07/31/2008
Medicare Supplement transfer rules explained
We are frequently asked if a Medicare Supplement transfer application from an existing member or a new application from a non-member can be a guaranteed issue or whether it would be subject to underwriting. In response, we reviewed our Medicare Supplement Transfer administration rules and have created a formalized process for determining when a guaranteed issue is appropriate and when underwriting is called for. We have also prepared a table to serve as a common reference document for the agent community and our Sales and Membership areas.
The table lists a range of scenarios for transfer to each of our Medicare Supplement plans and indicates whether those transfers would be made as a guarantee issue or be subject to underwriting.
This document will become effective Sept. 1, 2008. Please use it as a quick reference when advising your clients. Since it is a policy document, please do not share it with clients or other carriers in the market.
If you have questions, please talk to your Asuris Consumer Sales contact.
Note: To print a PDF document, you need Adobe® Reader®. Download it now for free.
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