Agency Directive #1374 from Equitable Life & Casualty
From: Equitable Life & Casualty
To: All Equitable Agents in Indiana
Date: March 20, 2015
Subject: Rates on Modernized Medicare Supplement Plans (Series 2070)
“We recently filed with the state insurance department for a rate adjustment to our Modernized Medicare Supplement plans (Series 2070). We will begin notifying policyowners of their new rates soon and wanted you to have advance notice.
The Modernized plans we are currently marketing are receiving a 5% increase for Plans A and F, while Plan N is not affected. Applications dated and postmarked after 3/31/15 must be submitted with the new rates.
Outlines of Coverage with the new street rates for the Modernized plans (Series 2070) are available for you to order as needed. Supplies can be ordered or downloaded from your secure agent website – www.EquiLine.com.
Equitable strives to ensure that our policyowners enjoy true “freedom of choice” in their health care under Medicare while federal lawmakers continue to ignore the need to reform this entitlement program to meet the future needs of an increasing beneficiary population. Consequently, we are ever mindful of our obligation to keep our promise of freedom of choice to our policyowners and at the same time sustain these blocks of business with adequate premiums over their lifetime.
We intend to maintain our continuing commitment to our policyowners of providing them with the very best in insurance protection along with the superior, friendly personalized customer service they and you have come to expect and rely upon.
Attached is a copy of our letter to policyowners. If you have questions, please contact Agency at 800-352-5121 or Policyowner Service at 800-352-5160.”
For further information, please contact Kathy@agent-link.net
