 43,3230.279 74.9

Anthem Hlth Plans of NH NH 53759 671 70,752,934 53,581,395 30,3410.269 75.7

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 114

Page 121: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Thrivent Financial For Lutherans WI 56014 2938 69,512,865 46,643,897 28,3450.265 67.1

Washington Natl Ins Co IN 70319 233 65,939,003 44,583,474 18,5320.251 67.6

Forethought Life Ins Co IN 91642 3891 65,253,523 49,368,344 32,7700.248 75.7

Standard Life & Accident Ins Co TX 86355 408 65,162,474 46,607,644 31,4170.248 71.5

Regence BlueShield WA 53902 1207 64,720,359 47,627,013 27,8030.246 73.6

Transamerica Premier Life Ins Co IA 66281 468 64,231,584 56,918,882 81,0110.245 88.6

BCBS of KC MO 47171 537 61,771,293 43,950,239 23,2310.235 71.1

Combined Ins Co Of Amer IL 62146 626 60,989,701 47,474,175 25,9320.232 77.8

Aetna Hlth & Life Ins Co CT 78700 1 58,240,660 41,969,623 61,6760.222 72.1

Health Net Life Ins Co CA 66141 623 57,904,610 44,466,462 23,5270.220 76.8

Principal Life Ins Co IA 61271 332 57,264,368 45,312,523 17,3190.218 79.1

Order of United Commercial Travelers OH 56383 57,166,889 47,316,440 16,0260.218 82.8

Country Life Ins Co IL 62553 50 56,080,947 39,594,738 21,6860.214 70.6

BCBS of RI RI 53473 56,054,706 43,553,478 24,8040.213 77.7

Wellmark Of SD Inc SD 60128 770 55,416,119 43,147,062 22,2780.211 77.9

Independence Hospital Ind Plan Inc PA 54704 936 55,031,622 52,137,922 44,7780.210 94.7

American Republic Corp Ins Co NE 67679 3527 54,615,899 37,631,645 21,4510.208 68.9

Genworth Life & Ann Ins Co VA 65536 4011 53,696,896 35,561,057 18,2390.204 66.2

Family Life Ins Co TX 63053 1117 53,550,200 42,408,259 18,7320.204 79.2

American Family Life Assur Co of Col NE 60380 370 52,038,036 42,822,932 20,9090.198 82.3

Manhattan Life Ins Co NY 65870 1117 51,656,826 41,023,406 44,1790.197 79.4

Assured Life Assn CO 56499 49,973,647 37,138,034 17,9850.190 74.3

New Era Life Ins Co Of Midwest TX 69698 520 49,561,354 41,184,691 25,1560.189 83.1

Continental Gen Ins Co OH 71404 4852 48,473,883 34,323,225 15,6140.185 70.8

Old Surety Life Ins Co OK 67326 45,734,947 30,894,234 24,3300.174 67.6

Anthem Hlth Plans of ME Inc ME 52618 671 43,515,725 36,760,115 20,2550.166 84.5

United Teacher Assoc Ins Co TX 63479 4852 43,336,079 29,758,877 11,7560.165 68.7

Oxford Life Ins Co AZ 76112 574 42,104,389 37,569,199 23,0170.160 89.2

Reserve Natl Ins Co OK 68462 215 40,531,845 28,287,146 17,4370.154 69.8

Everence Assn Inc IN 57991 4616 39,037,648 27,395,469 18,7940.149 70.2

Sentinel Security Life Ins Co UT 68802 4824 37,760,786 27,930,720 14,8220.144 74.0

Christian Fidelity Life Ins Co TX 61859 574 37,483,991 24,336,496 9,6640.143 64.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 115

Page 122: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Regence BCBS of UT UT 54550 1207 35,704,124 25,347,983 15,4420.136 71.0

Dean Hlth Plan Inc WI 96156 1294 34,944,174 30,195,618 26,6990.133 86.4

Government Personnel Mut Life Ins Co TX 63967 4712 33,415,350 26,375,665 17,5590.127 78.9

BCBS Of MS Mut Ins Co MS 60111 1126 33,261,124 28,382,706 12,4700.127 85.3

Royal Neighbors Of Amer IL 57657 31,682,980 21,727,304 8,7260.121 68.6

Excellus Hlth Plan Inc NY 55107 1186 31,545,638 26,595,428 12,5200.120 84.3

First United Amer Life Ins Co NY 74101 290 31,403,702 26,424,752 22,9290.120 84.1

Blue Care Network Of MI MI 95610 572 31,179,232 21,901,972 12,9730.119 70.2

Medical Mut Of OH OH 29076 730 31,115,338 22,030,470 14,0390.118 70.8

American Family Mut Ins Co WI 19275 473 29,878,235 20,081,640 8,8130.114 67.2

Tufts Ins Co Inc MA 60117 4742 28,953,931 23,884,249 14,6100.110 82.5

Capital Advantage Ins Co PA 41203 1230 27,149,196 19,596,831 20,9180.103 72.2

Medico Corp Life Ins Co NE 79987 3527 25,760,838 17,673,636 25,1640.098 68.6

Pekin Life Ins Co IL 67628 153 25,658,371 18,280,192 11,5720.098 71.2

Heartland Natl Life Ins Co IN 66214 25,360,069 19,692,979 12,5840.097 77.7

Golden Rule Ins Co IN 62286 707 25,195,938 17,524,740 8,9770.096 69.6

Triple S Salud Inc PR 55816 4802 24,107,584 16,100,009 17,5910.092 66.8

Capital Blue Cross PA 54720 1230 23,747,641 22,135,777 18,9380.090 93.2

Regence BCBS of OR OR 54933 1207 23,160,227 17,665,788 8,3580.088 76.3

Group Hospitalization & Med Srvcs DC 53007 380 21,925,092 17,718,550 10,1470.083 80.8

Priority Hlth MI 95561 3383 20,630,354 14,558,242 10,5600.079 70.6

Unicare Life & Hlth Ins Co IN 80314 671 19,967,507 12,299,958 5,9490.076 61.6

North Amer Ins Co WI 68349 574 19,069,503 15,470,855 5,5700.073 81.1

State Mut Ins Co GA 69132 18,825,422 12,634,922 5,4370.072 67.1

Highmark West Virginia Inc. WV 54828 812 18,406,344 14,820,672 7,4750.070 80.5

BCBS of WY WY 53767 18,291,758 14,030,631 8,8160.070 76.7

Blue Cross of ID Hlth Serv Inc ID 60095 1290 17,306,799 13,794,024 6,7690.066 79.7

Avera Hlth Plans Inc SD 95839 16,410,668 11,191,590 9,9210.062 68.2

Pyramid Life Ins Co KS 68284 953 15,491,055 9,610,891 4,0410.059 62.0

Transamerica Financial Life Ins Co NY 70688 468 14,661,212 10,898,374 5,3690.056 74.3

American Progressive L&H Ins Of NY NY 80624 953 14,293,109 10,251,914 4,2350.054 71.7

Sierra Hlth & Life Ins Co Inc NV 71420 707 14,206,244 11,327,133 4,5030.054 79.7

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 116

Page 123: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Central States H & L Co Of Omaha NE 61751 690 14,022,498 9,305,245 4,1540.053 66.4

Highmark BCBSD Inc DE 53287 812 13,682,342 9,574,513 5,4250.052 70.0

Sterling Investors Life Ins Co IN 89184 13,427,742 9,680,253 3,6400.051 72.1

Humana Ins Co of NY NY 12634 119 13,179,060 8,867,726 6,6320.050 67.3

Guarantee Trust Life Ins Co IL 64211 687 12,445,308 7,081,390 3,1400.047 56.9

Regence Blueshield Of ID Inc ID 60131 1207 11,814,654 8,558,790 4,4320.045 72.4

Pacificare Life & Hlth Ins Co IN 70785 707 11,590,703 9,362,138 4,3250.044 80.8

Provident Amer Life & Hlth Ins Co OH 67903 901 11,415,602 7,876,497 2,8580.043 69.0

American Natl Life Ins Co Of TX TX 71773 408 11,030,775 7,975,119 3,5950.042 72.3

Humana Hlth Ins Co Of FL Inc FL 69671 119 10,918,254 7,472,594 5,8380.042 68.4

CDPHP Universal Benefits Inc NY 47027 4708 10,731,576 14,954,359 4,5920.041 139.3

Celtic Ins Co IL 80799 1295 10,031,869 6,699,254 2,4820.038 66.8

KSKJ Life Amer Slovenian Catholic Un IL 56227 10,000,484 7,616,888 4,1690.038 76.2

BCBS of VT VT 53295 4745 9,952,015 8,148,099 3,6810.038 81.9

Globe Life & Accident Ins Co NE 91472 290 9,640,078 7,828,325 4,8780.037 81.2

Asuris NW Hlth WA 47350 1207 9,574,332 7,709,410 4,7820.036 80.5

Humana Ins Co Of KY KY 60219 119 9,553,736 7,155,758 4,4520.036 74.9

Nationwide Life Ins Co OH 66869 140 9,403,763 6,417,048 2,7850.036 68.2

Universal Fidelity Life Ins Co OK 70122 9,054,191 6,309,791 3,4240.034 69.7

Individual Assur Co Life Hlth & Acc OK 81779 8,691,797 6,051,657 13,8420.033 69.6

The Vt Hlth Plan LLC VT 95696 4745 8,423,704 6,901,161 4,9850.032 81.9

First Comm Hlth Plan Inc AL 47051 7,479,197 5,151,835 3,8690.028 68.9

Amerihealth Ins Co Of NJ NJ 60061 936 7,464,996 5,988,597 4,0090.028 80.2

Puritan Life Ins Co of Amer TX 71390 4826 7,307,801 5,535,170 1,8820.028 75.7

United Natl Life Ins Co Of Amer IL 92703 687 7,124,602 6,123,065 2,9220.027 85.9

Shenandoah Life Ins Co VA 68845 4764 7,123,669 4,765,705 2,3180.027 66.9

Health Now NY Inc NY 55204 6,788,385 6,614,928 2,5640.026 97.4

Central Reserve Life Ins Co OH 61727 901 6,583,655 4,108,755 1,6190.025 62.4

Pennsylvania Life Ins Co PA 67660 4667 6,447,751 3,969,047 1,5260.025 61.6

Lincoln Heritage Life Ins Co IL 65927 6,397,341 3,408,173 1,3110.024 53.3

Bankers Conseco Life Ins Co NY 68560 233 6,373,288 4,708,721 3,2670.024 73.9

Health Alliance Medical Plans IL 77950 1192 6,176,836 4,404,186 1,9710.024 71.3

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 117

Page 124: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Group Hlth Inc NY 55239 1127 5,908,713 4,941,919 1,9240.022 83.6

Great Amer Life Ins Co OH 63312 84 5,796,243 4,240,810 1,7880.022 73.2

Health Net Hlth Plan of OR Inc OR 95800 623 5,599,191 5,544,898 2,2770.021 99.0

Fallon Hlth & Life Assur Co MA 66828 4741 5,571,463 5,794,939 2,1230.021 104.0

Coventry Hlth & Life Ins Co MO 81973 1 5,551,900 3,727,334 1,7760.021 67.1

Humanadental Ins Co WI 70580 119 5,389,992 4,350,506 4,1570.021 80.7

Security Hlth Plan of WI Inc WI 96881 5,187,238 4,136,319 1,7450.020 79.7

Cigna Hlth & Life Ins Co CT 67369 901 4,492,675 4,300,002 1,4740.017 95.7

Unified Life Ins Co TX 11121 4,486,709 4,639,007 1,5160.017 103.4

Health Tradition Hlth Plan WI 96628 4,202,697 3,311,725 1,7700.016 78.8

Geisinger Ind Ins Co PA 10244 1143 4,104,908 2,950,832 1,6510.016 71.9

Educators Mut Ins Assoc UT 81701 126 3,751,642 2,095,352 1,2520.014 55.9

Hartford Life Ins Co CT 88072 91 3,704,753 2,351,091 1,6660.014 63.5

Sanford Hlth Plan SD 95683 1246 3,700,756 3,244,994 1,7550.014 87.7

Amalgamated Life & Hlth Ins Co IL 60208 3,611,332 2,420,121 1,5880.014 67.0

Humana Hlth Benefit Plan of LA Inc LA 95642 119 3,497,515 2,486,688 1,5190.013 71.1

LifeWise Hlth Plan of OR Inc OR 84930 962 3,460,802 2,467,307 8880.013 71.3

Unity Hlth Plans Ins Corp WI 95796 3,442,741 2,745,206 1,7970.013 79.7

CSI Life Ins Co NE 82880 31 3,357,169 1,879,786 4,5610.013 56.0

Inter Cty Hospitalization Plan Inc PA 54763 936 3,329,469 3,149,910 1,2070.013 94.6

First Hlth Life & Hlth Ins Co TX 90328 1 3,145,462 2,381,944 1,4210.012 75.7

Paramount Ins Co OH 11518 1212 3,063,776 2,327,326 1,1190.012 76.0

Physicians Plus Ins Corp WI 95341 3,020,736 2,112,555 1,3140.012 69.9

Group Hlth Coop of S Central WI WI 95311 2,938,522 2,936,292 1,3210.011 99.9

Liberty Natl Life Ins Co NE 65331 290 2,826,819 1,935,653 1,8130.011 68.5

Genworth Life Ins Co DE 70025 4011 2,742,805 3,131,899 6060.010 114.2

Group Hlth Options Inc WA 47055 1185 2,681,212 2,234,473 9820.010 83.3

Avalon Ins Co PA 12358 1230 2,670,084 2,108,523 5790.010 79.0

New York Life Ins Co NY 66915 826 2,454,469 1,784,042 6770.009 72.7

Companion Life Ins Co SC 77828 661 2,376,944 1,867,882 1,5980.009 78.6

Columbian Mut Life Ins Co NY 62103 535 2,355,584 1,764,957 9730.009 74.9

Alliance Hlth & Life Ins Co MI 60134 1311 2,329,972 1,934,928 9390.009 83.0

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 118

Page 125: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

THP Ins Co WV 60016 1297 2,315,477 1,622,157 14,2960.009 70.1

Qualchoice Life & Hlth Ins Co Inc AR 70998 4807 2,069,749 2,017,572 1,7430.008 97.5

Members Hlth Ins Co AZ 94587 4677 2,006,000 1,477,682 1,1960.008 73.7

Wilco Life Ins Co IN 65900 4213 1,753,972 1,324,579 5600.007 75.5

United Hlthcare of AL Inc AL 95784 707 1,666,724 1,436,729 6790.006 86.2

MercyCare HMO Inc WI 12195 3595 1,654,496 1,579,299 1,4070.006 95.5

Jefferson Natl Life Ins Co TX 64017 4836 1,573,362 1,145,266 4130.006 72.8

American Gen Life Ins Co TX 60488 12 1,553,458 1,091,970 4650.006 70.3

New W Hlth Serv MT 95829 1,536,175 1,127,417 8270.006 73.4

Connecticut Gen Life Ins Co CT 62308 901 1,530,742 1,297,187 5310.006 84.7

Idealife Ins Co CT 97764 31 1,312,837 964,174 3060.005 73.4

Bankers Fidelity Assur Co GA 71919 587 1,271,275 588,184 1,6970.005 46.3

Physicians Benefits Trust Life Ins IL 68519 2358 1,206,821 673,484 4620.005 55.8

Hartford Life & Accident Ins Co CT 70815 91 1,106,738 1,126,485 7270.004 101.8

Central United Life Ins Co AR 61883 1117 983,511 861,430 3740.004 87.6

Communitycare Life & Hlth Ins Co OK 89008 3487 974,352 768,812 4030.004 78.9

Standard Life & Cas Ins Co UT 71706 964,096 667,473 1,0860.004 69.2

Kanawha Ins Co SC 65110 119 923,809 755,826 2850.004 81.8

Auto Owners Life Ins Co MI 61190 280 772,933 449,388 2060.003 58.1

Gundersen Hlth Plan Inc WI 95101 4751 756,609 614,832 5350.003 81.3

BridgeSpan Hlth Co UT 95303 1207 747,461 412,657 2660.003 55.2

UTMB Hlth Plans Inc TX 95764 731,461 332,743 2710.003 45.5

Union Fidelity Life Ins Co KS 62596 350 730,325 674,146 2660.003 92.3

Consumers Life Ins Co OH 62375 730 703,431 420,594 2540.003 59.8

Shelter Life Ins Co MO 65757 123 698,897 719,126 3060.003 102.9

Ability Ins Co NE 71471 4824 537,377 278,630 1230.002 51.9

Union Labor Life Ins Co MD 69744 781 535,100 1,155,552 2690.002 216.0

WMI Mut Ins Co UT 68420 514,580 386,777 1680.002 75.2

SPJST TX 57436 505,961 332,402 1500.002 65.7

Aultcare Ins Co OH 77216 4805 498,292 357,557 1880.002 71.8

American Family Life Assur Co of NY NY 60526 370 490,315 368,810 1730.002 75.2

Western Catholic Union IL 57711 489,680 369,105 4680.002 75.4

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 119

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Medica Hlth Plans MN 52626 1552 455,356 742,077 780.002 163.0

Southwest Serv Life Ins Co TX 82430 1339 440,537 232,632 950.002 52.8

Compcare Hlth Serv Ins Corp WI 95693 671 417,771 232,471 970.002 55.6

Jackson Natl Life Ins Co MI 65056 918 392,888 426,034 2080.001 108.4

Inter Cnty Hlth Plan Inc PA 53252 936 380,954 366,820 1,2000.001 96.3

American Income Life Ins Co IN 60577 290 363,901 323,483 910.001 88.9

HNE Ins Co MA 14198 4756 362,583 304,039 2310.001 83.9

John Alden Life Ins Co WI 65080 19 361,228 263,965 1140.001 73.1

American Family Ins Co OH 10386 473 353,163 276,576 960.001 78.3

Sanford Hlth Plan of MN MN 95725 1246 352,739 326,885 1590.001 92.7

HMO dba Blue Plus MN 95649 461 334,119 254,205 1190.001 76.1

Time Ins Co WI 69477 19 310,943 255,106 1040.001 82.0

Loyal Christian Benefit Assn PA 56758 280,825 203,167 3060.001 72.3

WPS Hlth Plan Inc WI 10159 68 266,162 114,137 480.001 42.9

Allianz Life Ins Co Of N Amer MN 90611 761 265,467 368,563 1250.001 138.8

Jefferson Life Ins Co TX 94790 252,764 351,523 1360.001 139.1

21st Century Premier Ins Co PA 20796 69 224,762 171,343 1200.001 76.2

Hawaii Medical Serv Assn HI 49948 187,845 168,205 730.001 89.5

Upmc Hlth Benefits Inc PA 11018 1324 180,245 275,312 930.001 152.7

EPIC Life Ins Co WI 64149 68 174,392 146,192 820.001 83.8

Prudential Ins Co Of Amer NJ 68241 304 171,838 232,520 600.001 135.3

UCare MN MN 52629 4380 165,863 131,543 530.001 79.3

Summa Ins Co Inc OH 10649 3259 147,893 114,716 570.001 77.6

United Farm Family Life Ins Co IN 69892 542 136,306 164,883 710.001 121.0

Trustmark Ins Co IL 61425 276 132,383 -59,062 390.001 -44.6

American Natl Ins Co TX 60739 408 116,075 84,950 510.000 73.2

Health First Ins Inc FL 14140 4740 115,036 98,238 370.000 85.4

USAble Life AR 94358 876 109,147 59,429 220.000 54.4

IA Amer Life Ins Co TX 91693 315 97,893 87,864 960.000 89.8

United Security Assur Co Of PA PA 42129 80,200 44,136 230.000 55.0

Natl Foundation Life Ins Co TX 98205 839 74,855 149,488 340.000 199.7

Coventry Hlth Care of IL Inc IL 74160 1 73,130 63,483 170.000 86.8

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 120

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Cincinnati Equitable Life Ins Co OH 88064 838 59,578 31,321 240.000 52.6

Pacificsource Hlth Plans OR 54976 4704 57,402 44,557 280.000 77.6

Group Hlth Coop of Eau Claire WI 95192 57,377 22,443 90.000 39.1

Sagicor Life Ins Co TX 60445 50,998 110,766 250.000 217.2

Kansas City Life Ins Co MO 65129 588 38,970 67,138 140.000 172.3

Allianz Life Ins Co Of NY NY 64190 761 37,632 60,966 400.000 162.0

Medical Hlth Insuring Corp of OH OH 95828 730 36,228 25,459 80.000 70.3

Central Security Life Ins Co TX 61735 526 30,019 45,868 180.000 152.8

Medisun Inc AZ 95982 29,331 25,769 100.000 87.9

United Hlthcare of AZ Inc AZ 96016 707 28,526 59,464 190.000 208.5

Mid West Natl Life Ins Co Of TN TX 66087 264 24,124 18,876 190.000 78.2

US Hlth & Life Ins Co Inc MI 97772 22,672 33,148 50.000 146.2

CSA Fraternal Life IL 56138 21,751 11,381 90.000 52.3

Ryder Hlth Plan Inc PR 95743 21,400 24,318 350.000 113.6

Greek Catholic Union Of The USA PA 56693 20,248 12,034 1,0500.000 59.4

Assurity Life Ins Co NE 71439 19,261 43,702 240.000 226.9

Hometown Hlth Providers Ins Co NV 48305 4791 17,882 1,989 130.000 11.1

Voya Retirement Ins & Ann Co CT 86509 4832 17,872 40,022 70.000 223.9

Humana Benefit Plan of IL Inc IL 60052 119 15,785 22,626 110.000 143.3

CMFG Life Ins Co IA 62626 306 15,307 13,847 110.000 90.5

Polish Falcons Of Amer PA 56820 14,355 10,827 330.000 75.4

National Hlth Ins Co TX 82538 2538 12,339 60,074 150.000 486.9

Federated Mut Ins Co MN 13935 7 9,899 27,178 70.000 274.6

Protective Life Ins Co TN 68136 458 9,248 16,831 80.000 182.0

Provident Amer Ins Co TX 68179 8,959 6,983 70.000 77.9

LifeSecure Ins Co MI 77720 572 8,653 19,636 70.000 226.9

Colonial Life & Accident Ins Co SC 62049 565 8,436 2,789 30.000 33.1

National Cas Co WI 11991 140 7,826 6,698 220.000 85.6

Cincinnati Life Ins Co OH 76236 244 7,532 11,280 90.000 149.8

National Benefit Life Ins Co NY 61409 4750 6,179 172 120.000 2.8

Reliastar Life Ins Co MN 67105 4832 6,110 8,506 30.000 139.2

United Heritage Life Ins Co ID 63983 2878 5,918 12,839 30.000 216.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 121

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Direct Premiums Earned U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Federal Life Ins Co IL 63223 5,904 10,627 20.000 180.0

Medico Life & Hlth Ins Co IA 65641 3527 5,841 14,565 50.000 249.4

Midwestern United Life Ins Co IN 66109 4832 5,810 9,094 20.000 156.5

Old Amer Ins Co MO 67199 588 4,407 6,558 100.000 148.8

Security Life Of Denver Ins Co CO 68713 4832 4,111 13,811 30.000 336.0

London Life Reins Co PA 76694 769 2,985 51,051 30.000 1,710.3

Motorists Commercial Mut Ins Co OH 13331 291 2,651 848 10.000 32.0

Metropolitan Life Ins Co NY 65978 241 1,902 2,458 10.000 129.2

Americo Fin Life & Ann Ins Co TX 61999 449 1,837 83 100.000 4.5

Careamerica Life Ins Co CA 71331 2798 1,169 0 20.000 0.0

Investors Life Ins Co N Amer TX 63487 449 737 6,860 20.000 930.8

CICA Life Ins Co of Amer CO 71463 612 553 47 30.000 8.5

BCS Ins Co OH 38245 23 426 0 00.000 0.0

Investors Heritage Life Ins Co KY 64904 342 -621 00.000 -181.6

American Fidelity Assur Co OK 60410 330 0 -2,857 00.000 N/A

National Guardian Life Ins Co WI 66583 1211 0 1,000 00.000 N/A

26,264,259,682 20,342,925,862 11,932,482TOTAL 77.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 122

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TOTAL POLICIES (INDIVIDUAL AND GROUP)

BY COMPANY NAME

© 2016 National Association of Insurance Commissioners 123

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© 2016 National Association of Insurance Commissioners 124

Page 131: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

21st Century Premier Ins Co PA 20796 69 224,762 171,343 1200.001 76.2

Ability Ins Co NE 71471 4824 537,377 278,630 1230.002 51.9

Aetna Hlth & Life Ins Co CT 78700 1 58,240,660 41,969,623 61,6760.222 72.1

Aetna Life Ins Co CT 60054 1 97,452,273 69,077,204 37,9650.371 70.9

Alliance Hlth & Life Ins Co MI 60134 1311 2,329,972 1,934,928 9390.009 83.0

Allianz Life Ins Co Of N Amer MN 90611 761 265,467 368,563 1250.001 138.8

Allianz Life Ins Co Of NY NY 64190 761 37,632 60,966 400.000 162.0

Amalgamated Life & Hlth Ins Co IL 60208 3,611,332 2,420,121 1,5880.014 67.0

American Continental Ins Co TN 12321 1 381,900,594 297,812,701 199,2581.454 78.0

American Family Ins Co OH 10386 473 353,163 276,576 960.001 78.3

American Family Life Assur Co of Col NE 60380 370 52,038,036 42,822,932 20,9090.198 82.3

American Family Life Assur Co of NY NY 60526 370 490,315 368,810 1730.002 75.2

American Family Mut Ins Co WI 19275 473 29,878,235 20,081,640 8,8130.114 67.2

American Fidelity Assur Co OK 60410 330 0 -2,857 00.000 N/A

American Gen Life Ins Co TX 60488 12 1,553,458 1,091,970 4650.006 70.3

American Income Life Ins Co IN 60577 290 363,901 323,483 910.001 88.9

American Natl Ins Co TX 60739 408 116,075 84,950 510.000 73.2

American Natl Life Ins Co Of TX TX 71773 408 11,030,775 7,975,119 3,5950.042 72.3

American Progressive L&H Ins Of NY NY 80624 953 14,293,109 10,251,914 4,2350.054 71.7

American Republic Corp Ins Co NE 67679 3527 54,615,899 37,631,645 21,4510.208 68.9

American Republic Ins Co IA 60836 3527 127,758,259 90,093,114 42,8760.486 70.5

American Retirement Life Ins Co OH 88366 901 191,085,173 148,585,276 121,8450.728 77.8

Americo Fin Life & Ann Ins Co TX 61999 449 1,837 83 100.000 4.5

Amerihealth Ins Co Of NJ NJ 60061 936 7,464,996 5,988,597 4,0090.028 80.2

Anthem Hlth Plans Inc CT 60217 671 84,276,740 67,354,424 46,0360.321 79.9

Anthem Hlth Plans Of KY Inc KY 95120 671 169,458,896 130,902,339 79,5460.645 77.2

Anthem Hlth Plans of ME Inc ME 52618 671 43,515,725 36,760,115 20,2550.166 84.5

Anthem Hlth Plans of NH NH 53759 671 70,752,934 53,581,395 30,3410.269 75.7

Anthem Hlth Plans of VA Inc VA 71835 671 276,721,733 200,328,513 119,2281.054 72.4

Anthem Ins Co Inc IN 28207 671 139,772,622 100,905,977 50,5410.532 72.2

Assured Life Assn CO 56499 49,973,647 37,138,034 17,9850.190 74.3

Assurity Life Ins Co NE 71439 19,261 43,702 240.000 226.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 125

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Asuris NW Hlth WA 47350 1207 9,574,332 7,709,410 4,7820.036 80.5

Aultcare Ins Co OH 77216 4805 498,292 357,557 1880.002 71.8

Auto Owners Life Ins Co MI 61190 280 772,933 449,388 2060.003 58.1

Avalon Ins Co PA 12358 1230 2,670,084 2,108,523 5790.010 79.0

Avera Hlth Plans Inc SD 95839 16,410,668 11,191,590 9,9210.062 68.2

Bankers Conseco Life Ins Co NY 68560 233 6,373,288 4,708,721 3,2670.024 73.9

Bankers Fidelity Assur Co GA 71919 587 1,271,275 588,184 1,6970.005 46.3

Bankers Fidelity Life Ins Co GA 61239 587 79,723,690 54,789,428 36,3070.304 68.7

Bankers Life & Cas Co IL 61263 233 354,010,775 241,526,951 110,3151.348 68.2

BCBS of AL AL 55433 570 233,159,230 196,973,261 125,6500.888 84.5

BCBS of AZ Inc AZ 53589 87,766,298 60,347,467 37,3210.334 68.8

BCBS Of FL FL 98167 536 407,383,908 323,391,330 179,3331.551 79.4

BCBS of GA Inc GA 54801 671 147,059,537 114,167,559 58,6240.560 77.6

BCBS of KC MO 47171 537 61,771,293 43,950,239 23,2310.235 71.1

BCBS Of KS Inc KS 70729 430 251,341,185 208,523,798 112,5810.957 83.0

BCBS of MA MA 53228 3637 449,340,358 420,966,748 202,9821.711 93.7

BCBS of MI Mut Ins Co MI 54291 572 289,971,135 460,271,666 198,0221.104 158.7

BCBS Of MS Mut Ins Co MS 60111 1126 33,261,124 28,382,706 12,4700.127 85.3

BCBS of NC Inc NC 54631 351,568,138 272,288,297 160,3711.339 77.4

BCBS Of NE NE 77780 164,613,070 131,344,901 70,6770.627 79.8

BCBS of RI RI 53473 56,054,706 43,553,478 24,8040.213 77.7

BCBS Of SC Inc SC 38520 661 138,652,916 90,191,576 58,2270.528 65.0

BCBS of TN Inc TN 54518 3498 146,684,911 108,961,349 64,4030.558 74.3

BCBS of VT VT 53295 4745 9,952,015 8,148,099 3,6810.038 81.9

BCBS of WI WI 54003 671 76,311,117 50,995,960 24,8490.291 66.8

BCBS of WY WY 53767 18,291,758 14,030,631 8,8160.070 76.7

BCBSM Inc MN 55026 461 233,339,445 187,463,814 177,0620.888 80.3

BCS Ins Co OH 38245 23 426 0 00.000 0.0

Blue Care Network Of MI MI 95610 572 31,179,232 21,901,972 12,9730.119 70.2

Blue Cross of ID Hlth Serv Inc ID 60095 1290 17,306,799 13,794,024 6,7690.066 79.7

BridgeSpan Hlth Co UT 95303 1207 747,461 412,657 2660.003 55.2

Capital Advantage Ins Co PA 41203 1230 27,149,196 19,596,831 20,9180.103 72.2

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 126

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Capital Blue Cross PA 54720 1230 23,747,641 22,135,777 18,9380.090 93.2

Careamerica Life Ins Co CA 71331 2798 1,169 0 20.000 0.0

Carefirst of MD Inc MD 47058 380 157,214,542 112,081,726 56,0940.599 71.3

CDPHP Universal Benefits Inc NY 47027 4708 10,731,576 14,954,359 4,5920.041 139.3

Celtic Ins Co IL 80799 1295 10,031,869 6,699,254 2,4820.038 66.8

Central Reserve Life Ins Co OH 61727 901 6,583,655 4,108,755 1,6190.025 62.4

Central Security Life Ins Co TX 61735 526 30,019 45,868 180.000 152.8

Central States H & L Co Of Omaha NE 61751 690 14,022,498 9,305,245 4,1540.053 66.4

Central States Ind Co Of Omaha NE 34274 31 73,315,046 54,921,761 43,3230.279 74.9

Central United Life Ins Co AR 61883 1117 983,511 861,430 3740.004 87.6

Christian Fidelity Life Ins Co TX 61859 574 37,483,991 24,336,496 9,6640.143 64.9

CICA Life Ins Co of Amer CO 71463 612 553 47 30.000 8.5

Cigna Hlth & Life Ins Co CT 67369 901 4,492,675 4,300,002 1,4740.017 95.7

Cincinnati Equitable Life Ins Co OH 88064 838 59,578 31,321 240.000 52.6

Cincinnati Life Ins Co OH 76236 244 7,532 11,280 90.000 149.8

CMFG Life Ins Co IA 62626 306 15,307 13,847 110.000 90.5

Colonial Life & Accident Ins Co SC 62049 565 8,436 2,789 30.000 33.1

Colonial Penn Life Ins Co PA 62065 233 380,071,228 269,379,628 202,5071.447 70.9

Columbian Mut Life Ins Co NY 62103 535 2,355,584 1,764,957 9730.009 74.9

Combined Ins Co Of Amer IL 62146 626 60,989,701 47,474,175 25,9320.232 77.8

Community Ins Co OH 10345 671 122,158,154 91,239,958 51,5200.465 74.7

Communitycare Life & Hlth Ins Co OK 89008 3487 974,352 768,812 4030.004 78.9

Companion Life Ins Co SC 77828 661 2,376,944 1,867,882 1,5980.009 78.6

Compcare Hlth Serv Ins Corp WI 95693 671 417,771 232,471 970.002 55.6

Connecticut Gen Life Ins Co CT 62308 901 1,530,742 1,297,187 5310.006 84.7

Constitution Life Ins Co TX 62359 953 98,787,803 70,845,946 27,8010.376 71.7

Consumers Life Ins Co OH 62375 730 703,431 420,594 2540.003 59.8

Continental Gen Ins Co OH 71404 4852 48,473,883 34,323,225 15,6140.185 70.8

Continental Life Ins Co Brentwood TN 68500 1 352,598,025 266,535,962 181,5501.343 75.6

Country Life Ins Co IL 62553 50 56,080,947 39,594,738 21,6860.214 70.6

Coventry Hlth & Life Ins Co MO 81973 1 5,551,900 3,727,334 1,7760.021 67.1

Coventry Hlth Care of IL Inc IL 74160 1 73,130 63,483 170.000 86.8

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 127

Page 134: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

CSA Fraternal Life IL 56138 21,751 11,381 90.000 52.3

CSI Life Ins Co NE 82880 31 3,357,169 1,879,786 4,5610.013 56.0

Dean Hlth Plan Inc WI 96156 1294 34,944,174 30,195,618 26,6990.133 86.4

Educators Mut Ins Assoc UT 81701 126 3,751,642 2,095,352 1,2520.014 55.9

Empire Healthchoice Assur Inc NY 55093 671 89,751,102 62,500,690 30,6880.342 69.6

EPIC Life Ins Co WI 64149 68 174,392 146,192 820.001 83.8

Equitable Life & Cas Ins Co UT 62952 114,832,831 87,292,473 59,6730.437 76.0

Everence Assn Inc IN 57991 4616 39,037,648 27,395,469 18,7940.149 70.2

Excellus Hlth Plan Inc NY 55107 1186 31,545,638 26,595,428 12,5200.120 84.3

Fallon Hlth & Life Assur Co MA 66828 4741 5,571,463 5,794,939 2,1230.021 104.0

Family Life Ins Co TX 63053 1117 53,550,200 42,408,259 18,7320.204 79.2

Federal Life Ins Co IL 63223 5,904 10,627 20.000 180.0

Federated Mut Ins Co MN 13935 7 9,899 27,178 70.000 274.6

First Comm Hlth Plan Inc AL 47051 7,479,197 5,151,835 3,8690.028 68.9

First Hlth Life & Hlth Ins Co TX 90328 1 3,145,462 2,381,944 1,4210.012 75.7

First United Amer Life Ins Co NY 74101 290 31,403,702 26,424,752 22,9290.120 84.1

Forethought Life Ins Co IN 91642 3891 65,253,523 49,368,344 32,7700.248 75.7

Geisinger Ind Ins Co PA 10244 1143 4,104,908 2,950,832 1,6510.016 71.9

Genworth Life & Ann Ins Co VA 65536 4011 53,696,896 35,561,057 18,2390.204 66.2

Genworth Life Ins Co DE 70025 4011 2,742,805 3,131,899 6060.010 114.2

Gerber Life Ins Co NY 70939 4483 117,011,283 88,603,524 42,3340.446 75.7

Globe Life & Accident Ins Co NE 91472 290 9,640,078 7,828,325 4,8780.037 81.2

Golden Rule Ins Co IN 62286 707 25,195,938 17,524,740 8,9770.096 69.6

Government Personnel Mut Life Ins Co TX 63967 4712 33,415,350 26,375,665 17,5590.127 78.9

Great Amer Life Ins Co OH 63312 84 5,796,243 4,240,810 1,7880.022 73.2

Greek Catholic Union Of The USA PA 56693 20,248 12,034 1,0500.000 59.4

Group Hlth Coop of Eau Claire WI 95192 57,377 22,443 90.000 39.1

Group Hlth Coop of S Central WI WI 95311 2,938,522 2,936,292 1,3210.011 99.9

Group Hlth Inc NY 55239 1127 5,908,713 4,941,919 1,9240.022 83.6

Group Hlth Options Inc WA 47055 1185 2,681,212 2,234,473 9820.010 83.3

Group Hospitalization & Med Srvcs DC 53007 380 21,925,092 17,718,550 10,1470.083 80.8

Guarantee Trust Life Ins Co IL 64211 687 12,445,308 7,081,390 3,1400.047 56.9

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 128

Page 135: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Gundersen Hlth Plan Inc WI 95101 4751 756,609 614,832 5350.003 81.3

Hartford Life & Accident Ins Co CT 70815 91 1,106,738 1,126,485 7270.004 101.8

Hartford Life Ins Co CT 88072 91 3,704,753 2,351,091 1,6660.014 63.5

Hawaii Medical Serv Assn HI 49948 187,845 168,205 730.001 89.5

Health Alliance Medical Plans IL 77950 1192 6,176,836 4,404,186 1,9710.024 71.3

Health Care Serv Corp A Mut Legal Re IL 70670 917 1,404,491,801 1,090,571,255 615,4685.348 77.6

Health First Ins Inc FL 14140 4740 115,036 98,238 370.000 85.4

Health Net Hlth Plan of OR Inc OR 95800 623 5,599,191 5,544,898 2,2770.021 99.0

Health Net Life Ins Co CA 66141 623 57,904,610 44,466,462 23,5270.220 76.8

Health Now NY Inc NY 55204 6,788,385 6,614,928 2,5640.026 97.4

Health Tradition Hlth Plan WI 96628 4,202,697 3,311,725 1,7700.016 78.8

Healthy Alliance Life Ins Co MO 78972 671 89,907,273 65,041,741 35,4050.342 72.3

Heartland Natl Life Ins Co IN 66214 25,360,069 19,692,979 12,5840.097 77.7

Highmark BCBSD Inc DE 53287 812 13,682,342 9,574,513 5,4250.052 70.0

Highmark Inc PA 54771 812 309,815,020 247,557,563 132,2011.180 79.9

Highmark West Virginia Inc. WV 54828 812 18,406,344 14,820,672 7,4750.070 80.5

HMO dba Blue Plus MN 95649 461 334,119 254,205 1190.001 76.1

HNE Ins Co MA 14198 4756 362,583 304,039 2310.001 83.9

Hometown Hlth Providers Ins Co NV 48305 4791 17,882 1,989 130.000 11.1

Horizon Ins Co NJ 14690 1202 271,051,786 223,950,843 98,1381.032 82.6

HPHC Ins Co Inc MA 18975 595 81,854,946 62,433,231 39,5370.312 76.3

Humana Benefit Plan of IL Inc IL 60052 119 15,785 22,626 110.000 143.3

Humana Hlth Benefit Plan of LA Inc LA 95642 119 3,497,515 2,486,688 1,5190.013 71.1

Humana Hlth Ins Co Of FL Inc FL 69671 119 10,918,254 7,472,594 5,8380.042 68.4

Humana Ins Co WI 73288 119 259,682,429 197,540,270 135,2700.989 76.1

Humana Ins Co Of KY KY 60219 119 9,553,736 7,155,758 4,4520.036 74.9

Humana Ins Co of NY NY 12634 119 13,179,060 8,867,726 6,6320.050 67.3

Humanadental Ins Co WI 70580 119 5,389,992 4,350,506 4,1570.021 80.7

IA Amer Life Ins Co TX 91693 315 97,893 87,864 960.000 89.8

Idealife Ins Co CT 97764 31 1,312,837 964,174 3060.005 73.4

Independence Hospital Ind Plan Inc PA 54704 936 55,031,622 52,137,922 44,7780.210 94.7

Individual Assur Co Life Hlth & Acc OK 81779 8,691,797 6,051,657 13,8420.033 69.6

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 129

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NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Inter Cnty Hlth Plan Inc PA 53252 936 380,954 366,820 1,2000.001 96.3

Inter Cty Hospitalization Plan Inc PA 54763 936 3,329,469 3,149,910 1,2070.013 94.6

Investors Heritage Life Ins Co KY 64904 342 -621 00.000 -181.6

Investors Life Ins Co N Amer TX 63487 449 737 6,860 20.000 930.8

Jackson Natl Life Ins Co MI 65056 918 392,888 426,034 2080.001 108.4

Jefferson Life Ins Co TX 94790 252,764 351,523 1360.001 139.1

Jefferson Natl Life Ins Co TX 64017 4836 1,573,362 1,145,266 4130.006 72.8

John Alden Life Ins Co WI 65080 19 361,228 263,965 1140.001 73.1

Kanawha Ins Co SC 65110 119 923,809 755,826 2850.004 81.8

Kansas City Life Ins Co MO 65129 588 38,970 67,138 140.000 172.3

KSKJ Life Amer Slovenian Catholic Un IL 56227 10,000,484 7,616,888 4,1690.038 76.2

Liberty Natl Life Ins Co NE 65331 290 2,826,819 1,935,653 1,8130.011 68.5

LifeSecure Ins Co MI 77720 572 8,653 19,636 70.000 226.9

LifeWise Hlth Plan of OR Inc OR 84930 962 3,460,802 2,467,307 8880.013 71.3

Lincoln Heritage Life Ins Co IL 65927 6,397,341 3,408,173 1,3110.024 53.3

London Life Reins Co PA 76694 769 2,985 51,051 30.000 1,710.3

Louisiana Hlth Serv & Ind Co LA 81200 438 106,936,829 83,999,007 44,2870.407 78.6

Loyal Amer Life Ins Co OH 65722 901 134,649,235 101,732,788 57,9500.513 75.6

Loyal Christian Benefit Assn PA 56758 280,825 203,167 3060.001 72.3

Manhattan Life Ins Co NY 65870 1117 51,656,826 41,023,406 44,1790.197 79.4

Medica Hlth Plans MN 52626 1552 455,356 742,077 780.002 163.0

Medical Hlth Insuring Corp of OH OH 95828 730 36,228 25,459 80.000 70.3

Medical Mut Of OH OH 29076 730 31,115,338 22,030,470 14,0390.118 70.8

Medico Corp Life Ins Co NE 79987 3527 25,760,838 17,673,636 25,1640.098 68.6

Medico Ins Co NE 31119 3527 77,998,400 62,036,255 35,1360.297 79.5

Medico Life & Hlth Ins Co IA 65641 3527 5,841 14,565 50.000 249.4

Medisun Inc AZ 95982 29,331 25,769 100.000 87.9

Members Hlth Ins Co AZ 94587 4677 2,006,000 1,477,682 1,1960.008 73.7

MercyCare HMO Inc WI 12195 3595 1,654,496 1,579,299 1,4070.006 95.5

Metropolitan Life Ins Co NY 65978 241 1,902 2,458 10.000 129.2

Mid West Natl Life Ins Co Of TN TX 66087 264 24,124 18,876 190.000 78.2

Midwestern United Life Ins Co IN 66109 4832 5,810 9,094 20.000 156.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 130

Page 137: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Motorists Commercial Mut Ins Co OH 13331 291 2,651 848 10.000 32.0

Mutual Of Omaha Ins Co NE 71412 261 637,957,499 476,453,251 322,4692.429 74.7

National Benefit Life Ins Co NY 61409 4750 6,179 172 120.000 2.8

National Cas Co WI 11991 140 7,826 6,698 220.000 85.6

National Guardian Life Ins Co WI 66583 1211 0 1,000 00.000 N/A

National Hlth Ins Co TX 82538 2538 12,339 60,074 150.000 486.9

Nationwide Life Ins Co OH 66869 140 9,403,763 6,417,048 2,7850.036 68.2

Natl Foundation Life Ins Co TX 98205 839 74,855 149,488 340.000 199.7

New Era Life Ins Co TX 78743 520 95,666,022 73,767,829 47,9010.364 77.1

New Era Life Ins Co Of Midwest TX 69698 520 49,561,354 41,184,691 25,1560.189 83.1

New W Hlth Serv MT 95829 1,536,175 1,127,417 8270.006 73.4

New York Life Ins Co NY 66915 826 2,454,469 1,784,042 6770.009 72.7

Noridian Mut Ins Co ND 55891 83,514,184 67,333,813 36,0400.318 80.6

North Amer Ins Co WI 68349 574 19,069,503 15,470,855 5,5700.073 81.1

Old Amer Ins Co MO 67199 588 4,407 6,558 100.000 148.8

Old Surety Life Ins Co OK 67326 45,734,947 30,894,234 24,3300.174 67.6

Omaha Ins Co NE 13100 261 290,075,115 222,151,187 224,3091.104 76.6

Order of United Commercial Travelers OH 56383 57,166,889 47,316,440 16,0260.218 82.8

Oxford Life Ins Co AZ 76112 574 42,104,389 37,569,199 23,0170.160 89.2

Pacificare Life & Hlth Ins Co IN 70785 707 11,590,703 9,362,138 4,3250.044 80.8

Pacificsource Hlth Plans OR 54976 4704 57,402 44,557 280.000 77.6

Paramount Ins Co OH 11518 1212 3,063,776 2,327,326 1,1190.012 76.0

Pekin Life Ins Co IL 67628 153 25,658,371 18,280,192 11,5720.098 71.2

Pennsylvania Life Ins Co PA 67660 4667 6,447,751 3,969,047 1,5260.025 61.6

Philadelphia Amer Life Ins Co TX 67784 520 99,776,331 76,857,138 53,5010.380 77.0

Physicians Benefits Trust Life Ins IL 68519 2358 1,206,821 673,484 4620.005 55.8

Physicians Life Ins Co NE 72125 367 74,226,338 51,217,521 26,9600.283 69.0

Physicians Mut Ins Co NE 80578 367 174,740,161 110,872,348 82,3120.665 63.4

Physicians Plus Ins Corp WI 95341 3,020,736 2,112,555 1,3140.012 69.9

Polish Falcons Of Amer PA 56820 14,355 10,827 330.000 75.4

Premera Blue Cross WA 47570 962 100,445,803 72,328,024 42,8540.382 72.0

Principal Life Ins Co IA 61271 332 57,264,368 45,312,523 17,3190.218 79.1

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 131

Page 138: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Priority Hlth MI 95561 3383 20,630,354 14,558,242 10,5600.079 70.6

Protective Life Ins Co TN 68136 458 9,248 16,831 80.000 182.0

Provident Amer Ins Co TX 68179 8,959 6,983 70.000 77.9

Provident Amer Life & Hlth Ins Co OH 67903 901 11,415,602 7,876,497 2,8580.043 69.0

Prudential Ins Co Of Amer NJ 68241 304 171,838 232,520 600.001 135.3

Puritan Life Ins Co of Amer TX 71390 4826 7,307,801 5,535,170 1,8820.028 75.7

Pyramid Life Ins Co KS 68284 953 15,491,055 9,610,891 4,0410.059 62.0

Qualchoice Life & Hlth Ins Co Inc AR 70998 4807 2,069,749 2,017,572 1,7430.008 97.5

Regence BCBS of OR OR 54933 1207 23,160,227 17,665,788 8,3580.088 76.3

Regence BCBS of UT UT 54550 1207 35,704,124 25,347,983 15,4420.136 71.0

Regence BlueShield WA 53902 1207 64,720,359 47,627,013 27,8030.246 73.6

Regence Blueshield Of ID Inc ID 60131 1207 11,814,654 8,558,790 4,4320.045 72.4

Reliastar Life Ins Co MN 67105 4832 6,110 8,506 30.000 139.2

Reserve Natl Ins Co OK 68462 215 40,531,845 28,287,146 17,4370.154 69.8

Rocky Mountain Hospital & Medical CO 11011 671 81,939,149 55,443,553 34,0110.312 67.7

Royal Neighbors Of Amer IL 57657 31,682,980 21,727,304 8,7260.121 68.6

Ryder Hlth Plan Inc PR 95743 21,400 24,318 350.000 113.6

Sagicor Life Ins Co TX 60445 50,998 110,766 250.000 217.2

Sanford Hlth Plan SD 95683 1246 3,700,756 3,244,994 1,7550.014 87.7

Sanford Hlth Plan of MN MN 95725 1246 352,739 326,885 1590.001 92.7

Security Hlth Plan of WI Inc WI 96881 5,187,238 4,136,319 1,7450.020 79.7

Security Life Of Denver Ins Co CO 68713 4832 4,111 13,811 30.000 336.0

Sentinel Security Life Ins Co UT 68802 4824 37,760,786 27,930,720 14,8220.144 74.0

Shelter Life Ins Co MO 65757 123 698,897 719,126 3060.003 102.9

Shenandoah Life Ins Co VA 68845 4764 7,123,669 4,765,705 2,3180.027 66.9

Sierra Hlth & Life Ins Co Inc NV 71420 707 14,206,244 11,327,133 4,5030.054 79.7

Southwest Serv Life Ins Co TX 82430 1339 440,537 232,632 950.002 52.8

SPJST TX 57436 505,961 332,402 1500.002 65.7

Standard Life & Accident Ins Co TX 86355 408 65,162,474 46,607,644 31,4170.248 71.5

Standard Life & Cas Ins Co UT 71706 964,096 667,473 1,0860.004 69.2

State Farm Mut Auto Ins Co IL 25178 176 265,235,666 198,302,903 107,0111.010 74.8

State Mut Ins Co GA 69132 18,825,422 12,634,922 5,4370.072 67.1

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 132

Page 139: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Sterling Investors Life Ins Co IN 89184 13,427,742 9,680,253 3,6400.051 72.1

Sterling Life Ins Co IL 77399 901 87,032,516 60,225,560 35,0520.331 69.2

Summa Ins Co Inc OH 10649 3259 147,893 114,716 570.001 77.6

The Vt Hlth Plan LLC VT 95696 4745 8,423,704 6,901,161 4,9850.032 81.9

THP Ins Co WV 60016 1297 2,315,477 1,622,157 14,2960.009 70.1

Thrivent Financial For Lutherans WI 56014 2938 69,512,865 46,643,897 28,3450.265 67.1

Time Ins Co WI 69477 19 310,943 255,106 1040.001 82.0

Transamerica Financial Life Ins Co NY 70688 468 14,661,212 10,898,374 5,3690.056 74.3

Transamerica Life Ins Co IA 86231 468 204,363,789 156,541,914 58,4060.778 76.6

Transamerica Premier Life Ins Co IA 66281 468 64,231,584 56,918,882 81,0110.245 88.6

TRH Hlth Ins Co TN 89005 4677 128,403,747 93,195,480 59,0080.489 72.6

Triple S Salud Inc PR 55816 4802 24,107,584 16,100,009 17,5910.092 66.8

Trustmark Ins Co IL 61425 276 132,383 -59,062 390.001 -44.6

Tufts Ins Co Inc MA 60117 4742 28,953,931 23,884,249 14,6100.110 82.5

UCare MN MN 52629 4380 165,863 131,543 530.001 79.3

Unicare Life & Hlth Ins Co IN 80314 671 19,967,507 12,299,958 5,9490.076 61.6

Unified Life Ins Co TX 11121 4,486,709 4,639,007 1,5160.017 103.4

Union Fidelity Life Ins Co KS 62596 350 730,325 674,146 2660.003 92.3

Union Labor Life Ins Co MD 69744 781 535,100 1,155,552 2690.002 216.0

United Amer Ins Co NE 92916 290 247,320,135 162,464,328 102,8380.942 65.7

United Farm Family Life Ins Co IN 69892 542 136,306 164,883 710.001 121.0

United Heritage Life Ins Co ID 63983 2878 5,918 12,839 30.000 216.9

United Hlthcare Ins Co Of NY NY 60093 707 866,799,227 684,555,316 338,9583.300 79.0

United Hlthcare of AL Inc AL 95784 707 1,666,724 1,436,729 6790.006 86.2

United Hlthcare of AZ Inc AZ 96016 707 28,526 59,464 190.000 208.5

United Natl Life Ins Co Of Amer IL 92703 687 7,124,602 6,123,065 2,9220.027 85.9

United Of Omaha Life Ins Co NE 69868 261 1,062,670,133 782,427,365 436,9464.046 73.6

United Security Assur Co Of PA PA 42129 80,200 44,136 230.000 55.0

United Teacher Assoc Ins Co TX 63479 4852 43,336,079 29,758,877 11,7560.165 68.7

United World Life Ins Co NE 72850 261 367,683,965 258,707,405 113,2101.400 70.4

UnitedHealthcare Ins Co CT 79413 707 8,276,072,267 6,436,017,358 3,723,18431.511 77.8

Unity Hlth Plans Ins Corp WI 95796 3,442,741 2,745,206 1,7970.013 79.7

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 133

Page 140: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

In Order by Company Name U.S. and U.S. Territories

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Market

Direct Claims

Incurred

Loss Incurred to

Premiums Earned Number of

Lives Covered

Direct Premiums

Earned

Company Name

State

Dom

Cocode Group

Code

of Share% %

June 28, 2016 2015

Universal Fidelity Life Ins Co OK 70122 9,054,191 6,309,791 3,4240.034 69.7

Upmc Hlth Benefits Inc PA 11018 1324 180,245 275,312 930.001 152.7

US Hlth & Life Ins Co Inc MI 97772 22,672 33,148 50.000 146.2

USAA Life Ins Co TX 69663 200 241,816,805 183,765,130 115,4690.921 76.0

USAble Life AR 94358 876 109,147 59,429 220.000 54.4

USAble Mut Ins Co AR 83470 876 242,950,452 190,721,737 115,3830.925 78.5

UTMB Hlth Plans Inc TX 95764 731,461 332,743 2710.003 45.5

Voya Retirement Ins & Ann Co CT 86509 4832 17,872 40,022 70.000 223.9

Washington Natl Ins Co IN 70319 233 65,939,003 44,583,474 18,5320.251 67.6

Wellmark Inc IA 88848 770 355,792,360 289,102,949 163,3431.355 81.3

Wellmark Of SD Inc SD 60128 770 55,416,119 43,147,062 22,2780.211 77.9

Western Catholic Union IL 57711 489,680 369,105 4680.002 75.4

Wilco Life Ins Co IN 65900 4213 1,753,972 1,324,579 5600.007 75.5

Wisconsin Physicians Serv Ins Corp WI 53139 68 122,755,647 76,431,752 42,9940.467 62.3

WMI Mut Ins Co UT 68420 514,580 386,777 1680.002 75.2

WPS Hlth Plan Inc WI 10159 68 266,162 114,137 480.001 42.9

26,264,259,682 20,342,925,862 11,932,482TOTAL 77.5

CAUTION: The information contained on this page is unaudited and not a complete analysis nor is it an expression of opinion on any insurer. This page may contain inadvertent errors.

© 2016 National Association of Insurance Commissioners 134

Page 141: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

MARKET SHARE

BY DIRECT PREMIUMS EARNED

© 2016 National Association of Insurance Commissioners 135

Page 142: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

© 2016 National Association of Insurance Commissioners 136

Page 143: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

ALABAMA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

BCBS of AL 55433 570 233,159,230125,650 63.411 63.4AL

UnitedHealthcare Ins Co 79413 707 64,225,51031,735 17.467 80.9CT

First Comm Hlth Plan Inc 47051 7,479,1973,869 2.034 82.9AL

United World Life Ins Co 72850 261 5,933,3412,053 1.614 84.5NE

United Of Omaha Life Ins Co 69868 261 5,774,2474,886 1.570 86.1NE

Humana Ins Co 73288 119 5,289,6612,802 1.439 87.5WI

Philadelphia Amer Life Ins Co 67784 520 4,894,5013,060 1.331 88.9TX

Physicians Mut Ins Co 80578 367 4,754,9022,344 1.293 90.2NE

American Retirement Life Ins Co 88366 901 3,973,1592,656 1.081 91.2OH

American Continental Ins Co 12321 1 2,317,1291,896 0.630 91.9TN

**TOTAL** 367,694,094193,821 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 137

Page 144: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

ALASKA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 14,714,8258,041 63.465 63.5CT

Premera Blue Cross 47570 962 3,048,0561,509 13.146 76.6WA

Mutual Of Omaha Ins Co 71412 261 1,932,710814 8.336 84.9NE

Humana Ins Co 73288 119 1,173,822704 5.063 90.0WI

State Farm Mut Auto Ins Co 25178 176 869,710531 3.751 93.8IL

USAA Life Ins Co 69663 200 534,599294 2.306 96.1TX

Transamerica Life Ins Co 86231 468 281,317143 1.213 97.3IA

Loyal Amer Life Ins Co 65722 901 117,94993 0.509 97.8OH

Principal Life Ins Co 61271 332 85,81125 0.370 98.2IA

United Amer Ins Co 92916 290 79,07643 0.341 98.5NE

**TOTAL** 23,185,63112,376 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 138

Page 145: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

ARIZONA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 258,135,041119,769 46.848 46.8CT

BCBS of AZ Inc 53589 87,766,29837,321 15.929 62.8AZ

United Of Omaha Life Ins Co 69868 261 59,663,13923,517 10.828 73.6NE

American Continental Ins Co 12321 1 19,702,93413,302 3.576 77.2TN

Physicians Mut Ins Co 80578 367 14,583,3688,724 2.647 79.8NE

USAA Life Ins Co 69663 200 10,234,5706,354 1.857 81.7TX

Mutual Of Omaha Ins Co 71412 261 8,853,5013,184 1.607 83.3NE

American Republic Ins Co 60836 3527 7,585,0932,565 1.377 84.7IA

Omaha Ins Co 13100 261 6,842,5175,807 1.242 85.9NE

Humana Ins Co 73288 119 5,397,5972,890 0.980 86.9WI

**TOTAL** 551,000,125257,406 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 139

Page 146: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

ARKANSAS

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

USAble Mut Ins Co 83470 876 242,950,452115,383 67.969 68.0AR

UnitedHealthcare Ins Co 79413 707 37,338,55817,567 10.446 78.4CT

United Of Omaha Life Ins Co 69868 261 14,138,4306,365 3.955 82.4NE

American Continental Ins Co 12321 1 6,087,0302,938 1.703 84.1TN

Old Surety Life Ins Co 67326 5,542,5543,797 1.551 85.6OK

United World Life Ins Co 72850 261 4,958,1691,610 1.387 87.0NE

Humana Ins Co 73288 119 3,509,3672,252 0.982 88.0WI

Loyal Amer Life Ins Co 65722 901 2,774,2871,627 0.776 88.8OH

Mutual Of Omaha Ins Co 71412 261 2,727,165654 0.763 89.5NE

Medico Ins Co 31119 3527 2,223,1261,304 0.622 90.2NE

**TOTAL** 357,444,035172,077 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 140

Page 147: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

CALIFORNIA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 697,138,168322,641 66.619 66.6CT

Health Net Life Ins Co 66141 623 57,879,90123,516 5.531 72.1CA

Aetna Life Ins Co 60054 1 29,114,22710,634 2.782 74.9CT

USAA Life Ins Co 69663 200 29,031,57112,784 2.774 77.7TX

Colonial Penn Life Ins Co 62065 233 26,771,87013,699 2.558 80.3PA

United Amer Ins Co 92916 290 24,559,81410,879 2.347 82.6NE

Humana Ins Co 73288 119 23,099,97313,318 2.207 84.8WI

Continental Life Ins Co Brentwood 68500 1 22,239,4617,885 2.125 86.9TN

Mutual Of Omaha Ins Co 71412 261 21,148,12113,561 2.021 89.0NE

United World Life Ins Co 72850 261 20,761,7205,832 1.984 90.9NE

**TOTAL** 1,046,459,636475,741 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 141

Page 148: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

COLORADO

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 142,302,05473,154 41.605 41.6CT

Rocky Mountain Hospital & Medical 11011 671 56,829,02025,693 16.615 58.2CO

United World Life Ins Co 72850 261 13,913,1534,638 4.068 62.3NE

Mutual Of Omaha Ins Co 71412 261 12,986,9149,659 3.797 66.1NE

American Retirement Life Ins Co 88366 901 10,097,5326,591 2.952 69.0OH

USAA Life Ins Co 69663 200 9,183,9054,505 2.685 71.7TX

Humana Ins Co 73288 119 8,926,6904,757 2.610 74.3WI

Colonial Penn Life Ins Co 62065 233 7,708,1934,226 2.254 76.6PA

Bankers Life & Cas Co 61263 233 7,310,3312,139 2.137 78.7IL

American Republic Ins Co 60836 3527 7,087,8502,080 2.072 80.8IA

**TOTAL** 342,030,330164,638 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 142

Page 149: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

CONNECTICUT

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 231,418,81894,177 67.664 67.7CT

Anthem Hlth Plans Inc 60217 671 84,276,74046,036 24.641 92.3CT

USAA Life Ins Co 69663 200 5,359,5051,768 1.567 93.9TX

Humana Ins Co 73288 119 2,826,9081,293 0.827 94.7WI

Bankers Life & Cas Co 61263 233 2,538,3921,093 0.742 95.4IL

Loyal Amer Life Ins Co 65722 901 1,462,362619 0.428 95.9OH

Colonial Penn Life Ins Co 62065 233 1,448,0411,528 0.423 96.3PA

United Amer Ins Co 92916 290 1,419,0751,048 0.415 96.7NE

Transamerica Premier Life Ins Co 66281 468 1,339,650485 0.392 97.1IA

Mutual Of Omaha Ins Co 71412 261 1,326,080313 0.388 97.5NE

**TOTAL** 342,012,671151,265 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 143

Page 150: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

DELAWARE

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 77,536,22337,704 66.024 66.0CT

Highmark BCBSD Inc 53287 812 13,682,3425,425 11.651 77.7DE

Humana Ins Co 73288 119 2,990,1561,861 2.546 80.2WI

Bankers Life & Cas Co 61263 233 2,749,721809 2.341 82.6IL

Standard Life & Accident Ins Co 86355 408 2,665,5481,369 2.270 84.8TX

Guarantee Trust Life Ins Co 64211 687 2,394,384585 2.039 86.9IL

State Farm Mut Auto Ins Co 25178 176 2,388,953706 2.034 88.9IL

Colonial Penn Life Ins Co 62065 233 2,080,758957 1.772 90.7PA

USAA Life Ins Co 69663 200 1,399,774580 1.192 91.9TX

Bankers Fidelity Life Ins Co 61239 587 958,601493 0.816 92.7GA

**TOTAL** 117,437,05054,594 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 144

Page 151: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

DISTRICT OF COLUMBIA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 12,988,8716,802 67.386 67.4CT

Group Hospitalization & Med Srvcs 53007 380 4,196,3981,663 21.771 89.2DC

USAA Life Ins Co 69663 200 538,324258 2.793 91.9TX

Colonial Penn Life Ins Co 62065 233 377,496246 1.958 93.9PA

Bankers Life & Cas Co 61263 233 275,64786 1.430 95.3IL

Mutual Of Omaha Ins Co 71412 261 252,58693 1.310 96.6NE

Humana Ins Co 73288 119 180,991118 0.939 97.6WI

Transamerica Life Ins Co 86231 468 174,79796 0.907 98.5IA

United Amer Ins Co 92916 290 90,17333 0.468 99.0NE

Loyal Amer Life Ins Co 65722 901 82,74257 0.429 99.4OH

**TOTAL** 19,275,4289,503 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 145

Page 152: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

FLORIDA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 1,042,756,597434,193 54.853 54.9CT

BCBS Of FL 98167 536 407,383,908179,333 21.430 76.3FL

United Amer Ins Co 92916 290 90,628,04944,528 4.767 81.1NE

Colonial Penn Life Ins Co 62065 233 52,817,99021,258 2.778 83.8PA

Bankers Life & Cas Co 61263 233 40,059,73914,640 2.107 85.9IL

Constitution Life Ins Co 62359 953 36,658,89812,755 1.928 87.9TX

Mutual Of Omaha Ins Co 71412 261 30,467,9579,059 1.603 89.5NE

USAA Life Ins Co 69663 200 26,819,4979,114 1.411 90.9TX

Transamerica Life Ins Co 86231 468 16,828,7996,291 0.885 91.8IA

State Farm Mut Auto Ins Co 25178 176 14,023,4074,171 0.738 92.5IL

**TOTAL** 1,900,999,529787,681 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 146

Page 153: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

GEORGIA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 261,502,134118,380 37.885 37.9CT

BCBS of GA Inc 54801 671 147,059,53758,624 21.305 59.2GA

Continental Life Ins Co Brentwood 68500 1 33,176,57116,444 4.806 64.0TN

United Of Omaha Life Ins Co 69868 261 27,972,32912,140 4.053 68.0NE

United World Life Ins Co 72850 261 27,856,1929,860 4.036 72.1NE

Omaha Ins Co 13100 261 24,126,78820,292 3.495 75.6NE

New Era Life Ins Co Of Midwest 69698 520 17,382,72710,230 2.518 78.1TX

Humana Ins Co 73288 119 16,236,5738,529 2.352 80.5WI

United Amer Ins Co 92916 290 15,226,4074,752 2.206 82.7NE

USAA Life Ins Co 69663 200 12,728,5437,592 1.844 84.5TX

**TOTAL** 690,247,462317,088 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 147

Page 154: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

HAWAII

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 10,563,7685,837 77.884 77.9CT

Humana Ins Co 73288 119 1,332,654763 9.825 87.7WI

USAA Life Ins Co 69663 200 598,236312 4.411 92.1TX

State Farm Mut Auto Ins Co 25178 176 235,039121 1.733 93.9IL

Mutual Of Omaha Ins Co 71412 261 211,81972 1.562 95.4NE

Hawaii Medical Serv Assn 49948 187,84573 1.385 96.8HI

Transamerica Life Ins Co 86231 468 165,37494 1.219 98.0IA

Transamerica Premier Life Ins Co 66281 468 97,03777 0.715 98.7IA

Loyal Amer Life Ins Co 65722 901 55,36151 0.408 99.1OH

Physicians Mut Ins Co 80578 367 43,42014 0.320 99.5NE

**TOTAL** 13,563,5277,447 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 148

Page 155: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

IDAHO

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 32,249,27015,489 22.442 22.4CT

Blue Cross of ID Hlth Serv Inc 60095 1290 17,306,7996,769 12.044 34.5ID

Mutual Of Omaha Ins Co 71412 261 14,399,9197,004 10.021 44.5NE

United Of Omaha Life Ins Co 69868 261 11,771,2164,738 8.192 52.7NE

Regence Blueshield Of ID Inc 60131 1207 11,743,4554,416 8.172 60.9ID

Continental Life Ins Co Brentwood 68500 1 10,658,7877,192 7.417 68.3TN

Sterling Life Ins Co 77399 901 5,116,0812,270 3.560 71.8IL

Bankers Life & Cas Co 61263 233 4,428,3331,456 3.082 74.9IL

Bankers Fidelity Life Ins Co 61239 587 3,968,4602,064 2.762 77.7GA

Order of United Commercial Travelers 56383 3,615,0291,146 2.516 80.2OH

**TOTAL** 143,698,28867,447 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 149

Page 156: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

ILLINOIS

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Health Care Serv Corp A Mut Legal Re 70670 917 938,396,897384,698 55.353 55.4IL

UnitedHealthcare Ins Co 79413 707 230,055,21598,548 13.570 68.9CT

Mutual Of Omaha Ins Co 71412 261 94,277,64664,932 5.561 74.5NE

United Of Omaha Life Ins Co 69868 261 75,553,69425,317 4.457 78.9NE

Country Life Ins Co 62553 50 56,070,32221,679 3.307 82.2IL

American Continental Ins Co 12321 1 55,121,46027,280 3.251 85.5TN

State Farm Mut Auto Ins Co 25178 176 14,593,6755,823 0.861 86.4IL

Pekin Life Ins Co 67628 153 12,571,0345,117 0.742 87.1IL

American Republic Ins Co 60836 3527 11,488,1084,044 0.678 87.8IA

Loyal Amer Life Ins Co 65722 901 11,002,9754,260 0.649 88.4OH

**TOTAL** 1,695,298,426723,168 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 150

Page 157: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

INDIANA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 209,134,16689,339 27.034 27.0CT

Anthem Ins Co Inc 28207 671 139,772,62250,541 18.068 45.1IN

United Of Omaha Life Ins Co 69868 261 83,711,84336,840 10.821 55.9NE

United World Life Ins Co 72850 261 42,664,69112,194 5.515 61.4NE

Gerber Life Ins Co 70939 4483 21,477,9139,560 2.776 64.2NY

Colonial Penn Life Ins Co 62065 233 19,121,94711,482 2.472 66.7PA

Bankers Life & Cas Co 61263 233 17,059,5865,074 2.205 68.9IL

State Farm Mut Auto Ins Co 25178 176 15,462,4946,363 1.999 70.9IL

American Retirement Life Ins Co 88366 901 15,003,90910,486 1.940 72.8OH

Medico Ins Co 31119 3527 13,793,99310,342 1.783 74.6NE

**TOTAL** 773,596,299336,634 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 151

Page 158: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

IOWA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Wellmark Inc 88848 770 355,792,360163,343 59.949 59.9IA

Continental Life Ins Co Brentwood 68500 1 36,235,13521,742 6.105 66.1TN

UnitedHealthcare Ins Co 79413 707 33,067,94815,748 5.572 71.6CT

United Of Omaha Life Ins Co 69868 261 31,834,42812,971 5.364 77.0NE

American Republic Ins Co 60836 3527 23,360,1859,482 3.936 80.9IA

Equitable Life & Cas Ins Co 62952 10,862,7128,016 1.830 82.8UT

American Republic Corp Ins Co 67679 3527 9,668,7293,741 1.629 84.4NE

Omaha Ins Co 13100 261 8,584,1887,125 1.446 85.8NE

Bankers Life & Cas Co 61263 233 8,343,9622,808 1.406 87.2IL

State Farm Mut Auto Ins Co 25178 176 6,040,6532,608 1.018 88.3IL

**TOTAL** 593,489,402280,085 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 152

Page 159: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

KANSAS

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

BCBS Of KS Inc 70729 430 251,341,185112,581 50.341 50.3KS

UnitedHealthcare Ins Co 79413 707 59,730,45326,883 11.963 62.3CT

United World Life Ins Co 72850 261 30,215,7969,480 6.052 68.4NE

American Continental Ins Co 12321 1 22,690,9789,822 4.545 72.9TN

BCBS of KC 47171 537 21,305,2838,426 4.267 77.2MO

American Retirement Life Ins Co 88366 901 11,115,0676,883 2.226 79.4OH

Medico Ins Co 31119 3527 6,211,9992,538 1.244 80.6NE

State Farm Mut Auto Ins Co 25178 176 5,538,8831,906 1.109 81.7IL

Coventry Hlth & Life Ins Co 81973 1 5,536,6841,763 1.109 82.9MO

Old Surety Life Ins Co 67326 5,048,2973,188 1.011 83.9OK

**TOTAL** 499,280,913224,586 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 153

Page 160: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

KENTUCKY

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Anthem Hlth Plans Of KY Inc 95120 671 169,458,89679,546 39.842 39.8KY

UnitedHealthcare Ins Co 79413 707 107,384,05949,328 25.247 65.1CT

United Of Omaha Life Ins Co 69868 261 23,000,5178,549 5.408 70.5NE

Omaha Ins Co 13100 261 15,187,49011,258 3.571 74.1NE

American Continental Ins Co 12321 1 12,849,9526,237 3.021 77.1TN

Humana Ins Co Of KY 60219 119 9,553,7364,452 2.246 79.3KY

Forethought Life Ins Co 91642 3891 9,373,4074,833 2.204 81.5IN

American Retirement Life Ins Co 88366 901 6,946,6574,637 1.633 83.2OH

United Teacher Assoc Ins Co 63479 4852 5,097,9701,458 1.199 84.4TX

Bankers Fidelity Life Ins Co 61239 587 5,080,8912,631 1.195 85.6GA

**TOTAL** 425,331,908199,000 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 154

Page 161: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

LOUISIANA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Louisiana Hlth Serv & Ind Co 81200 438 106,936,82944,287 34.687 34.7LA

UnitedHealthcare Ins Co 79413 707 61,587,73828,879 19.977 54.7CT

United Of Omaha Life Ins Co 69868 261 31,724,12513,389 10.290 65.0NE

New Era Life Ins Co 78743 520 10,929,9456,228 3.545 68.5TX

Physicians Mut Ins Co 80578 367 10,516,8104,423 3.411 71.9NE

Sterling Life Ins Co 77399 901 6,905,7503,026 2.240 74.2IL

Mutual Of Omaha Ins Co 71412 261 6,636,2345,516 2.153 76.3NE

American Continental Ins Co 12321 1 6,537,6734,859 2.121 78.4TN

Physicians Life Ins Co 72125 367 6,526,3762,329 2.117 80.5NE

United World Life Ins Co 72850 261 4,827,5791,180 1.566 82.1NE

**TOTAL** 308,287,798135,388 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 155

Page 162: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

MAINE

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 92,736,57741,717 59.375 59.4CT

Anthem Hlth Plans of ME Inc 52618 671 43,515,72520,255 27.861 87.2ME

HPHC Ins Co Inc 18975 595 5,986,6893,029 3.833 91.1MA

Colonial Penn Life Ins Co 62065 233 2,815,5411,461 1.803 92.9PA

Transamerica Life Ins Co 86231 468 2,430,1651,642 1.556 94.4IA

Bankers Life & Cas Co 61263 233 1,636,028735 1.047 95.5IL

Mutual Of Omaha Ins Co 71412 261 1,112,946322 0.713 96.2NE

Principal Life Ins Co 61271 332 1,039,416233 0.665 96.9IA

United Of Omaha Life Ins Co 69868 261 779,250375 0.499 97.4NE

USAA Life Ins Co 69663 200 683,294302 0.437 97.8TX

**TOTAL** 156,186,96871,573 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 156

Page 163: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

MARYLAND

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 229,504,48998,125 42.261 42.3CT

Carefirst of MD Inc 47058 380 157,214,54256,094 28.949 71.2MD

Omaha Ins Co 13100 261 21,211,88313,512 3.906 75.1NE

United World Life Ins Co 72850 261 18,007,1694,951 3.316 78.4NE

United Amer Ins Co 92916 290 17,559,2335,553 3.233 81.7NE

Colonial Penn Life Ins Co 62065 233 13,823,5727,189 2.545 84.2PA

Continental Life Ins Co Brentwood 68500 1 11,879,2256,384 2.187 86.4TN

USAA Life Ins Co 69663 200 11,514,0744,364 2.120 88.5TX

Group Hospitalization & Med Srvcs 53007 380 10,632,1905,470 1.958 90.5DC

Bankers Life & Cas Co 61263 233 6,355,7931,551 1.170 91.6IL

**TOTAL** 543,069,032220,277 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 157

Page 164: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

MASSACHUSETTS

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

BCBS of MA 53228 3637 449,340,358202,982 69.241 69.2MA

UnitedHealthcare Ins Co 79413 707 84,634,69136,317 13.042 82.3CT

HPHC Ins Co Inc 18975 595 56,862,81927,920 8.762 91.0MA

Tufts Ins Co Inc 60117 4742 28,953,93114,610 4.462 95.5MA

Humana Ins Co 73288 119 11,801,8084,529 1.819 97.3WI

Bankers Life & Cas Co 61263 233 8,482,6172,416 1.307 98.6IL

Fallon Hlth & Life Assur Co 66828 4741 5,571,4632,123 0.859 99.5MA

Hartford Life Ins Co 88072 91 703,509144 0.108 99.6CT

Oxford Life Ins Co 76112 574 656,074156 0.101 99.7AZ

Transamerica Premier Life Ins Co 66281 468 530,591282 0.082 99.8IA

**TOTAL** 648,953,000292,062 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 158

Page 165: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

MICHIGAN

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

BCBS of MI Mut Ins Co 54291 572 289,971,135198,022 39.824 39.8MI

UnitedHealthcare Ins Co 79413 707 200,808,70598,038 27.579 67.4CT

United Of Omaha Life Ins Co 69868 261 38,787,65011,385 5.327 72.7NE

Blue Care Network Of MI 95610 572 31,179,23212,973 4.282 77.0MI

Priority Hlth 95561 3383 20,630,35410,560 2.833 79.8MI

American Continental Ins Co 12321 1 18,991,59012,317 2.608 82.5TN

Omaha Ins Co 13100 261 16,581,84513,446 2.277 84.7NE

Colonial Penn Life Ins Co 62065 233 13,295,6907,904 1.826 86.6PA

Bankers Life & Cas Co 61263 233 6,779,2071,816 0.931 87.5IL

Loyal Amer Life Ins Co 65722 901 6,304,0652,751 0.866 88.4OH

**TOTAL** 728,128,140407,166 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 159

Page 166: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

MINNESOTA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

BCBSM Inc 55026 461 233,339,445177,062 73.475 73.5MN

UnitedHealthcare Ins Co 79413 707 34,205,92414,815 10.771 84.2CT

Continental Life Ins Co Brentwood 68500 1 8,411,9934,017 2.649 86.9TN

State Farm Mut Auto Ins Co 25178 176 5,985,8092,415 1.885 88.8IL

United World Life Ins Co 72850 261 3,977,9561,318 1.253 90.0NE

Bankers Life & Cas Co 61263 233 3,973,8261,302 1.251 91.3IL

Mutual Of Omaha Ins Co 71412 261 3,556,911950 1.120 92.4NE

Colonial Penn Life Ins Co 62065 233 2,563,9361,610 0.807 93.2PA

Combined Ins Co Of Amer 62146 626 2,484,291752 0.782 94.0IL

United Amer Ins Co 92916 290 1,782,993776 0.561 94.6NE

**TOTAL** 317,576,564211,041 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 160

Page 167: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

MISSISSIPPI

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 60,422,83528,714 18.743 18.7CT

BCBS Of MS Mut Ins Co 60111 1126 33,261,12412,470 10.318 29.1MS

Philadelphia Amer Life Ins Co 67784 520 29,763,73017,081 9.233 38.3TX

United Of Omaha Life Ins Co 69868 261 26,296,50310,061 8.157 46.5NE

American Continental Ins Co 12321 1 26,169,16515,442 8.118 54.6TN

Mutual Of Omaha Ins Co 71412 261 17,136,0104,022 5.316 59.9NE

Omaha Ins Co 13100 261 13,668,1869,767 4.240 64.1NE

United World Life Ins Co 72850 261 12,583,7283,738 3.904 68.0NE

Manhattan Life Ins Co 65870 1117 8,451,8946,762 2.622 70.6NY

State Farm Mut Auto Ins Co 25178 176 8,084,2543,076 2.508 73.2IL

**TOTAL** 322,369,000143,841 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 161

Page 168: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

MISSOURI

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 165,677,21175,137 23.547 23.5CT

Mutual Of Omaha Ins Co 71412 261 140,884,82671,525 20.023 43.6NE

Healthy Alliance Life Ins Co 78972 671 89,900,29735,402 12.777 56.3MO

Transamerica Life Ins Co 86231 468 42,312,8065,034 6.014 62.4IA

BCBS of KC 47171 537 40,466,01014,805 5.751 68.1MO

United Of Omaha Life Ins Co 69868 261 33,501,97210,808 4.761 72.9NE

American Republic Ins Co 60836 3527 13,937,5465,098 1.981 74.9IA

Transamerica Premier Life Ins Co 66281 468 12,518,86823,695 1.779 76.6IA

Old Surety Life Ins Co 67326 12,242,8116,269 1.740 78.4OK

Humana Ins Co 73288 119 11,858,6335,502 1.685 80.1WI

**TOTAL** 703,604,035305,746 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 162

Page 169: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

MONTANA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Health Care Serv Corp A Mut Legal Re 70670 917 40,338,95918,344 27.922 27.9IL

UnitedHealthcare Ins Co 79413 707 23,022,65711,679 15.936 43.9CT

Sterling Life Ins Co 77399 901 13,546,6005,385 9.377 53.2IL

American Continental Ins Co 12321 1 9,529,2064,801 6.596 59.8TN

United World Life Ins Co 72850 261 5,038,6571,703 3.488 63.3NE

State Farm Mut Auto Ins Co 25178 176 4,784,2192,652 3.312 66.6IL

Mutual Of Omaha Ins Co 71412 261 4,377,5121,179 3.030 69.7NE

Humana Ins Co 73288 119 4,361,1952,825 3.019 72.7WI

United Of Omaha Life Ins Co 69868 261 3,625,1922,575 2.509 75.2NE

Old Surety Life Ins Co 67326 3,374,1911,721 2.336 77.5OK

**TOTAL** 144,471,20268,600 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 163

Page 170: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

NEBRASKA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

BCBS Of NE 77780 164,613,07070,677 45.498 45.5NE

Mutual Of Omaha Ins Co 71412 261 25,392,7267,493 7.018 52.5NE

UnitedHealthcare Ins Co 79413 707 20,496,6448,590 5.665 58.2CT

American Continental Ins Co 12321 1 20,324,45510,958 5.618 63.8TN

United Of Omaha Life Ins Co 69868 261 15,096,6577,069 4.173 68.0NE

Omaha Ins Co 13100 261 11,443,01810,656 3.163 71.1NE

Physicians Mut Ins Co 80578 367 10,542,2595,681 2.914 74.0NE

Thrivent Financial For Lutherans 56014 2938 9,839,9573,956 2.720 76.8WI

Order of United Commercial Travelers 56383 5,601,2141,481 1.548 78.3OH

State Farm Mut Auto Ins Co 25178 176 5,450,1512,120 1.506 79.8IL

**TOTAL** 361,802,769161,618 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 164

Page 171: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

NEVADA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 89,551,98841,045 48.415 48.4CT

Rocky Mountain Hospital & Medical 11011 671 25,110,1298,318 13.576 62.0CO

Equitable Life & Cas Ins Co 62952 9,436,6493,018 5.102 67.1UT

Mutual Of Omaha Ins Co 71412 261 8,115,0174,830 4.387 71.5NE

Humana Ins Co 73288 119 7,132,8843,431 3.856 75.3WI

American Retirement Life Ins Co 88366 901 5,548,6743,540 3.000 78.3OH

United Of Omaha Life Ins Co 69868 261 5,073,3161,589 2.743 81.1NE

United Amer Ins Co 92916 290 4,045,8951,431 2.187 83.3NE

Aetna Life Ins Co 60054 1 2,861,7691,050 1.547 84.8CT

USAA Life Ins Co 69663 200 2,742,5831,112 1.483 86.3TX

**TOTAL** 184,966,46380,619 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 165

Page 172: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

NEW HAMPSHIRE

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Anthem Hlth Plans of NH 53759 671 70,752,93430,341 35.260 35.3NH

UnitedHealthcare Ins Co 79413 707 68,445,10330,103 34.110 69.4CT

HPHC Ins Co Inc 18975 595 19,005,4388,588 9.471 78.8MA

Bankers Life & Cas Co 61263 233 15,635,9394,901 7.792 86.6IL

Colonial Penn Life Ins Co 62065 233 11,070,6716,163 5.517 92.2PA

Continental Life Ins Co Brentwood 68500 1 3,504,8322,732 1.747 93.9TN

USAA Life Ins Co 69663 200 2,054,6861,015 1.024 94.9TX

United Of Omaha Life Ins Co 69868 261 1,911,815635 0.953 95.9NE

Humana Ins Co 73288 119 1,402,961934 0.699 96.6WI

Transamerica Life Ins Co 86231 468 1,121,606436 0.559 97.1IA

**TOTAL** 200,660,22788,265 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 166

Page 173: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

NEW JERSEY

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 600,277,833234,020 53.998 54.0CT

Horizon Ins Co 14690 1202 271,051,78698,138 24.383 78.4NJ

Bankers Life & Cas Co 61263 233 38,350,90510,609 3.450 81.8IL

United Of Omaha Life Ins Co 69868 261 36,901,34722,250 3.319 85.2NE

Genworth Life & Ann Ins Co 65536 4011 33,282,53011,263 2.994 88.1VA

Colonial Penn Life Ins Co 62065 233 30,916,29716,829 2.781 90.9PA

Continental Life Ins Co Brentwood 68500 1 17,688,5828,267 1.591 92.5TN

United World Life Ins Co 72850 261 15,537,1744,232 1.398 93.9NE

Gerber Life Ins Co 70939 4483 10,043,1003,406 0.903 94.8NY

Amerihealth Ins Co Of NJ 60061 936 7,464,9964,009 0.672 95.5NJ

**TOTAL** 1,111,663,312437,503 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 167

Page 174: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

NEW MEXICO

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 52,025,30027,896 50.183 50.2CT

Health Care Serv Corp A Mut Legal Re 70670 917 13,963,5256,890 13.469 63.7IL

United World Life Ins Co 72850 261 7,271,5643,217 7.014 70.7NE

United Amer Ins Co 92916 290 4,167,8151,641 4.020 74.7NE

Mutual Of Omaha Ins Co 71412 261 3,908,4731,251 3.770 78.5NE

United Of Omaha Life Ins Co 69868 261 3,385,6413,868 3.266 81.7NE

Humana Ins Co 73288 119 3,017,3421,754 2.910 84.6WI

USAA Life Ins Co 69663 200 2,246,4521,214 2.167 86.8TX

State Farm Mut Auto Ins Co 25178 176 1,300,378694 1.254 88.1IL

American Republic Ins Co 60836 3527 943,382272 0.910 89.0IA

**TOTAL** 103,671,84854,522 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 168

Page 175: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

NEW YORK

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

United Hlthcare Ins Co Of NY 60093 707 866,799,227338,958 78.709 78.7NY

Empire Healthchoice Assur Inc 55093 671 89,751,10230,688 8.150 86.9NY

Excellus Hlth Plan Inc 55107 1186 31,545,63812,520 2.864 89.7NY

First United Amer Life Ins Co 74101 290 31,403,70222,929 2.852 92.6NY

Transamerica Financial Life Ins Co 70688 468 14,661,2125,369 1.331 93.9NY

Humana Ins Co of NY 12634 119 13,179,0606,632 1.197 95.1NY

Mutual Of Omaha Ins Co 71412 261 11,704,9592,763 1.063 96.2NE

CDPHP Universal Benefits Inc 47027 4708 10,731,5764,592 0.974 97.1NY

Health Now NY Inc 55204 6,788,3852,564 0.616 97.8NY

Bankers Conseco Life Ins Co 68560 233 6,373,2883,267 0.579 98.3NY

**TOTAL** 1,101,271,716436,192 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 169

Page 176: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

NORTH CAROLINA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

BCBS of NC Inc 54631 351,568,138160,371 37.189 37.2NC

UnitedHealthcare Ins Co 79413 707 253,070,251114,752 26.770 64.0CT

United Of Omaha Life Ins Co 69868 261 99,265,47542,494 10.500 74.5NE

Mutual Of Omaha Ins Co 71412 261 49,401,24841,912 5.226 79.7NE

American Continental Ins Co 12321 1 25,880,30612,411 2.738 82.4TN

United World Life Ins Co 72850 261 10,941,5403,224 1.157 83.6NE

Colonial Penn Life Ins Co 62065 233 10,640,3136,514 1.126 84.7PA

Bankers Life & Cas Co 61263 233 10,461,6322,735 1.107 85.8IL

Equitable Life & Cas Ins Co 62952 9,749,4766,370 1.031 86.8UT

American Republic Ins Co 60836 3527 9,417,2303,121 0.996 87.8IA

**TOTAL** 945,352,918447,342 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 170

Page 177: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

NORTH DAKOTA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Noridian Mut Ins Co 55891 83,514,18436,040 73.024 73.0ND

UnitedHealthcare Ins Co 79413 707 4,492,1931,978 3.928 77.0CT

United World Life Ins Co 72850 261 3,969,5511,430 3.471 80.4NE

Mutual Of Omaha Ins Co 71412 261 2,740,799858 2.397 82.8NE

American Republic Ins Co 60836 3527 2,116,008697 1.850 84.7IA

Order of United Commercial Travelers 56383 1,733,130494 1.515 86.2OH

Omaha Ins Co 13100 261 1,703,2821,380 1.489 87.7NE

Thrivent Financial For Lutherans 56014 2938 1,645,696710 1.439 89.1WI

American Republic Corp Ins Co 67679 3527 1,409,270580 1.232 90.3NE

Humana Ins Co 73288 119 1,254,835760 1.097 91.4WI

**TOTAL** 114,365,61849,154 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 171

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FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

OHIO

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 470,093,231217,924 50.355 50.4CT

Community Ins Co 10345 671 122,158,15451,520 13.085 63.4OH

United Of Omaha Life Ins Co 69868 261 31,722,5619,489 3.398 66.8NE

Medical Mut Of OH 29076 730 31,115,33814,039 3.333 70.2OH

Omaha Ins Co 13100 261 22,134,63515,878 2.371 72.5NE

Forethought Life Ins Co 91642 3891 18,900,0629,855 2.025 74.6IN

Humana Ins Co 73288 119 14,768,6868,666 1.582 76.1WI

Colonial Penn Life Ins Co 62065 233 11,503,7536,744 1.232 77.4PA

Bankers Life & Cas Co 61263 233 11,037,3073,173 1.182 78.6IL

Assured Life Assn 56499 9,933,9732,999 1.064 79.6CO

**TOTAL** 933,555,561430,059 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 172

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FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

OKLAHOMA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Health Care Serv Corp A Mut Legal Re 70670 917 131,118,05765,420 36.081 36.1IL

UnitedHealthcare Ins Co 79413 707 84,060,78842,722 23.132 59.2CT

United Of Omaha Life Ins Co 69868 261 27,830,83711,233 7.658 66.9NE

Omaha Ins Co 13100 261 13,921,35612,313 3.831 70.7NE

Physicians Mut Ins Co 80578 367 9,266,7153,855 2.550 73.3NE

American Retirement Life Ins Co 88366 901 6,509,8414,172 1.791 75.0OH

Mutual Of Omaha Ins Co 71412 261 5,381,2162,515 1.481 76.5NE

Universal Fidelity Life Ins Co 70122 5,238,3122,253 1.441 78.0OK

Equitable Life & Cas Ins Co 62952 4,668,0112,903 1.285 79.3UT

Sentinel Security Life Ins Co 68802 4824 4,583,4751,787 1.261 80.5UT

**TOTAL** 363,399,507179,956 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 173

Page 180: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

OREGON

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 85,410,00944,262 31.785 31.8CT

United Of Omaha Life Ins Co 69868 261 31,768,16812,303 11.823 43.6NE

Transamerica Life Ins Co 86231 468 25,716,4371,651 9.570 53.2IA

Regence BCBS of OR 54933 1207 21,608,9397,775 8.042 61.2OR

Transamerica Premier Life Ins Co 66281 468 14,834,18124,742 5.521 66.7IA

Continental Life Ins Co Brentwood 68500 1 7,132,3414,021 2.654 69.4TN

Health Net Hlth Plan of OR Inc 95800 623 5,599,1912,277 2.084 71.5OR

Mutual Of Omaha Ins Co 71412 261 5,307,2011,506 1.975 73.5NE

State Farm Mut Auto Ins Co 25178 176 5,283,1692,571 1.966 75.4IL

Sterling Life Ins Co 77399 901 5,071,1312,012 1.887 77.3IL

**TOTAL** 268,708,514134,347 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 174

Page 181: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

PENNSYLVANIA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 408,716,289191,279 30.786 30.8CT

Highmark Inc 54771 812 309,815,020132,201 23.337 54.1PA

Independence Hospital Ind Plan Inc 54704 936 55,031,62244,778 4.145 58.3PA

United World Life Ins Co 72850 261 49,001,45016,281 3.691 62.0NE

New Era Life Ins Co 78743 520 43,727,19720,188 3.294 65.3TX

Colonial Penn Life Ins Co 62065 233 36,993,26218,909 2.787 68.0PA

Bankers Life & Cas Co 61263 233 36,970,49810,914 2.785 70.8IL

American Continental Ins Co 12321 1 30,884,0849,730 2.326 73.2TN

American Retirement Life Ins Co 88366 901 29,833,26916,484 2.247 75.4OH

Aetna Hlth & Life Ins Co 78700 1 27,338,72821,269 2.059 77.5CT

**TOTAL** 1,327,585,820633,002 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 175

Page 182: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

RHODE ISLAND

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

BCBS of RI 53473 56,054,70624,804 56.106 56.1RI

UnitedHealthcare Ins Co 79413 707 32,126,43116,325 32.156 88.3CT

Colonial Penn Life Ins Co 62065 233 4,234,8682,145 4.239 92.5PA

Bankers Life & Cas Co 61263 233 3,391,3931,000 3.395 95.9IL

Humana Ins Co 73288 119 1,542,831721 1.544 97.4WI

USAA Life Ins Co 69663 200 1,113,057576 1.114 98.6TX

Mutual Of Omaha Ins Co 71412 261 433,527138 0.434 99.0NE

Transamerica Life Ins Co 86231 468 255,664139 0.256 99.2IA

American Retirement Life Ins Co 88366 901 145,21293 0.145 99.4OH

Government Personnel Mut Life Ins Co 63967 4712 107,59656 0.108 99.5TX

**TOTAL** 99,908,09546,246 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 176

Page 183: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

SOUTH CAROLINA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 149,366,61274,011 30.338 30.3CT

BCBS Of SC Inc 38520 661 138,652,91658,227 28.162 58.5SC

United Of Omaha Life Ins Co 69868 261 26,427,5719,763 5.368 63.9NE

American Continental Ins Co 12321 1 17,481,9796,865 3.551 67.4TN

New Era Life Ins Co 78743 520 15,218,7368,771 3.091 70.5TX

Omaha Ins Co 13100 261 14,025,42010,923 2.849 73.4NE

American Retirement Life Ins Co 88366 901 10,705,1507,182 2.174 75.5OH

United World Life Ins Co 72850 261 8,649,4662,352 1.757 77.3NE

Loyal Amer Life Ins Co 65722 901 7,200,0102,955 1.462 78.8OH

Humana Ins Co 73288 119 6,983,6263,916 1.418 80.2WI

**TOTAL** 492,345,787233,379 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 177

Page 184: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

SOUTH DAKOTA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Wellmark Of SD Inc 60128 770 55,416,11922,278 38.607 38.6SD

Avera Hlth Plans Inc 95839 15,535,6319,383 10.823 49.4SD

United Of Omaha Life Ins Co 69868 261 13,846,8579,437 9.647 59.1NE

UnitedHealthcare Ins Co 79413 707 11,198,4115,417 7.802 66.9CT

United World Life Ins Co 72850 261 6,401,3801,791 4.460 71.3NE

Mutual Of Omaha Ins Co 71412 261 4,996,6711,271 3.481 74.8NE

State Farm Mut Auto Ins Co 25178 176 3,952,0341,778 2.753 77.6IL

Sanford Hlth Plan 95683 1246 3,057,1071,352 2.130 79.7SD

Thrivent Financial For Lutherans 56014 2938 2,842,4051,247 1.980 81.7WI

Humana Ins Co 73288 119 2,287,8871,066 1.594 83.3WI

**TOTAL** 143,539,12165,201 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 178

Page 185: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

TENNESSEE

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

BCBS of TN Inc 54518 3498 146,684,91164,403 24.684 24.7TN

TRH Hlth Ins Co 89005 4677 128,403,74759,008 21.608 46.3TN

UnitedHealthcare Ins Co 79413 707 122,809,53756,432 20.667 67.0CT

United Of Omaha Life Ins Co 69868 261 35,836,26812,265 6.031 73.0NE

Mutual Of Omaha Ins Co 71412 261 22,025,52016,407 3.706 76.7NE

American Continental Ins Co 12321 1 9,426,2365,634 1.586 78.3TN

Bankers Fidelity Life Ins Co 61239 587 8,132,7813,891 1.369 79.7GA

Loyal Amer Life Ins Co 65722 901 8,111,9273,882 1.365 81.0OH

Philadelphia Amer Life Ins Co 67784 520 7,353,9813,307 1.238 82.3TX

State Farm Mut Auto Ins Co 25178 176 7,130,1452,999 1.200 83.5IL

**TOTAL** 594,240,608272,860 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 179

Page 186: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

TEXAS

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 528,927,262214,911 32.097 32.1CT

Health Care Serv Corp A Mut Legal Re 70670 917 280,674,363140,116 17.032 49.1IL

United Of Omaha Life Ins Co 69868 261 147,846,90253,259 8.972 58.1NE

Continental Life Ins Co Brentwood 68500 1 84,359,92254,936 5.119 63.2TN

Omaha Ins Co 13100 261 56,808,20141,328 3.447 66.7NE

USAA Life Ins Co 69663 200 38,045,24319,197 2.309 69.0TX

Mutual Of Omaha Ins Co 71412 261 31,416,5198,388 1.906 70.9NE

New Era Life Ins Co Of Midwest 69698 520 30,023,87914,129 1.822 72.7TX

State Farm Mut Auto Ins Co 25178 176 29,201,06210,606 1.772 74.5IL

Christian Fidelity Life Ins Co 61859 574 29,008,2247,323 1.760 76.2TX

**TOTAL** 1,647,902,037724,004 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 180

Page 187: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

UTAH

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 53,017,46430,302 39.453 39.5CT

Regence BCBS of UT 54550 1207 35,704,12415,442 26.569 66.0UT

Standard Life & Accident Ins Co 86355 408 4,218,3202,318 3.139 69.2TX

Educators Mut Ins Assoc 81701 126 3,722,6791,244 2.770 71.9UT

Bankers Fidelity Life Ins Co 61239 587 3,608,8181,777 2.686 74.6GA

United World Life Ins Co 72850 261 3,085,8411,116 2.296 76.9NE

Equitable Life & Cas Ins Co 62952 3,029,0661,634 2.254 79.2UT

United Of Omaha Life Ins Co 69868 261 2,881,1472,262 2.144 81.3NE

Humana Ins Co 73288 119 1,752,111964 1.304 82.6WI

Mutual Of Omaha Ins Co 71412 261 1,748,045572 1.301 83.9NE

**TOTAL** 134,381,14368,263 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 181

Page 188: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

VERMONT

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 42,625,57119,206 45.476 45.5CT

BCBS of VT 53295 4745 9,952,0153,681 10.617 56.1VT

The Vt Hlth Plan LLC 95696 4745 8,423,7044,985 8.987 65.1VT

Bankers Life & Cas Co 61263 233 6,346,8452,868 6.771 71.9IL

Genworth Life & Ann Ins Co 65536 4011 4,708,7422,941 5.024 76.9VA

Colonial Penn Life Ins Co 62065 233 4,643,6483,463 4.954 81.8PA

Washington Natl Ins Co 70319 233 4,030,9092,823 4.300 86.1IN

Mutual Of Omaha Ins Co 71412 261 2,353,406800 2.511 88.6NE

Humana Ins Co 73288 119 2,199,1681,323 2.346 91.0WI

Continental Life Ins Co Brentwood 68500 1 2,180,7751,704 2.327 93.3TN

**TOTAL** 93,732,93447,010 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 182

Page 189: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

VIRGINIA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Anthem Hlth Plans of VA Inc 71835 671 276,721,733119,228 36.323 36.3VA

UnitedHealthcare Ins Co 79413 707 220,128,489109,487 28.895 65.2CT

United Of Omaha Life Ins Co 69868 261 58,121,85725,874 7.629 72.8NE

American Continental Ins Co 12321 1 37,149,07025,551 4.876 77.7TN

Omaha Ins Co 13100 261 20,931,78619,482 2.748 80.5NE

Humana Ins Co 73288 119 11,137,1336,917 1.462 81.9WI

American Retirement Life Ins Co 88366 901 10,270,5188,785 1.348 83.3OH

United Amer Ins Co 92916 290 10,198,0863,146 1.339 84.6NE

Bankers Life & Cas Co 61263 233 9,472,5633,042 1.243 85.9IL

USAA Life Ins Co 69663 200 8,893,4124,516 1.167 87.0TX

**TOTAL** 761,831,557368,473 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 183

Page 190: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

WASHINGTON

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 267,213,922128,204 48.140 48.1CT

Premera Blue Cross 47570 962 97,397,74741,345 17.547 65.7WA

Regence BlueShield 53902 1207 64,720,35927,803 11.660 77.3WA

Sterling Life Ins Co 77399 901 19,933,6838,284 3.591 80.9IL

United Of Omaha Life Ins Co 69868 261 19,471,95913,974 3.508 84.4NE

Mutual Of Omaha Ins Co 71412 261 19,382,1066,347 3.492 87.9NE

Asuris NW Hlth 47350 1207 9,574,3324,782 1.725 89.7WA

USAA Life Ins Co 69663 200 8,734,4044,000 1.574 91.2TX

Transamerica Life Ins Co 86231 468 8,208,2092,393 1.479 92.7IA

State Farm Mut Auto Ins Co 25178 176 7,124,7792,644 1.284 94.0IL

**TOTAL** 555,075,431256,420 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 184

Page 191: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

WEST VIRGINIA

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 84,206,30038,902 47.691 47.7CT

Highmark West Virginia Inc. 54828 812 18,406,3447,475 10.425 58.1WV

United Of Omaha Life Ins Co 69868 261 10,748,5514,037 6.088 64.2NE

Continental Life Ins Co Brentwood 68500 1 9,178,4565,057 5.198 69.4TN

Omaha Ins Co 13100 261 6,779,4815,499 3.840 73.2NE

Bankers Life & Cas Co 61263 233 3,985,4341,093 2.257 75.5IL

State Farm Mut Auto Ins Co 25178 176 3,982,1141,794 2.255 77.8IL

Colonial Penn Life Ins Co 62065 233 3,618,3821,973 2.049 79.8PA

Bankers Fidelity Life Ins Co 61239 587 3,506,7461,411 1.986 81.8GA

Humana Ins Co 73288 119 3,374,7541,534 1.911 83.7WI

**TOTAL** 176,566,11485,111 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 185

Page 192: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

WISCONSIN

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Wisconsin Physicians Serv Ins Corp 53139 68 122,011,75242,723 19.043 19.0WI

UnitedHealthcare Ins Co 79413 707 102,441,46647,910 15.989 35.0CT

BCBS of WI 54003 671 76,311,11724,849 11.910 46.9WI

Continental Life Ins Co Brentwood 68500 1 50,746,36820,854 7.920 54.9TN

Physicians Mut Ins Co 80578 367 37,300,39517,290 5.822 60.7NE

Dean Hlth Plan Inc 96156 1294 34,944,17426,699 5.454 66.1WI

American Republic Ins Co 60836 3527 20,289,8036,272 3.167 69.3IA

Physicians Life Ins Co 72125 367 17,452,1216,331 2.724 72.0NE

Bankers Life & Cas Co 61263 233 15,174,2234,058 2.368 74.4IL

American Republic Corp Ins Co 67679 3527 13,926,0985,337 2.174 76.6NE

**TOTAL** 640,714,005267,315 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 186

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FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

WYOMING

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 30,178,55414,916 34.439 34.4CT

BCBS of WY 53767 18,291,7588,816 20.874 55.3WY

United Of Omaha Life Ins Co 69868 261 5,255,7344,009 5.998 61.3NE

State Farm Mut Auto Ins Co 25178 176 3,835,3841,790 4.377 65.7IL

United World Life Ins Co 72850 261 3,769,3061,472 4.301 70.0NE

Mutual Of Omaha Ins Co 71412 261 3,752,2611,157 4.282 74.3NE

American Continental Ins Co 12321 1 3,083,8011,990 3.519 77.8TN

Humana Ins Co 73288 119 2,620,5251,532 2.991 80.8WI

USAA Life Ins Co 69663 200 1,920,2691,175 2.191 83.0TX

American Retirement Life Ins Co 88366 901 1,668,6201,231 1.904 84.9OH

**TOTAL** 87,628,27543,754 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 187

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FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

GUAM

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 661,829460 100.000 100.0CT

**TOTAL** 661,829460 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 188

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FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

N MARIANA ISLANDS

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 50,03733 100.000 100.0CT

**TOTAL** 50,03733 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 189

Page 196: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

PUERTO RICO

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

Triple S Salud Inc 55816 4802 24,107,58417,591 75.900 75.9PR

UnitedHealthcare Ins Co 79413 707 7,532,7104,926 23.716 99.6CT

Mutual Of Omaha Ins Co 71412 261 96,38856 0.303 99.9NE

Ryder Hlth Plan Inc 95743 21,40035 0.067 100.0PR

Everence Assn Inc 57991 4616 2,1141 0.007 100.0IN

Transamerica Premier Life Ins Co 66281 468 1,9451 0.006 100.0IA

**TOTAL** 31,762,14122,610 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 190

Page 197: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

FOR THE STATE OF:

TOTAL POLICIES (INDIVIDUAL AND GROUP)

Company NameState

Company GroupDirectNumber Market

U.S. VIRGIN ISLANDS

MARKET SHARE

NATIONAL ASSOCIATION OF INSURANCE COMMISSIONERS MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

ofDomicile Code Code

PremiumsEarned

SharePercentage

CumulativeMarketShare

of CoveredLives

June 28, 2016 2015

UnitedHealthcare Ins Co 79413 707 12,105,5388,415 99.016 99.0CT

Mutual Of Omaha Ins Co 71412 261 115,08097 0.941 100.0NE

Continental Gen Ins Co 71404 4852 5,1841 0.042 100.0OH

**TOTAL** 12,225,8028,513 100.000 100.0

CAUTION: THE INFORMATION CONTAINED ON THIS PAGE IS UNAUDITED AND NOT A COMPLETE ANALYSIS NOR IS IT AN EXPRESSION OF OPINION ON ANY INSURER. THIS PAGE MAY CONTAIN INADVERTENT ERRORS.

© 2016 National Association of Insurance Commissioners 191

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© 2016 National Association of Insurance Commissioners 192

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COMPANY INDEX

© 2016 National Association of Insurance Commissioners 193

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© 2016 National Association of Insurance Commissioners 194

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

21st Century Premier Ins Co 20796 69 FARMERS INS GRP 224,762 120 0 0

Ability Ins Co 71471 4824 ADVANTAGE CAPITAL GRP 537,377 123 0 0

Aetna Hlth & Life Ins Co 78700 1 AETNA GRP 0 0 58,240,660 61,676

Aetna Life Ins Co 60054 1 AETNA GRP 31,430,103 10,736 66,022,170 27,229

Alliance Hlth & Life Ins Co 60134 1311 HENRY FORD HLTH SYSTEM GRP 1,216,238 495 1,113,734 444

Allianz Life Ins Co Of N Amer 90611 761 ALLIANZ INS GRP 265,467 125 0 0

Allianz Life Ins Co Of NY 64190 761 ALLIANZ INS GRP 37,632 40 0 0

Amalgamated Life & Hlth Ins Co 60208 3,569,845 1,522 41,487 66

American Continental Ins Co 12321 1 AETNA GRP 155,474,156 60,816 226,426,438 138,442

American Family Ins Co 10386 473 AMERICAN FAMILY INS GRP 353,163 96 0 0

American Family Life Assur Co of Col 60380 370 AFLAC GRP 24,536,756 7,326 27,501,280 13,583

American Family Life Assur Co of NY 60526 370 AFLAC GRP 490,315 173 0 0

American Family Mut Ins Co 19275 473 AMERICAN FAMILY INS GRP 29,878,235 8,813 0 0

American Fidelity Assur Co 60410 330 AMERICAN FIDELITY CORP GRP 0 0 0 0

American Gen Life Ins Co 60488 12 AMERICAN INTL GRP 1,553,458 465 0 0

American Income Life Ins Co 60577 290 TORCHMARK CORP GRP 363,901 91 0 0

American Natl Ins Co 60739 408 AMERICAN NATL FIN GRP 116,075 51 0 0

American Natl Life Ins Co Of TX 71773 408 AMERICAN NATL FIN GRP 11,030,459 3,593 316 2

American Progressive L&H Ins Of NY 80624 953 UNIVERSAL AMER FIN CORP GRP 14,272,717 4,227 20,392 8

American Republic Corp Ins Co 67679 3527 AMERICAN ENTERPRISE MUT GRP 48,764,289 18,463 5,851,610 2,988

American Republic Ins Co 60836 3527 AMERICAN ENTERPRISE MUT GRP 109,824,967 32,017 17,933,292 10,859

American Retirement Life Ins Co 88366 901 CIGNA HLTH GRP 0 0 191,085,173 121,845

Americo Fin Life & Ann Ins Co 61999 449 FINANCIAL HOLDINGS GRP 0 0 1,837 10

Amerihealth Ins Co Of NJ 60061 936 INDEPENDENCE HLTH GRP INC GRP 0 0 7,464,996 4,009

Anthem Hlth Plans Inc 60217 671 ANTHEM INC GRP 70,204,227 39,349 14,072,513 6,687

Anthem Hlth Plans Of KY Inc 95120 671 ANTHEM INC GRP 136,221,851 61,928 33,237,045 17,618

© 2016 National Association of Insurance Commissioners 195

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

Anthem Hlth Plans of ME Inc 52618 671 ANTHEM INC GRP 34,378,557 14,832 9,137,168 5,423

Anthem Hlth Plans of NH 53759 671 ANTHEM INC GRP 58,384,905 24,097 12,368,029 6,244

Anthem Hlth Plans of VA Inc 71835 671 ANTHEM INC GRP 213,893,073 80,583 62,828,660 38,645

Anthem Ins Co Inc 28207 671 ANTHEM INC GRP 119,792,905 41,052 19,979,717 9,489

Assured Life Assn 56499 45,264,797 15,488 4,708,850 2,497

Assurity Life Ins Co 71439 19,261 24 0 0

Asuris NW Hlth 47350 1207 CAMBIA HEALTH SOLUTIONS INC 1,757,936 638 7,816,396 4,144

Aultcare Ins Co 77216 4805 AULTMAN HLTH FOUNDATION GRP 498,292 188 0 0

Auto Owners Life Ins Co 61190 280 AUTO OWNERS GRP 772,933 206 0 0

Avalon Ins Co 12358 1230 CAPITAL BLUE CROSS GRP 1,125,174 252 1,544,910 327

Avera Hlth Plans Inc 95839 0 0 16,410,668 9,921

Bankers Conseco Life Ins Co 68560 233 CNO FINANCIAL GRP 2,712,024 990 3,661,264 2,277

Bankers Fidelity Assur Co 71919 587 ATLANTIC AMER GRP 0 0 1,271,275 1,697

Bankers Fidelity Life Ins Co 61239 587 ATLANTIC AMER GRP 57,303,577 22,591 22,420,113 13,716

Bankers Life & Cas Co 61263 233 CNO FINANCIAL GRP 354,010,775 110,315 0 0

BCBS of AL 55433 570 BCBS OF AL GRP 177,359,098 95,516 55,800,132 30,134

BCBS of AZ Inc 53589 51,840,348 19,837 35,925,950 17,484

BCBS Of FL 98167 536 GUIDEWELL MUT HOLDING GRP 258,187,712 117,806 149,196,196 61,527

BCBS of GA Inc 54801 671 ANTHEM INC GRP 116,933,294 43,700 30,126,243 14,924

BCBS of KC 47171 537 BCBS OF KC GRP 48,747,501 17,225 13,023,792 6,006

BCBS Of KS Inc 70729 430 BCBS OF KS GRP 213,220,585 88,600 38,120,600 23,981

BCBS of MA 53228 3637 BCBS OF MA GRP 341,874,983 141,465 107,465,375 61,517

BCBS of MI Mut Ins Co 54291 572 BCBS OF MI GRP 0 0 289,971,135 198,022

BCBS Of MS Mut Ins Co 60111 1126 MISSISSIPPI INS GRP 28,536,449 9,837 4,724,675 2,633

BCBS of NC Inc 54631 250,710,721 104,937 100,857,417 55,434

BCBS Of NE 77780 99,484,859 35,473 65,128,211 35,204

© 2016 National Association of Insurance Commissioners 196

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

BCBS of RI 53473 53,059,377 23,488 2,995,329 1,316

BCBS Of SC Inc 38520 661 BCBS OF SC GRP 104,354,989 38,223 34,297,927 20,004

BCBS of TN Inc 54518 3498 BCBS OF TN GRP 122,331,937 43,865 24,352,974 20,538

BCBS of VT 53295 4745 BCBS OF VT GRP 9,336,700 3,382 615,315 299

BCBS of WI 54003 671 ANTHEM INC GRP 68,373,639 18,340 7,937,478 6,509

BCBS of WY 53767 13,566,281 5,652 4,725,477 3,164

BCBSM Inc 55026 461 BCBS OF MN GRP 2,757,012 88,963 230,582,433 88,099

BCS Ins Co 38245 23 BCS INS GRP 426 0 0 0

Blue Care Network Of MI 95610 572 BCBS OF MI GRP 18,307,362 6,709 12,871,870 6,264

Blue Cross of ID Hlth Serv Inc 60095 1290 BLUE CROSS OF ID GRP 15,440,343 5,971 1,866,456 798

BridgeSpan Hlth Co 95303 1207 CAMBIA HEALTH SOLUTIONS INC 747,461 266 0 0

Capital Advantage Ins Co 41203 1230 CAPITAL BLUE CROSS GRP 23,465,050 16,796 3,684,146 4,122

Capital Blue Cross 54720 1230 CAPITAL BLUE CROSS GRP 21,256,514 16,796 2,491,127 2,142

Careamerica Life Ins Co 71331 2798 BLUE SHIELD OF CA GRP 1,169 2 0 0

Carefirst of MD Inc 47058 380 CAREFIRST INC GRP 125,705,361 38,856 31,509,181 17,238

CDPHP Universal Benefits Inc 47027 4708 CDPHP INC GRP 3,051,185 533 7,680,391 4,059

Celtic Ins Co 80799 1295 CENTENE CORP GRP 10,027,652 2,481 4,217 1

Central Reserve Life Ins Co 61727 901 CIGNA HLTH GRP 6,583,655 1,619 0 0

Central Security Life Ins Co 61735 526 MAXIMUM CORP GRP 30,019 18 0 0

Central States H & L Co Of Omaha 61751 690 CENTRAL STATES GRP 14,017,094 4,153 5,404 1

Central States Ind Co Of Omaha 34274 31 BERKSHIRE HATHAWAY GRP 20,126,496 10,090 53,188,550 33,233

Central United Life Ins Co 61883 1117 HARRIS INS HOLDINGS GRP 983,511 374 0 0

Christian Fidelity Life Ins Co 61859 574 AMERCO CORP GRP 37,064,712 9,466 419,279 198

CICA Life Ins Co of Amer 71463 612 CITIZENS GRP 553 3 0 0

Cigna Hlth & Life Ins Co 67369 901 CIGNA HLTH GRP 0 0 4,492,675 1,474

Cincinnati Equitable Life Ins Co 88064 838 CINCINNATI EQUITABLE CO GRP 59,578 24 0 0

© 2016 National Association of Insurance Commissioners 197

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

Cincinnati Life Ins Co 76236 244 CINCINNATI FIN GRP 7,532 9 0 0

CMFG Life Ins Co 62626 306 CUNA MUT GRP 15,307 11 0 0

Colonial Life & Accident Ins Co 62049 565 UNUMPROVIDENT CORP GRP 8,436 3 0 0

Colonial Penn Life Ins Co 62065 233 CNO FINANCIAL GRP 182,943,865 79,720 197,127,363 122,787

Columbian Mut Life Ins Co 62103 535 COLUMBIAN LIFE GRP 1,737,510 716 618,074 257

Combined Ins Co Of Amer 62146 626 CHUBB LTD GRP 41,356,910 13,685 19,632,791 12,247

Community Ins Co 10345 671 ANTHEM INC GRP 101,162,000 43,611 20,996,154 7,909

Communitycare Life & Hlth Ins Co 89008 3487 COMMUNITYCARE GRP 650,549 264 323,803 139

Companion Life Ins Co 77828 661 BCBS OF SC GRP 304,612 111 2,072,332 1,487

Compcare Hlth Serv Ins Corp 95693 671 ANTHEM INC GRP 417,771 97 0 0

Connecticut Gen Life Ins Co 62308 901 CIGNA HLTH GRP 1,530,742 531 0 0

Constitution Life Ins Co 62359 953 UNIVERSAL AMER FIN CORP GRP 97,752,591 27,380 1,035,212 421

Consumers Life Ins Co 62375 730 MEDICAL MUT OF OH GRP 703,431 254 0 0

Continental Gen Ins Co 71404 4852 HC2 HOLDINGS GRP 45,899,761 14,366 2,574,122 1,248

Continental Life Ins Co Brentwood 68500 1 AETNA GRP 137,776,869 54,047 214,821,156 127,503

Country Life Ins Co 62553 50 COUNTRY INS & FIN SERV GRP 49,987,016 17,541 6,093,931 4,145

Coventry Hlth & Life Ins Co 81973 1 AETNA GRP 5,413,044 1,700 138,856 76

Coventry Hlth Care of IL Inc 74160 1 AETNA GRP 73,130 17 0 0

CSA Fraternal Life 56138 21,751 9 0 0

CSI Life Ins Co 82880 31 BERKSHIRE HATHAWAY GRP 0 0 3,357,169 4,561

Dean Hlth Plan Inc 96156 1294 DEAN HLTH GRP 25,179,310 17,220 9,764,864 9,479

Educators Mut Ins Assoc 81701 126 EDUCATORS MUT GRP 2,784,059 873 967,583 379

Empire Healthchoice Assur Inc 55093 671 ANTHEM INC GRP 86,963,941 29,385 2,787,161 1,303

EPIC Life Ins Co 64149 68 WISCONSIN PHYSICIANS SERV INS GRP 112,061 50 62,331 32

Equitable Life & Cas Ins Co 62952 28,123,228 8,027 86,709,603 51,646

Everence Assn Inc 57991 4616 EVERENCE GRP 28,410,178 12,853 10,627,470 5,941

© 2016 National Association of Insurance Commissioners 198

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

Excellus Hlth Plan Inc 55107 1186 LIFETIME HLTHCARE GRP 24,325,454 9,237 7,220,184 3,283

Fallon Hlth & Life Assur Co 66828 4741 FALLON GRP 0 0 5,571,463 2,123

Family Life Ins Co 63053 1117 HARRIS INS HOLDINGS GRP 0 0 53,550,200 18,732

Federal Life Ins Co 63223 5,904 2 0 0

Federated Mut Ins Co 13935 7 FEDERATED MUT GRP 9,899 7 0 0

First Comm Hlth Plan Inc 47051 5,360,510 2,556 2,118,687 1,313

First Hlth Life & Hlth Ins Co 90328 1 AETNA GRP 0 0 3,145,462 1,421

First United Amer Life Ins Co 74101 290 TORCHMARK CORP GRP 22,918,509 8,038 8,485,193 14,891

Forethought Life Ins Co 91642 3891 GOLDMAN SACHS GRP 42,571,728 20,283 22,681,795 12,487

Geisinger Ind Ins Co 10244 1143 GEISINGER INS GRP 4,065,631 1,625 39,277 26

Genworth Life & Ann Ins Co 65536 4011 GENWORTH FIN GRP 50,410,859 16,646 3,286,037 1,593

Genworth Life Ins Co 70025 4011 GENWORTH FIN GRP 2,573,047 575 169,758 31

Gerber Life Ins Co 70939 4483 NESTLE SA GRP 99,720,694 34,194 17,290,589 8,140

Globe Life & Accident Ins Co 91472 290 TORCHMARK CORP GRP 7,590,494 3,151 2,049,584 1,727

Golden Rule Ins Co 62286 707 UNITEDHEALTH GRP 25,195,938 8,977 0 0

Government Personnel Mut Life Ins Co 63967 4712 GPM LIFE GRP 19,490,517 9,207 13,924,833 8,352

Great Amer Life Ins Co 63312 84 AMERICAN FINANCIAL GRP 5,796,243 1,788 0 0

Greek Catholic Union Of The USA 56693 0 0 20,248 1,050

Group Hlth Coop of Eau Claire 95192 57,377 9 0 0

Group Hlth Coop of S Central WI 95311 2,040,379 855 898,143 466

Group Hlth Inc 55239 1127 EMBLEM HLTH GRP 4,664,065 1,500 1,244,648 424

Group Hlth Options Inc 47055 1185 GROUP HLTH COOP GRP 2,522,859 890 158,353 92

Group Hospitalization & Med Srvcs 53007 380 CAREFIRST INC GRP 13,302,907 4,761 8,622,185 5,386

Guarantee Trust Life Ins Co 64211 687 GUARANTEE TRUST GRP 12,445,116 3,138 192 2

Gundersen Hlth Plan Inc 95101 4751 GUNDERSEN LUTHERAN HLTH GRP 0 0 756,609 535

Hartford Life & Accident Ins Co 70815 91 HARTFORD FIRE & CAS GRP 721,106 438 385,632 289

© 2016 National Association of Insurance Commissioners 199

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

Hartford Life Ins Co 88072 91 HARTFORD FIRE & CAS GRP 2,894,888 1,151 809,865 515

Hawaii Medical Serv Assn 49948 187,845 73 0 0

Health Alliance Medical Plans 77950 1192 CARLE HOLDING CO GRP 4,070,458 1,211 2,106,378 760

Health Care Serv Corp A Mut Legal Re 70670 917 HCSC GRP 1,009,730,478 393,229 394,761,323 222,239

Health First Ins Inc 14140 4740 HEALTH FIRST GRP 0 0 115,036 37

Health Net Hlth Plan of OR Inc 95800 623 HEALTH NET INC GRP 5,599,191 2,277 0 0

Health Net Life Ins Co 66141 623 HEALTH NET INC GRP 24,657,837 8,746 33,246,773 14,781

Health Now NY Inc 55204 5,889,834 2,212 898,551 352

Health Tradition Hlth Plan 96628 3,359,110 1,312 843,587 458

Healthy Alliance Life Ins Co 78972 671 ANTHEM INC GRP 76,165,071 28,874 13,742,202 6,531

Heartland Natl Life Ins Co 66214 14,107,664 5,670 11,252,405 6,914

Highmark BCBSD Inc 53287 812 HIGHMARK GRP 8,851,747 2,743 4,830,595 2,682

Highmark Inc 54771 812 HIGHMARK GRP 258,695,628 102,363 51,119,392 29,838

Highmark West Virginia Inc. 54828 812 HIGHMARK GRP 14,258,076 5,181 4,148,268 2,294

HMO dba Blue Plus 95649 461 BCBS OF MN GRP 334,119 119 0 0

HNE Ins Co 14198 4756 BAYSTATE HLTH GRP 0 0 362,583 231

Hometown Hlth Providers Ins Co 48305 4791 RENOWN HLTH GRP 0 0 17,882 13

Horizon Ins Co 14690 1202 BCBS OF NJ GRP 201,408,166 67,885 69,643,620 30,253

HPHC Ins Co Inc 18975 595 HARVARD PILGRIM HLTH CARE GRP 26,596,162 12,250 55,258,784 27,287

Humana Benefit Plan of IL Inc 60052 119 HUMANA GRP 0 0 15,785 11

Humana Hlth Benefit Plan of LA Inc 95642 119 HUMANA GRP 1,604,074 528 1,893,441 991

Humana Hlth Ins Co Of FL Inc 69671 119 HUMANA GRP 2,878,846 1,327 8,039,408 4,511

Humana Ins Co 73288 119 HUMANA GRP 107,923,379 44,145 151,759,050 91,125

Humana Ins Co Of KY 60219 119 HUMANA GRP 5,419,716 2,079 4,134,020 2,373

Humana Ins Co of NY 12634 119 HUMANA GRP 1,459,634 582 11,719,426 6,050

Humanadental Ins Co 70580 119 HUMANA GRP 212,110 93 5,177,882 4,064

© 2016 National Association of Insurance Commissioners 200

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

IA Amer Life Ins Co 91693 315 INDUSTRIAL ALLIANCE GRP 97,893 96 0 0

Idealife Ins Co 97764 31 BERKSHIRE HATHAWAY GRP 1,312,837 306 0 0

Independence Hospital Ind Plan Inc 54704 936 INDEPENDENCE HLTH GRP INC GRP 45,002,823 35,596 10,028,799 9,182

Individual Assur Co Life Hlth & Acc 81779 0 0 8,691,797 13,842

Inter Cnty Hlth Plan Inc 53252 936 INDEPENDENCE HLTH GRP INC GRP 380,954 1,200 0 0

Inter Cty Hospitalization Plan Inc 54763 936 INDEPENDENCE HLTH GRP INC GRP 3,329,469 1,207 0 0

Investors Heritage Life Ins Co 64904 342 0 0 0

Investors Life Ins Co N Amer 63487 449 FINANCIAL HOLDINGS GRP 737 2 0 0

Jackson Natl Life Ins Co 65056 918 JACKSON NATL GRP 392,888 208 0 0

Jefferson Life Ins Co 94790 252,764 136 0 0

Jefferson Natl Life Ins Co 64017 4836 JEFFERSON NATIONAL GRP 1,573,362 413 0 0

John Alden Life Ins Co 65080 19 ASSURANT INC GRP 361,228 114 0 0

Kanawha Ins Co 65110 119 HUMANA GRP 923,809 285 0 0

Kansas City Life Ins Co 65129 588 KANSAS CITY LIFE INS GRP 38,970 14 0 0

KSKJ Life Amer Slovenian Catholic Un 56227 8,531,514 3,207 1,468,970 962

Liberty Natl Life Ins Co 65331 290 TORCHMARK CORP GRP 2,151,428 1,320 675,391 493

LifeSecure Ins Co 77720 572 BCBS OF MI GRP 8,653 7 0 0

LifeWise Hlth Plan of OR Inc 84930 962 PREMERA BLUE CROSS GRP 3,289,839 802 170,963 86

Lincoln Heritage Life Ins Co 65927 6,397,341 1,311 0 0

London Life Reins Co 76694 769 GREAT WEST GRP 2,985 3 0 0

Louisiana Hlth Serv & Ind Co 81200 438 LOUISIANA HLTH SERV GRP 84,868,406 33,163 22,068,423 11,124

Loyal Amer Life Ins Co 65722 901 CIGNA HLTH GRP 72,273,852 25,049 62,375,383 32,901

Loyal Christian Benefit Assn 56758 0 0 280,825 306

Manhattan Life Ins Co 65870 1117 HARRIS INS HOLDINGS GRP 0 0 51,656,826 44,179

Medica Hlth Plans 52626 1552 MEDICA GRP 455,356 78 0 0

Medical Hlth Insuring Corp of OH 95828 730 MEDICAL MUT OF OH GRP 36,228 8 0 0

© 2016 National Association of Insurance Commissioners 201

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

Medical Mut Of OH 29076 730 MEDICAL MUT OF OH GRP 19,230,252 6,366 11,885,086 7,673

Medico Corp Life Ins Co 79987 3527 AMERICAN ENTERPRISE MUT GRP 426,403 150 25,334,435 25,014

Medico Ins Co 31119 3527 AMERICAN ENTERPRISE MUT GRP 48,856,143 17,075 29,142,257 18,061

Medico Life & Hlth Ins Co 65641 3527 AMERICAN ENTERPRISE MUT GRP 5,841 5 0 0

Medisun Inc 95982 29,331 10 0 0

Members Hlth Ins Co 94587 4677 TENNESSEE RURAL HLTH GRP 252,642 128 1,753,358 1,068

MercyCare HMO Inc 12195 3595 MERCY HLTH CORP GRP 672,644 538 981,852 869

Metropolitan Life Ins Co 65978 241 METROPOLITAN GRP 1,902 1 0 0

Mid West Natl Life Ins Co Of TN 66087 264 HEALTHMARKETS GRP 24,124 19 0 0

Midwestern United Life Ins Co 66109 4832 VOYA FINANCIAL GRP 5,810 2 0 0

Motorists Commercial Mut Ins Co 13331 291 MOTORISTS MUT GRP 2,651 1 0 0

Mutual Of Omaha Ins Co 71412 261 MUTUAL OF OMAHA GRP 363,588,322 115,606 274,369,177 206,863

National Benefit Life Ins Co 61409 4750 PRIMERICA GRP 6,179 12 0 0

National Cas Co 11991 140 NATIONWIDE CORP GRP 7,826 22 0 0

National Guardian Life Ins Co 66583 1211 NATIONAL GUARDIAN LIFE INS GRP 0 0 0 0

National Hlth Ins Co 82538 2538 AMTRUST NGH GRP 12,339 15 0 0

Nationwide Life Ins Co 66869 140 NATIONWIDE CORP GRP 9,403,763 2,785 0 0

Natl Foundation Life Ins Co 98205 839 WESTBRIDGE CAPITAL GRP 74,855 34 0 0

New Era Life Ins Co 78743 520 NEW ERA LIFE GRP 69,755,268 29,350 25,910,754 18,551

New Era Life Ins Co Of Midwest 69698 520 NEW ERA LIFE GRP 35,717,044 17,089 13,844,310 8,067

New W Hlth Serv 95829 308,626 110 1,227,549 717

New York Life Ins Co 66915 826 NEW YORK LIFE GRP 2,454,469 677 0 0

Noridian Mut Ins Co 55891 69,754,718 27,249 13,759,466 8,791

North Amer Ins Co 68349 574 AMERCO CORP GRP 19,069,503 5,570 0 0

Old Amer Ins Co 67199 588 KANSAS CITY LIFE INS GRP 4,407 10 0 0

Old Surety Life Ins Co 67326 30,313,149 13,983 15,421,798 10,347

© 2016 National Association of Insurance Commissioners 202

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

Omaha Ins Co 13100 261 MUTUAL OF OMAHA GRP 15,812,749 8,482 274,262,366 215,827

Order of United Commercial Travelers 56383 56,646,170 15,752 520,719 274

Oxford Life Ins Co 76112 574 AMERCO CORP GRP 14,186,634 5,018 27,917,755 17,999

Pacificare Life & Hlth Ins Co 70785 707 UNITEDHEALTH GRP 11,579,757 4,320 10,946 5

Pacificsource Hlth Plans 54976 4704 PACIFICSOURCE HLTH PLAN GRP 0 0 57,402 28

Paramount Ins Co 11518 1212 VANGUARD HLTH VENTURES GRP 2,631,597 931 432,179 188

Pekin Life Ins Co 67628 153 PEKIN INS GRP 18,368,292 7,121 7,290,079 4,451

Pennsylvania Life Ins Co 67660 4667 CVS CAREMARK GRP 6,447,751 1,526 0 0

Philadelphia Amer Life Ins Co 67784 520 NEW ERA LIFE GRP 57,535,185 24,969 42,241,146 28,532

Physicians Benefits Trust Life Ins 68519 2358 ISMIE GRP 1,153,374 433 53,447 29

Physicians Life Ins Co 72125 367 PHYSICIANS MUT GRP 74,226,338 26,960 0 0

Physicians Mut Ins Co 80578 367 PHYSICIANS MUT GRP 115,902,941 40,764 58,837,220 41,548

Physicians Plus Ins Corp 95341 2,459,754 981 560,982 333

Polish Falcons Of Amer 56820 0 0 14,355 33

Premera Blue Cross 47570 962 PREMERA BLUE CROSS GRP 68,536,083 26,407 31,909,720 16,447

Principal Life Ins Co 61271 332 PRINCIPAL FIN GRP 57,264,368 17,319 0 0

Priority Hlth 95561 3383 SPECTRUM HLTH GRP 0 0 20,630,354 10,560

Protective Life Ins Co 68136 458 PROTECTIVE LIFE INS GRP 9,248 8 0 0

Provident Amer Ins Co 68179 8,959 7 0 0

Provident Amer Life & Hlth Ins Co 67903 901 CIGNA HLTH GRP 11,415,602 2,858 0 0

Prudential Ins Co Of Amer 68241 304 PRUDENTIAL OF AMER GRP 171,838 60 0 0

Puritan Life Ins Co of Amer 71390 4826 ECG GRP 7,307,801 1,882 0 0

Pyramid Life Ins Co 68284 953 UNIVERSAL AMER FIN CORP GRP 15,488,099 4,040 2,956 1

Qualchoice Life & Hlth Ins Co Inc 70998 4807 CATHOLIC HLTH INITIATIVES GRP 0 0 2,069,749 1,743

Regence BCBS of OR 54933 1207 CAMBIA HEALTH SOLUTIONS INC 18,432,902 5,901 4,727,325 2,457

Regence BCBS of UT 54550 1207 CAMBIA HEALTH SOLUTIONS INC 25,223,969 9,129 10,480,155 6,313

© 2016 National Association of Insurance Commissioners 203

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

Regence BlueShield 53902 1207 CAMBIA HEALTH SOLUTIONS INC 35,694,401 12,484 29,025,958 15,319

Regence Blueshield Of ID Inc 60131 1207 CAMBIA HEALTH SOLUTIONS INC 10,424,452 3,709 1,390,202 723

Reliastar Life Ins Co 67105 4832 VOYA FINANCIAL GRP 6,110 3 0 0

Reserve Natl Ins Co 68462 215 KEMPER CORP GRP 29,227,190 9,902 11,304,655 7,535

Rocky Mountain Hospital & Medical 11011 671 ANTHEM INC GRP 63,650,607 23,897 18,288,542 10,114

Royal Neighbors Of Amer 57657 31,540,922 8,670 142,058 56

Ryder Hlth Plan Inc 95743 21,400 35 0 0

Sagicor Life Ins Co 60445 50,998 25 0 0

Sanford Hlth Plan 95683 1246 SANFORD HLTH GRP 3,120,804 1,310 579,952 445

Sanford Hlth Plan of MN 95725 1246 SANFORD HLTH GRP 335,613 151 17,126 8

Security Hlth Plan of WI Inc 96881 4,859,092 1,442 328,146 303

Security Life Of Denver Ins Co 68713 4832 VOYA FINANCIAL GRP 4,111 3 0 0

Sentinel Security Life Ins Co 68802 4824 ADVANTAGE CAPITAL GRP 34,394,832 12,696 3,365,954 2,126

Shelter Life Ins Co 65757 123 SHELTER INS GRP 698,897 306 0 0

Shenandoah Life Ins Co 68845 4764 RESERVOIR CAPITAL GRP 6,553,717 1,427 569,952 891

Sierra Hlth & Life Ins Co Inc 71420 707 UNITEDHEALTH GRP 14,193,383 4,498 12,861 5

Southwest Serv Life Ins Co 82430 1339 CROY HALL MGMT GRP 440,537 95 0 0

SPJST 57436 505,961 150 0 0

Standard Life & Accident Ins Co 86355 408 AMERICAN NATL FIN GRP 56,426,243 21,792 8,736,231 9,625

Standard Life & Cas Ins Co 71706 0 0 964,096 1,086

State Farm Mut Auto Ins Co 25178 176 STATE FARM GRP 219,657,010 80,783 45,578,656 26,228

State Mut Ins Co 69132 18,115,747 4,827 709,675 610

Sterling Investors Life Ins Co 89184 9,424,093 2,134 4,003,649 1,506

Sterling Life Ins Co 77399 901 CIGNA HLTH GRP 59,855,148 22,993 27,177,368 12,059

Summa Ins Co Inc 10649 3259 SUMMA HLTH GRP 0 0 147,893 57

The Vt Hlth Plan LLC 95696 4745 BCBS OF VT GRP 2,269,893 1,206 6,153,811 3,779

© 2016 National Association of Insurance Commissioners 204

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

THP Ins Co 60016 1297 HEALTH PLAN GRP 0 0 2,315,477 14,296

Thrivent Financial For Lutherans 56014 2938 THRIVENT FINANCIAL FOR LUTHERANS 57,775,063 20,305 11,737,802 8,040

Time Ins Co 69477 19 ASSURANT INC GRP 310,943 104 0 0

Transamerica Financial Life Ins Co 70688 468 AEGON US HOLDING GRP 12,036,825 4,199 2,624,387 1,170

Transamerica Life Ins Co 86231 468 AEGON US HOLDING GRP 90,332,191 35,773 114,031,598 22,633

Transamerica Premier Life Ins Co 66281 468 AEGON US HOLDING GRP 19,904,187 7,569 44,327,397 73,442

TRH Hlth Ins Co 89005 4677 TENNESSEE RURAL HLTH GRP 0 0 128,403,747 59,008

Triple S Salud Inc 55816 4802 TRIPLE S GRP 0 0 24,107,584 17,591

Trustmark Ins Co 61425 276 TRUSTMARK MUT HOLDING CO GRP 132,383 39 0 0

Tufts Ins Co Inc 60117 4742 TUFTS GRP 0 0 28,953,931 14,610

UCare MN 52629 4380 UCARE GRP 165,863 53 0 0

Unicare Life & Hlth Ins Co 80314 671 ANTHEM INC GRP 19,967,507 5,949 0 0

Unified Life Ins Co 11121 4,486,709 1,516 0 0

Union Fidelity Life Ins Co 62596 350 GENERAL ELECTRIC GRP 730,325 266 0 0

Union Labor Life Ins Co 69744 781 UNION LABOR GRP 535,100 269 0 0

United Amer Ins Co 92916 290 TORCHMARK CORP GRP 190,877,736 59,488 56,442,399 43,350

United Farm Family Life Ins Co 69892 542 INDIANA FARM BUREAU GRP 136,306 71 0 0

United Heritage Life Ins Co 63983 2878 UNITED HERITAGE MUT GRP 5,918 3 0 0

United Hlthcare Ins Co Of NY 60093 707 UNITEDHEALTH GRP 548,194,868 193,976 318,604,359 144,982

United Hlthcare of AL Inc 95784 707 UNITEDHEALTH GRP 1,641,653 668 25,071 11

United Hlthcare of AZ Inc 96016 707 UNITEDHEALTH GRP 28,526 19 0 0

United Natl Life Ins Co Of Amer 92703 687 GUARANTEE TRUST GRP 5,795,704 2,252 1,328,898 670

United Of Omaha Life Ins Co 69868 261 MUTUAL OF OMAHA GRP 914,146,684 341,411 148,523,449 95,535

United Security Assur Co Of PA 42129 80,200 23 0 0

United Teacher Assoc Ins Co 63479 4852 HC2 HOLDINGS GRP 43,336,079 11,756 0 0

United World Life Ins Co 72850 261 MUTUAL OF OMAHA GRP 355,642,833 109,191 12,041,132 4,019

© 2016 National Association of Insurance Commissioners 205

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MEDICARE SUPPLEMENT INSURANCE EXPERIENCE REPORTS

INDEX OF COMPANIES

Company NameIndividualCompany

CodeGroup Code Group Name

PriorThree YearPremiums

Prior Current CurrentThree Year Three Year Three Year

Covered Lives Premiums Covered Lives

2015

UnitedHealthcare Ins Co 79413 707 UNITEDHEALTH GRP 5,690,314,801 2,305,248 2,585,757,466 1,417,936

Unity Hlth Plans Ins Corp 95796 1,722,532 782 1,720,209 1,015

Universal Fidelity Life Ins Co 70122 5,180,793 1,367 3,873,398 2,057

Upmc Hlth Benefits Inc 11018 1324 UPMC HLTH SYSTEM GRP 112,556 56 67,689 37

US Hlth & Life Ins Co Inc 97772 22,672 5 0 0

USAA Life Ins Co 69663 200 UNITED SERV AUTOMOBILE ASSN GRP 161,532,689 67,986 80,284,116 47,483

USAble Life 94358 876 ARKANSAS BCBS GRP 109,147 22 0 0

USAble Mut Ins Co 83470 876 ARKANSAS BCBS GRP 197,704,400 84,248 45,246,052 31,135

UTMB Hlth Plans Inc 95764 731,461 271 0 0

Voya Retirement Ins & Ann Co 86509 4832 VOYA FINANCIAL GRP 17,872 7 0 0

Washington Natl Ins Co 70319 233 CNO FINANCIAL GRP 65,928,607 18,527 10,396 5

Wellmark Inc 88848 770 WELLMARK INC GRP 279,026,719 111,196 76,765,641 52,147

Wellmark Of SD Inc 60128 770 WELLMARK INC GRP 46,348,652 16,655 9,067,467 5,623

Western Catholic Union 57711 0 0 489,680 468

Wilco Life Ins Co 65900 4213 WILTON RE GRP 1,753,972 560 0 0

Wisconsin Physicians Serv Ins Corp 53139 68 WISCONSIN PHYSICIANS SERV INS GRP 98,943,723 31,365 23,811,924 11,629

WMI Mut Ins Co 68420 486,968 157 27,612 11

WPS Hlth Plan Inc 10159 68 WISCONSIN PHYSICIANS SERV INS GRP 266,162 48 0 0

© 2016 National Association of Insurance Commissioners 206

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SAMPLE MEDICARE SUPPLEMENT INSURANCE EXHIBIT

© 2016 National Association of Insurance Commissioners 207

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© 2016 National Association of Insurance Commissioners 208

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.......................................

Affix Bar Code Above

MEDICARE SUPPLEMENT INSURANCE EXPERIENCE EXHIBIT For The Year Ended December 31, 2015

(To Be Filed by March 1) FOR THE STATE OF _________________________

NAIC Group Code ________________________________________________________ NAIC Company Code _____________________

Address (City, State and Zip Code) ___________________________________________________________________________________________________________________________________________________________________________________________________________________

Person Completing This Exhibit ______________________________________________________________________________________________________________________________________________________________________________________________________________________

Title ____________________________________________ Telephone Number ____________________________________________

1 2 3 4 5 6 7 8 9 10 Policies Issued Through 2012 Policies Issued in 2013, 2014, 2015

Compliance

with

OBRA

Policy

Form

Number

Standardized

Medicare

Supplement

Benefit Plan

Medicare

Select

Plan

Characteristics

Date

Approved

Date

Approval

Withdrawn

Date

Last

Amended

Date

Closed

Policy

Marketing

Trade

Name

11 Incurred Claims 14 15 Incurred Claims 18

Premiums

Earned

12

Amount

13

Percent of

Premiums

Earned

Number

of

Covered

Lives

Premiums

Earned

16

Amount

17

Percent of

Premiums

Earned

Number

of

Covered

Lives

.................. .................. ..................... ............... ........................ ............... .................. ............... .................. .................. .................. .................. .................. .................. .................. .................. .................. ..................

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0199999 TOTAL EXPERIENCE ON INDIVIDUAL POLICIES .................. .................. .................. .................. .................. .................. .................. ..................

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0299999 TOTAL EXPERIENCE ON GROUP POLICIES

GENERAL INTERROGATORIES

1. If response in Column 1 is no, give full and complete details ........................................................................................................................................................................................................................................................................................................................................................

2. Claims address and contact person provided to the Secretary of Health and Human Services as required by 42 U.S.C. 1395ss(c) (3) (E) for this state

2.1 Address: ............................................................................................................................................................................................................................................................................................................................................................................................................................

2.2 Contact Person and Phone Number: ...................................................................................................................................................................................................................................................................................................................................................................................

3. Billing address and contact person for user fees established under 41 U.S.C. 1395u(h) (3) (B).

3.1 Address: ............................................................................................................................................................................................................................................................................................................................................................................................................................

3.2 Contact Person and Phone Number: ...................................................................................................................................................................................................................................................................................................................................................................................

4. Explain any policies identified above as policy type “O” ...............................................................................................................................................................................................................................................................................................................................................................

© 2016 National Association of Insurance Commissioners 209

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© 2016 National Association of Insurance Commissioners 210

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Page 218: 2015 Medicare Supplement Loss Ratios · claims incurred of $5.3 billion, resulting in a 78.2% loss ratio. The loss ratio for group policies issued through 2012 was slightly lower,

The National Association of Insurance Commissioners (NAIC) is the U.S. standard-setting and regulatory supportorganization created and governed by the chief insuranceregulators from the 50 states, the District of Columbia and fiveU.S. territories. Through the NAIC, state insurance regulatorsestablish standards and best practices, conduct peer review,and coordinate their regulatory oversight. NAIC staff supportsthese efforts and represents the collective views of stateregulators domestically and internationally. NAIC members,together with the central resources of the NAIC, form thenational system of state-based insurance regulation in the U.S.

For more information, visit www.naic.org.