by Anna Patrick | Jan 3, 2020 | Flash Report, Medicare Supplement
The Medicare Access and CHIP Reauthorization Act of 2015 (MACRA) took effect January 1, 2020. Below are answers to frequently asked questions. What does MACRA require? Prohibits first dollar Part B coverage on Medicare Supplement plans (Plans C and F) to “newly...
by Anna Patrick | Jan 3, 2020 | Flash Report, Medicare Supplement
Since Plan F High Deductible cannot be sold to those “newly eligible” Medicare beneficiaries, a new Plan G High Deductible was created for those “newly eligible” Medicare beneficiaries as of January 1, 2020. The effective date of coverage for Plan G High...
by Anna Patrick | Dec 20, 2019 | Medicare Supplement
New business rate increases implemented on Medicare Supplement blocks of business were higher in 2019. Historical average rate increases by year since 2011 are shown below. The 2019 average increase of 5.0% was one point higher than the 2018 average and the highest...
by Anna Patrick | Dec 6, 2019 | Flash Report, Medicare Supplement
Our summary below outlines how Medicare Supplement carriers are underwriting – based on our Medicare Supplement Health Condition and Underwriting Filter. *Male, 69 year old, non-tobacco, plan G In Tennessee **For the previous full year, based upon CSG...
by Anna Patrick | Dec 6, 2019 | Flash Report, Medicare Supplement
CompanyEffective Date Average Increase Comments AARP - UnitedHealthcare Insurance Company 1/1/2020 5.0% 0.0 - 9.8% ; varies by state American National Life Insurance Company of Texas 10/15 - 12/1/2019 15.5% -3.4 - 25.0% ; varies by state American Retirement Life...
by Anna Patrick | Dec 6, 2019 | Flash Report, Medicare Supplement
CompanyMonthly Premium*Average Rank** State Farm Mutual Automobile Insurance Company $159.89 New Plan - Effective Date 1/1/2019 Humana Insurance Company $164.88 4.70 American National Life Insurance Company of Texas $164.91 3.30 Regence Blueshield $165.00 8.50 USAA...
