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 effective date prior to 6/1 will also continue to receive the current rate.
Thank you!
Lumico Medigap Solutions Team
Lumico — Insurance Made Clear.
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