TOMORROW! – Benefit-Rich Traditional Long-Term Care Solution

Special guest, Craig Roers from Thrivent will share why this product is one of the most exciting offerings he’s seen in his 22 years focusing on Long-Term Care. Wed, July 8, 2020 2-2:45 p.m. CDT   Questions or help registering? 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 Thrivent.

“State Regulators May Form LTCI ‘Rate Hike v. Reduced Benefits’ Panel”

“State Regulators May Form LTCI ‘Rate Hike v. Reduced Benefits’ Panel,” by Allison Bell, ThinkAdvisor   Quote: “State insurance regulators may look harder at the options long-term care insurance (LTCI) issuers present when giving policyholders a choice between big premium increases or reduced benefits. The Long-Term Care Insurance Task Force is thinking about setting up an LTCI Reduced Benefit Options Subgroup.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): The government is coming to help you.      
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Categories: Clippings, Industry News, and Long-Term Care.

“COVID-19 has not changed consumer sentiment toward seniors housing: survey”

“COVID-19 has not changed consumer sentiment toward seniors housing: survey,” by Kimberly Bonvissuto, McKnight’s Senior Living   Quote: “The COVID-19 crisis has not changed consumer sentiment much toward independent living and assisted living, according to preliminary findings from a national survey. … Among survey respondents, 61% report no change in their opinion about independent living since the onset of the pandemic, although most who have changed their opinion (35%) report having a less favorable opinion. More than half (53%) of adult children surveyed report no change in their opinion of assisted living, although 36% report a less favorable opinion and
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“Coalition forms to oppose potential long-term care budget cuts”

“Coalition forms to oppose potential long-term care budget cuts,” by Michael Goldberg, Washington State Wire   Quote: “A group of Long-Term Care advocates in Washington State have formed a coalition in response to potential budget cuts to services utilized by senior citizens and people with disabilities. The coalition — which includes AARP, SEIU 775, Washington Health Care Association, Casa Latina, and several other organizations — formed after a budget reduction exercise conducted by the Office of Financial Management (OFM) indicated that as much as $220 million in cuts to aging and long-term care services could occur to help balance the state budget.” LTC Comment
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“OSHA blasted for inaction on COVID-19 pleas”

“OSHA blasted for inaction on COVID-19 pleas,” by Alicia Lasek, McKnight’s LTC News Quote: “Complaint logs reveal thousands of ‘desperate pleas’ to a workplace safety agency for protective gear by staff at nursing homes, hospitals and medical offices. Unfulfilled requests may have contributed to worker deaths, according to a new report. The Occupational Safety and Health Administration has logged more than 4,1000 COVID-related complaints since March. At least 35 healthcare workers died after the agency received safety complaints about their workplaces. But the agency had ‘quietly closed almost all of those complaints, and none of them led to a citation
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

Mutual of Omaha LTC Issue Age Restriction Lifted in Additional States

Mutual of Omaha LTC Issue Age Restriction Lifted in Additional States Mutual of Omaha is pleased to announce we are lifting restrictions for LTC applications age 65 and over in additional states effective July 6, 2020. Please refer to the Frequently Asked Questions document for a current list of all states and effective dates. Connecticut District of Columbia Illinois Massachusetts Michigan New Jersey New York Rhode Island We continue to evaluate lifting issue age restrictions for additional states. Until then, all states not identified must follow the guidelines and processes outlined in our temporary underwriting guideline communication. Reminder: Underwriters will
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Categories: COVID-19, GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Good News | Mutual of Omaha Can Make Your Summer a Little Cooler

  Mutual of Omaha Can Make Your Summer A Little Cooler Try our Critical AdvantageSM portfolio this summer and Mutual of Omaha will treat you to something cool! July 1 through August 31 — Earn Cash for Critical Advantage Apps! Critical Illness | Cancer | Heart Attack & Stroke Send us two or more Critical Advantage applications and you can earn an extra $150 to $500 in cool cash this summer! So, what are you waiting for? This is one delicious deal! Click Here for details   Questions? Call our Marketing Team at 800-842-7799! Don’t forget to subscribe to our
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

You’re Invited – July 8th Thrivent Long-TermCare Insurance!

Special guest, Craig Roers from Thrivent will share why this product is one of the most exciting offerings he’s seen in his 22 years focusing on Long-Term Care. Wed, July 8, 2020 2-2:45 p.m. CDT   Questions or help registering? 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 Thrivent.

“Long Term Care Insurance — Act Now!”

“Long Term Care Insurance — Act Now!,” by Terry Savage, TerrySavage.com Quote: “One of the most tragic aspects of the coronavirus pandemic is that as of June 3, 42% of all COVID-19 deaths in the U.S. have come from nursing homes or assisted-living facilities. The statistics reinforce every senior’s desire to remain at home in his or her final years, which is only possible if you have the resources to afford this very expensive home health care — or if you have long-term care (LTC) insurance. Otherwise, state Medicaid programs provide care for the impoverished, though mostly in institutions. Perhaps
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“Genworth Says Would-Be Buyer Is Having Trouble Closing on Financing”

“Genworth Says Would-Be Buyer Is Having Trouble Closing on Financing,” by Allison Bell, ThinkAdvisor   Quote: “Genworth Financial Inc. says China Oceanwide Holdings Group Co. Ltd. of Beijing is having trouble nailing down the financing it needs to pay to acquire Genworth. … Genworth and China Oceanwide said they will push the deal completion deadline back to Sept. 30, from June 30. … ‘We have overcome many hurdles during the past three and half years and continue to persevere because of the future value of Genworth to our vision of pursuing the significant opportunities for long term care (LTC) insurance
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Categories: Clippings, Industry News, and Long-Term Care.