Introducing Innovative Support and Cash Benefits to Family Caregivers through GTL’s Short-Term Home Health Care product! Guarantee Trust Life Insurance Company has enhanced our Short-Term Home Health Care product to also provide support and cash benefits for family caregivers provided by TCARE! New marketing materials are now available on GTLink! That’s not all… Home Health Care Aide Benefits have increased: Plan A – $50 per day Plan B – $100 per day Plan C – $150 per day The maximum benefit period for the Home Health Care aide benefit has also increased to 360 days! View NEW Product Brochure
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GoldenCare Newsletter | September 25, 2023
Read Full GoldenCare Newsletter, September, 2023 Edition In this GoldenCare Newsletter Edition From GoldenCare: MedicareCENTER Live Demo with Jon Mikolyzk Wed, Sept 27, 2023 10:00 AM to 11:30 AM CDT OmniFlex STC vs Traditional LTCi & Hybrid Plans Thurs, Sept 28, 2023 2:00 PM to 2:45 PM CDT Guest Article: “Long-Term Care Insurance Sales Rise at Some Carriers: A.M. Best,” by Allison Bell, ThinkAdvisor Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training. Stay up-to-date on the latest products and sales strategies. We’re making it easier than
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You’re Invited! OmniFlex STC vs Traditional LTCi & Hybrid Plans
Today’s STCi plans offer up to a year of benefits, with built-in Restoration. This can allow for Plan Maximums that compete against traditional LTCi and Hybrid policies — but for MUCH LESS COST! Join Jeff Clark as he shows how STCi may become your go-to solution for so many clients – complete with benefit and pricing comparisons! Thurs, Sept 28, 2023 2:00 p.m. Central Add this easy-to-sell product to your portfolio today! DEMO: Quote & Enroll using ManhattanDirect 2.0 OmniFlex is underwritten by Standard Life and Casualty – a ManhattanLife company. View Our Full Webinar Schedule
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Good News: Jump-Start Your OmniFlex STC Sales With This Agent Incentive
Need Another Reason To Get Appointed For OmniFlex STC? Here’s one: We are pleased to announce a special 1st App incentive! Now earn a $200 CASH BONUS for OmniFlex™ business written within 30 days of completing your appointment!* How easy is it to sell? Over the course of a short interaction, if you open the door, OmniFlex STC sells itself. Join us Tues., Oct 10th as Jeff Clark breaks down “How To Introduce STC” during client meetings and everyday conversations. Click Here for incentive details. #goldencareagent #manhattanlife #mac
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“More than half of older Americans will need long-term term care. Many can’t afford the rising cost”
“More than half of older Americans will need long-term term care. Many can’t afford the rising cost,” by Eva Rothenberg, CNN “People living in low-income communities are in danger of a slew of poor health outcomes such as chronic illness and nutritional deficiencies due to higher stress levels, unstable living conditions, and a lack of access to healthy foods and health care as they age, which means lower-income earners who may not qualify for government services like Medicaid will still likely face higher premium costs if they try to buy a long-term care insurance policy.” LTC Comment, Stephen A. Moses,
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“How Medicare Impedes Health Care Innovation”
“How Medicare Impedes Health Care Innovation,” by Brian Blase, Paragon Health Institute “Harvard Business School professor and one of the deans of consumer-driven health reform Regina Herzlinger has remarked that “choice supports competition, competition fuels innovation, and innovation is the only way to make things better and cheaper.” Unfortunately, there are significant constraints on innovation improving health care quality and driving cost reductions. Many of these problems are because of the structure of the Medicare program, an issue that Paragon’s Joe Albanese tackles in his new paper, Roadblock to Progress: How Medicare Impedes Health Care Innovation.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care
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“Gallup Poll Shows Public’s Deep Aversion to Nursing Homes, 42% of Americans Give ‘D’ or ‘F’”
“Gallup Poll Shows Public’s Deep Aversion to Nursing Homes, 42% of Americans Give ‘D’ or ‘F’,” by Shelby Grebbin, Skilled Nursing News “One of the central findings of the survey indicates that Americans hold a less than favorable view of nursing home quality. Over 40% of respondents gave nursing homes negative ratings for overall quality of care, with 36% assigning them a “D” (poor) grade and 6% an “F” (fail). Only a small percentage rated nursing homes positively, with just 1% giving them an “A” (excellent) and 8% a “B” (good). The average rating for nursing-home quality of care, therefore,
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“Long-Term Care Claims Skyrocket In 2022”
“Long-Term Care Claims Skyrocket In 2022,” Advisor Magazine “Claims in the long-term care (LTC) insurance segment skyrocketed 20% in 2022, creating a difficult combination with inadequate pricing assumptions on older blocks of business that have forced significant reserve increases, according to a new AM Best report. Rising interest rates have provided some relief to the companies underwriting this high-risk product, given the potential boost to investment yields. However, the market challenges for this segment will persist despite the improved interest rate environment, according to the Best’s Market Segment Report, ‘Long-Term Care Claims Skyrocket in 2022.’” LTC Comment, Stephen A. Moses,
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“Study: Being a family caregiver does not mean you will plan for your own long-term care”
“Study: Being a family caregiver does not mean you will plan for your own long-term care,” by Adam Healy, McKnight’s Home Care “Family caregivers are more likely to think about their own long-term care needs, but they still need support and “roadmaps” to plan for those needs. That is according to a new study sponsored by Home Instead, CLTC, Milliman, and TCare, which offers support for family caregivers. … ‘I think, in general, the whole study points to the need for the importance of education about the risks and costs, and who pays [for long-term care], which has always been important,’ lead
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“State veterans home rife with deficiencies, inaccurate COVID death reports: federal report”
“State veterans home rife with deficiencies, inaccurate COVID death reports: federal report,” by Jessica R. Towhey, McKnight’s LTC News “Two veterans’ nursing homes in New Jersey that employees described as ‘pure hell’ and ‘a battlefield’ violated residents’ Constitutional rights, federal officials said in a damning report. The Department of Justice Civil Rights Division and the US Attorney’s Office District of New Jersey issued a joint report Thursday with findings of their investigation into the Veterans Memorial Homes at Menlo Park and Paramus. The 40-page report details ‘those early days [of COVID] and how the initial chaos decreased but did not end,’ eventually
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