Upcoming rate adjustment for Med Supp
Effective May 1, there will be a rate adjustment for Med Supp policies underwritten by Lumico Life Insurance Company (Lumico) in New Mexico. You can view the rate changes here.
For NM
- New policies will continue to be underwritten by Lumico in NM. Please note the following cut off dates:
- Applications signed on or after 4/1/24, with a requested effective date on or after 5/1/24, will be subject to the new rate.
- Applications signed on or before 3/31/24, with a requested effective date on or after 5/1/24, will receive the current rate.
Thank you,
Lumico team