Please be aware that Thrivent and their underwriting partners at LTCG will be off on Monday, September 5th for the holiday. #goldencareagent #thrivent #ltc
Read More
AZ, CT, DC, FL & IN: Get your applications in now!
Get your applications in now! As a reminder, the states of AZ, CT, FL, IN and the District of Columbia will receive the Enhanced EssentialLTC on September 2, 2022. Get your applications in now to use the current rates before then! Features For joint policies, when one insured passes away the premium will now decrease to an amount specified on the illustration and Policy Schedule for each person. The Waiver of Premium Rider for Home and Community Care Services is now built into the policy and premium when Comprehensive Coverage is selected. The 10-Year Premium Payment Option is now fully
Read More
Wednesday! | LTCi Pro Sales Strategies Webinar featuring Mike Johnson
Special Event! Learn to sell like the pros in this LTCi – Recipe for a Sale special event! Struggling to initiate the LTC conversation with clients? Having difficulty closing a sale and getting an application taken? LTC Expert Michael Johnson joins us to teach you how to sell like the pros Wed, Aug 31, 2022 10:00 AM to 10:45 AM CDT 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
Read More
FAST FACT | Need Help with a Client? Call in an Expert!
Fast Fact – Need Help with a Client? Call in an Expert! Need help with a client call? Plan design? Quoting? Questions? Advice? Our LTC Experts are standing by, schedule an appointment or call us in on the spot. We’ve got your back! Jeff Clark is here with the details! Have a great weekend and happy selling out there! Click Here to watch this Fast Fact If you’re already appointed through GoldenCare, but are not yet taking advantage of all we have to offer, call your Regional Director at 800-842-7799! #goldencareagent
Read More
ICYMI! Watch Jeff Clark’s Rate Adjustment Webinar
Rate Adjustments – How to Address Consumer Concerns If you’ve had questions from clients on rate increases or you just want to get ahead in case you do, Jeff Clark shows you how to address concerns. Click Here to watch Jeff Clark’s Rate Adjustment Webinar If you’re already appointed through GoldenCare, but are not yet taking advantage of all we have to offer, call your Regional Director at 800-842-7799! #goldencareagent
Read More
“Long-term care accounts for 54 percent of healthcare bankruptcies this year”
“Long-term care accounts for 54 percent of healthcare bankruptcies this year,” by Kathleen Steele Galvin, McKnight’s Senior Living Quote: “Bankruptcies in the healthcare industry are trending up by more than 25% this year, and 54% of them have happened in senior living and other long-term care settings, particularly in skilled nursing facilities, according to data released by Gibbins Advisors. The experts expect the numbers to accelerate through 2023.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: So naturally CMS is piling on more regulations, cutting reimbursements, and demanding more “value” from long-term care providers.
Read More
“7 Reasons New York’s $26M John Hancock LTCI Action Matters for Advisors”
“7 Reasons New York’s $26M John Hancock LTCI Action Matters for Advisors,” by Allison Bell, ThinkAdvisor Quote: “State Medicaid could start to go after insurers and other financial services companies that fail to live up to agreements with people who end up using Medicaid to pay nursing home bills. New York state insurance regulators raised that possibility last week, when they announced a $26.3 million consent agreement with Manulife’s John Hancock unit.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Good luck with that! Medicaid will need to do a much better job than it has with
Read More
“Updated numbers on people exempted from state’s long-term-care program and payroll tax”
“Updated numbers on people exempted from state’s long-term-care program and payroll tax,” by Elizabeth Hovde, Washington Policy Center Quote: “As of Monday, Aug. 15, the Employment Security Department reports the following WA Cares exemption numbers: Total opt-out requests submitted: 478,781 Total opt-out requests processed: 478,681 Total opt-out requests approved: 475,072 Applications processed as a percentage of total: 99.98%” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Looks like a slam dunk to get your opt out request approved. Subscribe to GoldenCare News
Read More
“Over 50% Of Generation X Can’t Afford To Help Their Senior Parents”
“Over 50% Of Generation X Can’t Afford To Help Their Senior Parents,” Advisor Magazine Quote: “To learn exactly how Gen X adult children are feeling about their parents’ financial state, AAG, a national leader in home equity solutions for seniors, conducted the Adult Children Survey with over 1,500 participants ages 40-55 who have senior parents. To read the full results of AAG’s Adult Children Survey, visit here.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Home equity to the rescue, just as we’ve long predicted. But that means Gen X inheritances will be subdued compared to the
Read More
“With new acquisition, Humana carves out larger slice of Medicaid pie”
“With new acquisition, Humana carves out larger slice of Medicaid pie,” by Diane Eastabrook, McKnight’s Home Care Quote: “Humana’s announcement last week to acquire Wisconsin managed care organization Inclusa moves the company deeper into the lucrative long-term care services and supports market for Medicaid beneficiaries, as well as beneficiaries dually eligible for Medicare and Medicaid. … Medicaid has become an increasingly attractive business for payers as increased federal funds during the COVID-19 pandemic encouraged states to expand their Medicaid programs. A temporary 10% increase in the Federal Medical Assistance Percentage (FMAP) will provide an additional $12.7 billion for states through March 2024. A recent report by the
Read More