Get no hassel quotes and comparisons for United Commercial Travelers Medicare Supplements
United Commercial Travelers is a fraternal organization that in addition to member benefits and discounts, community charity and volunteering efforts, also offers a wide portfolio of insurance products. It all started in Columbus Ohio by eight traveling salesman back in 1888 to provide accident insurance to their families. It was not long after that they expanded this idea to Canada and now have an international presence.
Guiding you to make an informed decision
You can’t ignore the rate increase history for United Commercial Travelers Medicare Supplements. Although no company can guarantee that the rates won’t increase other than an age increase, UCT’s rate increase history has been incredible and hard to beat making them one of the best Medicare Supplements on the market.
I want to differentiate an age increase from a claims increase. The most common type of policy offered by companies is the attained age rated policy. As it infers, your premiums will go up, usually by a very small percentage (average about 2%) each year as you get older.
There is a gross misconception that if you purchase an issue age policy. Your rates may be slightly higher in the beginning but they won’t increase as your policy renews each year. All policies either attained age, community rated or issue age policies are subject to a claims increase.
Claims increases are the imposed when the claims paid by the company are higher than anticipated. Companies have to make up the difference in some way and they most commonly accomplish it by passing on a rate increase to the like policy holders in the same geographic area and plan.
Who Qualifies for the United Commerical Travelers Medicare Supplement
If you are in your Medicare Part B open enrollment or a Guaranteed Issue period the current rates, past rates and number of years in the Medicare Supplement market are excellent indicators to make your choice. If you’re not in one of these situations you’ll have to pass the health questions to be accepted. Each company has its own niche for conditions they can be lenient towards some conditions and others will not be considered for coverage.
United Commercial Travelers Medicare supplement plans rates are guaranteed for 12 months and do not contain any pre-existing conditions. Applications can be accepted up to 6 months in advance of the requested effective date. If you are new to Medicare or other coverage is ending, you should provide a copy of that information to your agent to submit with your application.
UCT may be a great option for people who have the following conditions. This is not a guarantee you will be accepted and you should consult with your independent agent to clarify the following.
• Anxiety considered mild to moderate, treated with only one medication; not being treated by a psychiatrist or hospitalized within past two years.
• Arthritis that is mild to moderate that does not require help with activities of daily living. You must be able to move from place to place without any assistance of another person, wheelchair, walker, or motorized device.
• Asthma which is allergy induce or seasonal asthma with no limitations or use of oxygen.
• Depression that is mild to moderate and no Bi-Polar disorder.
• Diabetes controlled by diet and/or oral medication only. No insulin dependent diabetics accepted or conditions as a result of diabetes such as neuropathy or retinopathy.
• Heart Conditions. Treatment for HBP under control is acceptable. No other treatment or surgery within the last 2 years.
• Osteoporosis with no fractures within the last 2 years. Treatment with medication OK.
• Seizures if you still have an active lifestyle with no limitations.
If you have any of the following and are not in Open Enrollment or Guaranteed Issue, you should not apply for coverage- Call us and we’ll recommend another company.
Treatment includes diagnosed with, surgery, therapy, received medical advice or taken medications or any other type of procedure.
• AIDS, tested positive for the HIV infection or ARC now or ever
• Alzheimer’s disease/senile dementia now or ever
• Amputation due to disease Angina pectoris diagnosed now or ever
• Angina in the last 2 years
• Arthritis rheumatoid or inflammatory in the last 5 years
• Atrial Fibrillation chronic or recurrent in the last 2 years
• Cancer (internal) within last 5 years
• Cardiomyopathy in the last 2 years
• Cirrhosis in the last 2 years
• Congestive heart failure within 2 years
• Coronary bypass, stents or angioplasty within 2 years
• CPAP for sleep apnea and Bi-PAP for sleep apnea now or ever
• Crohn’s disease/ulcerative colitis/colostomy within the last 5 years
• Defibrillator now or ever
• Diabetes with insulin, neuropathy, retinopathy, kidney disease other disorders as a result of Diabetes now or ever
• Emphysema or lung disorder requiring oxygen or steroids (except asthma) now or ever
• Heart attack within 2 years
• Heart valve replacement, repair or surgery within last 2 years
• Hodgkin’s disease within 5 years
• Hospitalized for any reason other than an accident in the last 2 years
• Non-Hodgkin’s lymphoma within last 5 years
• Kidney disease requiring dialysis, chronic kidney disease, renal insufficiency, or renal failure within the last 5 years
• Lupus (systemic) in the last 5 years
• Macular Degeneration (wet) ever
• Multiple sclerosis now or ever
• Muscular Dystrophy now or ever
• New pacemaker within two years
• Opiate use current
• Organ transplant ever
• Osteoporosis with fractures within the last 5 years
• Oxygen use in the last 5 years
• Pacemaker implanted (not battery replacement) in the last 2 years
• Parkinson’s disease now or ever
• PSA elevated under observation in the last 5 years
• Sleep Apnea with positive airway pressure, oxygen or untreated now or ever
• Spinal Stenosis in the last 5 years
• Stroke within last 2 years
• TIA (mini-stroke) within last 2 years
In addition to passing there are certain medications that will cause an automatic decline. You should consult with your agent to check the list of the most common declinable medications. The list is not all inclusive and will change frequently as new medications and their uses change.
You can see that UCT may strict when it comes to accepting certain conditions, but this helps keep the claims rate increases to a minimum. The key is get in early as possible if not when you are first eligible for Medicare. Apply for it as the youngest age possible and while your healthy enough to be accepted.