Update on the Critical Advantage Rate Decrease for New Applications – CO, FL, NY, UT

Great news! Colorado, Florida, New York, and Utah can offer the products in the Critical Advantage portfolio with a 20% rate cut starting May 1, 2019. Your clients will get the same great coverage for less money, which could mean more sales for you. Check out how much they can save below: Age New Monthly Rate Previous Monthly Rate Monthly Savings Yearly Savings 35 $18.25 $22.81 $4.56 $54.72 45 $30.48 $38.09 $7.61 $91.32 55 $47.75 $59.69 $11.94 $143.28 65 $69.35 $86.69 $17.34 $208.08   This example is a Cancer policy with a $30,000 benefit amount and lifetime coverage. Check out
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Medicare News – Omaha Family of Companies

Medicare Supplement: May Modernized Rate Release Please view the upcoming Modernized Rate Release in NJ, CO and MD.   The Need for Dental Insurance You have a built-in target market. If you are selling Medicare supplement, there are a number of reasons you should be offering your Medicare clients a dental policy.   Mutual of Omaha Georgia Plan Offerings Find out how the 2020 MACRA changes impact the Mutual of Omaha Georgia Product.   Consumer MACRA Flyer Now Available! We now have a MACRA flyer you can share with your clients.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Help Younger Clients Plan Ahead with the LTC Rider

Statistics show that almost 70 percent of people over 65 will require chronic care later in life. Long-term care services can be expensive – and the costs are only expected to keep rising. So, why haven’t your clients purchased long-term care insurance yet? Some may not realize they need it. In fact, most don’t. That is, until they’ve experienced a parent or grandparent depleting their assets to pay for long-term care services. Perhaps that parent or grandparent even had to rely on family members to provide the care they couldn’t afford. Others have a hard time making the purchase because
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Amazon Connect Telephone System Update

We appreciate the positive feedback we have received on the new Producer call flow that was introduced in late January. We are pleased to report that our Average Speed of Answer (ASA) has stabilized. In March, our ASA was 41 seconds. As a reminder, when calling customer service, simply answer the first question with “Producer” and then provide the product type you are calling on. Once you do this, you will be immediately transferred to the appropriate customer service team. Customer Call Flows We are continuing to work towards determining the best design for our customer call flows. The best
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Categories: Critical Illness, Dental, Disability Income Insurance, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

New Whole Life Policy for Adults, from Gerber Life Insurance

NEW WHOLE LIFE INSURANCE FOR ADULTS, 18 TO 70 YEARS OLD, FROM GERBER LIFE   At Gerber Life Insurance Company, we make it easy for you to grow your business by helping your clients obtain life insurance protection that will last a lifetime. Gerber Life’s new Whole Life Insurance Plan provides permanent life insurance coverage with these added benefits: Guaranteed premiums, cash value and death benefits1 An easy application process for your clients Quick underwriting decisions2 Gerber Life Whole Life Insurance Competitively priced whole life insurance that enables clients to provide income for loved ones Clients can apply for $50,000
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Categories: Gerber Life, Industry News, and Life Insurance.

NEW Multi-Life Producer Guide

In the multi-life marketplace, today’s long term care insurance agent stands at an amazing crossroads, where the needs of employers and employees are merging with a growing awareness of long term care and its impact. Your opportunity to offer LTC benefits is remarkable and, in many ways, unparalleled. Consider the facts: Benefits play a central role in helping employees achieve their goals and reduce stress: Two in three employees say that benefit packages help reduce their financial stress.1 Only 21% of employers offer long term care insurance but almost half (46%) of employees feel the benefit is important.2 Employers are
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Categories: Industry News, Long-Term Care, and Transamerica.

In-Force Rate Action Announcement: Oklahoma (Choice 1)

> Choice 1 with Stable Premium Option 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. Oklahoma has now allowed the following increases: Oklahoma Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Choice 1 10% 10% Policyholders who selected the Stable Premium Option with the previous premium increase (announced 4/9/2018) are not included in this increase. Communications Timeline Servicing agents will receive a list of their impacted
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Arkansas (Choice 1)

> Choice 1 with Stable Premium Option 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. Arkansas has now allowed the following increases: Arkansas Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Choice 1 15% 15% Policyholders who selected the Stable Premium Option with the previous premium increase (announced 4/9/2018) are not included in this increase. Communications Timeline Servicing agents will receive a list of their impacted
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Categories: Genworth, Industry News, and Long-Term Care.

Good News | Omaha’s LTC Underwriting Teleconferences Kick Off This Thursday

  Omaha’s LTC Underwriting Teleconferences Begin This Week Mutual of Omaha’s LTC “Operation Underwriting” teleconferences will provide information to help simplify the sales process and give you the confidence to sell with ease. This Thursday Mutual of Omaha will introduce their underwriting leaders, discuss the fresh, new Underwriting Guide, and then finish with an interactive Q & A session. “Underwriting Operation Kick-Off” Teleconference #1 Topic:  Underwriting Operation Kickoff When:  Thursday, April 18th at 10 a.m. Central Conference Number:  1-866-220-3018 Conference ID:  1080585 Click here for teleconference details Read Full Good News Article Questions? Call the GoldenCare Marketing Team at 800-842-7799!
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

“Midwest is best, when it comes to the 30 best cities for older Americans in retirement,” by Grant Suneson and Samuel Stebbins”

“Midwest is best, when it comes to the 30 best cities for older Americans in retirement,” by Grant Suneson and Samuel Stebbins, USA Today “Nearly all of the 30 best cities for older Americans are in the Midwest. Wisconsin has the most cities on this list with eight, followed by Minnesota with five, Iowa with four, and Illinois, North Dakota, and Missouri with two apiece.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): If the best states for retirement are in the frozen north, why is everyone moving to the sunny south?
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Categories: Clippings, Industry News, and Long-Term Care.