Good News! Pricing for GoldenCare USA’s Discounted E & O Now Available

Good News!   Plus, earn yourself a better discount on next year’s enrollment! Here’s how: Enroll in GoldenCare USA’s 2016/2017 Errors & Omissions Program Submit any of the following: (written & issued between 4/1/2016 and 4/1/2017), • 3 Mutual of Omaha LTCi Applications • 3 GTL Critical Cash/Critical Care Applications, or • 5 Omaha Medicare Supplement Applications and Receive a Renewal Discount on Next Year’s (2017/2018) Enrollment! For more information, call 800-842-7799 and speak with your Regional Director. Read Full Good News Article #goldencareagent
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Categories: GoldenCare News and Long-Term Care.

“Watch Out, Boomers, Here Comes 70,” by Lewis Braham, Bloomberg BusinessWeek

“About 75 million baby boomers began turning 70 this year. If you’re among them, there are critical decisions to make about your retirement accounts and finances in general.  Why is 70 the magic number? U.S. tax law stipulates that you must take your first required minimum distribution (RMD) from your individual retirement account and 401(k) accounts in the year you turn 70½ (or up to April 1 of the following year) and pay income taxes on it.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Seventy is older than average for buying LTCI, but with a
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Categories: Industry News and Long-Term Care.

“AirLTC: Can you play that game?,” by Allison Bell, LifeHealthPRO

“Back in October, Society of Actuaries held a Long-Term Care Think Tank workshop near Chicago. …  The goal was to come up with original, potentially practical ideas for improving the quality of long-term care (LTC) services, increasing the supply and, if possible, doing a better job of paying for services. Maddock Douglas consultants recently posted a report based on the workshop brainstorming.  The two top ideas in the paying for care, or “pay-fors,” category were creating a ‘flex 401(k)’ that could be used to pay for LTC services and a family LTC account. In the category of service evolution and
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Categories: Industry News and Long-Term Care.

NEW Priority Income Protection to Launch March 28

We are excited to announce the newest Disability Product that will be available on March 28, 2016 in select states. Priority Income Protection℠ is a simple, quick issue policy for your middle income clients that are looking for affordable, basic income protection. And another plus – it’s available to any occupation. Access an online quote and simple electronic application through Sales Professional Access. The quote tool will offer three options for your client to choose their premium. You will then be able to fill out the quick e-App in just minutes. Advantages of Priority Income Protection℠ Simple product – Easy
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Categories: Disability Income Insurance and Mutual of Omaha (& Affiliates).

Medicare Supplement News – Omaha Family of Companies

Updated Mix of Business Bonus We’re making some updates to our Mix of Business Bonus in April. Find out how you can earn a cash payout when your percentage of underwritten business meets a target level. Upcoming Rate Adjustments Rate adjustments on Modernized new and in-force in California; and 1990 Standardized in Arizona, New Mexico, and Mississippi.       • 2010 Modernized (New and In-force)– California       • 1990 Standardized– Arizona, New Mexico and Mississippi #goldencareagent
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Categories: Medicare Supp./Adv. and Mutual of Omaha (& Affiliates).

April Telephone Solicitation Bans

Please be aware of the following US holiday telephone solicitation bans for the month of April. On Monday, April 25, 2016: Alabama and Mississippi prohibit unsolicited marketing calls to residents in observance of Confederate Memorial Day April Telephone Solicitation Bans #goldencareagent #MutualOfOmaha
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Categories: Mutual of Omaha (& Affiliates).

New Payment Option for MutualCare® Solutions

Beginning April 1, 2016 the MutualCare® Solutions electronic and paper application will be updated to include the new enhancement of the Automatic Bank Account Withdrawal option. This option will automatically draft the initial premium from your client’s bank account within three days of receipt of their application. The new option, along with the current processes, will be in section K of the updated application: How it works Process WITHOUT shortage at issue Process WITH shortage at issue For Premium Shortage Only If there is a premium shortage due at issue, a notification letter will be sent to the policyholder If
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Categories: Long-Term Care and Mutual of Omaha (& Affiliates).

GTLink Now Has Policy Lapse Notices

Get Your Correspondence on GTLink GTL is in the process of completely revamping our GTLink to allow you to do more and see more of what is important to you. Now, you don’t have to wait for the mail or worry about lost correspondence. The first change is creating a “mailbox” for agents. Beginning Monday, March 28th, you will find any Policy Lapse Notices in your agent mailbox. If you normally receive policy lapse notices in the mail, you will now be receiving them on GTLink. Please note: this will replace the current paper copy. You’ll also receive an email
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Categories: Guarantee Trust Life.

“Europe Bets on Robots to Help Care for Seniors,” by Nick Leiber, Bloomberg BusinessWeek

“As part of a plan to strengthen the region’s robotics industry, the European Commission is investing tens of millions of euros annually in technology to help the elderly. The projects may not be as sensational as Toshiba’s android, ChihiraAico, which resembles a Japanese woman, or Honda’s humanoid assistant, Asimo, but the results are on ‘the same level or even more advanced,’ says Uwe Haass, a former secretary-general of EuRobotics, a nonprofit advocacy group in Brussels that works with the commission.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): We’re hearing more and more about robots for
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Categories: Industry News and Long-Term Care.

“The high cost of seniors’ soaring Rx drug use,” by Steve Vernon, CBS News

“A recent study found that almost half (47 percent) of Americans age 75 and older took five or more prescription drugs in 2011, nearly double the 24 percent that did so in 1999, just 12 years earlier. The comparable percentage for Americans 65 to 74 also increased significantly — from 23 percent in 1999 to 33 percent in 2011.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): This bodes ill for current and future LTC costs. The high cost of seniors’ soaring Rx drug use #goldencareagent
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Categories: Industry News and Long-Term Care.