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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.
@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.
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.
never-displayed
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