Americo: Medicare Supplement Rate Changes Coming August 1

There have been Medicare Supplement rate changes in Kentucky, Michigan, Minnesota, North Dakota, South Dakota, and Texas.

Effective August 1, 2022, we will be making the following rate changes to Great Southern Life (GSL) Plans A, F, G, and N in Kentucky.

Plan F

Plan G

Plan N

Plan A

Effective Date

7.0%

14.9%

11.0%

14.9%

8/1/2022

For existing policies, the rate increase will not occur until the policy anniversary date. On new policies, these rate changes will apply to all applications signed on or after August 1, 2022.


Effective August 1, 2022, the following rate changes will be made to Great Southern Life (GSL) Plans A, F, G, and N in Michigan.

Plan F

Plan G

Plan N

Plan A

Effective Date

14.9%

14.9%

8.0%

14.9%

8/1/2022

For existing policies, the rate increase will not occur until the policy anniversary date. On new policies, these rate changes will apply to all applications signed on or after August 1, 2022.


Effective August 1, 2022, the following rate changes will be made to Americo Financial Life (AFL) Plans A, F, G, and N in Minnesota.

Plan F

Plan G

Plan N

Plan A

Effective Date

7.0%

7.0%

7.0%

7.0%

8/1/2022

For existing policies, the rate increase will not occur until the policy anniversary date. On new policies, these rate changes will apply to all applications signed on or after August 1, 2022.


Effective August 1, 2022, we will be making the following rate changes to Great Southern Life (GSL) Plans A, F, G, and N in North Dakota.

Plan F

Plan G

Plan N

Plan A

Effective Date

13.0%

13.0%

8.0%

13.0%

8/1/2022

For existing policies, the rate increase will not occur until the policy anniversary date. On new policies, these rate changes will apply to all applications signed on or after August 1, 2022.


Effective August 1, 2022, we will be making the following rate changes to Great Southern Life (GSL) Plans A, F, G, and N in South Dakota.

Plan F

Plan G

Plan N

Plan A

Effective Date

14.9%

11.0%

5.0%

14.9%

8/1/2022

For existing policies, the rate increase will not occur until the policy anniversary date. On new policies, these rate changes will apply to all applications signed on or after August 1, 2022.


Effective August 1, 2022, we will be making the following rate changes to Great Southern Life (GSL) Plans A, F, G, and N in Texas.

Plan F

Plan G

Plan N

Plan A

Effective Date

10.5%

11.0%

8.0%

11.0% under 65

10.00% age 65+

8/1/2022

For existing policies, the rate increase will not occur until the policy anniversary date. On new policies, these rate changes will apply to all applications signed on or after August 1, 2022.

If you have any questions, call us today at 866-568-9649!

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2401 Sardis Road North, Suite 110
Charlotte, NC 28227

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9441 Lyndon B. Johnson Fwy Suite 512
Dallas, TX 75243

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Philadelphia, MS 39350

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