How often should we anticipate rate changes and how are renewals handled?
Although Seniors Choice has no rate guarantee, the history of the program has shown that when a rate increase occurs,it is in conjunction with open enrollment, January 1st. One of the unique features of the Seniors Choice program is the renewal process. One way rates increases are minimized is that the the entire block renews together, therefore each member is part of a large pool and is never singled out for rate increases (all groups are offered the same set of rates for the same plan for the age band and area).
