|Medicare Supplement Household Discount Increasing to 7% in OH
Aetna will increase the household discount from 5% to 7% on Medicare Supplement plans issued in Ohio effective June 15, 2015.
No action needed to get the higher discount
Eligible applicants and existing policyholders will receive the increased household discount.
- For new business, the 7% household discount will apply to new applications written on or after June 15, 2015. All pending applications that qualify for the discount will be issued at the new 7% discounted rate.
- For existing policies issued with an effective date of July 1, 2015 or later (with premiums already paid AND where eligibility for the household discount was provided on the application), AHLIC will issue a new policy, which will include the higher household discount.
- All other policyholders who previously received the 5% household discount will automatically receive the 7% household discount on their future premium that have a premium due date of June 15, 2015 or later.
Excess premiums, if any, will be applied to the policyholder’s future premiums.
Is your Medicare Supplement currently with Aetna? They are offering great rates in addition to this additional discount. Call our office today (937-492-8800) to see if you might be able to save money with Aetna and Seniormark.