Kemper Senior Solutions HHC-5/EBR-HHC-5 Rate Increases

Rate increases have recently been approved in five states for the HHC5 stand-alone Home Health Care plans. Below are the impacted states and the increase percentages approved: STATE APPROVED PERCENTAGE INCREASE Louisiana 51.00% Nevada 51.00% Pennsylvania 29.00% South Carolina 20.00% Tennessee 35.00% West Virginia 51.00%   Insureds will receive notice of the increase at time of renewal. Depending on their state of residence, the letters will be mailed 30 or 45 days in advance of the renewal.   Respectfully, Charles Steele Kemper Health President   #goldencareagent #kemper
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Categories: Industry News, Kemper, and Short-Term Care.

Reminder: Kemper Senior Solutions Product Discontinuation 3/31/2020

REMINDER: — Kemper has made the decision to discontinue new business sales within the Kemper Senior Solutions market segment. Kemper’s Life Insurance products were already impacted, with new business no longer being accepted as of January 1, 2020. The stand-alone Home Health Care product will be discontinued March 31, 2020. Applications must be signed on or before March 31, 2020 to be accepted. Be assured, all existing in-force business will continue to receive the same high standard of service they have come to expect. We sincerely appreciate your support for the KSS products and will do everything to make this
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Categories: Industry News, Kemper, and Short-Term Care.

Kemper Senior Solutions Product Discontinuation Announcement

12/18/2019 This announcement is to officially notify producers that after thoughtful review and consideration, Kemper has made the decision to discontinue new business sales within the Kemper Senior Solutions market segment. Our desire is to invest our resources more aggressively into our exclusive agent market as well as our worksite business, Kemper Benefits. Be assured, all existing in-force business will continue to receive the same high standard of service they have come to expect. This change will take effect January 1, 2020, for Life products. All applications for Life products received prior to December 31, 2019, with effective dates on
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Categories: Industry News, Kemper, and Short-Term Care.

Kemper Reports Strong Second Quarter 2019 Operating Results

8/5/2019 CHICAGO–(BUSINESS WIRE)– Kemper Corporation (NYSE: KMPR) reported net income of $122.1 million, or $1.84 per diluted share, for the second quarter of 2019, compared to $37.6 million, or $0.73 per diluted share, for the second quarter of 2018. In the second quarter of 2019, net income included a $20.1 million after-tax gain, or $0.30 per diluted share, attributable to the change in fair value of equity and convertible securities. As adjusted for the acquisition of Infinity Property and Casualty Corporation (“as adjusted”)1, net income was $126.3 million, or $1.90 per diluted share, for the second quarter of 2019, compared
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Categories: Industry News, Kemper, and Short-Term Care.