CSG announces today new additions to its Medicare Supplement competitive database. Effective October 29, 2010, Modernized Medicare Supplement plans for the following companies have been added to the database:
– Colonial Penn Life Insurance Company
– Reserve National Life Insurance Company
In addition, a number of companies have filed and received approval of rate increases on their Modernized Medicare Supplement plans effective October 1, 2010 or later. The companies and the average rate increases by sample plans are shown below:
|Company||Effective Date||Average Increase By Plan|
|Mutual of Omaha||10/1/2010||12%||8%||12%||8%||N/A||N/A|
CSG continues to monitor the Medicare Supplement marketplace and strives to provide the most up-to-date competitive intelligence in the industry. Our database currently includes competitive information on over 40 companies offering Medicare Supplement insurance. For more information please contact Bryan Neary, by phone at (402) 502-7747, by email at email@example.com, visit online at www.csgactuarial.com.