New Dental Product Available in Kentucky

Effective April 27, 2018, you may begin selling our Mutual Dental PreferredSM and Mutual Dental ProtectionSM insurance policies with an optional vision care rider underwritten by Mutual of Omaha Insurance Company in Kentucky. While this product is positioned for individuals who are Medicare eligible, the issue age is 19 – 99 for these policies. For more information and to see rates view the Dental Insurance Product and Rate Guide. Appointment: If you are not already appointed for the Dental product, click here to add this product to your appointments. Dental e-App available April 27, 2018 For ease and convenience use
Read More

Categories: Dental, Industry News, and Mutual of Omaha (& Affiliates).

New Medicare Cards are Coming

The Center for Medicaid and Medicare Services (CMS) began mailing new Medicare cards in April 2018 to individuals with Medicare. Cards will be mailed in phases based on geographic locations and other factors. All existing individuals with Medicare will have their card replaced by April 2019. All existing individuals with Medicare will have their card replaced by April 2019. Individuals can get information regarding these mailings by signing up at https://www.medicare.gov/newcard/ to receive emails about the status of cards mailing in their area. New Medicare cards are being sent in an effort to combat identity theft. The old Health Insurance
Read More

Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Medicare Supplement News – Omaha Family of Companies

New Medicare Cards are Coming The Center for Medicaid and Medicare Services (CMS) began mailing new Medicare cards in April 2018 to individuals with Medicare. Cards will be mailed in phases based on geographic locations and other factors. All existing individuals with Medicare will have their card replaced by April 2019.   Upcoming Rate Adjustments View upcoming rate adjustments for IN, KY, NC and WV. •  2010 Modernized – KY •  1990 Standardized – IN, NC, and WV   #goldencareagent #mutualofomaha
Read More

Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

U.S. Holiday Telephone Solicitation Bans for the Month of May 2018

Please be aware of the following U.S. holiday telephone solicitation bans for the month of May. On Friday, May 4, 2018: Rhode Island prohibits unsolicited marketing calls to residents in observance of Rhode Island Independence Day On Monday, May 28, 2018: Alabama, Louisiana, Mississippi, Rhode Island, and Utah prohibit unsolicited marketing calls to residents in observance of Memorial Day U.S. Holiday Telephone Solicitation Bans for the Month of May 2018   #goldencareagent #mutualofomaha
Read More

Categories: Industry News and Mutual of Omaha (& Affiliates).

In-Force Rate Action Announcement: Tennessee AARP (Privileged Choice® and Classic Select®)

As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Tennessee has now allowed the following increases: Tennessee Product Series Increase Percentage Privileged Choice 20% Classic Select 20%     Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin May 1, 2018 and will continue throughout the next year. Impacted policyholders will be notified at least 60
Read More

Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: South Carolina (Pre-PCS, PCS I, PCS II, Choice 1)

As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. South Carolina has now allowed the following increase: South Carolina Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods Pre-PCS 9% 20% PCS I 20% 20% PCS II 20% 20% Choice 1 20% 20%       This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted
Read More

Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Georgia (PCS II, Choice 1)

As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Georgia has now allowed the following increase: Georgia Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS II 15% 15% Choice 1 15% 15%       This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the
Read More

Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: New Limited Benefit with Partial Return of Premium Endorsement Option

(Georgia and South Carolina) To provide greater flexibility for policyholders when making decisions regarding premium increases, Genworth will begin offering the Limited Benefit with Partial Return of Premium  option in select states with specific products beginning April 23, 2018. This option is currently allowed and available in: Georgia — for eligible PCS II and Choice 1 policyholders South Carolina — for eligible Pre-PCS, PCS, PCS II and Choice 1 policyholders How it works: When implementing a premium increase, Genworth currently offers policyholders the choice to 1) keep their current coverage and pay the full increase, 2) select an option to
Read More

Categories: Genworth, Industry News, and Long-Term Care.

Genworth to Suspend Sales of Long Term Care Insurance in Montana

Genworth continuously monitors, examines and manages our business to help ensure we are offering products that are priced to balance consumer needs with our desire to achieve long-term profitability. As a result, on May 21, 2018, Genworth will suspend sales of individual long term care insurance in Montana. This change will not affect existing policyholders.   Transition Rules In order to effect a smooth transition, please note the detailed transition rules below and remember that all licensing and continuing education requirements must be met prior to submitting new business. It is critical to follow the transition rules, as we will
Read More

Categories: Genworth, Industry News, and Long-Term Care.

Your Clients Deserve the Best!

Offer Your Clients the Best Hospital Indemnity Insurance Policy on the Market! Do your clients have concerning co-pays or potential out-of-pocket expenses with their main health care coverage? Advantage Plus is specifically designed to help cover these costs including: ✓ Hospital Confinement ✓ Dental/Vision ✓ Outpatient Surgery ✓ Ambulance Trips ✓ Skilled Nursing Facilities ✓ Cancer Treatments     Advantage Plus is guarantee issue for ages 64½ to 65½ years, and can be sold year-round! WATCH VIDEO   VIEW INFOGRAPHIC   ORDER SUPPLIES             Your Clients Deserve the Best!   #goldencareagent #gtl
Read More

Categories: Guarantee Trust Life, Hospital Indemnity Plan, and Industry News.