“ACA Diluted Funds for the Severely Disabled”

“ACA Diluted Funds for the Severely Disabled,” by Paul T. Spencer, Wall Street Journal letter to the editor “The ACA has expanded funding for Medicaid services, but it has also to an even greater degree expanded the pool of people eligible to dip their spoon in the pot. It used to be that Medicaid did a fair job of providing for the truly disabled and needy. Now it does a lousy job of serving more people, many of whom are not truly needy and could provide care for themselves. . . . Please join me in supporting the repeal of
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Categories: Industry News and Long-Term Care.

“Brain scan study adds to evidence that lower brain serotonin levels are linked to dementia”

“Brain scan study adds to evidence that lower brain serotonin levels are linked to dementia,” ScienceDaily “In a study looking at brain scans of people with mild loss of thought and memory ability, Johns Hopkins researchers report evidence of lower levels of the serotonin transporter — a natural brain chemical that regulates mood, sleep and appetite. Previous studies from Johns Hopkins and other centers have shown that people with Alzheimer’s disease and severe cognitive decline have severe loss of serotonin neurons, but the studies did not show whether those reductions were a cause or effect of the disease. Results of
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Categories: Industry News and Long-Term Care.

“3 Insurance-Based Medicaid Planning Strategies”

“3 Insurance-Based Medicaid Planning Strategies,” by Allison Bell, ThinkAdvisor “A longtime advocate of private long-term care insurance contends that many consumers use insurance-based strategies to game the Medicaid nursing home benefits eligibility system. Stephen Moses, president of the Seattle-based Center for Long-Term Care Reform, includes descriptions of insurance-based strategies consumers can use to meet Medicaid asset limits in a new report on ideas for fixing the U.S. long-term care finance system.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Allison Bell’s review of our new report “How to Fix Long-Term Care Financing” may leave readers somewhat unclear about its
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Categories: Industry News and Long-Term Care.

“Nearly 1 In 5 Hospice Patients Discharged While Still Alive”

“Nearly 1 In 5 Hospice Patients Discharged While Still Alive,” by Ina Jaffe, National Public Radio “Hospice care is for the dying. It helps patients manage pain so they can focus on spending their remaining time with loved ones. But in recent years, nearly 1 in 5 patients has been discharged from hospice before he or she dies, according to government reports. A study published last month in the journal Health Affairs finds that hospices with the highest rate of so-called live discharges also have the highest profits. . . . ‘We see more and more patients that have conditions
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Categories: Industry News and Long-Term Care.

“Hospital patients don’t get good data on nursing homes”

“Hospital patients don’t get good data on nursing homes,” by Andrew M. Seaman, Reuters   “Patients in U.S. hospitals who need to be transferred to a nursing home are often left to choose a facility without the benefit of important information, suggests a new study. In many cases, patients only receive lists of nearby facilities, without comprehensive and publicly available information about their quality, researchers found. . . . Hospitals cited legal restrictions and an emphasis on patient choice as the reasons why they could not supply patients with additional data about nursing facilities.” LTC Comment (from Stephen A. Moses,
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Categories: Industry News and Long-Term Care.

Good News | GTL’s Short-Term Home Health Care Now In DC & PA!

    GTL’s Short-Term Home Health Care Now In DC & PA! GTL’s brand new Home Health Care insurance is now available in 26 states, with DC and Pennsylvania being the latest approvals. And more are coming soon! 3 Benefit Options $150, $300 or $450 maximum daily benefit Great Cross-Selling Opportunity Complements our other great products Great Value-Added Riders HIP, Critical Accident, Dental/Vision and Ambulance riders available Built-in Prescription Drug Benefit Prescription benefit year maximum of $300 or $600 Ask Mayo Clinic Access Policyholder Access to Ask Mayo Clinic Nurseline and Critical Illness Support And More! Don’t miss live introductory
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, and Kemper.

In-Force Rate Action Announcement: Kansas (Privileged Choice® and Classic Select®)

As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Kansas has now allowed the following increase: Kansas Product Series Increase Percentage Privileged Choice 40% Classic Select 40% This rate increase applies to both AARP and Non-AARP policies. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin August 15, 2017 and will continue throughout the next year.
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Categories: Genworth, Industry News, and Long-Term Care.

Rate Adjustments Effective November 1, 2017 – FL

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha and we intend to remain a key player in this market for years to come. In order to fulfill this commitment, we actively monitor emerging industry trends as well as our own experience so we can make the adjustments necessary that will allow us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective November 1, 2017: Block of Business Impacted States LTAR, NHAR, NHA, LTA, LT50 & LTC04I, LTC04G, LTC06UI Florida    
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

(Legacy) Rate Adjustments Effective November 1, 2017 – GA, MS

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha and we intend to remain a key player in this market for years to come. In order to fulfill this commitment, we actively monitor emerging industry trends as well as our own experience so we can make the adjustments necessary that will allow us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective November 1, 2017: Block of Business Impacted States NHA, LTA, HCA, LT50 & NH50 Georgia, Mississippi     For a
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

GoldenCare Newsletter | August 14, 2017

In this GoldenCare Newsletter Edition From GoldenCare: See our full list of hot training topics and register for an event today! PROMO TIME!!   Get your Careshield, Mutual of Omaha Custom Solutions and GTL Critical Cash apps in for our Amazon.com Gift Card Blowout!  See the Newsletter for details on this exciting promotion. You can Double-Dip with Careshield this summer!  But hurry – time is almost up!  See the Newsletter to learn how you can earn a $250 summer bonus – PER CASE! Our Guest Article in this edition is “LTC worker shortage a ‘train wreck waiting to happen,’ expert says,” by
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), and Transamerica.