01/22/2008
Medicare supplement rates to increase for 2008
Regence BlueShield will increase rates on all standard Medicare supplement products for 2008. While we are constantly looking at ways to direct rate dollars toward the cost of care for our members, this increase is necessary to meet the rising cost of claims expenses associated with the services and benefits provided under the plans.
These changes, approved by the Washington State Office of the Insurance Commissioner, will take effect March 1, 2008. We will send letters to all members starting Jan. 23. View a sample of the member communications:
If you have questions about this rate announcement or our portfolio of Medicare-related products, please talk to your Regence Consumer Sales contact.
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