Union Security Rate Adjustment – South Dakota

Medicare Supplement Rate Adjustment in South Dakota The following rate adjustments are effective February 1, 2021 for new and in-force business in South Dakota: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N South Dakota 5.0% 5.0% 5.0% 0.0%   Applications signed on or before December 31, 2020 will receive the current rates. Application signed on January 1, 2021, or later, will receive the new 2-1-21 rates. Applications re-dated on or after January 1, 2021 will receive the new 2-1-21 rates. Click to download the new South Dakota Rate Cards   Marketing Materials: For your convenience, click
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Categories: Industry News and Medicare Supp./Adv..

Union Security Rate Adjustment – Kentucky

Medicare Supplement Rate Adjustment in Kentucky The following rate adjustments are effective February 1, 2021 for new and in-force business in Kentucky: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Kentucky 4.0% 4.0% 4.0% 0.0%   Applications signed on or before December 31, 2020 will receive the current rates. Application signed on January 1, 2021, or later, will receive the new 2-1-21 rates. Applications re-dated on or after January 1, 2021 will receive the new 2-1-21 rates. Click to download the new Kentucky Rate Cards   Marketing Materials: For your convenience, click on the blue tab
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Categories: Industry News and Medicare Supp./Adv..

Union Security Rate Adjustment – Michigan

Medicare Supplement Rate Adjustment in Michigan The following rate adjustments are effective February 1, 2021 for new and in-force business in Michigan: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Michigan 9.0% 7.0% 9.0% 3.0%   Applications signed on or before December 31, 2020 will receive the current rates. Application signed on January 1, 2021, or later, will receive the new 2-1-21 rates. Applications re-dated on or after January 1, 2021 will receive the new 2-1-21 rates. Click to download the new Michigan Rate Cards   Marketing Materials: For your convenience, click on the blue tab
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Categories: Industry News and Medicare Supp./Adv..

Union Security Rate Adjustment – Louisiana

Medicare Supplement Rate Adjustment in Louisiana The following rate adjustments are effective February 1, 2021 for new and in-force business in Louisiana: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Louisiana 8.0% 7.0% 8.0% 3.0%   Applications signed on or before December 31, 2020 will receive the current rates. Application signed on January 1, 2021, or later, will receive the new 2-1-21 rates. Applications re-dated on or after January 1, 2021 will receive the new 2-1-21 rates. Click to download the new Louisiana Rate Cards   Marketing Materials: For your convenience, click on the blue tab
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Categories: Industry News and Medicare Supp./Adv..

Union Security Rate Adjustment – Ohio

Medicare Supplement Rate Adjustment in Ohio The following rate adjustments are effective February 1, 2021 for new and in-force business in Ohio: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Ohio 4.0% 4.0% 9.0% 0.0%   Applications signed on or before December 31, 2020 will receive the current rates. Application signed on January 1, 2021, or later, will receive the new 2-1-21 rates. Applications re-dated on or after January 1, 2021 will receive the new 2-1-21 rates. Click to download the new Ohio Rate Cards   Marketing Materials: For your convenience, click on the blue tab
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Categories: Industry News and Medicare Supp./Adv..

Union Security Rate Adjustment – Delaware

Medicare Supplement Rate Adjustment in Delaware The following rate adjustments are effective February 1, 2021 for new and in-force business in Delaware: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Delaware 4.0% 4.0% 4.0% 0.0%   Applications signed on or before December 31, 2020 will receive the current rates. Application signed on January 1, 2021, or later, will receive the new 2-1-21 rates. Applications re-dated on or after January 1, 2021 will receive the new 2-1-21 rates. Click to download the new Delaware Rate Cards   Marketing Materials: For your convenience, click on the blue tab
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Categories: Industry News and Medicare Supp./Adv..

Union Security Rate Adjustment – Tennessee

Medicare Supplement Rate Adjustment in Tennessee The following rate adjustments are effective February 1, 2021 for new and in-force business in Tennessee: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Tennessee 7.0% 7.0% 7.0% 3.0%   Applications signed on or before December 31, 2020 will receive the current rates. Application signed on January 1, 2021, or later, will receive the new 2-1-21 rates. Applications re-dated on or after January 1, 2021 will receive the new 2-1-21 rates. Click to download the new Tennessee Rate Cards   Marketing Materials: For your convenience, click on the blue tab
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Categories: Industry News and Medicare Supp./Adv..

Union Security Rate Adjustment – Colorado

Medicare Supplement Rate Adjustment in Colorado The following rate adjustments are effective February 1, 2021 for new and in-force business in Colorado: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Colorado 4.0% 5.0% 4.0% 0.0%   Applications signed on or before December 31, 2020 will receive the current rates. Application signed on January 1, 2021, or later, will receive the new 2-1-21 rates. Applications re-dated on or after January 1, 2021 will receive the new 2-1-21 rates. Click to download the new Colorado Rate Cards   Marketing Materials: For your convenience, click on the blue tab
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Categories: Industry News and Medicare Supp./Adv..

Union Security Rate Adjustment – Maryland

Medicare Supplement Rate Adjustment in Maryland The following rate adjustments are effective March 1, 2021 for new and in-force business in Maryland: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Maryland 0.0% 0.0% 9.0% 0.0%   Applications signed on or before January 31, 2021 will receive the current rates. Application signed on February 1, 2021, or later, will receive the new 3-1-21 rates. Applications re-dated on or after February 1, 2021 will receive the new 3-1-21 rates. Click to download the new Maryland Rate Cards   Marketing Materials: For your convenience, click on the blue tab
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Categories: Industry News and Medicare Supp./Adv..

Attention Arizona and Iowa producers: Best Interest is coming!

Arizona and Iowa have updated the requirements around Best Interest and suitability in annuity transactions. New training will be required to be able to submit applications for any annuity products, including Asset Care annuity funding whole life. The changes will go into effect Dec. 31, 2020, in Arizona and Jan. 1, 2021, in Iowa.   Updated training course required by each state Producers who have previously taken the four-hour state generic annuity suitability course can now have the option of taking either the one-hour catch-up training course on annuity best interest, or they can take the newly created four-hour course
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