MEDICARE SUPPLEMENT

Medicare has been, and continues to be, a vital reliable source of health insurance for older American’s and younger adults with permanent disabilities. However, Medicare was NEVER meant to cover all health care costs….especially the increasing cost of prescriptions.

Unfortunately...
Medicare’s high cost-sharing requirements and gaps in coverage have led many to seek supplemental coverage through private and public sources.
With just Medicare alone, members could be left to pay thousands of dollars in health care costs out of their own pocket.
Medicare Premiums are on the rise (average 16% on plans A-H and 37% on plans I-J from 1998-2000)1

Offer stability and security beyond Medicare.

Help protect the financial future of your members by sponsoring a Medicare Supplement Insurance Program specifically designed to help pay the costs that Medicare does not cover. Your members can benefit from these Medicare Supplement Program features:

• A+ (Superior) rated company
• Guaranteed Acceptance
• Members are given the choice to keep their own doctors and hospitals.
• Hassle-free claims (Electronic Claims Processing)
• Premium discount for EFT (Electronic Fund Transfer)

Medicare Supplement offers 10 different levels of supplementary insurance in groups A - J, each level offering higher coverage for an additional expense. The plans are available in 48 states and D.C.

The Credit Union Sponsored Medicare Supplement Insurance Program is sold via a personalized Birthday Mailing Campaign targeting credit union members age 64¾. This turnkey marketing program does all the work, so it’s easy to get started!

Credit Union sponsored Medicare Supplement Insurance Programs help build member loyalty.

1Source: Health Affairs. “Trends in Medicare Supplemental Insurance and Prescription Drug Coverage” February 27, 2002

CARRIER
Monumental Life Insurance Company

Monumental is headquartered in Baltimore, MD and is a member of the AEGON Insurance Group and has been providing insurance products since 1858. Because of this strong position, A.M. Best, independent insurance industry analysts, currently have given Monumental Life Insurance Company an “A+” (Superior) rating for financial condition as of March 2003. In NY, coverage underwritten by Transamerica Financial Life Insurance Company, Purchase, NY.

Monumental Life Insurance Company has more than $65 billion of insurance in force as of December 31, 2002. They are licensed in the District of Columbia and all states except New York.

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