Ritter Insurance Marketing, Craig Ritter

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.

 

The effective date for the rate increase is October 1, 2008. Please refer to the points below to determine which rates should be applied.

 

All Medicare Supplement applications dated before August 1, 2008, regardless of effective date, will receive the current 2007 rates.

 

Any application dated on or after August 1, 2008 requesting a certificate effective date before October 1, 2008 will receive the current 2007 rates.

 

Any application dated on or after August 1, 2008 requesting a certificate effective date of October 1, 2008 or after will receive the new 2008 rates.

 

Summary of this information:

 

Certificate Date            Effective Date               Applicable Rates

Before August 1           Anytime                          2007 Rates

August 1 or after          Before October 1            2007 Rates

August 1 or after          October 1 or after           2008 Rates

 

Posted by filed under Insurance Companies, Insurance Products, Medicare Supplement, Medigap Rate Changes/Introductions, Royal Neighbors of America, States, Tennessee .


© Ritter Insurance Marketing