Rate adjustments for CHLIC Medicare Supplement coming soon
Cigna is committed to helping customers enjoy a healthy and happy life. That’s why they periodically review their premiums and make adjustments to ensure they are able to provide the products and services customers need.
During their review, Cigna considers trends in healthcare costs, the product purchased and medical claims for similar policies in a given area. Sometimes they have to increase premiums to maintain the level of service and support policyholders expect.
Starting December 1, 2018, Cigna Health and Life Insurance Company (CHLIC) will implement the following rate adjustments for Medicare Supplement policies in Mississippi:
- 8.5% increase on Plans A & F
- 3.5% increase on Plans High Deductible F, G & N
Cigna understands that an increase in premiums can be a concern for seniors, many of whom are on a fixed budget. They are notifying policyholders soon to let them know this change is coming so there is no surprise.
The CHLIC Med Supp plans are a great value for your customers
The CHLIC Med Supp plans will continue to provide your customers the same coverage and some customers may be eligible for a 7% household discount and don’t forget these additional advantages:1
- Health Information Line
- Cigna Healthy Reward® Program
– Vision and hearing discounts
– Health and wellness discounts
– Fitness club and equipment discounts
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