By Steve Donohue NH Medicare Insurance Agent
In 2022 here in New Hampshire there are 19 different insurers that currently sell Medicare Supplement plans but who has the largest market share? Most recent US Census estimates show that 18.7% of the population of NH are seniors- and others estimate that as of 2020 there are more than 259,000 senior aged people living in NH.
See some handy facts below that we pulled from a report by the National Association of Insurance Commissioners report dated July 27, 2021.
See calculations by insurer that are compiled using enrollment in both individual AND group plans.
In 2022 here in New Hampshire there are 19 different insurers that currently sell Medicare Supplement plans but who has the largest market share? Most recent US Census estimates show that 18.7% of the population of NH are seniors- and others estimate that as of 2020 there are more than 259,000 senior aged people living in NH.
See some handy facts below that we pulled from a report by the National Association of Insurance Commissioners report dated July 27, 2021.
- Anthem Blue Cross Blue Shield has the largest market share, with more than one in three choosing their Medicare Supplement plans.
- UnitedHealthcare® is the second largest with 28.7% of the NH Medicare Supplement Market
See calculations by insurer that are compiled using enrollment in both individual AND group plans.
See FULL report dated July 27, 2021 by the NAIC HERE.
With the growth of the NH Senior population we should expect an increase in the number of insurers that offer products for NH Medicare Supplement. NH Medicare Advantage and NH Medicare Part D RX plans. With more competition usually comes more attractive rates and benefits for NH Seniors.
If you would like a to see an overview of the NH Medicare Supplement market for you, or a loved one, please call us at 603-882-2909. You may also request a NH Medicare Supplement ONLINE quote HERE.
Atlantic Insurance & Benefit Co. specializes in all kinds of insurance for seniors, including Home, Car, Umbrella, Medicare Supplement and Medicare Advantage.
With the growth of the NH Senior population we should expect an increase in the number of insurers that offer products for NH Medicare Supplement. NH Medicare Advantage and NH Medicare Part D RX plans. With more competition usually comes more attractive rates and benefits for NH Seniors.
If you would like a to see an overview of the NH Medicare Supplement market for you, or a loved one, please call us at 603-882-2909. You may also request a NH Medicare Supplement ONLINE quote HERE.
Atlantic Insurance & Benefit Co. specializes in all kinds of insurance for seniors, including Home, Car, Umbrella, Medicare Supplement and Medicare Advantage.
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