Why are United American rates for Medicare Supplement Plan G and N so high?

[Fisher]

That answer was incomplete. Why wouldn't the UA bean counters want any more G or N business on the books for NM

That was not part of the question. The answer to the question you asked was complete.

 

[rousemark]

That answer was incomplete. Why wouldn't the UA bean counters want any more G or N business on the books for NM, if other companies apparently do want it? Aren't they all selling to the same people?

The obvious answer is the loss ratio is higher than they want. The bottom line controls everything.

 

[LostDollar]

Why are United American rates for Medicare Supplement Plan G and N so high?
I'm only looking at my home state of NM but UA is almost twice the rate for the lowest-priced companies.

That would just be a subset of a question like:

Why do the Plan G premiums for my zip code have a price range of $3K or more?

From my seat in the back of the auditorium, "That's just the way the different carriers choose to conduct their Medigap programs" and I have to learn how to work with it.

 

[dandan]

United American was the best back in the late 70's to mid 80's.

 

[Millwood]

Maybe their rates are actual rates. They don't have 30 blocks of business. They don't open a new block every 3 years.. They pay level commisions for life, not just 6 years.
All med supp company's have the same loss ratio so .......