A.M. Best Affirms Mutual of Omaha’s Financial Rating

A.M. Best performed their annual rating committee review on Mutual of Omaha and affirmed our financial strength rating of A+ (Superior) with a stable ratings outlook. The ratings reflect Mutual of Omaha’s balance sheet strength, which A.M. Best categorizes as very strong, as well as our strong operating performance, favorable business profile and appropriate enterprise risk management. Mutual of Omaha’s favorable business profile is anchored by its diversification of products and our multiple distribution channels leading to our capitalization level being very strong and considered favorable relative to our peers. For more information regarding our Financial Strength, please visit www.mutualofomaha.com.
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Eclipse Protector II IUL: Get 3 benefits in 1

Eclipse Protector II IUL: Get 3 benefits in 1 When you think about long-term guarantees and competitive premiums, Guaranteed Universal Life (GUL) may come to mind. But if your clients are looking for affordable, lifetime protection and greater potential for cash accumulation – you may want to consider Indexed Universal Life (IUL) insurance. Find out how Eclipse Protector II IUL compares by offering the best of both worlds.   View Flyer     Contact Us Questions? Please call Securian’s Life Sales Support Team at 1-888-413-7860, option 1.   Eclipse Protector II IUL: Get 3 benefits in 1   #goldencareagent #minnesotalife
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Categories: Industry News, Life Insurance, and Securian.

Life insurance inforce payments going to new address

Important announcement: Life insurance inforce payments going to new address Effective February 2020, all life insurance payments for inforce policies will go to our new PO Box addresses – one for Securian Life Insurance Company and another for Minnesota Life Insurance Company. If payments are sent to our old address after this date, they will be forwarded to Securian Financials’ home office until 2021. Please note, for clients with direct billing payments through a bank, they may need to update our address with their bank. Here are the new addresses for life insurance payments: Securian Life policies: Securian Life Insurance
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Categories: Industry News, Life Insurance, and Securian.

Good News | More Accurate & Detailed Information On SPA Case Monitoring

Enhancements On Sales Professional Access Case Monitoring Mutual of Omaha is continually evaluating opportunities to improve our business processes and tools to help you get your applications issued quicker. We are excited to announce a new case monitoring enhancement. Effective February 16, 2020, the case monitoring dashboard on Sales Professional Access has been updated to display more accurate and detailed requirements. For full details, click here.       Questions? Call the GoldenCare 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
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Categories: GoldenCare News, Industry News, and Long-Term Care.

“VA Health Care: Veterans’ Use of Long-Term Care Is Increasing, and VA Faces Challenges in Meeting the Demand”

“VA Health Care: Veterans’ Use of Long-Term Care Is Increasing, and VA Faces Challenges in Meeting the Demand,” Government Accountability Office (GAO)   Quote: “Veterans rely on long-term care from the VA for everything from occasional help around the house to round-the-clock care. Eligibility is primarily based on the extent of a service-connected disability. Demand for long-term care increased 14% and VA’s expected spending went up 33% from FY 2014-2018. VA projects demand will continue to increase and spending will double by 2037. VA faces 3 key challenges to meeting long-term care needs: finding enough workers, providing care where geographically
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Categories: Clippings, Industry News, and Long-Term Care.

“Medicare Advantage enrollment swells,” by Bob Herman”

“Medicare Advantage enrollment swells,” by Bob Herman, Axios   Quote: “Roughly 24.4 million seniors and people with disabilities were enrolled in a Medicare Advantage plan as of this month, a 9.4% jump from the same time in 2019, according to the latest federal data analyzed by Axios. … he 9.4% annual enrollment growth is well above the 6.8% growth rate in 2019, and people flocked to pretty much every insurer selling Medicare Advantage plans this past season — from startups to well-established carriers.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): MA rising.    
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Categories: Clippings, Industry News, and Long-Term Care.

“A VA Program Can Help War Veterans Pay For Long-Term Care, But Applying For It Can Be An Ordeal”

“A VA Program Can Help War Veterans Pay For Long-Term Care, But Applying For It Can Be An Ordeal,” by Stephanie Colombini, Texas Public Radio   Quote: “The VA Aid and Attendance benefit can help some vets and spouses pay for nursing homes, assisted living facilities, and home health care. But the application process is often long and complicated. … The recipients must have a net worth less than $129,094, including most assets [home is exempt] and annual household income, minus medical expenses not covered by insurance. … Potential recipients need doctors to verify that they are physically or mentally incapable of
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Categories: Clippings, Industry News, and Long-Term Care.

“By 2060, a quarter of U.S. residents will be over age 65″

“By 2060, a quarter of U.S. residents will be over age 65,” by Mike Schneider, Associated Press   Quote: “By 2060, almost a quarter of all U.S. residents will be over age 65, and life expectancy will reach an all-time high of 85 years, according to new reports the U.S. Census Bureau released Thursday.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): When life expectancy was 65, the government started Social Security and look what happened. The program is bankrupt just as the elderly population explodes. Now that life expectancy will be 85, the age at
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Categories: Clippings, Industry News, and Long-Term Care.

Sales Professional Access Case Monitoring Enhancement

Mutual of Omaha is continually evaluating opportunities to improve our business processes and tools to help you get your applications issued quicker. We are excited to announce a new case monitoring enhancement. Effective February 16, 2020, the case monitoring dashboard on Sales Professional Access has been updated to display more accurate and detailed requirements. Examples of the new Requirement Headings are illustrated below (click to enlarge):   As always, if you have any questions regarding your case status or any outstanding requirements, please reach out to Case Management at 800-275-5528.   Sales Professional Access Case Monitoring Enhancement   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

SPECIAL EVENT TODAY | Comparing Aetna and GTL’s Short-Term Care Plans

  Register Now To Reserve Your Space! Click below to register: Tues, Feb 18, 2020 2:00 PM  to  2:30 PM CST   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 For producer use only. Not for use with the general public. #goldencareagent
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Categories: GoldenCare News, Industry News, and Long-Term Care.