Upcoming Lumico Med Supp rate adjustment on 11/1

Upcoming rate adjustment for Med Supp Here’s what you need to know: The rate adjustment on 11/1 applies to existing Med Supp policyholders in TN with policies underwritten by Lumico. No new Med Supp policies will be underwritten by Lumico in TN. All new Med Supp policies in TN will continue to be underwritten by Elips Life. Thank you! Lumico Medigap Solutions Team   Lumico — Insurance Made Clear.   #goldencareagent #lumico
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Coming soon: Med Supp plans in California and Washington!

Coming soon: Lumico Agent Center enhancement Beginning September 26th, you will be able to offer Med Supp Plans A, F, G, N and High Deductible Plan G in California and Washington, all underwritten by Elips Life. View the new rates by state: California Washington If you have any questions, please contact your Account Manager directly. Thank you! Lumico Account Management 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 10/1

Upcoming rate adjustment for Med Supp Effective October 1, there will be a rate adjustment for our Med Supp policies underwritten by Lumico Life Insurance Company in Arkansas. Applications signed and received on or after 9/1, with a requested effective date on or after 10/1, will be subject to the new rate. Applications signed and received on or before 8/31, with a requested effective date on or after 10/1, will receive the current rate. Applications requesting an effective date prior to 10/1 will also continue to receive the current rate. NOTE: The rate adjustment on 10/1 applies to existing Med
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Coming soon – Lumico Agent Center Enhancement

Coming soon: Lumico Agent Center enhancement Exciting news! Starting August 9, agents who are newly appointed with Lumico will be able choose their own, unique user ID and password to log-in to Lumico Agent Center (LAC). Here’s what you need to know: When logging into LAC for the first time, agents will be prompted to verify their identity, then register by providing a user ID and password. The user ID field must be unique and requires between 4 and 64 alphanumeric characters. (Only “@”, “.” and “_” are allowed for special characters). Passwords must have a minimum of eight characters,
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Upcoming Lumico Med Supp rate adjustment on 9/1

Upcoming rate adjustment for Med Supp Effective September 1, there will be a rate adjustment for our Med Supp policies in select states. For policies underwritten by Lumico Life Insurance Company: CO, IL, IN, MS and NC.* For policies underwritten by Elips Life Insurance Company: IN, MS, ND, SC and TN. There will be a 30 day cut-off period for applications written in these states, from 8/1 – 8/31/22: Applications signed and received on or after 8/1, with a requested effective date on or after 9/1, will be subject to the new rate. Applications signed and received on or before
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

MONTHLY CASH BONUSES 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   July, August and September 2022 All sliding bonuses are evaluated and paid on a monthly basis. For Agent Use Only. Not For Public Distribution.   MONTHLY CASH BONUSES from Lumico! (Q3 2022)   Lumico — Insurance Made Clear.   #goldencareagent #lumico
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Categories: GoldenCare News, Industry News, Lumico, and Medicare Supp./Adv..

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..