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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 2004, United
American Insurance Company, McKinney, Texas
All rights reserved.
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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 Alabama, Alaska, Arizona, California, Connecticut, Hawaii, Iowa,
Idaho, Illinois, Indiana, Louisiana, Maine, Mississippi, North Dakota,
Ohio, Oklahoma, Rhode Island, Utah, and Wyoming.
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.
HealthGuard Approvals
Effective immediately, UA’s Critical Illness plan,
HealthGuard, is approved for sale in Kansas, Maryland, Pennsylvania,
and Virginia. A mailing including state special materials has been
sent to Agents working in these states. For additional materials, please
contact Agent Supply.
GSP Approvals
It is good to keep in mind the following rules which pertain to GSP rate
increases:
1. A GSP policy must be in force for one year before it is
eligible for a rate increase.
2. A GSP policy must have one year between
increases.
Interest Rates Set
The Lifestyle Annuity new money interest rate for the month of
December is 3.25 percent. Rates will
continue to be reviewed and adjusted accordingly. The Deposit Fund
Rider new business interest rate for 2004 has been set at 3.00
percent.
2005 Medicare Update
Beginning in 2005, all newly-enrolled Medicare beneficiaries will be
eligible for an expanded preventive services program. New covered services
include:
• Medicare
Physical. The initial preventive physical will consist of a
comprehensive examination that will allow the physician to diagnose
problems early when treatment is more effective. In addition, the
physician and office staff will provide education, counseling, and
referrals to other preventive services covered by Medicare.
•
Cardiovascular Screening Tests. Cardiovascular disease is the
number one killer in the United States. Every year, some 950,000 persons
die from this condition with 84 percent of those deaths occurring in
people aged 65 and older. Medicare will provide coverage of cardiovascular
screening blood tests, including tests for total cholesterol, high density
lipoprotein, and triglycerides. Beneficiaries will be allowed to be
screened every five years in keeping with the recommendations from the
United States Preventive
Services Task Force. There will be no deductible or co-pay for these
tests.
•
Diabetes Screening Tests. Medicare beneficiaries determined to
be at-risk for diabetes will be provided coverage for a fasting plasma
glucose test and post-glucose challenges. Medicare will allow for diabetes
screening tests up to twice a year. Eligible beneficiaries will not have
to meet a deductible or co-pay for the test.
Holiday Schedule
The United American Home Office in McKinney, TX will be closed Friday,
December 24 and Monday, December 27 in observance of the Christmas
holiday. In addition, the Home Office will also be closed Friday, December
31 in recognition of the New Year.
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Advertising Reminders
Any type of sales or advertising materials, including print ads, TV
or radio scripts, flyers, or direct mail pieces must be submitted to
the Home Office for written approval prior
to publication or use. Please allow two to three weeks for the
review and evaluation of your piece. If state approval is required,
expect additional delays. Some tips for getting your piece approved:
1. Clearly identify the full name of the Company, United American
Insurance Company, at least once in the body of the
advertisement, preferably near the top.
2. If the advertisement is for a Medicare Supplement policy, you
must also include the
Medicare disclaimer at the end of the piece in no smaller than
10-point type. The disclaimer should read: United American
Insurance Company is not associated with Medicare, Social Security,
or any other government agency.
3. Clearly identify the products and services mentioned in the sales
piece.
4. Use words and concepts that your intended audience can clearly
understand. Avoid "industry" terms that the average person
would not know. Also, avoid using ambiguous terms such as
"comprehensive," "the best," or "the
only."
5. Use only the most recent facts and figures available when citing
general financial information or statistics about the Company, its
products, or its ratings. Always provide the source and date for any
statistic, and source dates should not be more than two years old. |
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December
2004
We Serve with Gratitude 