“Poorly controlled diabetes — not diabetes itself — triples dementia risk, study finds,” by Alicia Lasek, McKnight’s LTC News Quote: “The odds of developing full dementia among older adults with cognitive impairment triples when diabetes is poorly controlled — but diabetes itself is not a factor in progression, a new study has found.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: An important distinction that underscores the importance of behavioral factors in avoiding dementia. Subscribe to GoldenCare News
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“Washington state receives 95,000 exemption applications to new long-term care benefit in first week”
“Washington state receives 95,000 exemption applications to new long-term care benefit in first week,” by Alex Regimbal, Seattle PI Quote: “Between Oct. 1 and Oct. 8, the WA Cares Fund received roughly 95,000 exemption submissions, said Nick Demerice, the legislative affairs director for the state Employment Security Department. The first day workers could apply for an exemption was Oct. 1. The benefit is funded by a new payroll tax, which takes effect January 1, 2022. Nearly all Washington employees are subject to the tax, which is 0.58% of a worker’s total wages with no salary cap. That means an employee
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LTC New Business Rate Refresh and Benefit Changes for Additional States (NY, MT)
As a leading long-term care insurance carrier, Mutual of Omaha has a responsibility to our policyholders and distribution partners to ensure our pricing strategy and product offerings are in line with industry trends, internal claims data and the economic environment. Last year, Mutual of Omaha began implementing new rates and benefit option changes to the MutualCare® Solutions Portfolio in approved states. Effective November 1, 2021, we will be implementing these changes in two additional states. Impacted States Montana and New York Rate Adjustments Premium adjustments may vary by age, sex and benefit selection. You may view the new rates by
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Be Ready for Selling Season – Important Reminders
We’re glad to work with agents like you who are committed to using their expertise to help customers through the challenging task of finding health insurance and supplemental coverage. As we enter the peak selling-season of the year, we wanted to remind you of a few important sales practices to help protect you and your book of business. As shared in the Chesapeake/SureBridge “Sale Practice” and “Ethics & Compliance” trainings: Only you, as a licensed and appointed agent with Chesapeake, can: Sell, solicit or negotiate business on behalf of Chesapeake/SureBridge, Conduct sales (product) presentations, and Assist your customers with the
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Administrative Alert: Suspension of informal life applications
Informal applications suspended until further notice It has been quite a year and we are so thankful for the business we’ve received from you. As part of a multi-step effort to manage to the aggressive New Business and Underwriting service standards we have for formal business, Securian Financial will be suspending review of informal life applications until further notice. All informal applications received during this time will be cancelled and the file will not be retained for future review. We understand this may cause some frustration, but we remain committed to delivering high levels of service on formal business. We
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GoldenCare Newsletter | October 11, 2021
Read Full GoldenCare Newsletter, October 11, 2021 Edition We’re making it easier than ever to get a hold of us and have your favorite tools available at your fingertips! Click here to DOWNLOAD our electronic business card, and enter to win one of TEN $100 Amazon.com Gift Cards! In this GoldenCare Newsletter Edition From GoldenCare: Our Guest Article in this edition “Long-term care’s problems are bad and getting worse — but fixable,” by Stephen A. Moses, McKnight’s LTC News SPECIAL: Mutual of Omaha Medicare Product Solutions TODAY Join Jeff Clark for a QuickStart crash course to
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PROMO TIME! Here’s An Incentive To Drive Your Omaha LTCi Sales
Introducing GoldenCare’s Q4 2021 LTCi Sales Incentive Growth drives us… Those who grow the most, earn the most! Based on your QUALIFYING PERIOD* production, we’ll pay a CASH BONUS for each qualifying LTC applicant you write with Mutual of Omaha between October 1st and December 31st! The greater your production growth, the larger your Cash Bonus! Click here for complete promotion details. #goldencareagent
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Our Second Winner Announced – GoldenCare’s Contact Card Drawing!
Download our GoldenCare Contact Card to quickly access our team for personal service and for access to your favorite tools at your fingertips from your phone or device! DOWNLOAD NOW! Plus We’re giving away TEN $100 Amazon.com Gift Cards! Enter to win our drawing right on the contact card! Questions? Call our GoldenCare Marketing Team at 800-842-7799! #goldencareagent
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“Nursing Facilities Need to Weather the ‘Reimbursement Storm”
“Nursing Facilities Need to Weather the ‘Reimbursement Storm’ of Medicare Advantage,” by Amy Stulick, Skilled Nursing News Quote: “With Medicare Advantage revenue “significantly lower” than fee-for-service reimbursement, a new Zimmet Healthcare Services Group analysis says, skilled nursing facilities need to weather today’s “reimbursement storm” in order to make it to the incoming wave of baby boomers that will need facility services.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Medicaid reimbursement rates were already less than the cost of providing the care. With Medicare Advantage in the mix there is another filter screening out revenue
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“Medicaid’s safety net for pregnant women”
“Medicaid’s safety net for pregnant women,” by Bob Herman, Axios Quote: “Fewer women are uninsured (10.5%) nationally than men (13.4%), due in large part to Medicaid providing pregnancy coverage for low-income women. By the numbers: 16.1% of women are on Medicaid, compared with 12.7% of men, according to census data analyzed by the Kaiser Family Foundation. Yes, but: Large swaths of the South still have restrictive Medicaid coverage or didn’t expand Medicaid under the Affordable Care Act, leaving 1 in 5 women without insurance in states like Oklahoma and Texas. And while Medicaid pays for 43% of all births, that coverage can be short-lived
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