“Baby Boomers Look to Senior Concierge Services to Raise Income,” by Liz Moyer, New York Times

“Elder concierge, as the industry is known, is a way for the semi- and fully retired to continue to work, and, from a business standpoint, the opportunities look as if they will keep growing. Around 10,000 people turn 65 every day in the United States, and by 2030, there will be 72 million people over 65 nationwide. Some 43 million people already provide care to family members — either their own parents or children — according to AARP, and half of them are “sandwich generation” women, ages 40 to 60. All told, they contribute an estimated $470 billion a year
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Categories: Industry News and Long-Term Care.

Kemper Senior Solutions welcomes Charles Steele

Charles Steele to lead Reserve National as President Charles Steele joined Kemper on Monday, May 8, 2017 as President of Reserve National, reporting to Mark Green, Kemper’s Life & Health Division President. Charles will leverage his track record of delivering profitable growth in life and health insurance as he leads all of Reserve National’s businesses including Kemper Senior Solutions. Charles is based in our Oklahoma City office and will be working closely with Kemp Cole and Ray Gordon as we continue to grow and support our Kemper Senior Solutions marketing partners. Charles has extensive experience managing a business as well
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Categories: Industry News, Kemper, Life Insurance, and Short-Term Care.

Life and Annuity Form Change in Missouri

Effective May 30, 2017, the life and annuity replacement form will be updated in Missouri. The national replacement form, L6232_0513, will replace the previous Missouri state-specific form, L4160_0803. Life and annuity application packets will be updated on May 30, 2017. Life and Annuity Form Change in Missouri #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Holiday Telephone Solicitation Bans for the Month of June 2017

Please be aware of the following holiday telephone solicitation bans for the month of June. On Saturday, June 3, 2017: Louisiana prohibits unsolicited marketing calls to residents in observance of Confederate Memorial Day On Monday, June 5, 2017: Alabama prohibits unsolicited marketing calls to residents in observance of Jefferson Davis Day Holiday Telephone Solicitation Bans for the Month of June 2017 #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).

“More older people in America are embracing a new relationship style called ‘living apart together’,” by Sheena Rice, Next Avenue

“Since 1990, the divorce rate among adults 50 years and older has doubled. This trend, along with longer life expectancy, has resulted in many adults forming new partnerships later in life. A new phenomenon called ‘Living Apart Together’ (LAT) — an intimate relationship without a shared residence — is gaining popularity as an alternative form of commitment among both older and younger adults.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): “Friends with benefits” for the older set, but not likely to be much help with long-term caregiving. More older people in America are embracing a
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Categories: Industry News and Long-Term Care.

Millennials, don’t forget estate planning

It’s not a surprise that people in their 20s and 30s wouldn’t have estate planning at the top of their mind. After all, the creation of legal documents such as living wills, last wills and testaments, powers of attorney for medical and financial well-being, and potential trusts is a foreign concept to many people, especially those who aren’t married or don’t have children. Many people assume you don’t need to work on those plans until your 50s or 60s. That’s a big mistake. The reality is that everyone needs to be thinking about estate planning. Here is why millennials should
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Categories: Long-Term Care and National Guardian Life.

Transamerica Holiday Closure May 29

The Transamerica Long Term Care administrative office in Plano, TX will be closed Monday, May 29, 2017, to mirror hours of the New York Stock Exchange. Please allow additional time if necessary to order and receive materials during that time. Much of the important materials and resources you may need will be continue to be available on our Agent Resource Center. Transamerica Holiday Closure May 29 #goldencareagent #transamerica
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Categories: Industry News and Transamerica.

“Seniors’ use of technology is growing, survey finds,” by Lois A. Bowers, McKnight’s Senior Living

“The most common technology used by survey participants older than 70 was a cell phone, although the percentage of users dropped when they were asked whether they used a smartphone. Ninety-three percent of those 70 to 74 reported owning a cell phone, whereas 49% said they had a smartphone. Similarly, 63% of those aged 75 to 79 said they own a cell phone, whereas 31% had a smartphone. And 58% of those aged 80 or more years reported owning a cell phone, whereas 17% said they had a smartphone. The next most frequently used technology was the internet, with 75%
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Categories: Industry News and Long-Term Care.

“Home Health vs. Seniors Housing,” The SeniorCare Investor Dealmakers Forum

“There has been a tremendous push for home health-based supports and services for the elderly, including allocating state and federal funds to allow more elderly to remain in their homes rather than moving to a more institutional setting. How will it impact the value and demand for seniors housing and care settings? . . . The topics discussed include what the true cost of home health is relative to the all-in cost of an assisted living community, how technology will change the future of these markets, and if assisted living providers are pursuing the home health business to complement their
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Categories: Industry News and Long-Term Care.