Union Security Rate Adjustment – Maryland

Medicare Supplement Rate Adjustment in Maryland The following rate adjustments are effective March 1, 2023 for new and in-force business in Maryland: Rate Adjustment State Plan A Plan F Plan G Plan N Maryland 14.0% 14.0% 14.0% 14.0%   Applications signed on or before February 28, 2023 will receive the current rates. Application signed on March 1, 2023, or later, will receive the new 3-1-23 rates. Applications re-dated on or after March 1, 2023 will receive the new 3-1-23 rates. Click to download the new Maryland Rate Sheet   Marketing Materials: For your convenience, click on the blue tab above
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Categories: Industry News, Medicare Supp./Adv., and Union Security.

GWIC’s CASH CLIMB Incentive

CASH CLIMB INCENTIVE Get rewarded for selling more first-day coverage and graded benefit plans Get your footing and start your climb with this limited-time opportunity to earn cash and prizes while selling Great Western Insurance Company (GWIC®) Final Expense products. With GWIC’s Cash Climb incentive, the more you sell, the higher you climb, and the bigger the reward. Incentive details From Jan. 1, 2023, through June 30, 2023, achieve a taken rate1 of 65% or higher with at least 40% of business issued as first-day coverage or graded benefit (Great Assurance® or Graded Benefit) policies. Earn cash and other prizes
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Categories: Great Western, Industry News, and Life Insurance.

GoldenCare Newsletter | January 23, 2023

Read Full GoldenCare Newsletter, January, 23, 2023 Edition In this GoldenCare Newsletter Edition From GoldenCare: SPECIAL: True Freedom Product & e-Enrollment Training Today’s insurance professionals are facing more declinations than ever before. We offer an innovative alternative that uses no medical underwriting, and is available in all 50 states: True Freedom Home Care Service Plans Plus, these membership plans can be written remotely using a simple electronic enrollment form! Join us for a demo to learn just how easy it is! Wed, Jan 25, 2023, 10:00 AM  to  10:45 AM CST Diversify your portfolio for greater sales success! Join us for
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), National Guardian Life, and Thrivent.

Tomorrow – You’re Invited! True Freedom Product & Electronic Enrollment Training

Today’s insurance professionals are facing more declinations than ever before. We offer an innovative alternative that uses no medical underwriting, and is available in all 50 states: True Freedom Home Care Service Plans Plus, these membership plans can be written remotely using a simple electronic enrollment form! Join us for a demo to learn just how easy it is! Register Now To Reserve Your Space! Click below to register: Wed, Jan 25, 2023, 10:00 AM  to  10:45 AM CST   Questions? Call the GoldenCare Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the latest announcements
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Categories: GoldenCare News, Industry News, Long-Term Care, and True Freedom.

Good News | Available From Thrivent: New Extended Care Conversation Guide

Thrivent’s New Extended Care Conversation Guide In the first part of the year, we are focusing on resources and tools to help advisors have proactive conversations about extended care planning. Today, we debut our new Extended Care Conversation Guide, filled with talking points and leading questions designed to engage your clients. Check out the Extended Care Conversation Guide here →     If you’re already appointed through GoldenCare, but are not yet taking advantage of all we have to offer, call your Regional Director at 800-842-7799!         #goldencareagent
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

“10 Things to Know About the Unwinding of the Medicaid Continuous Enrollment Provision”

“10 Things to Know About the Unwinding of the Medicaid Continuous Enrollment Provision,” by Jennifer Tolbert and Meghana Ammula, Kaiser Family Foundation Quote: “At the start of the pandemic, Congress enacted the Families First Coronavirus Response Act (FFCRA), which included a requirement that Medicaid programs keep people continuously enrolled through the end of the month in which the COVID-19 public health emergency (PHE) ends, in exchange for enhanced federal funding. Primarily due to the continuous enrollment provision, Medicaid enrollment has grown substantially compared to before the pandemic and the uninsured rate has dropped. But, when the continuous enrollment provision ends, millions of people could
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Categories: Clippings and Industry News.

“Impact of Secure Act and Long-Term Care Insurance Provisions Discussed”

“Impact of Secure Act and Long-Term Care Insurance Provisions Discussed,” by Jesse Slome, PR.com Quote: “The SECURE Act 2.0 was signed into law on December 29, 2022. According to the American Association for Long-Term Care Insurance one provision contained within the new measure benefits those considering the purchase of LTC insurance. ‘Any legislative action designed to make long-term care insurance more attractive to consumers is welcome news,’ states Jesse Slome, AALTCI director. ‘However, the latest Act will likely result in nominal if any growth of policy sales.’”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Another baby step.    
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Categories: Clippings and Industry News.

“Millions of Medicaid beneficiaries may lose coverage as disenrollments resume in April”

“Millions of Medicaid beneficiaries may lose coverage as disenrollments resume in April,”  healthinsurance.org Quote: “For the first time in nearly three years, states will resume Medicaid eligibility redeterminations and disenrollments, a move expected to result in up to 15 million people losing Medicaid and Children’s Health Insurance (CHIP) coverage. Healthinsurance.org is providing key information about this policy change, including steps consumers can take to stay insured.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Millions losing Medicaid is big news in every state. But no one who is and has been eligible for the program will lose eligibility. Only people who are and have
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Categories: Clippings and Industry News.

“Older adults’ housing wealth hits new record at $11.81 trillion,” by Kathleen Steele Galvin”

“Older adults’ housing wealth hits new record at $11.81 trillion,” by Kathleen Steele Galvin, McKnight’s Senior Living Quote: “Homeowners aged 62 or more years saw their collective housing wealth grow by 1.95%, or $226 billion, in the third quarter of 2022, according to the latest quarterly data from the Reverse Mortgage Market Index / RiskSpan Reverse Mortgage Market Index. At $11.81 trillion, the NRMLA/RiskSpan Reverse Mortgage Market Index has reached an all-time high since the index was first was published in 2000. Previously, the McKnight’s Business Daily reported that seniors increased their home equity by the first quarter of 2022 by 4.9%, to a record $11.12 trillion, from
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Categories: Clippings and Industry News.

“Can My Mom Pay Me Rent If She Will Be Applying for Medicaid?”

“Can My Mom Pay Me Rent If She Will Be Applying for Medicaid?,” ElderLawAnswers Quote: “Q: My mother lives with me. Can she pay me rent and have it not count against her in the five-year Medicaid lookback period? Her monthly income is below poverty level, but she does have savings. A: Yes, she can pay fair market rent, as well as for her share of costs for food and utilities. This should be done under a written agreement so there’s no confusion about the purpose of the payments or her obligation to pay. Again, the payments should reflect the
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Categories: Clippings and Industry News.