News & Blog
A few weeks ago, Friday Health Plans announced they would not be selling on-exchange in Texas. At that time, they were also considering whether or not to sell off-exchange health plans. Since the off-exchange market is a very small percent of our membership, they have decided it would be prudent to redirect our resources to other states and pause all health plan sales, on and off-exchange, in Texas for 2023.
This is an important announcement for agents with customers in Florida, Illinois, New York, and Texas and for those with business in those states. The counties below are under a state designated SEP due to an emergency.
American Equity is pleased to announce that rates are increasing on their flagship AssetShield fixed index annuity series, on the fixed interest strategy, and many index-linked crediting strategies. In addition, rates are increasing for all GuaranteeShield fixed annuities. Rate increases are effective today, November 2, 2022.