“Assisted Living Facilities Pressed to Address Growing Needs of Older, Sicker Residents”

“Assisted Living Facilities Pressed to Address Growing Needs of Older, Sicker Residents,” by Judith Graham, Kaiser Health News Quote: “Assisted living communities too often fail to meet the needs of older adults and should focus more on residents’ medical and mental health concerns, according to a recent report by a diverse panel of experts. It’s a clarion call for change inspired by the altered profile of the population that assisted living now serves. Residents are older, sicker, and more compromised by impairments than in the past: 55% are 85 and older, 77% require help with bathing, 69% with walking, and 49% with
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Categories: Clippings and Industry News.

End of the Year Office Closings & 2022 End of Year Pay Dates

Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Monday, December 26th, 2022, and Monday, January 2, 2023. Below are the cut-off dates and times and the adjusted pay schedules for Monday, December 26th, 2022. Holiday Pay Calculation Schedule Med Supp E-App & All Life Cutoff 3:00 PM Health Cutoff 3:00 PM Long Term Care Cutoff 3:00 PM Direct Deposit (EFT) Available Monday 12/26/2022 Tuesday 12/27/2022 Tuesday 12/27/2022 Tuesday 12/27/2022 Friday 12/23/2022 Friday 12/30/2022   Below are the cut-off dates and times and the adjusted pay schedules for Monday, January 2nd, 2023. Holiday
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Categories: Accident Insurance, Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Take a ‘Wild’ Guess: An Exciting Announcement

Mutual of Omaha is turning the corner with the 134th Tournament of Roses Parade! You may remember last year’s entry, which took home the “Director’s Award,” and featured a series of “florographs.” This year’s float theme is “Protecting the Wild,” which ties into Mutual of Omaha’s Wild Kingdom “Protecting the Wild” video series with new episodes airing in January 2023. How & Where to Watch 134th Tournament of Roses Parade January 2, 2023 8 a.m. PST Where to watch information What You’ll See The float will feature two black bear cubs in their Pacific Northwest home with multiple furry friends.
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Advanced Markets Minute – December 2022

LTC Self-Insurance or Self-Delusion? Welcome to the Advanced Markets Minute in both print and audio form. Today’s article is called “LTC Self-Insurance or Self-Delusion?” Listen Now   When it comes to planning for long-term care expenses some clients say they would rather self-insure, or in other words, pay the cost of care themselves. They probably don’t self-insure against auto accidents, home fires, or medical costs, but somehow self-insuring against the risk of needing long term care makes sense to them. Many who say that may not understand what the actual cost of long-term care will be and, in reality, cannot
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Med Supp Broker Bonus – Increased Up To $250 We’ve increased our Broker Bonus compensation for Med supp sales.   Avoiding Processing Delays on the Med Supp e-App To avoid e-App processing delays, be sure to properly attach documents to the Med supp e-App.   2023 Materials Now Available You can download or order the 2023 Medicare supplement materials, today.   Prescription Drug Plans: New Low-Cost Prescription Drug Plan Mutual of Omaha Rx Essential prescription drug plan is commissionable and offers low a monthly premium.   #goldencareagent
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Inforce LTCi Rate Adjustments Effective March 1, 2023

Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. We will be implementing the following inforce rate adjustments effective March 1, 2023*: Impacted Policy Forms Impacted States LTC04G District of Columbia, Kansas, Montana LTC04I7 District of Columbia, Kansas, Montana, Virginia LTC04I District of Columbia, Kansas, Montana, Virginia LTC09M District of Columbia, Kansas, Montana, Virginia LTC09U District of Columbia, Kansas, Montana, Virginia LTC06UI District of Columbia, Kansas, Montana, Virginia LT50, NH50, HCA, NHA and LTA Ohio   * The state of
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

NGL EssentialLTC – Upcoming Holiday Hours

Upcoming Holiday Hours NGL’s administrative office will be closed during the following times: Friday, December 23 – Office closing at 1:00 p.m. PST Monday, December 26 – Office closed Monday, January 2 – Office closed We wish you and your family a happy and healthy holiday season.   For agent inquiries contact your dedicated NGL Agent Services Team at 888.505.2332 or status@ngl-essentialltc.com. For sales questions contact the NGL Long-Term Care Sales Team at LTC@nglic.com.     #goldencareagent #ngl
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Thanks for a great 2022

Thanks for a great 2022 We know you have choices when it comes to placing business. Mutual of Omaha is always looking for new ways to continue being one of the best carriers to do business with, and here are some of the ways we did that in 2022: Significantly increased dental compensation Introduced a new low-cost prescription drug plan Expanded competitive Medicare supplement rate blocks in 11 states Supported your sales efforts with attention-grabbing marketing and prospecting items; including, ready-to-use social media content, easy-to-understand producer and consumer videos, and redesigned Med supp and dental materials Thank you for your
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Asset Care annuity withholding process update due to IRS guidelines

New withholding process for Asset Care annuities effective 12/10/2022 Jan. 1, 2023 in all states, IRS guidelines around taxable distributions from retirement plans and annuities will change, requiring a modification to our application process affecting our Asset Care Annuity Funding Whole Life option, as well as Asset-Care II/III (California). Starting 12/10/2022, this guideline change will necessitate collection of a new “Statement of Understanding – Withholding” form as well as IRS Form W-4P to indicate the policyholder’s future withholding preference prior to issue. Please view the video above to learn about this process change.   If you have any additional questions,
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Creating Income Protection Strategies for Veterinarians

From clinics to zoos, veterinarians are trusted caretakers for some of the most vulnerable. Take a closer examination of the occupation and the opportunity to provide a disability income protection solution. Why Small Animal Vets Occupation has a median income of $93,830 Job outlook through 2028 suggests 18% growth (faster than average) for the occupation May be eligible for discounts How and Where to Approach Small Animal Vets Review your current book of business to look for veterinarian clients who don’t have individual DI coverage Reach out to local and regional association groups where veterinarians are likely to belong Use
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Categories: Disability Income Insurance, Industry News, and Mutual of Omaha (& Affiliates).