Monthly modal premium factor lowered in Arizona and District of Columbia

Monthly modal premium factor lowered in Arizona and District of Columbia Effective November 20, 2020, the modal premium factor utilized to determine the monthly premium amount for EssentialLTC is being lowered in Arizona and the District of Columbia. The change will be from a current factor of .095 to a new factor of .0875. With this implementation, the monthly modal factor will now be .0875 in all states where EssentialLTC is available. The EssentialLTC State Variation document will be revised on November 20, 2020 to reflect this change.   View the Financial Strength Flyer   #goldencareagent #ngl
Read More

Categories: Industry News, Long-Term Care, and National Guardian Life.

Good partners grow with you

Good partners grow with you Our financial strength flyer highlights how our diverse product mix and history of financial strength and stability make NGL a go-to choice for Long Term Care insurance. EssentialLTC’s popular features are included in the flyer, showcasing how you can create a personalized policy within your client’s budget. Specializing in a suite of innovative products for life’s journey, we give people the financial stability, careful guidance and peace of mind to lead a life filled with confidence, dignity and grace. We are proud to serve our partners and policyholders through connection, collaboration and compassion.   View
Read More

Categories: Industry News, Long-Term Care, and National Guardian Life.

Larry Moore joins NGL as Regional Vice President – Individual Products

Larry Moore joins our long term care sales team We are pleased to welcome Larry Moore to the NGL long term care sales team as Regional Vice President – Individual Products. Larry has more than 30 years of LTCi experience and has been dedicated to approaching LTCi planning from an overall retirement and estate planning perspective. “I could not be more excited about my new opportunity with NGL,” shares Larry. “When I consider NGL’s position in the marketplace, I have not seen a better set of circumstances for any insurance carrier in many years. NGL is a robust and profitable
Read More

Categories: Industry News, Long-Term Care, and National Guardian Life.

Thanksgiving Office Closing

Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Thursday, Nov. 26, and Friday, Nov. 27, 2020, for the Thanksgiving holiday.   Thanksgiving Office Closing   #goldencareagent #mutualofomaha #thanksgiving
Read More

Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

LTC06UI, HCA and HCAR Rate Adjustments Effective February 1, 2021

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 February 1, 2021: Block of Business Impacted States LTC06UI Iowa and Oklahoma HCA, HCAR Florida   For a complete rate history, see the state approval grid on Sales Professional Access. Policyholder
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Everyone Loves a Good Story

Real People. Real Stories. The need for long-term care insurance becomes apparent when you see how it benefits real-life customers. These flyers are learning tools you can turn into powerful sales tools by describing how an LTCi policy helped both Mutual of Omaha policyholders and their families. Thomas’s Story Given a life expectancy of six months, Thomas used his policy to get home health care and hospice end-of-life services. View the Flyer   John’s Story After John suffered a stroke, his wife used the care coordination provision of the policy to help her locate adult day care. View the Flyer
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Time to Start the Conversation

It’s Time to Start the Conversation Helping clients plan for the future is what LTC Awareness Month is all about. Looking for tools to help begin these important conversations? We’ve got them. LTC Awareness Month Flyer It’s an introduction to the tools that can help you talk to clients about the need to plan for long-term care. Cost of Care Calculator Our online calculator allows you to illustrate how much your clients can expect to pay for LTC services. Video: Protecting the Things That Matter Most This consumer video highlights the need for LTCi. A handy flyer identifies the correct
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for Illinois and New Hampshire.   Dental: Dental Rate Adjustment and Multi-Policy Discount Missouri, South Carolina, and Tennessee have approved a Dental rate reduction and multipolicy discount.   Good News-Save on Your Dental Premium To help save your clients money, make sure you are pairing our Dental plans with Medicare supplement plans. Most states have approved the rate reduction and multi-policy discount.   Prescription Drug Plans: PDP E-Application Enrollment Process Learn how to properly fill out a Mutual of Omaha Rx Prescription Drug Plan e-Application, with a short instructional video.  
Read More

Categories: Dental, Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Good News | CMS Announces 2021 Copay & Deductibles

Good News!   CMS Has Announced The 2021 Copay and Deductibles   The Centers for Medicare and Medicaid Services (CMS) recently announced their 2021 Copay/Deductibles. Listed below are basic costs for people with Medicare.     2021 Copay/Deductibles     2020   2021 Part A Deductible $1,408 $1,484 Part B Deductible $198 $203   Part A Coinsurance     Days 61 — 90 $352 $371 Days 91 — 150  (Lifetime Reserve Days*) $704 $742   Skilled Nursing Home     Days 21 — 100 $176 $185.50   Standard Part B Monthly Premium   $144.60   $148.50     Click Here
Read More

Categories: GoldenCare News, Industry News, and Medicare Supp./Adv..

“COVID-19’s Deadly Lesson: Time To Revamp Long-Term Care”

  “COVID-19’s Deadly Lesson: Time To Revamp Long-Term Care,” by Deborah Gastfreund Schuss, Health Affairs Quote: “Among the many painful lessons COVID-19 has inflicted is this: Our approach to caring for the vulnerable among us has failed, with nursing home residents disproportionately stricken. It’s time to abandon our deeply entrenched and outdated views of long-term care in favor of a disruptive model that invests more heavily in quality home and community services such as leading-edge adult day health programs, each with rigorous standards. This will require a shift in funding that traditionally has skewed toward large institutional settings with shared
Read More

Categories: Clippings and Industry News.