AHCMS05602NJ
101519
Payment method
○ Check ○ EFT
○ List Bill billing file identifier
Payment method
○ Check ○ EFT
○ List Bill billing file identifier
Application for Medicare Supplement Insurance
Page 2 of 11 Applicant A Initials........................................................ Applicant B Initials........................................................
Plan and premium information continued
You have a choice among several
payment options or modes for
paying your premium (annual,
semi-annual, quarterly and
monthly electronic funds transfer).
If applying for household discount:
provide the discounted and non-
discounted premium amounts.
HOUSEHOLD PREMIUM DISCOUNT INFORMATION
In order to be eligible for the household discount under an Aetna Company Medicare
supplement plan, you must apply for a Medicare supplement plan at the same time as another
Medicare eligible adult or the other Medicare eligible adult must currently be covered
by an Aetna Company Medicare Supplement policy issued in New Jersey. The Medicare
eligible adult must be either: (a) your spouse; (b) someone with whom you are in a civil
union partnership; and (c) someone with whom you have continuously resided for the past
12 months. The household discount will only be applicable if a policy for each applicant is
issued. The discounted rates will be 7 percent lower than the individual rates and will apply
as long as both policies remain in force.
PAYMENT MODES
Each payment mode, other than annual and monthly electronic funds transfer, results in higher total
yearly premium costs. Reasons for higher costs include added collection and administrative costs, time
value of money considerations and lapse rates. The annual and monthly electronic funds transfer modes
have the same and lowest total yearly premium costs. As a result, there is a time value of money
advantage to you for paying monthly versus annually. However, there may be other advantages to you
for choosing an annual payment based on your preferences. Your agent can explain the differences in
modes and help you decide which is best for you. You may change your payment mode, among the modes
available, during the life of your policy.
Household premium discount
eligibility information
To be eligible for the household
discount as outlined below, please
answer the applicable eligibility
questions in this section.
1) Is the other Medicare eligible
adult applying either:
a. your spouse; or
b. someone with whom you are in a
civil union partnership; and
c. someone with whom you have
continuously resided for the past 12
months?
Applicant A ○ Yes ○ No
Applicant B ○ Yes ○ No
If both answered "yes", and
purchase this policy, you will
qualify for the household premium
discount.
2) Or, does the other Medicare
eligible adult already have Medicare
supplement coverage with the
same or another Aetna Company
that also has available a household
discount and is either
a. your spouse; or
b. someone with whom you are in a
civil union partnership; and
c. someone with whom you have
continuously resided with for the
past 12 months?
Applicant B ○ Yes ○ No
If yes, please provide the following
information:
Name: ...........................................................................................................
Address: ....................................................................................................
........................................................................................................................................
Policy Number: ........................................................................
Upon verification of eligibility, and
approval of your application, you
and the existing policyholder will
qualify for the discount.
Applicant A Plan selected Requested Medicare Supplement effective date: mm/dd/yyyy
▪ ▪
Modal premium:
$
Modal premium with discount:
$
Application fee:
$
Total initial premium collected/draft:
$
Applicant B Plan selected Requested Medicare Supplement effective date: mm/dd/yyyy
▪ ▪
Modal premium:
$
Modal premium with discount:
$
Application fee:
$
Total initial premium collected/draft:
$
Initial premium:
○ Draft initial premium upon policy approval
○ Draft initial premium on policy effective date
Initial premium:
○ Draft initial premium upon policy approval
○ Draft initial premium on policy effective date
Payment mode
○
Annually ○ Quarterly
○ Semi-Annually ○ Monthly EFT (Electronic Funds Transfer)
Payment mode
○
Annually ○ Quarterly
○ Semi-Annually ○ Monthly EFT (Electronic Funds Transfer)
You are eligible for Guaranteed Acceptance in Plan D if:
▪ your Medicare Part B effective date is prior to 1/1/2020 and you apply within six months of enrollment
in Medicare Part B and you are not covered by any other Medicare Supplement Plan; or
▪ your Medicare Part B effective date is on or after 1/1/2020 and you apply within 12 months of enrollment
in Medicare Part B.