Heartland National Rate Increase in Pennsylvania
Memo From Heartland National:
TO: All Heartland Agents in Pennsylvania
FROM: Chris McDaniel, President/CEO
SUBJECT: Rates on Medicare Supplement Plans (Policy Forms PA 90090 Modernized)
We recently filed and received approval from the state insurance department for rate adjustments to our PA Modernized Medicare Supplement plans. We will begin notifying policyowners of their new rates soon and wanted you to have advance notice of this action.
The PA 90090 Modernized plans are receiving a 6.0% increase for Plans A, B, C, and G. There is no increase for Plan N. These changes will take effect 9/1/2020.
Heartland 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.
Click here for a copy of our letter to policyowners explaining the reasons for these adjustments.
If you have questions, please contact Agency at 816-655-5078 or Policyowner Service at 866-916-7971.
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