A holiday’s around the corner! Please review Lumico’s Holiday Calendar for office and service center closures or impacted hours of operation. We appreciate your partnership and hope you enjoy the holidays! Thank you! Lumico Medigap Solutions Team Note: If you experience production issues at any time, please call our production support line at 1-888-536-0918. Lumico — Insurance Made Clear. #goldencareagent #lumico
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Upcoming Lumico Med Supp rate adjustment on 1/1/24
Upcoming rate adjustment for Med Supp Effective January 1, 2024, there will be a rate adjustment for Med Supp policies underwritten by Elips Life Insurance Company (Elips Life) in Kentucky, Maryland and Virginia. For KY, MD and VA New policies will continue to be underwritten by Elips Life in these three states. Please note the following cut off dates: Applications signed on or after 12/1/23, with a requested effective date on or after 1/1/24, will be subject to the new rate. Applications signed on or before 11/30/23, with a requested effective date on or after 1/1/24, will receive the current
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Great news for your existing Advantage Plus clients!
For Your Advantage Plus Clients in Colorado, Kansas, Utah, & Virginia Your existing Advantage Plus clients will receive communication by mail from GTL highlighting an increase in base benefits for no additional premium! There is nothing you need to do. See below for all of the current states where this applies. As we receive additional state approvals, we will update you. These upgraded benefits include: Reduced Benefit Trigger to 6 Hours! For your clients who have the Short Duration Hospital Stay Rider (included in the 3-day and 6-day benefit periods), benefits will now be paid for a confinement in the
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Aflac Med Supp Now Live in New Jersey!
Aflac Med Supp is now live in New Jersey! We are excited to see Aflac continue to expand their product availability and offer increased national coverage. Availability Map #goldencareagent #medicare
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Attention All Wisconsin Agents | Important Notice
MEMORANDUM To: From: Date: Subject: ALL WISCONSIN AGENTS Guarantee Trust Life Insurance Company (GTL) 11/2/2023 2024 MEDICARE SUPPLEMENT RATES At GTL, we appreciate the Medicare Supplement business that you have placed with us. In our effort to always keep you well-informed, the Department of Insurance in your state has approved a rate increase for the Medicare Supplement policies: WI — 19.9% Any new business received at GTL that has an application date of January 1, 2024 or later must reflect the new rates. Applications dated December 31, 2023 and prior must be received at GTL by January 8, 2024. Existing
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Attention All Nevada Agents | Important Notice
MEMORANDUM To: From: Date: Subject: ALL NEVADA AGENTS Guarantee Trust Life Insurance Company (GTL) 11/2/2023 2024 MEDICARE SUPPLEMENT RATES At GTL, we appreciate the Medicare Supplement business that you have placed with us. In our effort to always keep you well-informed, the Department of Insurance in your state has approved a rate increase for the Medicare Supplement policies: NV — Plans A, F, G & N: 9.9% Any new business received at GTL that has an application date of January 1, 2024 or later must reflect the new rates. Applications dated December 31, 2023 and prior must be received at
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Attention All Arizona Agents | Important Notice
MEMORANDUM To: From: Date: Subject: ALL ARIZONA AGENTS Guarantee Trust Life Insurance Company (GTL) 11/10/2023 2024 MEDICARE SUPPLEMENT RATES At GTL, we appreciate the Medicare Supplement business that you have placed with us. In our effort to always keep you well-informed, the Department of Insurance in your state has approved a rate increase for the Medicare Supplement policies: AZ — Plans A, F, G & N: 19.9% Any new business received at GTL that has an application date of January 1, 2024 or later must reflect the new rates. Applications dated December 31, 2023 and prior must be received at
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Attention All Alabama Agents | Important Notice
MEMORANDUM To: From: Date: Subject: ALL ALABAMA AGENTS Guarantee Trust Life Insurance Company (GTL) 11/10/2023 2024 MEDICARE SUPPLEMENT RATES At GTL, we appreciate the Medicare Supplement business that you have placed with us. In our effort to always keep you well-informed, the Department of Insurance in your state has approved a rate increase for the Medicare Supplement policies: AL — Plans A, F, G & N: 19.9% Any new business received at GTL that has an application date of January 1, 2024 or later must reflect the new rates. Applications dated December 31, 2023 and prior must be received at
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Medicare Solutions – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states. E-Application Storefront Signature Methods Did you know your client has multiple signature options when using our e-Application storefront? Running a Quote for Your Client Mutual of Omaha offers multiple ways to provide a quote for your clients, while also potentially saving them some money. 2024 Medicare Copay/Deductibles The Center for Medicare and Medicaid Services (CMS) has announced the 2024 Medicare Premiums and Copay/Deductibles. Upcoming Rate Adjustments View upcoming rate adjustments for various states. Paper Applications and Revisions Don’t forget, written consent is required
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2024 Medicare Copay/Deductibles
The Center for Medicare and Medicaid Services (CMS) has announced the 2024 Medicare Premiums and Copay/Deductibles. Medicare Part B Premium The Medicare Part B standard monthly premium will be $174.70 in 2024, compared to $164.90 in 2023. Note: The income-related Part B premiums for 2024 will vary depending on the extent to which an individual beneficiary’s income exceeds $103,000 (or a married couple’s income exceeds $206,000). 2024 Income Level-File Individual 2024 Income Level-File Joint 2024 Part B Premium Less than or equal to $103,000 Less than or equal to $206,000 $174.90 Greater than $103,000 and less than or equal to
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