“What to Consider Before Moving a Parent Into Assisted Living During COVID-19”

“What to Consider Before Moving a Parent Into Assisted Living During COVID-19,” by Andrea Cooper, Next Avenue   Quote: “Moving a parent into assisted living is an emotional decision in normal times. These days, families have to make especially complex calculations in the shadow of a virus that’s proven especially lethal for elders. About 45% of all COVID-19 deaths in the U.S. have occurred in long-term care facilities, according to The Kaiser Family Foundation. Most of the widely reported outbreaks have been in nursing homes, which differ substantially from assisted living communities. … Concerns about moving into assisted living in 2020
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“The Road Map to Maximizing Long Term Medicaid Coverage During the COVID-19 Emergency”

“The Road Map to Maximizing Long Term Medicaid Coverage During the COVID-19 Emergency,” by Nancy Levitin and Gregory Choi, Provider   Quote: “For now, applicants and their representative need only attest to the fact that the financial eligibility criteria of New York’s Medicaid program are met to qualify for medical assistance. Facility representatives can now sign applications on behalf of their residents and simply note that they are signing ‘due to the COVID-19 Emergency.’ … Any loss of Medicaid eligibility during the COVID-19 Emergency should be challenged, and a request made for coverage to be retroactively restored. … Additionally, the CARES Act
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“COVID-19 pandemic encourages consumers to plan for long-term care: survey”

“COVID-19 pandemic encourages consumers to plan for long-term care: survey,” by Kimberly Bonvissuto, McKnight’s Senior Living   Quote: “The COVID-19 pandemic served as a wake-up call to Americans about their mortality, inspiring three out of four adults to make changes for a better future — including saving to pay for future long-term care in the setting of their choice, according to a new Genworth Financial survey. Genworth’s COVID-19 Consumer Sentiment Survey of 1,000 adults aged 18 or more years from across the country looked at the effects of COVID-19 on Americans’ lives and what they think about long-term care and financial security.
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“Misconceptions about Paying for Long-term Care Part 2 of 3”

“Misconceptions about Paying for Long-term Care Part 2 of 3,” by Tammy Weber, Marshall, Parker & Weber, LLC   Quote: “Misconception #2:  “The nursing home takes my residence if I want Medicaid” The personal residence is considered an exempt resource for Medicaid purposes as long as the Medicaid applicant expresses an intent to return to that residence and the equity value of the residence does not exceed $595,000.00 (2020), or the applicant’s spouse or dependent relative lives in the residence and the equity value is below the maximum amount.  An exempt resource means that the value of the residence is
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Categories: Clippings, Industry News, and Long-Term Care.

“HHS to distribute $25B for Medicaid, safety-net providers”

“HHS to distribute $25B for Medicaid, safety-net providers,” by Elise Reuter, MedCity News   Quote: “The Department of Health and Human Services will distribute another $25 billion in funding to healthcare providers, with an emphasis on helping facilities that serve low-income patients. The agency will distribute $15 billion to providers that participate in Medicaid and CHIP programs, and another $10 billion to safety-net hospitals.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Thank goodness the government has plenty of money to spend for this purpose. Imagine if we borrowed huge sums like this, but had to
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Categories: Clippings, Industry News, and Long-Term Care.

“What Albany did to seniors when we weren’t looking”

“What Albany did to seniors when we weren’t looking,” by Sanford R. Altman, Times Herald-Record   Quote: “For the first time ever, Community (Homecare) Medicaid will have its own look back period. That’s 30 months of financials to submit even if it may only cover a few hours of homecare a day.  And if it takes months for approval instead of the weeks it formerly took, you will not get care from any private homecare agency while you are waiting. You will be on your own for as long as it takes.” LTC Comment (from Stephen A. Moses, President, Center for
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Categories: Clippings, Industry News, and Long-Term Care.

Our new brand | Thrivent

Our new brand We are transforming the way we do business, including our brand, to ensure we’re continuing to put our clients at the center of everything we do, and that the experiences you have with Thrivent are better than ever before – from a redesigned website, to new digital tools and streamlined processes that will make things easier for you. Our new brand reflects our fundamental purpose as an organization: we believe humanity thrives when people make the most of all they’ve been given. We’ve also refined our promise to you: we’re here to help you achieve financial clarity,
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Categories: Industry News, Long-Term Care, and Thrivent.

Important Announcement | LTC Issue Age Restriction Lifted in Select States

Important Update Mutual of Omaha Lifting LTC Issue Age Restriction in Select States As the stay-at-home orders begin to lift and local businesses start to reopen, we are happy to announce that Mutual of Omaha is also lifting some restrictions on LTC applications where the ability to obtain face-to-face interviews has improved. With this good news, beginning June 15, 2020, Mutual of Omaha will accept LTC applications for clients age 65 and over in the following states: Alabama, Alaska, Arizona, Arkansas, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Louisiana, Maryland, Mississippi, Missouri, Montana, Nebraska, Nevada, North Dakota, Oklahoma,
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

LTC Issue Age Restriction Lifted in Select States

From the Desk of Marty Johnson As the stay-at-home orders begin to lift and local businesses start to reopen, we are happy to announce that Mutual of Omaha is also lifting some restrictions on LTC applications where the ability to obtain face-to-face interviews has improved. With this good news, beginning June 15, 2020, Mutual of Omaha will accept LTC applications for clients age 65 and over in the following states: Alabama, Alaska, Arizona, Arkansas, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Louisiana, Maryland, Mississippi, Missouri, Montana, Nebraska, Nevada, North Dakota, Oklahoma, South Carolina, South Dakota, Tennessee, Texas, Utah,
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Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Good News | Now Available! 2019 Cost of Care Data to Support Your LTCi Sales

  Updated LTC Cost of Care Numbers With the rising costs for long-term care services, how can your clients afford not to have long-term care insurance? Having the latest Cost of Care data helps to establish the need for long-term care insurance, but it can also provide peace of mind in knowing their policy will effectively cover those costs. View Mutual of Omaha’s Cost of Care Study → View LTC Cost of Care Calculator → With these statistics, the evidence is clear: long-term care insurance is essential to protect the financial future of your clients and their families. Join a
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).