Transamerica Premier Life Insurance Company will be implementing Medicare Supplement insurance premium rate changes for new sales and inforce policies in New Hampshire and Oregon.
| State | Plan | Adjusted Percentage | Upload Date | New Rate Effective Date | |
| New Hampshire | A, F G N |
0% unchanged 5% decrease 18% decrease |
11/9/2016 | 1/1/2017 | |
| Oregon | A, F, G, N | 4.6% increase | 11/16/2016 | 2/1/2017 | |
Three Scenarios to consider
- Applications submitted and placed prior to new rate upload date with any future effective date will receive the current rates for the first year and then will receive the rate change at the end of the 12-month guarantee period.
- Applications submitted and placed on or after the new rate upload date, prior to the effective date will receive the current rates for the first year and then will receive the rate change at the end of the 12-month guarantee period.
- Applications submitted and placed on or after the new rate upload date, beyond the effective date will receive the new premium rates.
Transamerica Life Insurance Company, formerly Stonebridge Life Insurance Company will be implementing Medicare Supplement insurance premium rate changes for inforce policies in the states below.
| State | Plan | Adjusted Percentage | New Rate Effective Date | |
| Kansas | A, F, G, N | 9.5% increase | 1/1/2017 | |
| Michigan | A, F, G, N | 5.5% increase | 1/1/2017 | |
| Nevada | A, F, G, N | 9.5% increase | 2/1/2017 | |
| Ohio | A, F, G, N | 5.5% increase | 1/1/2017 | |
| South Dakota | A, F, G, N | 9.5% increase | 1/1/2017 | |
| Utah | A, F, G, N | 5.5% increase | 1/1/2017 | |
Two Scenarios to consider
- If policyholder is within their initial 12 month period, new rate change will take effect upon the next billing cycle after their:
- 12 month period
- Application effective date
- If policyholder is outside of their initial 12 month period, new rate change will take effect upon the next billing cycle after the applicable above Effective Date Policyholders will be receiving notification of these changes via written correspondence per their state guidelines.
Medicare Supplement Insurance Premium Rate Changes
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