United States securities and exchange commission logo August 21, 2021 Debra Havranek Vice President, Chief Financial Officer and Treasurer Midwest Holding Inc. 2900 S. 70th, Suite 400 Lincoln, Nebraska 68506 Re: Midwest Holding Inc Form 10-K for the Fiscal Year Ended December 31, 2020 Filed March 15, 2021 Form 8-K Dated August 12, 2021 Filed August 12, 2021 File No. 001-39812 Dear Ms. Havranek: We have reviewed your August 6, 2021 response to our comment letter and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Form 8-K Filed August 12, 2021 Exhibit 99.1 - Press Release Dated August 12, 2021 Q2 2021 Key Performance Indicators and Non-GAAP Financial Measures Management Revenue, page 2 1. We note from page 11 of your earnings release for the first quarter of 2021 furnished as Exhibit 99.1 to your May 13, 2021 Form 8-K that non-GAAP "adjusted revenue" was a subtotal in the reconciliation form GAAP total revenues to non-GAAP "management revenue." We also note that although you removed "adjusted revenue" from your June 30, 2021 Form 10-Q (in response to prior comment 1) and from this earnings release, you continue to add back deferred coinsurance ceding commission as a non-GAAP adjustment in deriving your non-GAAP "management revenue" and its "net revenue on reinsurance" component. Consistent with our previous request, please represent to us that in the future Debra Havranek Midwest Holding Inc. August 21, 2021 Page 2 you will revise your non-GAAP revenue and net income measures to remove the deferred coinsurance ceding commission adjustment or tell us why the acceleration of these deferred commissions is not an individually tailored revenue recognition method. See Question 100.04 of the Compliance and Disclosure Interpretations (CDIs) on Non-GAAP Financial Measures. You may contact Mark Brunhofer at 202-551-3638 or Sharon Blume at 202-551-3474 if you have questions. FirstName LastNameDebra Havranek Sincerely, Comapany NameMidwest Holding Inc. Division of Corporation Finance August 21, 2021 Page 2 Office of Finance FirstName LastName