Guide to Medicare Supplements
Medicare Supplement Trends
When are price increases for Medicare Supplements announced for each state and carrier?
UnitedHealthcare’s monthly premium generally changes once a year. However, an enrolled insured member may see his/her monthly premium change after the first year of coverage due to rate guarantee ending and/or at other times when the Enrollment Discount changes on the policy anniversary. (varies by State)
Do plans pay commissions on client under 65?
Typically plans do not pay commissions for clients aged under 65. We recommend checking commission statements before you write a policy, but the general guidelines for each carrier are:
- Cigna: does not pay
- UnitedHealthcare: only pays in CA (during first 6 months of Medicare Part B enrollment) and CO, FL, ID, IL, KS, ME, MN, MO, MT, NY, OR, PA, TN and WI. In these cases, the age 65+ commission applies. In PA, for years 1-6, commissions for all levels will be paid at 5% of the 65+ rates.
- Humana: does not pay