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..

Union Security Rate Adjustment – West Virginia

Medicare Supplement Rate Adjustment in West Virginia The following rate adjustments are effective February 1, 2021 for new and in-force business in West Virginia: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N West Virginia 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 West Virginia Outline of Coverage   Marketing Materials: For your convenience,
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Categories: Industry News and Medicare Supp./Adv..

2021 Copay and Deductibles Announced

The Centers for Medicare and Medicaid Services (CMS) recently announced their 2021 Copay/Deductibles. Listed below are basic costs for people with Medicare.   2021 Copay/Deductibles     2020   2021 Part A Deductible $1,408 $1,484 Part B Deductible $198 $203   Part A Coinsurance     Days 61 — 90 $352 $371 Days 91 — 150  (Lifetime Reserve Days*) $704 $742   Skilled Nursing Home     Days 21 — 100 $176 $185.50   Standard Part B Monthly Premium   $144.60   $148.50   High Deductible Plans F & G   $2,340   $2,370 Plan K Out of Pocket $5,880
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).