Lumico received approval for a rate adjustment in Minnesota. There is a 5.0% rate increase for all plans except for the Part B deductible rider. The Part B deductible was updated to match what was set by CMS and is ~17% higher than our prior Part B deductible rate. Please refer to the points below to determine which rates should be applied. All Medicare Supplement applicants dated before July 1, 2022, regardless of effective date, will receive the current rates. Any application dated on or after July 1, 2022, requesting a policy effective date before August 1, 2022, will receive
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Lumico Medicare Supplement Rate Adjustment (Minnesota)
Lumico, Med Supp, medicare, Medicare Supplement, Medigap, medsupp, premium, rate adjustment, and Swiss RE.