“Legal Ease: Medicaid Asset Protection Planning — what is it?”

“Legal Ease: Medicaid Asset Protection Planning — what is it?,” by Rebecca A. Hobbes, The Times Herald Quote: “In order to avoid having a Medicaid penalty, it is important to first understand the Medicaid rules and know what transfers will interfere with your eligibility. It is also important to make sure that you engage in Medicaid asset protection planning in advance of when you will actually need long-term care. A good age to begin planning is around age 65, although everyone’s situation is different. … Speaking with an elder law attorney can help you and your loved ones explore options
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Categories: Clippings and Industry News.

“Elder Care: Nursing homes, Medicaid and the middle class”

“Elder Care: Nursing homes, Medicaid and the middle class,” by Karen Kaslow, The Sentinel Quote: “The basic understanding is true that in order to receive Medicaid, an individual is only permitted to own a minimal amount of assets. However, the government also makes it possible for middle class families to qualify for this benefit. … Various tools and strategies are available to help protect assets from the cost of long-term care and create eligibility for Medicaid. The timing of an individual’s planning, as well as the situation and their specific goals, will influence the type of strategy which should be
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Categories: Clippings and Industry News.

Utilize MyEnroller 4.0 for quick and easy business

Utilize MyEnrollerSM 4.0 for quick and easy business With Great Western Insurance Company’s (GWIC®) online-only MyEnroller 4.0, you can offer your clients three plans on one application with access to instant-decisioning underwriting. MyEnroller 4.0 also provides signature options — including voice authorization signature for telephonic sales — so you can write GWIC’s plans easily and quickly. GWIC’s plans include: The Great Assurance® plan is an immediate benefit, first-day coverage plan for those in good health. It has two riders — an Accelerated Death benefit (included at no extra cost) and an Accidental Death benefit (optional). The Graded Benefit plan is
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Categories: Great Western, Industry News, and Life Insurance.

GoldenCare Newsletter | October 10, 2022

Read Full GoldenCare Newsletter, October 10, 2022 Edition In this GoldenCare Newsletter Edition From GoldenCare:   LTCi Pro Sales Strategies Webinar with Harry Crosby Tues, Oct 11, 2022 10:00 AM  to  10:45 AM CDT   Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on the latest products and sales strategies.   We’re making it easier than ever to get a hold of us and have your favorite tools available at your fingertips! Click here to DOWNLOAD our electronic business card, and enter to win a $100 Amazon.com Gift Card!
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), Thrivent, and True Freedom.

TODAY! | Harry Crosby LTC Pro Sales Strategies

Special Event! Struggling to initiate the LTC conversation with clients? Having difficulty closing a sale and getting an application taken? Join us for an exclusive training session with Harry Crosby, a recognized leader having set national production records in 1995 based solely on the sales of ONE carrier’s LTCi policy. Harry is still hugely successful in today’s market. With 30 years of experience, this specialist will share some of his tried-and-true strategies and sales tips!     Register now to reserve your space! Tuesday, October 11th, 10 Central           Questions or help registering? Call the GoldenCare
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

“As seniors’ presence in nursing homes drops, young people with disabilities stuck with few alternatives: study”

“As seniors’ presence in nursing homes drops, young people with disabilities stuck with few alternatives: study,” by Kimberly Marselas, McKnight’s LTC News Quote: “Younger nursing home residents, despite dramatically different needs than their older counterparts, have been overlooked by existing efforts to deinstitutionalize care, according to a study published in Health Affairs Monday. … And while SNF use among seniors had fallen in almost all states between 2013 and 2019 due to policy shifts that favor in-home care, the number of younger residents in facilities remained stagnant and even grew in some places. … The long-term trend of declining nursing home use among
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Categories: Clippings and Industry News.

“Pick Up the Phone: Older Clients Want to Hear From You”

“Pick Up the Phone: Older Clients Want to Hear From You,” by Allison Bell, ThinkAdvisor Quote: Your older clients might be less interested in meeting you face-to-face than they were before the COVID-19 pandemic started, but they might be more interested in talking to you on the telephone. Dr. Afik Gal, a co-founder of Assured Allies, a Boston-based long-term care insurance claim prevention company, talked about older Americans’ communication preferences in an email interview.”     LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Click through for details from Dr. Afik Gal of Center-Corporate-Member Assured Allies.      
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Categories: Clippings and Industry News.

“Exercise caution with zero-premium Medicare Advantage plans”

“Exercise caution with zero-premium Medicare Advantage plans,” by Tom Murphy, AP News Quote: “Health insurers will flood the Medicare Advantage market again this fall with enticing offers for plans that have no monthly price tag. The number of so-called zero-premium plans has been growing for years, and they can appeal to retirees who live on fixed incomes. Experts say shoppers should exercise caution, because they might find better coverage at a relatively small monthly cost.”     LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: If it sounds too good to be true, well …    
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Categories: Clippings and Industry News.

Introducing GTL’s New Text-to-Sign functionality

Introducing GTL’s New Text-to-Sign! Save time and bypass the Voice Verification Call! This new functionality is available on the Agent Portal only. Visit the Agent Portal     Here’s how easy it is to use the new Text-to-Sign functionality: When you reach the Client e-Signature page you will have two options.   Select Text-to-Sign and enter your client’s cell phone number and click the Send Link button.   Your client will receive a text message with a secure link to sign their application.   Your client will sign inside the window and then tap Submit. A second signature can be
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Categories: Guarantee Trust Life, Hospital Indemnity Plan, and Industry News.