“5 Trump group long-term care insurance plan facts,” by Allison Bell, LifeHealthPRO

“Donald Trump’s father, Fred Trump, died from pneumonia in 1999, after suffering from Alzheimer’s disease for six years.  The president-elect’s family history could have something to do with the benefits that his New York City-based Trump Payroll Corp. has offered, and his company’s benefits menu could shape how he thinks of insurance, retirement program and employee benefits once he’s in office.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Interesting tidbits re Trump and LTCI. 5 Trump group long-term care insurance plan facts #goldencareagent
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Categories: Industry News and Long-Term Care.

“They’re Growing Older. Their Mortgage Debt Is Growing Deeper.,” by Paula Span, New York Times

“More than three-quarters of Americans over 65 remain homeowners despite housing market gyrations. Those houses usually represent their greatest single asset.  But often there’s little equity left, even as prices have largely recovered, because so many older homeowners have borrowed against their homes.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Rising mortgage debt among retirees is an alarming trend.  Blame the Fed for pushing interest rates so low that elders have to tap home equity to replace lost investment income.  Long-term consequences are serious because home equity will be needed as a fall-back when Medicaid
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Categories: Industry News and Long-Term Care.

“Health savings accounts are a crown jewel of ‘Trump Care’,” by Emma Court, MarketWatch

“At the focal point of President-elect Donald Trump’s plan to replace the Affordable Care Act is a more than decade-old and widely available feature of the U.S. health-care system that, despite its prevalence, has a track record of being underused and misunderstood.  Expanding health savings accounts — which are tax-exempt and used to pay for medical expenses — stands out as one of few details in the president-elect’s bare-bones plan to replace the Affordable Care Act. HSAs have been a hallmark of many Republican health plans because, the argument goes, they make patients more responsible for how they spend medical
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Categories: Industry News and Long-Term Care.

Winners of 2016 eHealthcare Leadership Awards

CareOptions just received the top award for “Best Healthcare Content” from eHealthcare! Some 230 healthcare organizations, representing a broad industry spectrum, received recognition for their outstanding websites and digital communications at a special presentation in Las Vegas on November 9 during the Twentieth Annual Healthcare Internet Conference. A total of 116 professionals with healthcare and the Internet backgrounds judged the entries. BEST HEALTHCARE CONTENT Gold- NavGate Technologies, WI. CareOptions Gold- Hazelden Betty Ford Foundation, MN. Agency: Hazelden Publishing Silver- HealthCare Interactive and Alzheimer’s Association, MN. Dementia Basics Online Training Program Silver- Beacon Health Options, VA. Silver- Centers for Medicare &
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Categories: GoldenCare News and Industry News.

LTCi Industry Updates: 2016 Year-End Grand Finale!

 Ring In 2017 With Our End-Of-Year Grand Finale! Seats Are Now Available, But They’re Already Going Fast! Reserve Yours Today! Register Now To Attend Our Presentation Reviewing The LTCi Market In 2016! (Click on the date/time below to register) Wed, Dec 28, 2016 10:00 AM  to  10:30 AM CST Thurs, Dec 29, 2016 2:00 PM  to  2:30 PM CST This Is Something You DON’T Want To Miss! To Kick Off The New Year: All attendees will be provided with a complimentary Digital Marketing Package, which includes: • 10 “ready-to-use” infographics •  short, consumer-oriented sales videos •  perfectly adaptable sales scripts
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Categories: GoldenCare News, Industry News, and Long-Term Care.

Rate Adjustments Effective Feb. 1, 2017

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 February 1, 2017: Block of Business Impacted States LTC04G Alaska, District of Columbia, Hawaii, Massachusetts, New Jersey, Pennsylvania, South Carolina,
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Categories: Long-Term Care and Mutual of Omaha (& Affiliates).

Protection for life’s journey

November is Long-Term Care Awareness Month Approximately 92 percent of mature adults have at least one chronic disease,1 and 70 percent of people over age 65 can expect to use some form of long-term care in their lives.2 In spite of these statistics, it’s estimated that fewer than 10 percent of those who qualify for and can afford long-term care coverage actually own it.3 This November, protect your mature clients on life’s journey. Our Accelerated Death Benefit for Chronic Illness Agreement and CareShield™ Universal Life Insurance (CareShield) are two ways you can do just that.   1   National Council
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Categories: Linked Benefit/Hybrids and Minnesota Life.

Good News | Omaha Announces Their Continued Commitment To The Market

Amidst Industry Unrest, Omaha Announces Their Continued Commitment To The Market In the wake of John Hancock’s announcement about exiting the Individual LTCi market, many agents are left feeling uneasy. Especially considering LifeSecure’s exit was mere weeks ago. Mutual of Omaha just made an announcement reiterating their commitment to the long-term care insurance market. Click Here to read Mutual of Omaha’s announcement. With this line of business being so incredibly important…   Continued… Read Full Good News Announcement
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Categories: GoldenCare News, Industry News, John Hancock, Life Secure, Long-Term Care, and Mutual of Omaha (& Affiliates).