We would like to inform you of a rate adjustment. ACE Property & Casualty Insurance Company received approval in Virginia on 6/22/23 for the following rate increase: 5% for plans A and G; and 4% for plans F, G+ and N.
The effective date of the rate increase is 1/1/24.
- All Medicare Supplement applications dated before 1/1/24, regardless of effective date, will receive the current rates.
- Any application dated on or after 1/1/24 requesting a policy effective date before 1/1/24 will receive the current rates.
- Any application dated on or after 1/1/24 requesting a policy effective date of 1/1/24 or after will receive the new rates.
Summary of this information:
|
Application Date
|
Effective Date
|
Applicable Rates
|
|
Before 1/1/24
|
Anytime
|
1/1/23 Rates
|
|
1/1/24 or after
|
Before 1/1/24
|
1/1/23 Rates
|
|
1/1/24 or after
|
1/1/24 or after
|
1/1/24 Rates
|
VERY IMPORTANT
If you are licensed in multiple states, please call 866-454-0809
to confirm current rates for your non-resident states.
The new Outline of Coverage and Rate Sheets will be available 1/5/24. Place your order for these and other supplies by logging onto the ACE Med Supp Store link within the ACE Med Supp Portal at ACEMedicareSupplement.com.
