“Aging, the longevity economy and what it means to you”

“Aging, the longevity economy and what it means to you,” by Robert Powell, USA Today “Joe Coughlin, the director of the MIT Age Lab, wants to help companies unlock the world’s fastest-growing, most misunderstood market — aging Boomers. In his new book, The Longevity Economy, describes how companies can prepare for the guaranteed — an aging world. Below he answered our questions about his book and an $8 trillion market.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Some new ideas on adapting commercially to the age wave. Aging, the longevity economy and what it means
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Categories: Industry News and Long-Term Care.

LTC Inflation Protection Buy-Up Option

Your clients want to know the LTCi policy they purchase today will be enough to help pay for services they may need in the future. The Mutual Care Custom Solution policy includes an inflation protection buy-up option that allows clients to increase their inflation protection percentage once a year. This important feature also gives them the option to decrease their inflation percentage at any time. And any gains previously applied to the policy are theirs to keep. Offering a benefit with flexibility to meet your clients changing needs could be the competitive advantage you need to increase sales. For more
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Good News | GTL’s Hospital Indemnity Plan Can Increase Your Sales During AEP

  See How GTL’s Advantage Plus Stands Above The Rest! Are you overlooking potential sales this AEP? GTL’s Advantage Plus Hospital Indemnity Insurance can help fill coverage gaps and minimize your clients’ out-of-pocket costs. Plus, you can easily increase your 2017 production! Need resources to help explain Advantage Plus to your clients? Show them our consumer-facing product video and infographic!   Read Full Good News Article #medicare #advantageplus #goldencareagent
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, and Medicare Supp./Adv..

SPECIAL: Are you struggling to generate high-quality insurance leads? (copy)

Back By Popular Demand: “Generating Leads” Live Training 11/29 Are you struggling to generate high-quality insurance leads? Join us for a live training session on the best-practices for generating the highest-quality, targeted leads! Guest Speaker, Marva Shannon, will be coming on from TargetLeads® – a premiere lead and list provider with over 29 years of experience. Make the most of your time and effort. Close more sales with better leads. Register now for this exciting webinar! Click below to register: Wed, Nov 29, 2017 10:00 AM  to  11:00 AM CST Read Full Invitation #goldencareagent #leads #insurance
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Categories: GoldenCare News.

“State’s long-term care savings plan winding down”

“State’s long-term care savings plan winding down,” by Don Walton, Scottsbluff Star Herald “Nebraska’s first-of-its kind long-term care savings plan, which was created by the Legislature in 2006, will come to an end on Jan. 1 due to a low level of participation. . . . Participants could deduct up to $1,000 from their federally adjusted gross income for Nebraska state income tax purposes by depositing an equal amount in a designated account. The program had 519 participants at the end of last year. . . . ‘The worthy goal was to reduce older Nebraskans’ dependency on Medicaid and promote personal
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Categories: Industry News and Long-Term Care.

“Q&A Column”

“Q&A Column,” Orlando Sentinel “Q: I have a relative in a nursing home paying $73,000 per year. Her roommate is on Medicaid, gets the same level of care, and pays only the value of her Social Security. Is there a financial plan that shields savings in the event this situation occurs? — M.P., Winter Springs A: Yes, long-term care insurance is designed to pay the cost of home health care, assisted-living and convalescent care expenses. Long-term care insurance is expensive. The time to consider it is well before the need for it arises. — Larry Breen” LTC Comment (from Stephen
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Categories: Industry News.

“Older Americans want to work — so why aren’t they?”

“Older Americans want to work — so why aren’t they?,” by Jacob Passy, MarketWatch “If given the choice, many older Americans would be willing to return to work. Roughly two in five retirees said they would be open to going back to work if they could find a similar job in terms of pay, responsibilities and hours worked as their last one, according to a new working paper distributed by National Bureau of Economic Research. And yet despite this willingness to continue working, two-thirds of older Americans go straight into full retirement, according to a separate report released in June.
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Categories: Industry News.

“Economic Freedom of the World”

“Economic Freedom of the World,” Cato Institute “The foundations of economic freedom are personal choice, voluntary exchange, and open markets. As Adam Smith, Milton Friedman, and Friedrich Hayek have stressed, freedom of exchange and market coordination provide the fuel for economic progress. Without exchange and entrepreneurial activity coordinated through markets, modern living standards would be impossible. Potentially advantageous exchanges do not always occur. Their realization is dependent on the presence of sound money, rule of law, and security of property rights, among other factors. Economic Freedom of the World seeks to measure the consistency of the institutions and policies of
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Categories: Industry News.

“SNFs’ neighborhoods, Medicaid reliance linked to providers’ fiscal stress”

“SNFs’ neighborhoods, Medicaid reliance linked to providers’ fiscal stress,” by Emily Mongan, McKnight’s LTC News “The economic and racial makeup of the neighborhood where a nursing home is located plays a big role in how financially stressed it is, a new study confirms. . . . The study’s State University of New York-based authors found skilled nursing facilities in neighborhoods with a higher concentration of minorities were more likely to be fiscally stressed and have lower quality ratings than other homes.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Why do you suppose that is? SNFs
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Categories: Industry News and Long-Term Care.

“Retirement planning should include long-term care costs”

“Retirement planning should include long-term care costs,” by Alexandra Olson, AP “Many Americans have a blind spot when it comes to retirement planning: long-term care costs. Even though the majority of Americans will at some point need long-term care, few are planning for it. Many underestimate the costs and mistakenly believe health insurance can help cover it. . . . Here is some guidance on how you can get a jump-start on planning. . . . So it’s a good idea to take the time to research Medicaid rules, particularly what sorts of assets you might have to spend down
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Categories: Industry News and Long-Term Care.