American Progressive Life & Health Insurance ... - New York

[Pages:2]American Progressive Life & Health Insurance Company of New York Letterhead

RE: Prior Rate Increase Notification -

Dear Policyholder:

American Progressive Life Insurance Company of New York has filed its 2012 community rated Medicare Supplement premiums with the New York State Department of Financial Services (NYDFS). In keeping with a

newly enacted state law, we are sending you this advance notice of an anticipated premium change. You previously received a letter from us regarding this increase. Please disregard that letter and consider this notice as the proper notice.

You have 30 days from the date of this letter to contact American Progressive or NYDFS to request additional

information about the rate change, or to submit written comments to NYDFS. You may contact us to determine the start date and conclusion date of that comment period. This notice will also be posted on the NYDFS

website.

Assuming our filing is approved by the State, the rate increase for your Standardized Medicare Supplement policy will be as follows, depending on your Plan. Once this increase is approved we will send an appropriate rate notification to each policyholder 60 days before the new rate goes into effect.

Plan A Plans B, C, G Plan D Plan E Plans F, F+ Plan N

15% 3% 7% 9% 0% 7.75%

The premium change is being requested because of the increased cost of benefits due to:

1. The increased cost of medical services 2. The increase in costs due to the use of expensive new technologies and prescription drugs 3. The increase in the Medicare deductibles and co-payments.

American Progressive has prepared a narrative summary that is being posted to the NYDFS website that provides more detailed information concerning the rate increase.

Comments may be sent to the New York Department of Financial Services at the following address:

Health Bureau - Premium Rate Adjustments New York State Department of Financial Services

One Commerce Plaza Albany, NY 12257

Or by email, PremiumRateIncreases@dfs.

APR Std Med Supp Prior Notice Letter

Please include our company name, American Progressive Life & Health Insurance Company of New York, in your letter or email to the department. Comments submitted to the NYDFS will be posted to their website with your personal information removed.

To write us here at American Progressive, please use this address: American Progressive Life & Health Insurance Company of New York Customer Service Department P.O. Box 130 Pensacola, FL 32591 1-800-645-4116 UniversalAmericanInsurance Or if you prefer: PremiumRateIncreases@ Sincerely Customer Service

APR Std Med Supp Prior Notice Letter

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