Premium change for CHLIC Medicare Supplement
Rate adjustment notice for Missouri
At Cigna, we are committed to helping customers enjoy a healthy and happy life. That’s why we periodically review our premiums and make adjustments to ensure we are able to provide the products and services they need.
During our review, we consider trends in healthcare costs, the product purchased and medical claims for similar policies in a given area. Sometimes we have to increase premiums to maintain the level of service and support policyholders expect.
Starting January 1, 2019, Cigna Health and Life Insurance Company (CHLIC) will implement the following rate adjustments for Medicare Supplement policies in Missouri:
- 0% increase on Plans High Deductible F & N – rate hold!
- 9.9% increase on Plan A
- 5.0% increase on Plan F
- 3.5% increase on Plan G
We understand that an increase in premiums can be a concern for seniors, many of whom are on a fixed budget. We are notifying policyholders soon to let them know this change is coming so there is no surprise.
The CHLIC Med Supp plans are a great value for your customers
The CHLIC Med Supp plans will continue to provide your customers the same coverage and some customers may be eligible for a 7% household discount and don’t forget these additional advantages:
- Health Information Line
- Cigna Healthy Reward® Program
– Vision and hearing discounts
– Health and wellness discounts
– Fitness club and equipment discounts