IAC Iowa 2020 Med Sup rate adjustments

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December 16, 2019

IAC Iowa 2020 Med Sup rate adjustments

Directive #1241

To: Individual Assurance Company (IAC) Medicare Supplement Agents in Iowa

From: Scott Dumbauld, VP/CMO

Date: 12/16/2020

Subject: State Medicare Supplement Plan Iowa 94070

We recently filed and received approval for a rate adjustment in the state of Iowa. We will use these rates for existing policyholders starting February 1, 2020. Policyholders are notified of the new rates prior to the effective date. We wanted you to have advance notice of this action.

Iowa is receiving a 12% increase for plans A, F and G.

Iowa is receiving a 7% increase for plan N..

The updated application kits will be available in the agent portal. You can also download the rates by clicking here.

IAC strives to ensure our policy owners enjoy true “freedom of choice” in their health care decisions about Medicare. We plan to sustain our blocks of business with adequate premiums over the lifetime of the policy owners.

We intend to provide superior, friendly and personalized customer service which you have come to expect and rely upon.

If you have any questions or want to order a supply of application kits please contact HFG’s Agency

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