Upcoming Medicare Supplement Rate Increase for Maryland
The following rate adjustments are effective April 1, 2020 for 2010 Modernized Medicare Supplements:
- Plan A – 9% Increase
- Plan F – 9% Increase
- Plan G – 9% Increase
- Plan N – 0% Increase
Lock-In Current Rates: Applications signed and dated before April 1, 2020, and received by April 8, 2020, will be issued at the current rates prior to this premium increase.
In-Force Contracts: Beginning April 1, 2020, the rate changes will be applied to in-force contracts on the next anniversary date. Contract holders will be notified via mail in accordance with the state-required notification period.
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