AIG Reports Third Quarter 2017 Results

11/02/2017 NEW YORK, November 2, 2017 – American International Group, Inc. (NYSE: AIG) today reported a net loss of $1.7 billion, or $1.91 per share, for the third quarter of 2017, compared to net income of $462 million, or $0.42 per diluted share, in the prior-year quarter. After-tax operating loss was $1.1 billion, or $1.22 per share, for the third quarter of 2017, compared to after-tax operating income of $1.1 billion, or $1.01 per diluted share, in the prior-year quarter. “In the third quarter, the insurance industry witnessed unprecedented catastrophic events. AIG’s resilience in the wake of these events reflects
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Categories: American General and Industry News.

CMS One-Week Blackout Period

The Centers for Medicare & Medicaid Services (CMS) will experience a partial system blackout period over the next week in order to update their systems. Please be advised that Medicare Advantage and Prescription Drug Plan enrollments and other transactions may pend for longer than is typical. Continue to submit applications within 24 hours of receipt. If you are experiencing slowdowns during the following timeframe, there is no need to call the Producer Help Desk (PHD). 8 p.m. (EST) Friday, Nov. 10 through 8 p.m. Thursday, Nov. 16. On the morning of Friday, Nov. 17, enrollment statuses will start to be
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Categories: Industry News and Medicare Supp./Adv..

(Legacy) Rate Adjustments Effective February 1, 2018 – CT, DE, NM

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, 2018: Block of Business Impacted States NHA, LTA, HCA, LT50 & NH50 Connecticut, Delaware, New Mexico    
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

NGL – EssentialLTC News

  State Release    •  On 11/6, EssentialLTC became available in Florida!     New & Updated Materials Available on the Agent Resource Center Product Introduction Flyer Executive Carve Out Flyer Client Case Study Flyer 1035 Exchange Flyer Online Marketing In support of November LTC Awareness Month, help us spread the word about the importance of LTCi with the EssentialLTC #LTCAwarenessMonth Fact of the Day Infographic series! Download series Consumer Website Launch – If you haven’t already, make sure to visit the new EssentialLTC Consumer Website! Introducing New EssentialLTC Team Member We’re pleased to announce that Michael Machlovitz has joined our
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Aetna: New Provider Lookup Hotline / Provider Lookup Tools

NEW provider lookup hotline: 1-844-375-2394 You can now call a new Medicare provider lookup hotline for help looking up providers during the busy AEP selling season: 1-844-375-2394. This hotline is for ready-to-sell brokers only and is available now through December 7. Representatives are available 7 a.m. to 7 p.m. CT. Learn more. How to find network providers for MA/MAPD plans Whenever possible, use our online directory tools, AetnaMedicare.com/findprovider and Coventry-Medicare.com/findprovider, which are updated 6 days a week. For your offline needs, provider directory PDFs are also available. • You can find Aetna provider directory PDFs on Producer World (Individual Medicare
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Categories: Aetna, Industry News, and Medicare Supp./Adv..

USA: Long-Term Care Awareness Month

By: Matt Sussman, CLTC Senior Director of Business Development November has been declared Long Term Care Awareness month by the U.S. Congress. As an individual who can make a difference in how a family prepares for a long term care event, this month should be professionally meaningful to you. It should also give you additional reasons to bring up the topic of long term care planning. According to the International Journal of Epidemiology; from 2000 to 2050, the senior population is projected to grow by 135 percent; therefore the potential prospects are certainly available. People aged 85 and over are
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Categories: Industry News, Long-Term Care, and United Security.

Genworth Webinar: Thurs, Nov 16, 2017 at 11:30 AM EST / 10:30 AM CST

LTC Basics – Start selling LTCI in today’s marketplace. Join the Genworth Long Term Care wholesaling team for a 30 minute overview of traditional Long Term Care Insurance and ways to generate the LTC conversation with your clients. Thurs, Nov 16, 2017 11:30 PM Eastern / 10:30 PM Central Register using the button above. Seating is limited.   Genworth Webinar: Thurs, Nov 16, 2017 at 11:30 AM EST / 10:30 AM CST   #goldencareagent #genworth
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Categories: Genworth, Industry News, and Long-Term Care.

Aetna: New Provider Lookup Hotline

Need assistance looking up providers? Call our new provider lookup hotline! Great news! You can now call a new Medicare provider lookup hotline for help looking up providers during the busy AEP selling season: 1-844-375-2394. This hotline is for ready-to-sell brokers only and is available now through December 7. Representatives are available 7 a.m. to 7 p.m. CST. What’s the goal: The goal is to help you get provider information quickly, and to help ensure your clients know if their providers participate in our Aetna Medicare provider network. Who can participate: YOU! We’re inviting all ready-to-sell agents to use this
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Categories: Aetna, Industry News, and Medicare Supp./Adv..

Why clients should consider purchasing LTC insurance

  Real Life, Real Stories. Long Term Care Awareness Month When Vernon Duckett first heard about long-term care insurance, his wife, Helen, talked him into it. Years later, that decision not only provided financial security – it provided peace of mind and independence. Share the Duckett family’s story, and help your clients learn why they, too, should consider buying long-term care insurance.   View Video >   Why clients should consider purchasing LTC insurance   #goldencareagent #minnesotalife #securian
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Categories: Industry News, Long-Term Care, and Securian.