Each month, CSG Actuarial releases a Medicare Supplement Rate Change Report detailing carrier rate adjustments and new market entries. The MarketEdge Rate Comparison tool helps you determine how these rate adjustments or new entries affect the competitive structure of the market.
Capitol Life Insurance Company is a new entry to the market as of January 2020. Below is a sample of where they are competitive.
Map: Female, Plan G, Age 70, NT, HHD Applied
Nassau Life Insurance Company also released plans in January 2020.
Map: Female, Plan N, Age 72, NT, HHD Applied
Although Lumico Life Insurance Company is taking a 5% rate increase for Plan G in West Virginia effective March 1, 2020, they are still competitive staying within $5 of the lowest rate.
Map: Female, Plan G, Age 65, NT, HHD Applied
Create your own custom heat maps with the MarketEdge Rate Comparison tool. Call 855-861-8776 or email info@csgactuarial.com to get access.