Medicare Supplement: Upcoming Rate Adjustments Scroll through the announcement for details on the following rate adjustments. • Plan N Rate Adjustment — MOO-NE 2019 Med Supp Marketing Credits Program Medicare Supplement Marketing Credits are as Good as Cash. Good news! This same great program is available in 2019. #goldencareagent #mutualofomaha
Read More
The New LTC Rider is Now Approved in Delaware
On October 1, agents selling in Delaware will now have an additional option to help meet clients’ long-term care planning needs. The new Long-Term Care Rider will be available for you on our Income Advantage and Life Protection Advantage Indexed Universal Life (IUL) insurance policies. The LTC Rider provides: Benefits for Nursing Home, Assisted Living, Home Health Care and Adult Day Care Maximum total benefits up to 100% of the initial specified death benefit 1%, 2% or 4% monthly acceleration percentages One-time, 90 calendar-day elimination period Automatic issue of the Chronic Illness Rider if the client doesn’t qualify for the
Read More
REMINDER: Genworth’s 2018 Commission Pay Schedule
Genworth is changing the timing of the end of year paydown. October 5, 2018 will be the payout for commission payments that have not previously met the minimum payment requirement. Genworth will process all commissions due on October 5, 2018. The $50 minimum payment requirement will resume after October 5, 2018 and will continue through the next commission pay down in 2019. Therefore, there will not be an “end of year” pay down as in previous years. All commission payments, for all products, will be distributed on October 8, 2018. Genworth will resume normal commission payments that have met the
Read More
Genworth, Industry News, and Long-Term Care.
In-Force Rate Action Announcement: New Jersey (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. As noted on the August 28, 2017 bulletin, Alabama allowed the following second increase for New Jersey certificates, issued under a group master policy issued to a trust in Alabama, to be implemented beginning this year: New Jersey Product Series Increase Percentage Privileged Choice 30% Classic Select 30% This rate increase was filed and approved in accordance with the laws and regulations of Alabama
Read More
Genworth, Industry News, and Long-Term Care.
In-Force Rate Action Announcement: Connecticut (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. Connecticut has now allowed the following increase: Connecticut Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods Choice 1 18% 18% This rate increase applies to partnership, non-partnership and non-AARP policies. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder
Read More
Genworth, Industry News, and Long-Term Care.
New Medicare Card Project – Progress Update
New Medicare Card Project – Progress Update The Centers for Medicare & Medicaid Services (CMS) continues to successfully mail newly-designed Medicare cards with the new Medicare Number and we’re excited to share important progress updates with you. As of August 31, we’ve mailed nearly 35 million cards and continue to mail more every day. We’re processing claims and eligibility requests with the Medicare Beneficiary Identifier (MBI), showing that providers are successfully using the new number. We started mailing new cards to people with Medicare who live in Wave 6 states this week and finished mailing cards to people who live
Read More
NGL’s Pending New Business Application Report available now!
NGL’s Pending New Business Report is now available on MyNGLIC in your general folder of ReportLink. The report provides a recap of all business pending, including the reason(s) why, as of 7pm CST the previous business day. In addition, this report can be setup for email delivery as often as daily. Features of the report: The report will include all pending applications which have been indexed into our administrative system as of 7pm CST from the prior business day. Reminder: it is possible that a policy may already be issued or the status has changed by the time you view
Read More
Critical Updates – Please Update Your GTL E-App
We have made important updates to the GTL e-App. Please update your e-App on your Apple or Android device to the most recent version. Always have the most up-to-date version of the GTL e-App by setting automatic updates! CLICK HERE FORAPPLE DEVICES CLICK HERE FORANDROID DEVICES Critical Updates – Please Update Your GTL E-App #goldencareagent #gtl
Read More
Kemper’s Fall Incentive – Blitz for Cash
Catch a Cash Bonus! Incentive Period: September 1 — November 30, 2018 Product: Home Health Care Policy Payout: Mid-December WRITE BIG, WIN BIG: there’s no cap on this cash bonus! FIRST DOWN $50 – $90 $10 each 5-9 policies issued SECOND DOWN $150 – $285 $15 each 10-19 policies issued THIRD DOWN $400 – $580 $20 each 20-29 policies issued TOUCHDOWN $750+ $25 each 30+ policies issued Contest Rules and Requirements Home Health Care applications must be written and policies issued from September 1 — November 30, 2018 to be considered. Qualifying producers must be licensed, appointed and in
Read More
Advantage Plus Upgrade Now Available!
You asked for it, and we delivered! The industry-leading Advantage Plus is now even better! E-App update available on Apple or Android devices now! New Base Plan Options Up to $750 per day hospitalization benefit. Ambulance Rider Upgrade Choice from $50 – $400 daily usage benefit, up to 4 times per year, lifetime max of 12 trips, air ambulance coverage included, and no hospital confinement required. Skilled Nursing Rider Addition Choice of two coverage options of $100, $150, $200 per day for day 1-50 -OR- $120 per day for days 21-100. Lump Sum Cancer Rider Update Addition of the $6,700
Read More
