“Alzheimer’s Falls More Heavily on Women than on Men,” by Heather M. Snyder, Scientific American

“Alzheimer’s dementia disproportionately affects women in a variety of ways. Compared with men, 2.5 times as many women as men provide 24-hour care for an affected relative. Nearly 19 percent of these wives, sisters and daughters have had to quit work to do so. In addition, women make up nearly two-thirds of the more than 5 million Americans living with Alzheimer’s today. According to the Alzheimer’s Association 2016 Alzheimer’s Disease Facts and Figures, an estimated 3.3 million women aged 65 and older in the United States have the disease. To put that number in perspective, a woman in her sixties
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Categories: Industry News and Long-Term Care.

UPDATE: 2017 Partnership Minimum Benefit Requirements for CA, CT, IN and NY

Each year, the original Partnership states (CA, CT, IN and NY) revisit and adjust minimum benefit requirements to qualify for their Partnership programs. The following information outlines the changes for 2017. California The minimum benefit requirements for Partnership in California will change for 2017. The table below illustrates the changes: Requirements 2016 2017 Minimum Daily Benefit $190 $210 Minimum Monthly Benefit $5,890 $6,510   Transition Rules Policy Issue CT and NY Partnership minimum requirements are based on the date of application. Indiana Partnership minimum requirements are based on the policy effective date. Applicants who choose the Conditional Insurance Agreement, provide
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Categories: Genworth and Long-Term Care.

Downloading and Completing Interactive Forms

As you may know, many of our online forms have been set up to be completed electronically in an effort to make them easier to fill out. For the greatest success in electronically completing forms, please follow the steps listed below: Download the forms directly from the Forms Portal. (It is always wise to double check the Forms Portal to ensure you have the most current forms each time you use them.) Save the form to your desktop before completing any of the fields. Re-open the saved form from your desktop and complete the required interactive fields. Save and print
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Categories: Life Insurance and Sentinel Security Life.

A.M. Best Reaffirms Mutual of Omaha’s Financial Rating

December 23, 2016 A.M. Best has affirmed Mutual of Omaha’s A+ (Superior) rating with a stable ratings outlook. The A+ rating is the second highest of 16 ratings issued by A.M. Best, which assesses overall financial strength and ability to meet ongoing obligations to policyholders. “The rating affirmations reflect Mutual of Omaha’s favorable reputation in its core Medicare supplement insurance market, as well as the company’s growing presence in its Group Benefits segment, its diversified distribution platforms and the organization’s strong risk-adjusted capitalization,” A.M. Best said in a press release announcing the rating, “A.M. Best believes that the company’s product
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Categories: Industry News and Mutual of Omaha (& Affiliates).

“MedPAC: Medicare Advantage Payments Now Equal to Medicare Fee-for-Service,” by Tom Kornfield and Greg Berger, AHIP

“Medicare Advantage (MA) is improving quality for seniors. And while quality goes up, costs continue to go down for taxpayers. This was further demonstrated last week, when the Medicare Payment Advisory Commission (MedPAC) announced average payments to MA plans are now equivalent to fee-for-service (also called ‘traditional’) Medicare costs.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): This column is from an AHIP-sponsored blog.   MedPAC: Medicare Advantage Payments Now Equal to Medicare Fee-for-Service #goldencareagent
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Categories: Industry News and Medicare Supp./Adv..

EssentialLTC Partnership Approved States for January 2017

National Guardian Life Insurance Company (NGL) is pleased to announce that additional states have approved their new long-term care insurance plan, EssentialLTC, for Partnership! As of January 3rd, 2017, EssentialLTC will become a Partnership-approved plan in the state of Arizona, and North Dakota will launch the product as a Partnership plan January 29th. Watch for additional announcements as more states approve the new EssentialLTC product for Partnership. #goldencareagent #NGL
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Categories: Long-Term Care and National Guardian Life.

EssentialLTC – Did You Know?

Did you know that EssentialLTC  offers additional riders that make the product mimic all the benefits of a combo product, but provides better long term care benefits and lower premiums? It’s also one of the few products on the market to offer: • Lifetime Benefits • Single Pay • 10 Pay • Competitive Rates • Special Joint Pricing • Inflation Protection • Return of Premium • Surrender Values • Executive Carve Out • 1035 Capable   #goldencareagent #NGL
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Categories: Long-Term Care and National Guardian Life.

Good News | Rewards Double Point January

We’re Starting The New Year Off With A BANG! Celebrating the addition of CareShield, for the month of January earn DOUBLE the GoldenCare Reward Points on each approved applicant for select products! • 800 Points for each approved CareShield Applicant • 800 Points for each approved Custom Solution Applicant Click Here for full details Read Full Good News Article
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Categories: GoldenCare News and Mutual of Omaha (& Affiliates).