Medicare Supplement Rate Reduction in Illinois
ACI* has received approval for a RATE REDUCTION of 21% on Medicare Supplement policies currently available in Illinois. Agents can begin using the new rates today.
What You Need To Know:
- The 21% RATE DECREASE is approved for all currently marketed (open block) MIPPA** plans A, B, F, High Deductible F, G, and N.
- ACI Medicare Supplement policies have a 12-month rate guarantee.
- For existing ACI Medicare Supplement policyholders enrolled in a 2010 MIPPA Plan the rate decrease will become effective on the policyholder's next Policy Anniversary Date that occurs on or after March 1, 2012.
- Policy Detail (available online) provides agents with an existing policyholder's adjusted premium, policy anniversary date, and other important policy information.
- Go to cont-life.com (agent side), Producer Dashboard tab, Policy Search, to locate (by name or policy number) a policyholder's Policy Detail report.
- Rate adjustments are posted to the Policy Detail page approximately 31 days prior to the policyholder's policy anniversary date.
View Revised IL Med Supp Rate Sheets 020112
* American Continental Insurance Company (ACI), an Aetna company.
** Medicare plans implemented on June 1, 2010 to comply with the Medicare Improvements for Patients and Providers Act of 2008 (MIPPA). Applies to all policies issued on or after June 1, 2010