Upcoming Rate Adjustment Please review information on upcoming Rate Adjustments in AZ, CA, LA, MS, NM, OR, and UT. • In-Force Only Rate Adjustment – CA, OR, and MS • Plan N Rate Adjustment – CA • Standardized Rate Adjustment – AZ, CA, LA, MS, NM, and UT #goldencareagent #MutualOfOmaha
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“A Playbook For Managing Problems In The Last Chapter Of Your Life,” by Judith Graham, Kaiser Health News
“At least once a day, Dr. Lee Ann Lindquist gets an urgent phone call. ‘Mom fell and is in the hospital,’ a concerned middle-aged son might report. ‘Dad got lost with the car, and we need to stop him from driving,’ a distraught middle-aged daughter may explain. ‘We don’t know what to do.’ Lindquist, chief of geriatrics at Northwestern University’s Feinberg School of Medicine, wondered if people could become better prepared for such emergencies, and so she designed a research project to find out. The result is a unique website, http://www.planyourlifespan.org/, which helps older adults plan for predictable problems during
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Genworth Financial Announces Results of Special Stockholders’ Meeting
03/07/17 RICHMOND, Va., March 7, 2017 /PRNewswire/ — Genworth Financial, Inc. (NYSE: GNW) today announced that at its special meeting of stockholders held earlier today, stockholders adopted the previously announced merger agreement with China Oceanwide Holdings Group Co., Ltd. (“Oceanwide”), whereby Oceanwide will acquire Genworth through Asia Pacific Global Capital Co. Ltd., one of Oceanwide’s investment platforms. Approximately 96 percent of votes cast were voted in favor of the merger, which represents 71 percent of Genworth’s total outstanding shares of common stock as of the record date for the special meeting. As previously announced, Genworth and Oceanwide continue to expect
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Genworth, Industry News, and Long-Term Care.
“The House GOP Health Plan Would Be The Biggest Change For Seniors In A Half-Century,” by Howard Gleckman, Forbes
“House Republicans have proposed a major rewrite of the Affordable Care Act that would increase the cost of health insurance for older workers and profoundly change the Medicaid support system for the most vulnerable. It would be the biggest change in government assistance for long-term care since the creation of Medicaid a half century ago. . . . That means more older adults and younger people with disabilities will exhaust their assets on medical and long-term term care, and more will become eligible for Medicaid. However, because the federal contribution to Medicaid will shrink, those enrollees will receive less generous
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“Study: Caffeine may protect against dementia,” by Amy Wallace, UPI
“Researchers at Indiana University have found 24 compounds that can boost an enzyme in the brain that may protect against dementia. The enzyme, called NMNAT2, was discovered by a team of researchers at IU Bloomington in 2016. . . . The research revealed caffeine was one of the substances that increases production of NMNAT2. Caffeine also appears to improve memory function in mice genetically modified to produce high levels of misfolded tau proteins, which contribute to the development of dementia.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Hold the decaf, please. Study: Caffeine may protect
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Mutual of Omaha’s LTCi Case Managers
Every long-term care case that is submitted to Mutual of Omaha is assigned to a case manager. This person is charged with gathering all of the material necessary for an underwriter to make a decision. The case manager is responsible for making sure the application is in good order. They monitor the retrieval of medical records and the phone interview/face-to-fcae interview. They are your resource for cases that are in underwriting review. There have been some recent personnel changes within the case management teams that we want to bring to your attention. Ester Evans and Anita Jones are no longer
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Genworth Webinar: How Genworth LTC wins with Underwriting & Claims
Issue more policies, have a happier claims experience. Join the Genworth LTC team to hear more reasons on why your clients (and their potential care providers) will love your recommendation to purchase a Genworth LTC policy. Topic: How Genworth LTC wins with Underwriting & Claims Date: Thursday, March 23, 2017 Time: 1:00 PM – 1:30 PM Central Time Registration: https://attendee.gotowebinar.com/register/2789190900587261185 Simply register to get the dial-in number and reminder. #goldencareagent #genworth
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Genworth and Long-Term Care.
“OneAmerica bets big on long-term care market,” by Jared Council, Indianapolis Business Journal
“Fast-growing business lines are hard to come by in the insurance industry. Locally based OneAmerica Financial Partners Inc. has one on its hands, and it’s beefing up efforts to capitalize. The business line is long-term-care insurance, which covers day-to-day health care expenses for seniors who aren’t able to care for themselves. Demand for ‘stand-alone long-term-care insurance has been waning for years—partly because of higher prices—but demand for hybrid products, which OneAmerica specializes in, is on the upswing.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Congratulations to longtime Center corporate member OneAmerica. OneAmerica bets big on
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Medicare Supplement News – Omaha Family of Companies
In-force Only Rate Adjustment – PA Please note this Medicare supplement In-force Only Rate Adjustment on business underwritten by Omaha Insurance Company in Pennsylvania. #goldencareagent #MutualOfOmaha
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New Interview Status Report Available
The interview status report provides up-to-date status of both phone and face-to-face health interviews. It shows the type of request (phone or face-to-face), the status, as well as the dates and details of the activities on the request. Any activity we want to draw attention to will be highlighted in yellow. These highlighted entries will be followed up by an email from a Case Manager. If you have questions regarding the reports, a Frequently Asked Questions piece has been created that can answer your questions and help walk you through the process. View the FAQ piece here. New Interview Status
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