Great news! Our Med supp Alabama rates are among the lowest

We did the research so you don’t have to. It’s hard to keep track of which carrier is lowest in Alabama when Med supp rates change monthly. To help you stay as up-to-date as possible, we ran rates for two of the most popular plans, Plans G and N. And what we saw was great news. What’s the news, you say? Our Medicare supplement comes in at a competitive position in Alabama. Check it out*! Carrier Plan G Plan N Omaha Insurance Company $99.49 $75.34 Average of Top Carriers $86.17 $91.09 * Sample rates as of 7/1/21 for age 67
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Great news! Our Med supp Mississippi rates are among the lowest

We did the research so you don’t have to. It’s hard to keep track of which carrier is lowest in Mississippi when Med supp rates change monthly. To help you stay as up-to-date as possible, we ran rates for two of the most popular plans, Plans G and N. And what we saw was great news. What’s the news, you say? Our Medicare supplement comes in at a competitive position in Mississippi. Check it out*! Carrier Plan G Plan N United World Life Insurance Company $95.09 $76.97 Average of Top Carriers $104.66 $68.52 * Sample rates as of 7/1/21 for
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Great news! Our Med supp Tennessee rates are among the lowest

We did the research so you don’t have to. It’s hard to keep track of which carrier is lowest in Tennessee when Med supp rates change monthly. To help you stay as up-to-date as possible, we ran rates for two of the most popular plans, Plans G and N. And what we saw was great news. What’s the news, you say? Our Medicare supplement comes in at a competitive position in Tennessee. Check it out*! Carrier Plan G Plan N United World Life Insurance Company $97.03 $70.69 Average of Top Carriers $99.34 $83.58 * Sample rates as of 7/1/21 for
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Important changes to Gerber Life Guaranteed Life in New York

Gerber Life announces changes to Guaranteed Life effective 08/11/2021   Product Changes Include: New Policy Form Numbers New York Effective 08/11/2021, the policy form number for Guaranteed Life in New York will change. For a list of policy form numbers and product state availability, click here. Please Note: Any applications received or issued after 08/11/2021 will be issued with the new policy. A cover letter stating there is an updated policy form number will be included in the policy kit for any prior version of the application. Premiums will stay the same.   Updated Applications and Marketing Material All applications
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Categories: Gerber Life, Industry News, and Life Insurance.

Suspension of Asset Care Sales in Washington State, effective Aug. 14

Suspension of Asset Care Sales in Washington State, effective Aug. 14 We have been monitoring the sales and regulatory environment created by the WA Cares Fund. It’s important for OneAmerica® to regularly assess risk to protect our ability to deliver on promises made today and long into the future. Accordingly, we have decided to temporarily suspend sales of our Asset Care product in Washington state effective Aug. 14, 2021.   New Business Submission Rules Beginning Aug. 14, 2021, Asset Care applications in Washington will no longer be accepted. All eApp or paper applications must be received in the Home Office
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

GoldenCare Newsletter | August 9, 2021

Read Full GoldenCare Newsletter, August 9, 2021 Edition In this GoldenCare Newsletter Edition From GoldenCare: Our Guest Article in this edition “Analyzing Long Term Care Insurance Prices,” Advisor Magazine   THIS THURSDAY! GTL’s Critical Cash Don’t miss the details about this breakthrough product in the fastest growing product line in America! • 4 Health Questions — Over 90% Issue Rate • Pays 1st-Day Upon Diagnosis — Lump-Sum Benefits OR Monthly Payments • Can Pay Multiple Times – Not One and Done • Pays Up To $5,500/Mos. Nursing Home – On Top of Basic Benefits Attend This Webinar To Find Out
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), National Guardian Life, and OneAmerica.

You’re Invited | Thursday! Get the jump on this breakthrough product your clients will love!

  Join us for this webinar and receive the Critical Cash Consumer Presentation, as well as the “Bucket Calculator” just for attending!     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, Guarantee Trust Life, and Industry News.

“Getting Old Is a Crisis More and More Americans Can’t Afford”

“Getting Old Is a Crisis More and More Americans Can’t Afford,” by Michelle Cottle, New York Times Quote: “To avoid forcing middle-class seniors to impoverish themselves, Medicaid eligibility requirements need to be loosened. Dramatically. But that would place even greater financial pressure on the already strained program and the government budgets that fund it. … In 2012, a broad cross-section of policy experts, consumer advocates and industry representatives formed the Long-Term Care Financing Collaborative to explore more sustainable funding models. The central recommendation of the group’s final report, issued in 2016, was the creation of a universal public insurance program.”  
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Categories: Clippings and Industry News.

“Should Medicaid protect $8 trillion from private senior living costs?”

“Should Medicaid protect $8 trillion from private senior living costs?,” by Stephen A. Moses, McKnight’s Senior Living Quote: “U.S seniors hold $8.05 trillion of home equity. Medicaid exempts between $603,000 and $906,000 of that wealth per person when determining financial eligibility for long-term care, the program’s most expensive benefit. That exemption is so high that scholars recently concluded ‘we estimate that nearly the entire elderly population would meet the home equity threshold.’ … Ever since the Omnibus Budget Reconciliation Act of 1993 (OBRA ’93), state Medicaid programs have been required to recover the cost of care provided from the estates, including home equity, of deceased recipients. …
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Categories: Clippings and Industry News.