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ProCare
Approvals
A
special mailing regarding ProCare Medicare Supplement rate approvals
for new business and renewals has been mailed to General Agents in California,
Connecticut, Delaware, Kentucky, Maine, Michigan, North Carolina,
North Dakota, New Hampshire, South Carolina,
and West
Virginia.
Check
your state(s) ProCare rate memo for complete effective date
information and cut-off dates for business written with old rates.
If you did not receive this notice, please contact the Agent
Service Center at 800-925-7355.
FLEXGUARD
Approvals
A
special mailing regarding FLEXguard
rate approvals for individual and UAatWork distribution new business
and renewals has been mailed to General Agents in Kansas,
Kentucky,
and Georgia.
Check
your state(s) FLEXguard
rate memo for complete effective date information and cut-off dates
for business written with old rates.
If you did not receive this notice, please contact the Agent
Service Center at 800-925-7355.
Interest
Rates Set
The
Lifestyle Annuity new money interest rate for the month of February
is 4.00 percent. Rates
will continue to be reviewed and adjusted accordingly.
The Deposit Fund Rider new business interest rate for 2006
has been set at 3.00 percent.
Premium
Rate Correction
A
premium rate correction has been made to UAatWork Life Rate Books
(F4702 RT and F4702 TL). The
Child Rider should be $10.37 per $1,000 instead of $10.04 per
$1,000. New rate books
with this correction are available from Agent Supply.
Marketing
Materials Update
The
UA Agent Manual (F4303), UAatWork Health Agent Manual (F4341), and
UAatWork Life Agent Manual (F4704) have been updated.
Please order your new manuals from Agent Supply.
In
addition, the Medicare Supplement PowerPoint Presentation (MSP-02)
has been updated for 2006. CD-ROM’s are $3
and also available from Agent Supply.
UA
Part D Reminder
All
UA Medicare Part D applications must be faxed to the
Home
Office
within 24 hours of taking the application.
Please fax all UA Part D applications to 469-525-4250.
In
addition, just a reminder that Agents may request,
but not promise, future effective dates for UA Part D applications.
Attn:
All VA Agents
According
to the Centers for Medicare & Medicaid Services (CMS), only
state-licensed insurance Agents may engage in Medicare Part D
marketing activity. The
Medicare Modernization Act does not preempt state agent licensing
laws. Agents engaged in
the marketing and sale of the Medicare Part D prescription drug
plans are subject to all applicable Virginia laws and regulations,
including those relating to good faith and fair dealing, the
suitability of sale, and the prohibitions against misrepresentation,
churning, and high pressure sales tactics.
The Bureau of Insurance will investigate any and all
allegations of misconduct relating to Part D marketing and will take
appropriate action against any person found to be in violation of
these laws and regulations. CMS
will refer complaints about Virginia Agents to the Bureau of
Insurance.
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February
2006
California...Here We Come! 
