Group Medicare Supplement Renewal Rates Approved

The 2019 Medicare Supplement rates were approved by the Illinois Department of Insurance on December 12. We sent a renewal mailing to Medicare supplement members on December 17, and we began sending group renewals on December 19.

We are required to give members and groups a 30-day notice before changing their rates, so the new rates will go into effect on February 1, 2019. We will not extend the 2020 renewal. That renewal date will still be January 1, 2020.

Please contact your client consultant with any questions.