Medicare Supplemental Rate Increase Criticized

by Christine Stuart | May 14, 2008 1:35 PM | Permalink | Comments (0)

The state Insurance Department approved a 30 percent increase in Genworth's Medicare Supplemental plans for 2,049 customers in the state who use the plan to cover benefits not covered by traditional Medicare.

The Insurance Department's decision late Tuesday afternoon has State Healthcare Advocate Kevin Lembo and Judith Stein, director of the Center for Medicare Advocacy, upset with the Insurance Department for its industry friendly decision.

Full story here.