Medicare Supplement Rate Adjustments
Rates will be adjusted in North Carolina on 07/20/2021.
Rates will be adjusted in Nevada on 08/01/2021.
Rates will be adjusted in Illinois on 08/16/2021.
Rates will be adjusted in Louisiana and Ohio on 08/18/2021.
Premium rates are guaranteed for the first year a policy is in force. Letters to existing policy holders whose policies have been in force for more than one year will be mailed from the NGL office and will explain that rate increases will take effect after the required notification period has been met.
All New Business applications signed and dated before or on the day prior to effective dates should use the current premiums. Applications signed and dated on or after each state’s respective effective date must use the new premium rates.
You may download the new Outline of Coverage located in the “Product Forms” section of our Agent Portal on the effective dates. Printed versions will be available within the next couple of weeks.
Click the link below for details:
Benefits of the E-App
The fastest way to get your application approved and processed is by using the E-App system! There are many benefits of the E-App.
· Agents have access to application status within minutes of submission
· Built in underwriting engine that gives a point of sale decision/status within minutes
· Applications that do not require additional underwriting review can be received and issued same day
· E-App has validations built in to ensure applications are submitted in good order and complete
Click here to start an electronic application today.
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