Hi everyone,
Am new to the forum. I work in the senior market, medicare supplements, long term care, final expense. Just moved to Kentucky from Missouri.
Missouri has a law that allows med sup policyowners to change companies on their policy anniversary date, 30 days before the date and 30 days after, without having to answer health questions. This is tremendous for the policyowner, if rates get too high or they don't have an agent servicing them. They do have to show proof of coverage can only change like plans, example Plan F to Plan F. Whatever current plan is.
As far as I know Missouri and I think one other state does this. I wrote my state representatives today, am starting campaign to get this in Kentucky. Of course I don't know what this will do to rates.
Just wondering what others think about this.
Deanna Carlisle
www.greatrelationshipmarketing.com
Am new to the forum. I work in the senior market, medicare supplements, long term care, final expense. Just moved to Kentucky from Missouri.
Missouri has a law that allows med sup policyowners to change companies on their policy anniversary date, 30 days before the date and 30 days after, without having to answer health questions. This is tremendous for the policyowner, if rates get too high or they don't have an agent servicing them. They do have to show proof of coverage can only change like plans, example Plan F to Plan F. Whatever current plan is.
As far as I know Missouri and I think one other state does this. I wrote my state representatives today, am starting campaign to get this in Kentucky. Of course I don't know what this will do to rates.
Just wondering what others think about this.
Deanna Carlisle
www.greatrelationshipmarketing.com