MENU

MIDSOUTH HEALTHCARE

CAN MY RATES BE INCREASED

MEDICARE SUPPLEMENTS

ALL MEDICARE SUPPLEMENT POLICIES WRITTEN BY ALL COMPANIES ARE TOTALLY NON-CANCELLABLE AND ARE GUARANTEED RENEWABLE FOR LIFE !

FURTHERMORE, YOUR RATES CANNOT BE RAISED BY YOUR COMPANY UNLESS THEY RAISE EVERYONE IN YOUR CATAGORY THROUGHOUT THE STATE !

ROUTINE RATE INCREASES ARE TO BE EXPECTED AS THE COST OF MEDICAL CARE RISES, AND AS MEDICARE MAKES CHANGES IN THEIR BENEFITS.

HOWEVER, MOST INCREASES ARE LESS THAN $10.00 WITH MOST COMPANIES, AND USUALLY ONLY OCCUR ONCE A YEAR ON THE ANNIVERSARY DATE OF THE POLICY.

THE EXCEPTION, IF ANY, WILL NEARLY ALWAYS BE NEW START-UP COMPANIES AND/OR COMPANIES THAT JUST RECENTLY STARTED SELLING SUPPLEMENT POLICIES. THESE COMPANIES NEARLY ALWAYS START OUT WITH UNUSUALLY LOW RATES TO GET ATTENTION IN THE MARKET, THEN APPLY SUBSTANTIAL RATE INCREASES FOR THE FIRST SEVERAL YEARS THERAFTER.

WISE SHOPPERS WOULD BE ADVISED TO INSURE WITH OLDER, MORE ESTABLISHED COMPANIES, WHOSE RATES HAVE STABILIZED, EVEN IF THE PREMIUMS ARE A FEW DOLLARS HIGHER THAN THE "BARGAIN" COMPANY.

MEDICARE "ADVANTAGE" PLANS

PERSONS INSURED BY AN HMO OR A PPO OR OTHER VARIATIONS OF MEDICARE "ADVANTAGE" PLANS CAN BE CANCELLED AT ANY TIME AND, WILL BE CANCELLED FROM THEIR PLAN IF THE PLAN DECIDES TO WITHDRAW COVERAGE FROM THEIR AREA. ALSO, IF A PERSON MOVES OUTSIDE THE AREA COVERED BY HIS PLAN HE WILL HAVE TO SEEK OTHER COVERAGE ELSEWHERE.

FOR QUESTIONS OR A "FAST-QUOTE" PLEASE CLICK BELOW

RESPONSE FORM

Site Design by WEBLITE LTD.