Transamerica Premier Life Insurance Company will be implementing Medicare Supplement insurance premium rate changes for new sales and inforce policies. The policies that are impacted were originally underwritten by Transamerica Premier Life Insurance Company. The following are the states that will be impacted. State Plan Adjusted Percentage Upload Date New Rate Effective Date Virginia A, F G N 8% increase 2% increase 17% decrease 11/22/2017 2/1/2018 Montana A, F, N G 9% increase 3% increase 12/20/2017 3/1/2018 Idaho A, F, N G 9% increase 0% increase 12/20/2017 2/1/2018 Three Scenarios to consider Applications submitted and
Read More
Sentinel’s New and Improved Website
Our New Website Went LIVE on December 11, 2017! We would like to thank all of you for your valuable feedback on our new website! We are excited to announce that our new website went live on Monday, December 11, 2017! You now have easy access to all the best features to help you and your clients, such as: FAQ section – This section is now easier to navigate, organized by product, and contains updated information. Blog – Our new blogs are based on most frequently searched topics online. Easy to share information with your friends, family, and clients. Product
Read More
GTL: Medicare Supplement Now Available in MI and VA
Medicare Supplement Insurance Now Available In Michigan & Virginia • Competitive rates • Paper only – e-App coming soon! • Over 40 years in the market! • Household discounts • 3-4 day underwriting time • Long-tenured, friendly staff GTL Medicare Supplement Insurance applicants can now submit an application up to 6 months in advance of a selected effective date! Medicare Supplement is currently available in: Arizona, Georgia, Idaho, Illinois, Iowa, Kentucky, Maryland, Michigan, Mississippi, Montana, Nevada, North Carolina, North Dakota, Ohio, Pennsylvania, South Carolina, South Dakota, Tennessee, Utah, and Virginia. More states coming soon! Medicare Supplement
Read More
Omaha Holiday Office Closings
Mutual of Omaha and its affiliates (United of Omaha, Companion Life Insurance Company, and United World) will be closed on the following days: Monday, December 25th Monday, January 1st From everyone at Mutual of Omaha, we wish you happy holidays and safe travels! Holiday Office Closings #goldencareagent #mutualofomaha #happyholidays
Read More
CVS Health’s proposed acquisition of Aetna
To our valued brokers, As you may have seen in the news, CVS Health, the largest pharmacy health care provider in the U.S., has agreed to acquire Aetna. This has no immediate effect on the products your clients have purchased or the products you are selling today. We are very excited about this combination. CVS Health and Aetna are joining to become the trusted front door to health care. Nearly 70 percent of the U.S. population lives within three miles of a CVS Health retail store and nearly five million Americans visit CVS Health every day. We will use CVS
Read More
Guidance and deadlines for end of AEP enrollments
The 2018 Annual Election Period (AEP) ends Thursday, December 7. This means all Medicare AEP marketing efforts must cease on that date. Please make sure you follow the guidelines below when submitting your final AEP enrollments to us. Remember, we’re here to support you! Dec. 7 All AEP applications for a January 1, 2018, effective date must be completed, signed, dated and received by the agent no later than 11:59 p.m. December 7, 2017. You may not backdate the member signature date, agent receipt date, or agent signature date. Submit apps within 2 days We must receive signed enrollment applications
Read More
Medicare Supplement News – Omaha Family of Companies
Plan N Rate Adjustment Plan N (In-force only) The following 2010 Modernized Medicare supplement business will experience a rate adjustment effective 02/01/18. State Company Plan N Rate Adjustment Virginia United of Omaha 15% 2018 Part B Premium Income Level Correction Information provided in last week’s Broker Express regarding the Medicare Part B premium income levels for 2018 were inaccurately reported. While the premium amounts did not change from 2017 there were changes in the bottom three income level ranges for the income-related Part B premiums. Below is a comparison of 2017 and 2018 income levels and
Read More
2018 Part B Premium Income Level Correction
Information provided in last week’s Broker Express regarding the Medicare Part B premium income levels for 2018 were inaccurately reported. While the premium amounts did not change from 2017 there were changes in the bottom three income level ranges for the income-related Part B premiums. Below is a comparison of 2017 and 2018 income levels and the related Part B premiums. 2017 Income Level- File Individual 2017 Income Level- File Joint 2018 Income Level- File Individual 2018 Income Level- File Joint 2018 Part B Premium Below $85,000 Below $170,000 Same Same $134 Above $85,000 up to $107,000 Above $170,000 up
Read More
Sentinel: Something New Is Coming Your Way!
Something New Is Coming Your Way! We have been working hard to bring you and your clients something you have been asking for – a new website! We are currently fine-tuning the website and an official launch date will be announced in the coming weeks. Based on feedback from policyholders and agents, we have designed it with the user in mind. Some new features include: FAQ section – This section is now easier to navigate, organized by product, and contains updated information. Blog – Our new blogs are based on most frequently searched topics online. Easy to share information with
Read More
2018 Copay/Deductibles
The Center for Medicare and Medicaid Services (CMS) has announced the 2018 Medicare Premiums and Copay/Deductibles. Medicare Part B Premium There is no change in the Part B monthly premium amounts for 2018. The Medicare Part B standard monthly premium will remain at $134. The income-related Part B premiums, which vary depending on the extent to which an individual beneficiary’s income exceeds $85,000 (or a married couple’s income exceeds $170,000) will also remain the same for 2018. Income Level- File Individual Income Level- File Joint 2018 Part B Premium Below $85,000 Below $170,000 $134.00 Above $85,000 up to $107,000
Read More
