“Trump Officials Approve Tennessee’s Controversial Request To Revamp Medicaid Funding”

  “Trump Officials Approve Tennessee’s Controversial Request To Revamp Medicaid Funding,” by Phil Galewitz, NPR Quote: “Instead of the open-ended federal contribution to the funding of Medicaid in all other states — which increases with higher enrollment and associated health costs — Tennessee will instead get a capped amount of money, via an annual block grant. The annual funding cap will increase if enrollment grows. What’s different is that, unlike with other states, Medicaid funding to Tennessee won’t automatically keep up with rising expenses.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Once the new Administration
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Categories: Clippings and Industry News.

“New Analysis Finds Significant Financial Benefits Locked in Long-Term Care Insurance Policies Sold Fifteen to Twenty-Five Years Ago”

  “New Analysis Finds Significant Financial Benefits Locked in Long-Term Care Insurance Policies Sold Fifteen to Twenty-Five Years Ago,” by ATI Advisory, Cision PR Newswire Quote: “ATI Advisory, a research and advisory services firm working to transform the delivery of healthcare and aging services for older adults, and LeadingAge LTSS Center @UMass Boston released new analysis that shows significant benefit value contained in private long-term care insurance policies in force today. … ‘We estimate that among individuals who bought policies between 1995 and 2005, nearly $800B in benefit value is available to pay for LTSS expenses. To put this in context, in 2016,
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Categories: Clippings and Industry News.

Humana’s Q1 2021 Incentive: A Unique Opportunity To Achieve

Producers can earn up to $300 per issued Humana Achieve Medicare Supplement policy depending on the underwritten mix with the Humana Achieve Underwritten Business Bonus. Pays on all policies on the following payout schedule 40%-49% Underwritten ⇒ $50 per issued policy 50%-59% Underwritten ⇒ $100 per issued policy 60%-69% Underwritten ⇒ $200 per issued policy 70% + Underwritten ⇒ $300 per issued policy   Qualify with just three approved applications — regardless of underwriting class. Valid January, February and March.   Humana’s Q1 2021 Incentive: A Unique Opportunity To Achieve     #goldencareagent #medicare #aep
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Categories: GoldenCare News, Humana, Industry News, and Medicare Supp./Adv..

Lumico’s benefits are clear. So are the rewards

∞ NO LIMIT TO HOW MUCH YOU EARN $150 PER UNDERWRITTEN MED SUPP $50 PER NON-UNDERWRITTEN MED SUPP   Qualify with just three applications in a month. Valid January, February and March.   Lumico’s benefits are clear. So are the rewards (Q1 2021)   Lumico — Insurance Made Clear.   #goldencareagent #lumico
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Administrative Alert! Changes to Indexed Life Portfolio

Administrative Alert! Changes to Indexed Life Portfolio Due to the continuing economic impact of the COVID-19 pandemic, it is necessary to reduce cap rates and participation rates on some of the accounts within our Indexed Universal Life product portfolio. These changes will take effect for all premium received and new indexed segments created after Friday, January 15, 2021. All premium received on or before January 15 for approved and existing policies will have current rates applied. Illustrations will be updated January 15, 2021. Many considerations go into determining the cap and participation rates – and we want to make sure
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Categories: Industry News, Life Insurance, and Securian.

Understanding your Exposure with Telephone Solicitations

Telephone solicitations are an important aspect of insurance marketing. Unfortunately, this has become a high-risk endeavor. The Telephone Consumer Protection Act of 1991, better known as the TCPA, was enacted to protect consumers from unwanted telemarketing calls and faxes. It imposes liability in the form of regulatory fines and incentivizes private plaintiffs to pursue claims with statutory damages of $500 to $1,500 per call, with no limit. Attorneys’ fees for defending TCPA actions can easily reach hundreds of thousands of dollars and multi-million dollar settlements are, unfortunately, a common occurrence. Agents and brokers are expected, and contractually required, to act
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Errors and Omissions Insurance Reminders

Mutual of Omaha and its affiliates (United of Omaha and United World) require Errors and Omissions Insurance in the amount of $1 million (per claim) prior to selling the following insurance products: • AccumUL Answers • Term Life Answers • Income Advantage IUL • Life Protection Advantage IUL • Bonus Flexible Annuity • Ultra Secure Plus • Income Access • Ultra-Income product • Critical Illness (aka Critical Advantage) • Disability • Long-Term Care • Prescription Drug Plans As a GoldenCare producer, you have the ability to get this valuable coverage at a discount! Check out our Errors and Omissions and
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Thrivent LTC: Enhancements to e-App

Thrivent e-App Enhancements Thrivent has updated their e-App to reflect changes to the Illustration software, revisions to forms, and to simplify data input. These updates include: Agent ID is now required to submit an e-App: An application can no longer proceed without a Thrivent producer code. Personal Worksheet: Premium amount from the illustration auto input to the Personal Worksheet (Form 27156). Updated HIPAA form Couples Discount: Simplified interface (removal of dropdown) + Shared Care Rider now changes when updated in illustration Membership Application: The “Church Name” field is optional New Thrivent brand featured on Printed Output / PDF of applications
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Categories: Industry News, Long-Term Care, and Thrivent.

Foreign National Questionnaire Now on iPipeline e-Apps

You are no longer required to submit a paper application if your client is a non-US citizen. The required Foreign National Questionnaire is now built into our iPipeline e-App for most products! Here’s what you need to know: Available on iPipeline e-App’s for: Indexed Universal Life Express (IULE) Term Life Express (TLE) Guaranteed Universal Life Express (GULE) Term Life Answers (TLA) AccumUL Answers Income Advantage IUL Life Protection Advantage IUL Who does this affect: Clients who are non-US citizens Make sure your client has the following ready in order to complete the Foreign National Questions: Visa Permanent Resident Card If
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Save Time and Use an e-Application

The Critical Advantage℠ Portfolio e-Application is easily accessible on Sales Professional Access (SPA) under the Electronic Applications link. Take advantage of this convenient and fast way to submit your applications for Critical Illness, Cancer and Heart Attack and Stroke products. Reasons to Use the e-Application Allows you to quote a premium and complete an application at the same time You’re always using correct forms and your applications are completed in good order Provides a paperless “green” experience Simple e-signature process Auto-save functionality A dashboard shows all applications in process Saves time- assures application is in good order at the time
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).