Kemper Reports Strong Second Quarter 2019 Operating Results

8/5/2019 CHICAGO–(BUSINESS WIRE)– Kemper Corporation (NYSE: KMPR) reported net income of $122.1 million, or $1.84 per diluted share, for the second quarter of 2019, compared to $37.6 million, or $0.73 per diluted share, for the second quarter of 2018. In the second quarter of 2019, net income included a $20.1 million after-tax gain, or $0.30 per diluted share, attributable to the change in fair value of equity and convertible securities. As adjusted for the acquisition of Infinity Property and Casualty Corporation (“as adjusted”)1, net income was $126.3 million, or $1.90 per diluted share, for the second quarter of 2019, compared
Read More

Categories: Industry News and Short-Term Care.

Genworth Financial Announces Second Quarter 2019 Results

7/30/19 Net Income Of $168 Million And Adjusted Operating Income Of $204 Million RICHMOND, Va., July 30, 2019 /PRNewswire/ — Merger Agreement With China Oceanwide Holdings Group Co., LTD (Oceanwide) Extended To No Later Than November 30, 2019; Actively Soliciting Interest In Genworth MI Canada U.S. Mortgage Insurance (MI) Adjusted Operating Income Of $147 Million With $15.8 Billion In New Insurance Written (NIW) And Continued Strong Loss Performance U.S. MI’s PMIERs1 Sufficiency Ratio At 123 Percent, In Excess Of $650 Million Above The Revised Standards That Became Effective On March 31, 2019 Continued Strong Capital Levels In Canada And Australia
Read More

Categories: Genworth, Industry News, and Long-Term Care.

Reminder Regarding DVH Policy Change Rule

REMINDER: DVH Policy Change Rule Policy changes to or from a Basic/Premiere PPO Dental plan to Prime (DVH) may only be made effective upon the existing Policy Anniversary Date. Applications may be submitted up to 90 calendar days prior to the Policy Anniversary Date. The change to the newer plan will not be effective until the Policy Anniversary Date of the replaced plan. Additionally, commissions paid will be durational, and there will not be an advance.   Questions? We’re Here To Help! Contact SureBridge Producer Support by calling 888-797-4447, or by emailing :AgentCommunications@SureBridgeInsurance.com.     #goldencareagent #surebridge
Read More

Categories: Dental, Industry News, and SureBridge.

Lumico Rate Adjustment (Indiana)

Lumico received approval for a rate adjustment in Indiana, effective September 1, 2019. Any application dated on or after August 9, 2019 requesting a policy effective date before September 1, 2019 will receive the current rates. Any application dated on or after August 9, 2019 requesting a policy effective date of September 1, 2019 or after will receive the new rates. Lumico   Rate Adjustment State Plan A Plan F Plan G Plan N Indiana 4% 4% 4% 4%   Click here for a copy of the new rates.   Lumico — Insurance Made Clear.   #goldencareagent #lumico
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

Good News | UPDATE AVAILABLE! LTC CEO Selling Tools Software

  New & Updated Content Now Available In Our LTC CEO GoldenCare’s exclusive LTC CEO Office, Home and Internet Selling Tools software was just updated to Version 9.2, with the very latest resources, calculators, and sales tools! This is the complete sales toolkit, loaded with the most powerful sales and training tools to help you suceed in selling Long-Term Care insurance and other Perfect Portfolio products. What is included in the LTC CEO? How do you get your hands on these Selling Tools? Contract through GoldenCare or write a piece of business to receive your copy of the LTC CEO
Read More

Categories: GoldenCare News, Industry News, and Long-Term Care.

“Eating more meat and eggs lowers dementia risk in men”

“Eating more meat and eggs lowers dementia risk in men,” by Alicia Lasek, McKnight’s LTC News “Men whose diet contained more choline, a nutrient found in a variety of foods, had a 28% lower risk of dementia than those with a comparably low intake, a Finnish investigation has found. … Major contributors of choline in the American diet are eggs, meat, poultry, fish, dairy foods, pasta and rice. The recommended daily intake is 425 mg/day for women and 550 mg/day for men. Two hard-boiled eggs provide up to 300 mg of choline.”   LTC Comment (from Stephen A. Moses, President,
Read More

Categories: Clippings, Industry News, and Long-Term Care.

“Financial Performance of Medicare Advantage, Individual, and Group Health Insurance Markets”

“Financial Performance of Medicare Advantage, Individual, and Group Health Insurance Markets,” by Gretchen Jacobson, Rachel Fehr, Cynthia Cox, and Tricia Neuman, Kaiser Family Foundation “Medicare-for-All proposals have sparked discussion about the role of private health insurance in the U.S. health care system. Some of the current Medicare-for-All proposals would essentially eliminate private insurance. Others would allow private insurers to administer benefits under the new public program, similar to the role of Medicare Advantage plans today, which serve as a private-plan alternative to traditional Medicare. Another set of proposals would create a new Medicare-like public plan option, but preserve a role for private health insurance,
Read More

Categories: Clippings, Industry News, and Long-Term Care.

“Report Sounds Alarm on Medication Overload Among Older Americans”

“Report Sounds Alarm on Medication Overload Among Older Americans,” by Liz Seegert, Next Avenue “Experts on aging are sounding the alarm about another U.S. drug crisis: Too many older adults taking too many medications. This trend is leading to a surge in adverse drug events (ADE) over the past two decades. The rate of emergency department visits by older adults for adverse drug events doubled between 2006 and 2014. That’s a problem as serious as the opioid crisis, but whose scope appears to remain virtually invisible to families, patients, policymakers and many clinicians, according to a recent report by the Lown
Read More

Categories: Clippings, Industry News, and Long-Term Care.

GoldenCare Newsletter | August 5, 2019

In this GoldenCare Newsletter Edition Read Full GoldenCare Newsletter, August 5, 2019 Edition From GoldenCare: Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on all the latest and greatest in the industry.    For a list of current topics and to get in on the discussion Click Here. Update Your Contracts TODAY!  LTC CEO Office, Home and Internet Selling Tools Software Update Release Watch for the email in your inbox! This Must-Have Resource can dramatically increase your LTC sales, providing sales presentations, calculators, pre-recorded training, instruction for successful Internet Selling, LTC resources,
Read More

Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

“US seniors fulfill dreams, fight depression with virtual reality”

“US seniors fulfill dreams, fight depression with virtual reality,” by Leila Macor, TechXplore “‘We use virtual reality to fulfill seniors’ wishes,’ said Ivanovitch, a digital humanities doctor. Through VR, seniors can go places they’ve never been and check destinations off their bucket lists. VR Genie, which is run by the nonprofit organization Equality Lab, is funded by Miami-Dade County’s Mayor’s Age Friendly Initiative through a mini grant. The goal is to provide nursing homes with VR helmets as soon as Ivanovitch, 35, compiles a more extensive ‘dream library.’”   LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care
Read More

Categories: Clippings, Industry News, and Long-Term Care.