“Key Takeaways: The Impact of COVID-19 on Social Security and Highlights from the Trustees’ 2020 Report”

“Key Takeaways: The Impact of COVID-19 on Social Security and Highlights from the Trustees’ 2020 Report,” by Chris Kaiser and Kara Watkins, Bipartisan Policy Center Quote: “What will COVID-19 do to Social Security’s finances? With so much economic uncertainty, the biggest financial impact is likely to be a reduction in the payroll taxes that fund most of Social Security. BPC modeled a number of different scenarios to project the impacts of recessions of varying depth and length over the coming months and years. As an example, if tax revenue to Social Security decreases by 15% for 2020 and 2021, this would bump
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Categories: Clippings, Industry News, and Long-Term Care.

“Algorithm Beats Experts in Alzheimer’s Diagnosis”

“Algorithm Beats Experts in Alzheimer’s Diagnosis,” by Art Jahnke, Futurity Quote: “The big takeaway, Kolachalama says, is that computers can accurately detect debilitating conditions such as Alzheimer’s disease using readily available data, such as an MRI brain scan. That suggests that such technologies have a wide-reaching potential, especially in resource-limited settings, where there is a paucity of clinicians with sufficient neurology expertise.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Automating underwriting?      
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Categories: Clippings, Industry News, and Long-Term Care.

“For Most States, At Least A Third Of COVID-19 Deaths Are In Long-Term Care Facilities”

“For Most States, At Least A Third Of COVID-19 Deaths Are In Long-Term Care Facilities,” by Vanessa Romo, NPR Quote: “Coronavirus fatalities in long-term care facilities have surpassed a grim threshold in much of the country, accounting for at least a third of the deaths in 26 states and more than half in 14 of those. The data, which was published by the Kaiser Family Foundation, reports tallies from a variety of care facilities, including nursing homes, adult care residences, and other skilled nursing care settings. However, it does not break out those categories separately.” LTC Comment (from Stephen A. Moses,
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“Genworth Aims to Line Up Backup Financing Options”

“Genworth Aims to Line Up Backup Financing Options,” by Allison Bell, ThinkAdvisor     Quote: “Genworth Financial Inc. hopes to be part of China Oceanwide Holdings Group Co. Ltd. of Beijing by June 30, but it intends to shop for other sources of financing, just in case. … Genworth also has $1.1 billion in debt coming due in 2021. China Oceanwide has been trying to acquire Genworth for about four years. … China Oceanwide and Genworth’s latest deal deadline extension gives Genworth the flexibility to seek other strategic options, McInerney said. … McInerney reported that, since 2012, Genworth has requested,
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Categories: Clippings, Genworth, Industry News, and Long-Term Care.

Integrity Marketing Group “Inspire” Series | SPECIAL EDITION

A little inspiration can take you a long way. Join Integrity Co-Founder & CEO Bryan W. Adams for the “Inspire” daily podcast, featuring experienced and talented leaders and guests from Integrity’s family of partners.    “SPECIAL EDITION” Joe Jordan Renowned speaker industry icon Joe Jordan offers insights about making the most of challenging times.  
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Categories: COVID-19, GoldenCare News, and Long-Term Care.

Giving Together While Staying Apart

Giving Together While Staying Apart As a company and through employee donations, Guarantee Trust Life Insurance Company raised over $82,000 to support the Greater Chicago Food Depository and over 20 other local food pantries. During these especially challenging times caused by COVID-19, GTL takes pride in and strives to strengthen our community by providing access to food for those in need.   Guarantee Trust Life Insurance Company | LinkedIn     #goldencareagent #gtl #covid19
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Categories: COVID-19, Guarantee Trust Life, and Industry News.

Get Your EssentialLTC Workplace Market Resources and Video HERE!

Resources & Handouts Worksite – LTCi for Almost Any Business Worksite – Process and Resources Exxecutive Carve-Out Flyer NGL’s 2020 LTCi Tax Summary Pre-Recorded NGL Worksite Training Click here to view the recording! To add NGL’s Long-Term Care product to your appointments: Existing Agents: – Complete this single-page contracting amendment. Brand New To GoldenCare? Complete our 7-page Contracting Made Easy packet.       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, Long-Term Care, and National Guardian Life.

You’re Invited! Official Product-Launch of Active Care On 5/19

Join us and special guest speaker, Mark Warnock, Regional Sales Director for Washington National, for introductory product training on Active Care! Click below to register: Tues, May 19, 2020 1:00 PM  to  2:00 PM CDT We’ll discuss Washington National’s background and highlight what makes them different, followed by an introduction to Active Care, details on niche markets & sales opportunities, why you should sell it, and a comprehensive overview of how the policy works. Active Care is available in all states except CT, NJ, NY, VA & WA. Questions? Call the GoldenCare Marketing Team at 800-842-7799! Don’t forget to subscribe
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Categories: GoldenCare News, Industry News, Long-Term Care, and Washington National.

“The Grim Post-COVID-19 Future For Nursing Homes”

“The Grim Post-COVID-19 Future For Nursing Homes,” by Howard Gleckman, Forbes Quote: “There has been a lot of focus on the impact of COVID-19 on people in nursing homes, but less attention so far paid to seniors and people with disabilities receiving long-term home and community-based services (HCBS), who also face serious issues. Some news reports recently have emerged about outbreaks in group homes for people with developmental disabilities and the impact on people who receive and those who provide home care. HCBS help with tasks such as bathing, dressing, and preparing meals. Medicaid is the primary payer for these services, financing 59% of HCBS
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“How Are States Supporting Medicaid Home and Community-Based Services During the COVID-19 Crisis?”

“How Are States Supporting Medicaid Home and Community-Based Services During the COVID-19 Crisis?,” by MaryBeth Musumeci, Kaiser Family Foundation Quote: “There has been a lot of focus on the impact of COVID-19 on people in nursing homes, but less attention so far paid to seniors and people with disabilities receiving long-term home and community-based services (HCBS), who also face serious issues. Some news reports recently have emerged about outbreaks in group homes for people with developmental disabilities and the impact on people who receive and those who provide home care. HCBS help with tasks such as bathing, dressing, and preparing meals. Medicaid is the primary
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.