Medicare Supplement rate increase for AZ, GA, MD, ND, OH, PA, RI and TX

Standard Life and Accident Insurance Company is implementing our first rate increase on Medicare Supplement since the modernized plans were released in 2010.

The new outline of coverage includes a 7% rate increase for all Plans EXCEPT F(HD). The rates will apply to all new business issued with an application date of March 1, 2012 or later. The rate change for in-force policies will be effective on the policy’s anniversary date and will be limited to one change per 12-month period.

Medicare Supplement rate increase for DE, IA, IL, IN, KY, MI, MS, MT, NC, NM, NV, OK, OR, SD, TN, WV and WY

Standard Life and Accident Insurance Company is implementing our first rate increase on Medicare Supplement since the modernized plans were released in 2010.

The new outline of coverage includes a 7% rate increase for all Plans. The rates will apply to all new business issued with an application date of March 1, 2012 or later. The rate change for in-force policies will be effective on the policy’s anniversary date and will be limited to one change per 12-month period.

New Medicare Supplement Disclosure in Ohio

Ohio has adopted a new regulation relating to the solicitation of Medicare Supplement insurance to Medicare eligible persons. In order to comply with this regulation, you, as the producer, must confirm verbally and in writing certain points laid out in the regulation. Standard Life has developed a form to help you comply with this regulation. A copy of the signed form must be kept by the producer as evidence of compliance.

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