“4 Ways Researchers Are Still Fighting Alzheimer’s”

April 9, 2019 | by | Comments Off on “4 Ways Researchers Are Still Fighting Alzheimer’s”

“4 Ways Researchers Are Still Fighting Alzheimer’s,” by Allison Bell, ThinkAdvisor “Scientists told the Senate Special Committee on Aging earlier this week that there are many promising Alzheimer’s disease detection and treatment research projects under way right now. Dr. Richard Hodes, director of the National Institute on Aging, said increased research budgets and new gene sequencing technology are helping researchers learn more about how human genetics — and, possibly, microbes — lead to Alzheimer’s and other forms of dementia. … Here are four hot areas of dementia research that Hodes and other witnesses discussed at the Alzheimer’s research hearing.” LTC Comment (from Stephen A. Moses,
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Categories: Clippings, Industry News, and Long-Term Care.

“Caring for Aging Parents is Not a Family Affair”

April 9, 2019 | by | Comments Off on “Caring for Aging Parents is Not a Family Affair”

“Caring for Aging Parents is Not a Family Affair,” Advisor Magazine “For most families, caring for mom or dad as they age is not a family effort. According to new data from Northwestern Mutual’s latest C.A.R.E. Study, the responsibility most likely falls on the shoulders of one sibling, rather than being shared among all the children.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): You you’re the one, you probably know you are. If so, take the lead now to wake up your siblings and get ahead of the problem with LTC planning.
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Categories: Clippings, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: New York (PCS I, PCS II, Choice 1)

April 8, 2019 | by | Comments Off on In-Force Rate Action Announcement: New York (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. New York has allowed the following increases to Partnership and non-Partnership policies: New York Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS I 52.1% phased 15%, 15%, 15% cumulative 52.1% phased 15%, 15%, 15% cumulative PCS II 52.1% phased 15%, 15%, 15% cumulative 52.1% phased 15%, 15%, 15% cumulative Choice 1 52.1% phased 15%, 15%, 15% cumulative
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Categories: Genworth, Industry News, and Long-Term Care.

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

April 8, 2019 | by | Comments Off on In-Force Rate Action Announcement: North Carolina (PCS II, Choice 1)

> PCS II with Stable Premium Option > 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. North Carolina has now allowed the following increases: North Carolina Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS II 95.31% cumulative phased: 25%, 25%, 25% 95.31% cumulative phased: 25%, 25%, 25% Choice 1* 39.92% cumulative phased: 25%, 5.8%, 5.8% 75% cumulative phased: 25%,
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Categories: Genworth, Industry News, and Long-Term Care.

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

April 8, 2019 | by | Comments Off on In-Force Rate Action Announcement: Maryland (Pre-PCS, PCS I, PCS II, 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. Maryland has now allowed the following increases: Maryland Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Pre-PCS 23.6% cumulative phased: 15%, 7.5% 23.6% cumulative phased: 15%, 7.5% PCS I 32.3% cumulative phased: 15%, 15% 32.3% cumulative phased: 15%, 15% PCS II 28.8% cumulative phased: 15%, 12% 28.8% cumulative phased: 15%, 12%
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Categories: Genworth, Industry News, and Long-Term Care.

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

April 8, 2019 | by | Comments Off on In-Force Rate Action Announcement: Maryland (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. Maryland has now allowed the following increases: Maryland Product Series Increase Percentage Privileged Choice 19.9% cumulative phased: 9.5%, 9.5% Classic Select 19.9% cumulative phased: 9.5%, 9.5%     This rate increase applies to both AARP® 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 notifications. Policyholder notifications will begin
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Categories: Genworth, Industry News, and Long-Term Care.

LTC “Underwriting Operation” Information

April 8, 2019 | by | Comments Off on LTC “Underwriting Operation” Information

As part of our ongoing Underwriting Operation, we wanted to share some great LTC underwriting insights. CASE STUDY: Rachel Rachel is 59-year-old female architect from New York with two adult children on the west coast. Recently widowed, she was referred to a LTCi Specialist after speaking to her Financial Advisor. After discussing her long-term care plan and medical history with the LTCi agent, Rachel applied for MutualCare® Custom Solution and was quoted as select. The next day, Rachel’s interview was received and reviewed by underwriting. The underwriter determined an APS was not required, and Rachel was issued coverage at a
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Transamerica Quarterly LTC Newsletter (April 1)

April 5, 2019 | by | Comments Off on Transamerica Quarterly LTC Newsletter (April 1)

It’s been a long time coming, but the Quarterly Newsletter for Transamerica Long Term Care has finally arrived! We are committed to providing a quarterly update regarding Best Practices, Recent Business Changes and Long Term Care Tips and Tricks! Marketing: New to EAPP, want to learn more? Check out the provided link and watch the step by step process on completing an electronic application! https://www.brainshark.com/aegon/vu?pi=zHpzcWllRzZ7s4z0&nodesktopflash=1   Be amazed with a fresh look on these recently updated assets! What Happens Next Brochure – 98641 LTC Rebrand – Round 1 Transcare II Indiana Partnership Fast Facts Agent Guide – 97453 LTC Rebrand
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Categories: Industry News, Long-Term Care, and Transamerica.

Why Your Clients Need Cancer and Heart Attack and Stroke Coverage

April 5, 2019 | by | Comments Off on Why Your Clients Need Cancer and Heart Attack and Stroke Coverage

The number of cancer and heart attack and stroke diagnoses is in the millions every year. Fortunately, surviving these diagnoses increases every year due to advances in treatment, but this also means increases in the cost of treatment. The Critical AdvantageSM portfolio includes coverage for both cancer and heart attack and stroke. The benefits can be used toward any cancer and heart attack and stroke expense, including medical bills, living expenses, and the cost of high deductibles. It allows your clients to focus on their treatment, not their finances. Check out and download this flyer that shows what you need
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

LTC New Business Teleconference

April 5, 2019 | by | Comments Off on LTC New Business Teleconference

Selling LTCi is easier than you think! Especially when you have access to all the tips, tools and training you need. Join our bimonthly LTC New Business teleconference for information that will help simplify the sales process and give you the confidence to sell with ease. Check out this flyer for all the details. Do you have questions on the topic, or do you have something you’d like to discuss? Email distribution.marketing@mutualofomaha.com prior to the teleconference. All attendees who submitted a question each month will be entered into a drawing for a prize.   LTC New Business Teleconference   #goldencareagent
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).