Omaha’s Dental Insurance Now Available On The Mobile Quote App!

Mutual of Omaha’s mobile quote app is available on all Android and Apple devices and allows you to customize the view to the products that you sell. Now featured on the app are Omaha’s two new dental policies, Mutual Dental Preferred      Requires iOS7 or Android 4.0 and up. Working online from a desktop computer? Get a quote online here. For producer use only.   #goldencareagent #mutualofomaha >   Related: Mutual of Omaha: Dental Release Mutual of Omaha: Dental Insurance Product Release Dental Mobile Quote App Issue
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Categories: Dental, Industry News, and Mutual of Omaha (& Affiliates).

Omaha Thanksgiving Office Closing

Mutual of Omaha and its affiliates (United of Omaha, Companion Life Insurance Company, and United World) will be closed on Thursday, Nov. 23, and Friday, Nov. 24, 2017, for the Thanksgiving holiday.   Thanksgiving Office Closing #goldencareagent #mutualofomaha #thanksgiving
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

“We’re so unprepared for finding an Alzheimer’s treatment”

“We’re so unprepared for finding an Alzheimer’s treatment,” by Carolyn Y. Johnson, The Washington Post “The U.S. health-care system is unprepared to cope with the Alzheimer’s crisis — even if there were a treatment in the near future, according to a new study. If there were a treatment for Alzheimer’s in 2020, the study found that people would have to wait a year and a half for access because of a shortage of specialists and equipment to diagnose and treat the disease. An estimated 2.1 million people could develop dementia while waiting for treatment over the next two decades, researchers
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Categories: Industry News and Long-Term Care.

“Where Is The ‘Assistance’ In Assisted Living?”

“Where Is The ‘Assistance’ In Assisted Living?,” by Anne Tumlinson, Forbes “Assisted living facilities evolved to offer consumers an alternative to nursing homes — to provide a safer version of home that prioritizes hospitality, comfort and independence over the constant supervision and medical care of a 24-hour nursing facility. But the problem is that the traditional assisted living model isn’t keeping up with the increasingly complex medical needs of our older adult population. Our parents are living longer with conditions that require a lot of medicine, doctors and too-frequent trips to the emergency room. And we, the adult children, find
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Categories: Industry News and Long-Term Care.

“Bill Gates makes $100 million personal investment to fight Alzheimer’s”

“Bill Gates makes $100 million personal investment to fight Alzheimer’s,” by Kate Kelland, Reuters “Billionaire Microsoft co-founder Bill Gates is to invest $50 million in the Dementia Discovery Fund, a venture capital fund that brings together industry and government to seek treatments for the brain-wasting disease. The investment – a personal one and not part of Gates’ philanthropic Bill & Melinda Gates Foundation – will be followed by another $50 million in start-up ventures working in Alzheimer’s research, Gates said.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Bill Gates pursued self-interest, created thousands of jobs,
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Categories: Industry News and Long-Term Care.

“How to Reduce Dementia’s Tragic Toll on Families”

“How to Reduce Dementia’s Tragic Toll on Families,” by Marc Agronin, Wall Street Journal “When a family member suffers from dementia, we tend to view it as an individual tragedy. But too often this wrecking ball of a disease takes a toll on the entire family. . . . The tragedy here is that it doesn’t have to be this way. If families understand the perils, they can navigate them without imploding. . . . The key is for families to understand that core emotional need and to realize that a win-win approach is possible, resulting in relationships that are
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Categories: Industry News and Long-Term Care.

“The Surprising Benefits and Costs of Family Caregiving”

“The Surprising Benefits and Costs of Family Caregiving,” by Maddy Dychtwald, Wall Street Journal “Already, 40 million Americans are providing care to an adult family member or friend, most often to an aging parent or spouse. As the massive baby-boomer generation hits their 70s, the demand for family caregiving will skyrocket—and it’s poised to become America’s biggest off-the-books industry. In order to better understand the caregiving crunch, my firm, Age Wave, in partnership with Merrill Lynch, just completed a study, The Journey of Caregiving: Honor, Responsibility and Financial Complexity, that uncovers the rewards and sacrifices of this complex lifestage.” LTC Comment
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Categories: Industry News and Long-Term Care.

“Should you use a reverse mortgage in retirement?”

“Should you use a reverse mortgage in retirement?,” by Peter Rueth, MarketWatch A major component of wealth and retirement planning often overlooked or ignored, is home equity. Based on U.S. Census Bureau figures, collected in 2011 and dated 2013 the average married couple entering retirement will have a net worth of $194,226. However, when home equity is removed net worth drops to just $43,921. With 77% of a retiree’s net worth locked in home equity it’s astonishing why so many financial planners ignore home equity when creating retirement plans. There is currently over $6.3 trillion in senior housing wealth and
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Categories: Industry News and Long-Term Care.

Aetna: 2018 Individual Medicare administrative fee payments

2018 Individual Medicare administrative fee payments Administrative fee payments are currently being processed and paid for Individual Medicare enrollments (MA/MAPD, PDP) effective January 2018 that were submitted during the Annual Election Period (AEP). To be eligible to receive administrative fee payments, all writing agents, uplines, payees and principals must be “ready to sell.” To eliminate or minimize chargebacks in January, we process administrative fee payments as follows: Initially, you’ll receive a partial payment, at the renewal rate, for all enrollments. Next, if CMS confirms that enrollments qualify as “initial sales” (i.e., if enrollees are “new to Aetna” or “new to
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Categories: Aetna, Industry News, and Medicare Supp./Adv..

Reminder: Genworth Simplifies Underwriting Categories for Individual Long Term Care New Business

Last year, we simplified our underwriting process. We stopped automatic blood and lab requirements for applicants under age 60 and reduced other requirements at various ages. This year, we launched our eSuite of new business tools which provides a whole new level of speed, simplicity and convenience. On November 20, 2017, to further simplify an streamline our new business process, we are reducing our four underwriting categories to two, select and Standard, with no rate changes in these categories. We will no longer offer the Preferred Best and Preferred categories on applications received at Genworth’s home office on or after
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Categories: Genworth, Industry News, and Long-Term Care.