Manhattan Life: Rate Adjustment for Pennsylvania

Manhattan Life Lowers Rates in Pennsylvania

We are pleased to announce that Manhattan Life has been approved for a 3% rate reduction on Medicare Supplement Plans B, G and N in Pennsylvania. Combined with the 7% household discount (HHD), the rate decreases make MLIC one of the best and most cost effective options in Pennsylvania. And, the applicant is eligible for the household discount when they are married or living full-time for the past 12 months with another person age 60 or older. The other resident does not have to apply for the applicant to receive the HHD!

Rate Adjustments on all plans are as follows:

• Plans A, C and F:  8% increase
• Plans B, G and N:  3% decrease

The effective date for these rate adjustments is 06/01/2017. See below for instructions on when you should use the new rates.

  • All Medicare Supplement applications signed before  May 15, 2017 will receive the current 10-1-16 rates.
  • All Medicare Supplement application signed on or after  May 15, 2017 requesting an effective date before June 1, 2017 will receive the current 10-1-16 rates.
  • Any Medicare Supplement application signed on or after  May 15, 2017 requesting an effective date of June 1, 2017 of later, will receive the new 6-1-17 rates.
  • Any Medicare Supplement application re-dated on or after  May 15, 2017 will receive the new 6-1-17 rates.

Summary of this information:

Effective Date Applicable Rates

Before May 15, 2017

10-1-16 Rates

May 15, 2017 or after requesting an effective date before June 1, 2017

10-1-16 Rates

May 15, 2017 or after requesting an effective date of June 1, 2017 or later

6-1-17 Rates

Re-dated May 15, 2017 or after

6-1-17 Rates
   

To review the revised rates click HERE.

Since launching new product in 2013, Manhattan Life has delivered one of the most stable rate structures in the industry. Now is the perfect time to make Manhattan Life your carrier of choice in the Medicare Supplement market. Great rates, stable rate history, accessible and knowledgeable home office staff and one of the best eApps in the industry are just a few of the reasons producers love doing business with Manhattan Life.

Use the more competitive rates on Plans B, G and N to take advantage of our Manhattan Life Agent Marketing Allowance Program. Prospecting costs money! With this program, you will receive an extra $125 for each underwritten, issued case when you have 4 or more cases of any underwritten class issued during a calendar month. Certain rules and restrictions apply. To view complete details of the Agent Marketing Allowance Program click HERE.

To view and print sales materials simply visit my.aimc.net and log in to the agent portal. We greatly appreciate your business! Many thanks for your efforts that has elevated Manhattan Life to one of the leading Medicare Supplement carriers in the nation.

Questions?
      • Visit https://my.aimc.net and click on “Live Chat”
      • Call one of our marketing representatives at 1-866-708-6194, or
      • Email marketing@aimc.net

Rate Adjustment for Pennsylvania

For Agent Use Only

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