Ritter Insurance Marketing, Craig Ritter

Medicare Supplement Rate Increase for Conseco Insurance Company in Pennsylvania (PA)

This announcement came from Conseco.  I’ll have the new rates available on RESOURCES and in the MEDICARE QUOTE ENGINE, shortly.  Here is the announcement: Conseco Insurance Company has received approval for a 13.5% rate increase effective 7/7/08.  This is on all filed plans:  A, B, C and D.

30 Jun 08
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Replacement Forms for Life Insurance now Required in Alabama, Louisiana, Maryland, New Jersey, North Carolina, Kentucky, Mississippi, Ohio, Virginia, Texas and West Virginia

Several state insurance departments have adopted the NAIC Model Life Insurance Replacement Regulations.  The latest state to adopt these regulations is West Virginia and this is to become effective immediately.  This means that some type of “Replacement” form is required in the following states:  AL, LA, MD, NC, KY, MS, NJ, OH, VA, TX and…

30 Jun 08
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Medicare Supplement Rate Increase for Royal Neighbors in Tennessee (TN)

This announcement came from Royal Neighbors.  I’ll have the new rates available on RESOURCES and in the MEDICARE QUOTE ENGINE, shortly.  Here is the announcement:   2008 MEDICARE SUPPLEMENT RATES   The rate increase for Tennessee has been approved. There is a 20 % increase for all plans.

30 Jun 08
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Medicare Supplement Rate increase for Lincoln Heritage in Maryland (MD)

This announcement came from Lincoln Heritage today.  I checked the % increase and it’s about 7.5%.  I’ll have the new rates available on RESOURCES and in the MEDICARE QUOTE ENGINE, shortly.  Here is the announcement: The 2008 Maryland rate increase has been approved for the Lincoln Heritage Medicare Supplement plans. The effective date for…

30 Jun 08
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Patients receiving Medicaid must still use their own incomes to pay nursing-home bills.

From the Wall Street Journal Even after Medicaid coverage kicks in, nursing-home residents — and sometimes their estates — must contribute to the cost of care.” Even though “Medicaid will pick up as much as 100 percent of an indigent resident’s nursing-home bill if necessary, those with income,” including Social Security and annuity payments,…

30 Jun 08
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Bush administration temporarily postpones Medicare payment cuts

This is from the NAHU website, the Bush administration has extended the deadline for the 10.6% cut in Physician’s payment for 10 days to give Congress time to pass a bill.   See below. In continuing coverage from previous editions of NAHU Newswire, the Washington Post (6/28, A3, Kane) reported that on Friday,…

30 Jun 08
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Understanding use of Rate Classes when using Great American Companies Single app

As I noted in a former post, the Great American Companies (Loyal American, United Teacher Associates, CRL, Continental General and Provident American) are moving to a single application for Medicare Supplement which would cover each of these companies.  Since the rate classes vary by company, Great American issued this release to explain how to tie the…

28 Jun 08
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Medicare Supplement Rate increase for Lincoln Heritage in Georgia (GA)

Effective 8/1/08, Lincoln Heritage is taking a rate increase on their Medicare Supplement in the state of Georgia (GA).  The new rate sheet will be available on our RESOURCES page shortly.  The updated rates will also be added to the Medicare Quote Engine.

27 Jun 08
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New Applications available for Lincoln Heritage Medicare Supplement

New applications are available in the following states:  DE, SD, OK and WY.  These applications will be available on our RESOURCES page shortly.

27 Jun 08
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A. M. Best Assigns Ratings to American Continental Insurance Company

For more info on American Continental, e-mail Dave.  We will update the newly assigned AM Best rating to Medicare Quote Engine very soon. Here is the press release from AM Best: A.M. Best has assigned a financial strength rating of “A-” Excellent* and an issuer credit rating of “A-” to American Continental Insurance Company…

27 Jun 08
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