“Covid-19 Vaccination Costs to Strain State Medicaid Programs”

August 25, 2020 | by | Comments Off on “Covid-19 Vaccination Costs to Strain State Medicaid Programs”

“Covid-19 Vaccination Costs to Strain State Medicaid Programs,” by Jacquie Lee and Christopher Brown,Bloomberg Law Quote: “The Families First Act prevents states from tightening eligibility rules or terminating members during the public health emergency. But policy makers looking to save money could still opt to reduce payments to health-care providers or cut optional Medicaid benefits.”     LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): This policy, called “maintenance of effort,” is very counterproductive. To save money by cutting provider reimbursements, which are already too low, while maintaining huge eligibility loopholes for Medicaid long-term care eligibility
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Categories: Clippings and Industry News.

Rate Adjustments Effective November 1, 2020

August 24, 2020 | by | Comments Off on Rate Adjustments Effective November 1, 2020

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective November 1, 2020: Block of Business Impacted States LTC04G North Carolina and Illinois   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, and United of Omaha.

Rate Adjustment Effective December 1, 2020

August 24, 2020 | by | Comments Off on Rate Adjustment Effective December 1, 2020

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. To fulfill this commitment, we actively monitor emerging industry trends and make any adjustments necessary that enable us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective December 1, 2020: Block of Business Impacted States LTC04G Rhode Island   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder Notification Process Policyholders will
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: insurance, Long-Term Care, long-term care insurance, LTC, LTCi, mutual of omaha, omaha, and United of Omaha.

System Maintenance This Weekend

August 24, 2020 | by | Comments Off on System Maintenance This Weekend

Beginning this Saturday evening we will be completing required system maintenance to our servers. During the maintenance window Sales Professional Access and iPipeline e-Application will be inaccessible. The planned outage will last 7:00 p.m. (CST) Saturday, August 29, 2020 through 7:00 a.m. (CST) Sunday, August 30, 2020. For consideration of additional time zones, the outage window will be: Eastern – 8:00 p.m. Saturday through 8:00 a.m. Sunday Mountain – 6:00 p.m. Saturday through 6:00 a.m. Sunday West Coast – 5:00 p.m. Saturday through 5:00 a.m. Sunday After the brief outage you will be able to access Sales Professional Access and
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: e-App, e-Application, electronic application, Income Advantage, Income Advantage IUL, insurance, iPipeline, IUL, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, mutual of omaha, omaha, and United of Omaha.

WinFlex Tip: Navigating an IUL Illustration Using the New Illustration Contents Menu

August 24, 2020 | by | Comments Off on WinFlex Tip: Navigating an IUL Illustration Using the New Illustration Contents Menu

Have you spent time looking at the new IUL illustrations that were introduced in July? There were many new features, including a complete redesign to improve the look, updates to the language to make it more client-friendly, a Your Policy Highlights section that gives clients a quick overview of the key benefits, and new table layouts to make the ledgers easier to read. One enhancement that you may not have noticed is the new Table of Contents. While a Table of Contents may not seem like a ‘wow’ feature, it can definitely help you quickly navigate to where you need
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).
Tags: contents, contents menu, illustration, Income Advantage, Income Advantage IUL, indexed universal life, insurance, IUL, Life Insurance, Life Protection Advantage, Life Protection Advantage IUL, mutual of omaha, and omaha.

LTC Sales Ideas

August 24, 2020 | by | Comments Off on LTC Sales Ideas

Mutual of Omaha is laser-focused on helping you understand the features that set our products apart from the competition. Be prepared to discuss these important differences with your clients by reviewing the sales ideas below: Care Coordination We include a care coordination benefit to make it easy for policyholders to develop a plan of care and access LTC services. Cash Benefit Our policies include built-in cash benefit option that gives the insured greater flexibility in how policy benefits can be used. Calendar-Day Elimination Period Our policies include a calendar-day elimination period that allows people to access benefits of their policy
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: calendar-day elimination period, care coordination, cash benefit, elimination period, inflation protection, insurance, Long-Term Care, long-term care insurance, LTC, LTC Conversation, LTC Planning, LTCi, mutual of omaha, omaha, sales idea, and sales ideas.

How to Safely Conduct Business

August 24, 2020 | by | Comments Off on How to Safely Conduct Business

As we shared with you earlier this year, Mutual of Omaha continues to focus on providing information and recommendations to help protect the health and safety of our associates and ensure uninterrupted service to our customers and you. We are all encouraged to do our part to slow the spread of the coronavirus by social distancing, practicing good hygiene and following the CDC guidelines in the areas and states where you do business in. Below are Health and Safety guidelines to help provide a safe way to conduct business. Opt for video meetings or phone calls when possible. Avoid in-person
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Categories: COVID-19, Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
Tags: Coronavirus, COVID-19, critical illness, disability, disability income, insurance, life, Life Insurance, Long-Term Care, long-term care insurance, LTC, LTCi, Medicare Supplement, Medigap, mutual of omaha, omaha, and United of Omaha.

Medicare Solutions – Omaha Family of Companies

August 24, 2020 | by | Comments Off on Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustment View upcoming rate adjustments for Arkansas and Pennsylvania.   2020 September Rate Release View upcoming rate releases for Idaho, Maine, and North Carolina, effective September 1, 2020.   New Rates for Plan F Business View upcoming rate release for Michigan and North Carolina, effective September 1, 2020.   2020 Med Supp and Dental Marketing Credits Program It’s like money in the bank! It is just another great incentive Mutual of Omaha offers producers for writing Med supp and Dental business. See how you can benefit from earning Marketing Credits.   Dental: Dental Rate Adjustment and
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Categories: Dental, Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).
Tags: Dental, dental insurance, insurance, medicare, Medicare Advantage, mutual of omaha, omaha, Omaha Insurance, Omaha Supplemental Insurance Company, OSIC, PDP, Prescription Drug Plans, and Rx.

Portfolio Overview

August 24, 2020 | by | Comments Off on Portfolio Overview

The products in the Critical Advantage Portfolio; Critical Illness insurance, Cancer insurance & Heart Attack/Stroke insurance, are designed with your client’s recovery in mind. Most people know someone who has been diagnosed with one of the conditions covered by the Critical Advantage products, so your clients understand the need for this coverage. All products offer a lump-sum payment upon diagnosis that can used for any out-of-pocket expense they may have. Expenses such as high insurance deductibles, replacing lost income or travel for specialized treatment. Our Critical Advantage Portfolio offers: Flexible benefit amounts ranging from $10,000 to $100,000 Coverage for individual(s),
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).
Tags: CHS, CI, critical advantage, critical illness, e-App, e-Application, insurance, Lump Sum, Lump Sum Cancer, Lump Sum Cancer Heart Stroke, mutual of omaha, and omaha.

Case Study: A New LTC Producer Uses Underwriting Tools to His Advantage

August 24, 2020 | by | Comments Off on Case Study: A New LTC Producer Uses Underwriting Tools to His Advantage

Don is a new long-term care insurance agent based in St. Louis. As he learns the industry and product, Don has found it useful to carry the MutualCare® Solutions Underwriting Guide as an aid while screening clients. Recently, Don was working with a 65-year-old male applying for the Custom Solution. Having already familiarized himself with the build chart before the meeting, Don knew to quote no better than Class 1 based on the client’s height and weight. However, during the prescreen Don learned of a pre-diabetes diagnosis. Unsure how to proceed, Don consulted the Underwriting Guide. Under “Diabetes” the guide
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).
Tags: case study, Long-Term Care, long-term care insurance, LTC, ltc underwriter, ltc underwriting, LTCi, mutual of omaha, omaha, prescreen, and Underwriting'.