June, 22nd 2016 | By: Anne Tergesen Nearly a third of all Medicare beneficiaries face a steep increase in their premiums next year, the result of a policy that in certain circumstances requires some beneficiaries, including higher earners, to shoulder the burden of rising costs. The government health-care plan’s trustees projected in a report Wednesday that…
We recently filed and received approval from the state insurance department for rate adjustments to our Medicare Supplement plan in Missouri. We will begin notifying policy owners of their new rates soon and wanted you to have advance notice of this action. The 94050 plan is receiving a 7.75% increase for plans A and…
We have received many calls as to the impact of today’s announcement by Transamerica of an increase on plan F new business effective January 1, 2016. Here are a few highlights, rate comparisons and clarifications on the announcement. This announcement only impacts NEW business, not in force policies! In-Force business would be a separate announcement…
