Price Improvements to Nationwide CareMatters II
Beginning November 7, 2022, Nationwide is implementing a second price improvement in 2022 across all scenarios for the current CareMatters II product as part of our commitment to responding quickly to changing economic conditions and delivering value for new policyowners. *
The price improvement is an average pricing decrease of 5% for all scenarios. There will be a price decrease for all scenarios; however, the percent decrease varies by the characteristics of the case.
Important dates: Any policies with an effective date on or after November 7, 2022, will receive the improved pricing. Any new business already at Nationwide will receive the new rate. Please continue to submit applications; all policies will be issued at the new rate on or after November 7, 2022, unless otherwise requested. Normal CareMatters backdating rules apply.
Download the transition rules here.
*These changes do not apply to Nationwide YourLife CareMatters in New York and California.