Increase in supplemental plan?

[ka4778]

My supplemental plan went up 7.5% for 2021. Has anyone figured out what their increase is? I'm wondering if that was a standard amount.

[somarco]

@ka4778 so many factors to consider.

Trend.

Utilization.

Loss ratio

Age.

Pooling.

Discount amortization.

Lost HH discount

Plan

Closed block 

Renewal increases in GA generally range from 4% to 8% on active blocks . . . 10%+ on closed blocks.

[ka4778]

Thanks Somarco. I didn't realize there was so much involved. But, looks like I'm within the range you've quoted for GA, so that's interesting.