“A Slice’ of the 2019 ILTCI Conference”

May 21, 2019 | by | Comments Off on “A Slice’ of the 2019 ILTCI Conference”

“‘A Slice’ of the 2019 ILTCI Conference,” Drinker Biddle “Drinker Biddle is pleased to present you with this recap—or “a slice” of the 2019 ILTCI Conference, Chicago, Illinois. Year after year, the ILTCI Conference is jam-packed with opportunities to reconnect with and learn from our industry peers and friends. In fact, there is so much happening that it is nearly impossible to catch even a fraction of all of the valuable presentations and panel discussions throughout the conference. The long-term care industry is booming with new ideas, innovations, strategies, and tactics. The Conference affords attendees with the opportunity to explore
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Categories: Clippings, Industry News, and Long-Term Care.

“Health Affairs Events”

May 21, 2019 | by | Comments Off on “Health Affairs Events”

“Health Affairs Events,” Health Affairs Blog “Past Event:  Seniors in the ‘Middle Market’ Many Seniors Will Be Unable To Afford Housing and Health Care by 2029 FREE ACCESS to the Research Article presented at this event and study content: ‘The Forgotten Middle: Many Middle-Income Seniors Will Have Insufficient Resources For Housing And Health Care’”   LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Health Affairs has offered free access to the article we critiqued in LTC Bullet: Remember the Middle, May 10, 2019. Read ‘em both and reach your own conclusions.
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Categories: Clippings, Industry News, and Long-Term Care.

“Nationwide Adds Life-LTC Hybrid”

May 21, 2019 | by | Comments Off on “Nationwide Adds Life-LTC Hybrid”

“Nationwide Adds Life-LTC Hybrid,” by Allison Bell, ThinkAdvisor “Life insurance units of Nationwide Mutual Insurance Company will be issuing a new product that combines universal life insurance with cash indemnity long-term care (LTC) benefits. The new Nationwide CareMatters II policy is an updated version of a product introduced in 2014. One change is an expansion in access to the product. In the past, the target market for the product was ages 40 to 65. Nationwide now allows issue ages from 30 to 75. Some details may differ from state to state.”   LTC Comment (from Stephen A. Moses, President, Center for
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Categories: Clippings, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Missouri (PCS I, Choice 1)

May 20, 2019 | by | Comments Off on In-Force Rate Action Announcement: Missouri (PCS I, 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. Missouri has now allowed the following increases: Missouri Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS I 55% 72% Choice 1 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
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Categories: Genworth, Industry News, and Long-Term Care.

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

May 20, 2019 | by | Comments Off on In-Force Rate Action Announcement: Mississippi (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. Mississippi has now allowed the following increases: Mississippi Non-AARP Product Series Increase Percentage Privileged Choice 16% Classic Select 16%   Mississippi AARP Product Series Increase Percentage Privileged Choice 17.2% Classic Select 17.2%   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 28, 2019 and will
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Categories: Genworth, Industry News, and Long-Term Care.

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

May 20, 2019 | by | Comments Off on In-Force Rate Action Announcement: Massachusetts (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. Massachusetts has now allowed the following increases: Massachusetts Product Series Increase Percentage Privileged Choice 40% phased 13.3%, 13.3%, 13.4% Classic Select 40% phased 13.3%, 13.3%, 13.4%   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 May
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Categories: Genworth, Industry News, and Long-Term Care.

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

May 20, 2019 | by | Comments Off on In-Force Rate Action Announcement: Georgia (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. Georgia has now allowed the following increases: Georgia Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS II 18% 18% Choice 1 18% 18%   This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list
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Categories: Genworth, Industry News, and Long-Term Care.

Precision Care Cancer Infographic Now Available!

May 20, 2019 | by | Comments Off on Precision Care Cancer Infographic Now Available!

Looking for another way to help sell Precision CareTM Cancer Insurance and explain the groundbreaking TGen benefit? Download the New Infographic Now!     Guarantee Trust Life Insurance Company (GTL) has partnered with The Translational Genomics Research Institute (TGen), a nonprofit pioneer in genome sequencing and precision cancer treatment, to design a new and groundbreaking cancer insurance product. GTL’s Precision CareTM helps policyholders afford and have access to TGen’s world-class cancer physicians and genomic sequencing services for a more individualized and targeted approach to treating cancer. Watch Video View Website Order Supplies On GTLink   Watch the recording now for
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Categories: Critical Illness, Guarantee Trust Life, and Industry News.

SecureCare: Sales Strategy Using HSA Dollars

May 20, 2019 | by | Comments Off on SecureCare: Sales Strategy Using HSA Dollars

Using HSA dollars to pay for LTC What if prospects knew they could fund a SecureCare Universal Life insurance policy using tax-free dollars from their Healthcare Savings Account (HSA)? It could be a game-changing opportunity for some – and this sales idea outlines how the strategy works, identifies potential prospects, and shows how these savings can add up over time. This is a powerful strategy that can help bring SecureCare within reach for more clients. Take a look     SecureCare: Sales Strategy Using HSA Dollars   #goldencareagent #minnesotalife #securian
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Categories: Industry News, Linked Benefit/Hybrids, and Securian.

SecureCare Fact Finder Questionnaire

May 20, 2019 | by | Comments Off on SecureCare Fact Finder Questionnaire

Quick questionnaire for LTC/CI When it comes to helping your clients prepare for long-term care (LTC) and chronic illness (CI), it can be hard to know where to begin. This short fact finder can guide you through the conversation. These questions will help you get to know your client and learn more about their retirement goals and concerns, helping to lay the foundation for a strategy custom-tailored to fit their unique situation. Get the fact finder     SecureCare Fact Finder Questionnaire   #goldencareagent #minnesotalife #securian
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Categories: Industry News, Linked Benefit/Hybrids, and Securian.