Med Supp (Lumico) question

[Travis Price]

Cancer is primary cause... but other reasons, even age, can be the cause..

Reread my comment. It's not unreasonable to think cancer, as it's the primary cause. G wasn't saying Lymphedema was cancer, he was thinking it was probably cancer due to cancer.

However, more probing questions would need to be asked to verify. Any underwriter or claims evaluator will jump to Lymphedema likely being connected to cancer first, then work their way down.

When someone is describing a white horse, you don't start looking initially for a Zebra. You check out white horses first.

 

[rousemark]

Reread my comment. It's not unreasonable to think cancer, as it's the primary cause. G wasn't saying Lymphedema was cancer, he was thinking it was probably cancer due to cancer.

However, more probing questions would need to be asked to verify. Any underwriter or claims evaluator will jump to Lymphedema likely being connected to cancer first, then work their way down.

When someone is describing a white horse, you don't start looking initially for a Zebra. You check out white horses first.

Not if they mention the white horse has black stipes.. I am not disagreeing with you. If Lymphedema is mention, then cancer is certainly the first consideration, but you don't jump to conclusion that it is cancer to the exclusion of any other possibility as Monkey Boy did.. (Man hasn't been here for ages and he is still stirring the pot!)

 

[Travis Price]

Not if they mention the white horse has black stipes.. I am not disagreeing with you. If Lymphedema is mention, then cancer is certainly the first consideration, but you don't jump to conclusion that it is cancer to the exclusion of any other possibility as Monkey Boy did.. (Man hasn't been here for ages and he is still stirring the pot!)

I think you're reading too much into it. He's questioning that she started with almost nothing going on to mention she had lymphedema, which is more than likely cancer.

Personal opinion, and it's just me... I'm going to start with cancer questions because it's possibly a knock out.

 

[somarco]

the word "paper" in this post makes no sense to me.

Elips is the issuing carrier . . . Lumico may be acting as a ceding carrier but they are not issuing coverage under their name.

"Paper" and "pen" are terms common to reinsurance arrangements.

The "pen" refers to the carrier/company that actually underwrites and prices the coverage.

Financials (such as they are) for Elips.
Elips Life Insurance Company - Company Profile - Best's Credit Rating Center

elipsLife is an international insurance company serving institutional customers (B2B business). It focuses on all biometric insurance products covering the financial consequences of illness, accident and loss, in particular occupational and private pension provision for the risks of death and disability. elipsLife operates in Europe and the US. In Europe, elipsLife has a market presence in Switzerland (Zurich), Liechtenstein (Vaduz), Benelux (Hoofddorp), Germany (Cologne), Italy (Milan) and Ireland (Dublin). The US market is serviced from Schaumburg, Illinois. elipsLife is a wholly-owned subsidiary of Swiss Re, the leading global reinsurer in the Life & Health insurance segment.

All risk products from a single source - elipsLife

And here is the connection to Lumico.

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" of Lumico Life Insurance Company (Jefferson City, MO) and Lumico Life Insurance Company of New York (Armonk, NY). The outlook of these Credit Ratings (ratings) is stable. Together, these two companies are referred to as Lumico Life, and are indirect subsidiaries of Swiss Re Ltd (Swiss Re)

AM Best Affirms Credit Ratings of Lumico Life Insurance Company and its Affiliates

 

[Bob L]

Elips is the issuing carrier . . . Lumico may be acting as a ceding carrier but they are not issuing coverage under their name.

"Paper" and "pen" are terms common to reinsurance arrangements.

The "pen" refers to the carrier/company that actually underwrites and prices the coverage.

Financials (such as they are) for Elips.
Elips Life Insurance Company - Company Profile - Best's Credit Rating Center

elipsLife is an international insurance company serving institutional customers (B2B business). It focuses on all biometric insurance products covering the financial consequences of illness, accident and loss, in particular occupational and private pension provision for the risks of death and disability. elipsLife operates in Europe and the US. In Europe, elipsLife has a market presence in Switzerland (Zurich), Liechtenstein (Vaduz), Benelux (Hoofddorp), Germany (Cologne), Italy (Milan) and Ireland (Dublin). The US market is serviced from Schaumburg, Illinois. elipsLife is a wholly-owned subsidiary of Swiss Re, the leading global reinsurer in the Life & Health insurance segment.

All risk products from a single source - elipsLife

And here is the connection to Lumico.

AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "a+" of Lumico Life Insurance Company (Jefferson City, MO) and Lumico Life Insurance Company of New York (Armonk, NY). The outlook of these Credit Ratings (ratings) is stable. Together, these two companies are referred to as Lumico Life, and are indirect subsidiaries of Swiss Re Ltd (Swiss Re)

AM Best Affirms Credit Ratings of Lumico Life Insurance Company and its Affiliates

Ahhh, that's why I like hanging around you guys. I learn something new all the time!