Medicare News – Omaha Family of Companies

Medicare Supplement: Upcoming March Rate Adjustments View upcoming rate adjustments for Kentucky and Pennsylvania.   Upcoming Rate Adjustment View upcoming rate adjustments for Hawaii, Mississippi and Texas.   Rate Release for March 2020 View March 1, 2020 Rate Releases in Illinois, Iowa, Nebraska, South Dakota and West Virginia.   Spotlight on Dental- Our Product Our dental insurance may be the answer to your clients healthcare needs.   New Med Supp Customer eNewsletter In January Mutual released a new e-Newsletter exclusively for their Medicare supplement policyholders. Learn more.   Medicare Advantage and Prescription Drug Plans: Prescription Drug Plan Commissions There has
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

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

> Privileged Choice® and Classic Select® 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. Oregon has now allowed the following increases: Oregon Product Series Increase Percentage Privileged Choice 48.1% Classic Select 48.1%   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 February 18, 2020 and will continue throughout the next
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Categories: Genworth, Industry News, and Long-Term Care.

2020 Partnership Minimum Benefit Requirements for CA, CT, IN and NY

Each year, the original Partnership states (CA, CT, IN and NY) revisit certain minimum benefit requirements to qualify for their Partnership programs. The requirements that are changing for 2020, as well as some (but not all) minimum Partnership requirements that not changing, are listed below. California Partnership The following minimum benefit requirements for Partnership in California are changing for 2020. Requirements 2019 2020 Minimum Daily Benefit $220 $230 Minimum Monthly Benefit $6,820 $7,130   Connecticut Partnership The following minimum benefit requirements for Partnership in Connecticut are changing for 2020. Requirements 2019 2020 Minimum Daily Benefit $283 $291 Minimum Monthly Benefit
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Categories: Genworth, Industry News, and Long-Term Care.

EssentialLTC Sales Guide Redesigned!

NGL Sales Guide Redesigned The EssentialLTC Sales Guide is redesigned to highlight popular product features with case studies demonstrating when and how each product feature can be used. Understanding the product features allows you to better customize plans and meet the needs of your clients. The hypothetical examples included in the new Sales Guide illustrate how EssentialLTC may benefit a client’s situation and are listed below: Lifetime Benefit Period Extension Rider Shared Benefit Amount Rider Return of Premium Riders Return of Premium with Optional Policy Surrender Riders Flexible Premium Payment Options Inflation Protection Riders Click here to log in to
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Categories: Industry News, Long-Term Care, and National Guardian Life.

LTC Application Update – No Premium Deposit

New – No premium deposit required with applications It’s easier for you to submit EssentialLTC applications. Thanks to your feedback you can now submit mailed paper applications, E-APPs and upload signed paper applications without including a premium deposit. This new feature is available now. Benefits of using E-APP You can work with clients nationwide Share your screen with clients or use it directly with the client Integrates illustration information into the application Time efficient application process Reduces “not in good order” applications Faster processing of business Click here to submit new business. NGL: Announcing LTC Application Updates   #goldencareagent #ngl
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Medicare Supplement Now Available for Wisconsin

Available on Paper Only – e-App coming soon! Extremely competitive rates  •  Great household discounts 3-4 day turnaround time  •  Over 40 years in the market Available on our e-App  •  Get paid weekly ORDER SUPPLIES   Available in 31 and more coming soon! Be sure you have the most recent Medicare Supplement Underwriting Guide as this has been revised.   Medicare Supplement Now Available for Wisconsin   #goldencareagent #gtl #medsupp
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Categories: Guarantee Trust Life, Industry News, and Medicare Supp./Adv..

Annuity Sales Nearly Doubled—Two Years in a Row!

“THE INSURER THAT ALMOST DOUBLED ANNUITY SALES TWO YEARS IN A ROW”   The Kuvare family of companies have experienced an outstanding combined annuity growth of 97% in 2018, followed by an increase of 85% in 2019. We may have just vaulted into the top 50 annuity companies in the U.S., according to a recent article from Life Annuity Specialist. See the complete article below: It’s an exciting time to be growing with GILICO and Kuvare. Thank you for your partnership and for helping us reach these amazing achievements! Read the Latest Kuvare Article Here       #goldencareagent #gilico
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Categories: Guaranty Income, Industry News, and Linked Benefit/Hybrids.

Market your expertise with the co-branded tax guide

2020 is here. And so is your co-branded tax guide Our 2020 tax guide is now available. Download our generic version below or contact our sales team to get a co-branded one with your information and start marketing yourself in 2020. This piece is one of our most popular value adds. Use it to help expand relationships, grow your business and position yourself as the go-to resource.   Download tax guide     Contact Us Questions? Please call Securian’s Life Sales Support Team at 1-888-413-7860, option 1.   #goldencareagent #minnesotalife #securian
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Categories: Industry News, Life Insurance, and Securian.

Getting Into the Hearts and Minds of Long-Term Care Buyers

Getting Into the Hearts and Minds of Long-Term Care Buyers At Mutual of Omaha, our goal is to help you find the right people to talk to about long-term care insurance – those who are most likely to buy a policy from you. In an effort to identify the right people, we initiated a research project to get into the hearts and mind of long-term care insurance buyers. We wanted to know who they are, why they buy (and why they don’t) and what steps they take to educate themselves before making a buying decision. We also wanted to know
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

A Sales Idea Using Both the LTC and Chronic Illness Riders

Our Income Advantage IUL and Life Protection Advantage IUL policies now offer a Long-Term Care Rider in addition to an Accelerated Death Benefit for Chronic Illness Rider. In some cases, it may benefit your clients to choose both riders. Although both riders can’t be added to the same policy, your clients have the option to split a larger policy into two. And, only one application is needed – you just need to include instructions on the application regarding the client’s intent to split the policy. Take a look at the sales idea flyer to see a case study that shows
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).