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An Agency Directive from Equitable Life & Casualty



Directive #1397

TO:

All Equitable Life & Casualty Agents in Alabama, Arizona, Arkansas, Colorado, Connecticut, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Michigan, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, West Virginia, Wyoming

DATE:

May 30, 2018

SUBJECT: 

Discontinuation of Medicare Supplement Plans


Equitable Life & Casualty (Equitable) has long been committed to providing consumers with products that supplement Medicare, from the earliest plans following the enactment of Medicare to the current standard plans established by the NAIC in 2010. In keeping with this commitment, Equitable's subsidiary, Equitable National Life Insurance Company (Equitable National), began offering new Medicare Supplement plans in 2017 and will continue to roll out new states in 2018

Due to the competitive nature of Medicare Supplement insurance premiums, and with the introduction of Equitable National's plans, it is time to discontinue Equitable's Medicare Supplement plans.

This discontinuation applies to all Equitable Medicare Supplement plans – Plans A, F, G (where available) and N, and will be effective Monday, June 25, 2018. Equitable will continue to accept applications for these plans through Friday, June 22, 2018. Paper applications must be postmarked no later than June 22, 2018.

It is very important to note that this action affects new sales only; no in-force policies will be cancelled or non-renewed due to the discontinuation of these plans. Current policyowners may keep their policies for as long as they wish by continuing their payment of plan premiums.

Additionally, this action in no way affects Equitable National's plan offering. We encourage you to continue to present Equitable National's Medicare Supplement plans to your clients.

Finally, we continue our commitment of giving you and our policyowners only the very best in the superior, friendly, personalized service that you have all come to expect and rely upon.

Any questions should be directed to Agency Services at 1-800-352-5121.