Securian – November Life Lines

Long-Term Care Awareness Month! November is Long-Term Care Awareness Month! This is the perfect time to help your clients learn more about long-term care insurance and help them find affordable solutions to their long-term care needs. Of course, the first step to finding a solution is understanding the problem. That’s why we’ve spent our Long-Term Care Awareness Month educating both advisors and consumers about the importance of long-term care: We published an article in the November issue of Broker World magazine about the world of caregiving. If you missed the article, you can read it below. Three interview segments about
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Categories: Industry News, Life Insurance, Linked Benefit/Hybrids, and Securian.

PROMO TIME!! Holiday LTC Sales Promotion

Not selling Mutual of Omaha yet? Click here to add carriers & products to your appointments. * For Complete Promotion Details, Rules & Conditions, Click Here. For producer use only. Not for use with the general public. Questions? Call our Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the latest announcements from the Top Carriers! Check out GoldenCare News If you have questions or need additional information, please call us at 1-800-842-7799. #goldencare #goldencareagent
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

Special Announcement | MutualCare® Solutions Software Update

 MutualCare® Solutions Software Update Requires New Download   When updates were made to the MutualCare® Solutions software effective November 1, 2018, certain features and functionality was lost due to server issues.   We’ve recently experienced issues with the “Check for Updates” feature on the MutualCare Solutions Software. Unfortunately we were unable to fix this automatic update feature for any existing software installations.   The “Check for Updates” feature has been fixed in Version 3.54.0.0 and is currently available for download using the link below.   NOTE: There are no rate changes, this new version was due to the new server
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Categories: GoldenCare News and Mutual of Omaha (& Affiliates).

“Health, Family Take Precedence In Aging Americans’ Minds”

“Health, Family Take Precedence In Aging Americans’ Minds,” by Christopher Robbins, Financial Advisor “As average Americans age, their top concerns are health, family and finances, in that order, according to a recent survey. … The survey of 502 Americans aged 55 or older found that their top concerns were health problems and costs, named by 46 percent of respondents; being a burden on their family, 45 percent; and fear of running out of money, 44 percent.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Perfect reasons to obtain LTCI, but most don’t. Is the cause mass
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Categories: Clippings, Industry News, and Long-Term Care.

“Boomer Retirement Will Fuel Wave of Business Ownership Transitions”

“Boomer Retirement Will Fuel Wave of Business Ownership Transitions,” by Marlene Satter, ThinkAdvisor “A third of boomers expect to transition the ownership of their businesses in the next five years, thanks to the approach of retirement. That’s according to a SunTrust survey, which finds that 36% lack a specific plan for how to transition their business, and 21% admit they’re not financially ready to retire.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Seems like a good time and place to look for LTCI leads even if the business owners passed on earlier offers.  
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Categories: Clippings, Industry News, and Long-Term Care.

“Wildfire destroys three skilled nursing facilities”

“Wildfire destroys three skilled nursing facilities,” by Marty Stempniak, McKnight’s LTC News “All three skilled nursing facilities in Paradise, CA, have been destroyed due to a massive wildfire that has left at least 29 people dead. Two staff members of Cypress Meadows Post-Acute were still missing as of production deadline, down from 13 on Sunday, according to the California Association of Health Facilities. Cypress Meadows, Paradise Post Acute and the Pine View Center were confirmed Monday to have been obliterated by the so-called “Camp Fire,” which started early Thursday morning and is believed to be one of the most destructive
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Categories: Clippings, Industry News, and Long-Term Care.

“Top Strategies to Pay for a Longer, Healthier Retirement”

“Top Strategies to Pay for a Longer, Healthier Retirement,” by Robert Powell, The Street “According to Vernon, if you don’t buy a long-term care insurance policy there’s another strategy to consider that he likes: Home equity. ‘It’s kind of a default strategy, keeping that home equity in reserve,’ he said. ‘And then, that’s the asset you might tap if and when you need to pay for long-term care. But I just want to say that long-term care is like the wildcard of retirement, and there aren’t good solutions out there.’” LTC Comment (from Stephen A. Moses, President, Center for Long-Term
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Categories: Clippings, Industry News, and Long-Term Care.

“It’s time to sign up for long care coverage”

“It’s time to sign up for long care coverage,” by Mike Causey, Federal News Network “This week’s episode  Your Turn  deals with some of the benefits available during this open season.  Our guests are Joan Melanson and Paul Forte of Long Term Care Partners.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Click through and tune into an interview with our friends and allies Paul and Joan from the Federal Long-Term Care Insurance.  
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Categories: Clippings, Industry News, and Long-Term Care.

Medicare News – Omaha Family of Companies

Medicare Supplement: Med Supp Modernized Rate Adjustment Date Correction United World Med supp in IA, NE and WV change to 3/1/19.   Med Supp One Company/One State in LA and ID Effective 11/1/18 only Med supp underwritten by Omaha Insurance Company in LA and ID will be accepted for new business.   Med Supp 4th Quarter Broker Bonus Program Extra cash for your fourth quarter Medicare supplement business.   Dental Insurance Meet all the healthcare needs of your Medicare eligible clients   Medicare Advantage and Prescription Drug Plans: PDP Plans for Your Clients Are your clients seeking an answer to
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

In-Force Rate Action Announcement: Utah (PCS II)

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. Utah has now allowed the following increase: Utah Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS II 55% 72%       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 start of policyholder notifications. Policyholder notifications
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Categories: Genworth, Industry News, and Long-Term Care.