Upcoming Lumico Med Supp rate adjustment on 8/1

Upcoming rate adjustment for Med Supp Effective August 1, there will be a rate adjustment for our Med Supp policies in select states. For policies underwritten by Lumico Life Insurance Company: AZ, GA, LA, MI, MN, MT, OH, SC and TX.* For policies underwritten by Elips Life Insurance Company: AR, AZ, DE, GA, IA, IL, LA, MI, NC, NE, OH, OK, SD, TX and UT. There will be a 30 day cut-off period for applications written in these states, from 7/1 – 7/31/22: Applications signed and received on or after 7/1, with a requested effective date on or after 8/1,
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Lumico Medicare Supplement Rate Adjustment (Minnesota)

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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Categories: Industry News, Lumico, and Medicare Supp./Adv..

NOW AVAILABLE: Med Supp plans in 5 states for Elips Life!

Great news: Med Supp plans now available in 5 states for Elips Life! Effective May 2, you can offer your clients Med Supp Plans A, F, G, N and High Deductible Plan G in KY, MD, MO and PA, and Basic Plan and optional Riders in WI, all underwritten by Elips Life Insurance Company. Here’s what you need to know: Effective 5/2, acceptance of new Med Supp apps underwritten by Lumico will be discontinued in these states. A 30-day transition period will be available to complete and submit any pending Lumico Life applications in newly available Elips Life states. Lumico
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Upcoming Lumico Med Supp rate adjustment on 6/1 (NJ)

Rate adjustment for Lumico Med Supp policies Effective June 1, there will be a rate adjustment for Lumico’s Med Supp Plans A, F, G and N. This will affect existing policyholders in New Jersey. There will be a 30-day cut-off period for applications written in this state, from 5/1 – 5/31: Applications signed and received on or after 5/1, with a requested effective date on or after 6/1, will be subject to the new rate. Applications signed and received on or before 4/30, with a requested effective date on or after 6/1, will receive the current rate. Applications requesting an
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

NEW CASH BONUS from Lumico!

Don’t miss out on your best quarter yet with Lumico’s new Med Supp bonuses. Contact GoldenCare to learn more. 800-842-7799   All sliding bonuses are evaluated and paid on a monthly basis. For Agent Use Only. Not For Public Distribution.   NEW CASH BONUS from Lumico! (Q2 2022)   Lumico — Insurance Made Clear.   #goldencareagent #lumico
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Categories: GoldenCare News, Industry News, Lumico, and Medicare Supp./Adv..

Reminder – Upcoming holiday hours

A holiday’s around the corner! Good Friday is April 15th, which will impact Lumico’s Health Service Center hours. 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!   Note: If you experience production issues at any time, please call our production support line at 1-888-536-0918.   Thank you! Lumico Medigap Solutions Team   Lumico — Insurance Made Clear.   #goldencareagent #lumico
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Upcoming Lumico Med Supp rate adjustment on 3/1

Rate adjustments for Lumico Med Supp policies Effective March 1, there will be a rate adjustment for Lumico’s Med Supp Plans A, F, G and N in 17 states, and basic plan and riders in Wisconsin. This will affect existing policyholders in the following states: AL, FL, IA, KS, KY, MD, MO, ND, NM, NV, OR, PA, SD, UT, VA, WI, WV and WY. Communications are being sent to existing policyholders based on their upcoming rate adjustment date. We recommend agents contact their clients in these states who may be impacted. For new sales: The rate adjustment will also be
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

New year, new signature option for Lumico Medigap Solutions

Coming soon: new signature option for Lumico Medigap Solutions On February 1, we’re launching a new Security Question Signature (qSig) option for Med Supp. qSig will be our fastest and most efficient signature process yet! It allows applicants to choose from a list of common security questions to apply their signature. Watch this video for a sneak peek… and keep a look out for more resources!   Thank you! Lumico Medigap Solutions Team   Lumico — Insurance Made Clear.   #goldencareagent #lumico
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Lumico: Clear Advantages for you and your clients.

∞ NO LIMIT TO HOW MUCH YOU EARN $100 PER UNDERWRITTEN MED SUPP $50 PER NON-UNDERWRITTEN MED SUPP   Qualify with just three applications in a month. Valid January, February and March 2022.   Clear Advantages for you and your clients. (Q1 2022)   Lumico — Insurance Made Clear.   #goldencareagent #lumico
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Categories: GoldenCare News, Industry News, Lumico, and Medicare Supp./Adv..