Aetna Rate Decrease
Aetna Health and Life, American Continental and Continental Life Rates will be discounted for household rates effective July 15, 2013. The discount applies to both new business and existing policy holders. Policies that have an effective prior to June 1, 2010 are not eligible for the discount.
American Continental and Continental Life Rates - State that are Eligible
The American Continental and Continental Life rate decrease will be based upon the applicant’s state of residence. The eligible states are Georgia, Iowa, Illinois, Louisiana, Mississippi, Nebraska and Texas.
Aetna has now become a large player in the Medicare market and is expected to see much growth in the coming years.
The American Continental and Continental Life rate decrease discount of 5% will apply when two Medicare Supplement applicants reside in the same household and both policies are issued in the same state by the same underwriting company.
Eligibility guidelines for applicants who apply for the American Continental and Continental Life rate decrease must meet one of the following criteria:
- Domestic partners(civil union or partnership)*state guidelines*
- Individuals who reside at the same residence for the last twelve months and must be a continuous 12 months
- One discount per household.
- No additional discounts if there is a third policy holder in the household.
- Both policies must remain in force for the 30-day free look period. The discount will remain if one policyholder expires or terminates coverage after the free look period.
The application must include the existing policy holder’s information. The new application form has been revised as a dual application, which allows two eligible household members to apply for coverage and the discount on the same form.
The new sales material will be available for download on July 15, 2013. You can begin using the new dual applications immediately. If an application is submitted on an old application on or after August 15, 2013 it will be returned to the agent unprocessed.
Existing policyholders can apply for the American Continental and Continental Life rate decrease by completing the Household Eligibility Discount Request Form.
Call 1-877-759-5760 or visit our Medicare Quote Engine for instant Medicare Supplement Rates.