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Published monthly by United American
Insurance Company for the dissemination of information to its Agents. Home
Office permission must obtained prior to reproduction or other use of
this material.
© Copyright 2003, United
American Insurance Company, McKinney, Texas
All rights reserved.
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ProCare
Rate Approvals
Effective immediately, Agents
in Texas
will
be selling Attained Age rates on ProCare Plans B, C, and D. Plans
A, F, and G will remain issue age rates in these states. United
American offers choices of premium structures on selected Medicare
Supplement plans in order to give Agents more flexibility and
clients more choices. Updated supplies have been sent. For
additional materials, please contact Agent Supply.
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HealthGuard
Approvals
Effective immediately, UA’s Critical Illness plan,
HealthGuard, is approved for sale in Arizona,
Georgia, Hawaii
and Rhode Island. New supplies will be sent Dec
1. For additional materials, please contact Agent Supply.
In addition, a new HealthGuard app/brochure
has been approved for most states (see chart below). New supplies
will be sent Dec.1. Additional materials may be ordered through
Agent Supply.
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CILS CILS-APR should be used in states marked with an “X.”
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| AL |
| AK |
| AR |
| AZ |
| CA |
| CO |
| CT |
| DE |
| DC |
| FL |
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| GA |
| HI |
| ID |
| IL |
| IN |
| IA |
| KS |
| KY |
| LA |
| ME |
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| MD |
| MI |
| MN |
| MS |
| MO |
| MT |
| NE |
| NV |
| NH |
| NJ |
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| NM |
| NC |
| ND |
| OH |
| OK |
| OR |
| PA |
| RI |
| SC |
| SD |
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| TN |
| TX |
| UT |
| VA |
| VT |
| WA |
| WI |
| WV |
| WY |
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* Continue to use current CILS
app/brochure (CILS CILS-AP) until further notice. |
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Attn:
All Agents
Effective immediately, the Consumer Form (Form
3749) has been updated to include information on state health
pools. Supplies have been sent. Please ensure your Agency is using
version 9-03 of the Consumer Form. |
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Interest
Rate Set
Lifestyle Annuity: 3.00%
Minimum
As announced in the August edition of UA News, the guaranteed
minimum interest rate has been lowered to 3% where state approved.
The new money interest rate for the month of November
is 3.25
percent for these states. Rates will continue to be reviewed and
adjusted accordingly.
Lifestyle Annuity: 4.00%
Minimum
Massachusetts, Mississippi, Montana
and New Jersey
will retain a 4% minimum guarantee rate until the 3%
rate is approved. The new money interest rate for the month of November
is 4.00 percent for these states. Rates will continue to
be reviewed and adjusted accordingly.
The Deposit Fund Rider interest rate
for 2003 has been set at 4.00 percent.
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2004
Medicare Premiums
The Part B premium payment
automatically deducted from Medicare recipients’ monthly Social
Security checks for 2004 will be $66.60,
and the Part B deductible will remain $100.
For a review of the new 2004 Medicare deductibles refer to the A/B
chart on pgs. 9-10. |
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Attn:
Colorado Agents
As mandated by the State of Colorado, Medicare Supplement
coverage must be available to eligible individuals under age 65 for
a six month open enrollment period which began Sept.1, 2003. A
special mailing which includes new premium rates has been sent. |
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Danger
List Reminder
When a policyholder is 15 days past-due, their policy information
will posted to the “Danger List” of potential lapses or cancellations.
This list is found on your commission statement for you to review. |
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Holiday
Schedule
The McKinney Home Office will be closed Thursday,
Nov. 27 and Friday, Nov. 28
in observance of the Thanksgiving holidays. We wish everyone a safe
and happy Thanksgiving! |
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November
2003
Insurance Supplements: UA Fills The Gaps! 