OneAmerica® Announces Brand Refresh as OneAmerica Financial℠

Update demonstrates evolution to digital-first environment INDIANAPOLIS (Jan.29, 2024) — OneAmerica®, a national financial services organization, today unveiled a refreshed brand as OneAmerica Financial℠. This strategic move aims to create greater awareness and distinctiveness for the company while amplifying its differentiators. Its focus on helping people build greater certainty throughout their financial journey can clearly be seen through a wide range of life insurance, retirement, employee benefits and long-term care solutions. A modernized logo and redesigned website are the first of many new brand components featured as part of the effort. The logo, which underwent its first update in more
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

“Home health is fastest-growing component of national health spending”

“Home health is fastest-growing component of national health spending,” by Kathleen Steele Gaivin, McKnight’s Senior Living “Year-over-year growth in the home health space was 13.5% in October, making it the fastest-growing component of national health spending, according to Altarum’s monthly Health Sector Economic Indicators brief, released Thursday. … The Altarum brief expands on the official estimate of Medicare and Medicaid expenses in 2022, as reported by the Centers for Medicare & Medicaid Services in the January issue of the journal Health Affairs. Altarum expanded on CMS’ research to include data through October 2023.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Remember
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Categories: Clippings and Industry News.

“Let’s Go Washington turns in over 2.6 million signatures for all six landmark initiatives”

“Let’s Go Washington turns in over 2.6 million signatures for all six landmark initiatives,” by Mario Lotmore, Lynnwood Times “The Let’s Go Washington citizen action group turned in 424,890 signatures on Thursday to provide Washington residents the choice to opt of the state-operated Washington Cares Fund assessment – aka Long-term Care Tax (LTC). ‘The huge lies that are being told that this somehow takes away long-term care health…this is a complete and total falsehood; all this does is give people a choice,’ Brian Heywood said at a press conference in front of the Secretary of State’s Office on Thursday as he delivered
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Categories: Clippings and Industry News.

NGL Welcomes Michael Simenstad as Regional Vice President

Michael Simenstad joins NGL as Regional Vice President, Individual Products National Guardian Life Insurance Company (NGL) is pleased to announce Michael Simenstad has joined the company as Regional Vice President, Individual Products. With three decades of experience as a territory manager and financial services wholesaler, Simenstad is passionate about creating awareness for the value of Long Term Care insurance and creating authentic relationships. In his new role at NGL, Simenstad will focus on maintaining and developing strategic partnerships with current and potential Long Term Care (LTC) marketing organizations and agents. As a member on the Individual Products team, he will
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Thrivent LTC now offers lifetime renewals

Effective 1/1/24, lifetime renewals on new business In recognition of our strong results in independent distribution, and our desire to grow this business, Thrivent has enhanced our competitive compensation for you as of January 1, 2024. Going forward, Thrivent has moved from a 10-year renewal cap to lifetime renewals on life-pay policies. This is yet another reason for making Thrivent a regular part of your LTCi offerings. In addition to this competitive compensation, Thrivent offers: Multiple Solutions with our traditional LTCi and linked-benefit solution (CareForward™) A benefit-rich traditional LTCi solution offering competitive features and pricing More ages to insure (18-79
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Categories: Industry News, Long-Term Care, and Thrivent.

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Value-Added Extras: Garmin Your Medicare supplement policyholders can receive discounts on Garmin wearables, smartwatches, blood pressure monitors, and scales.   Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Blueprint for Success: Our Medicare Solutions Options We have developed a video that provides a great overview about our Medicare Solutions portfolio and how we can help you become even more successful.   Introducing the Mutual Focus Newsletter Mutual of Omaha has created a new tool for you, the Mutual Focus Newsletter.   Dental: Dental Solutions
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Coming soon: SecureCare III new reprice and state launch

SecureCare III repricing in SC and launching in MT Give your long-term care (LTC) clients a benefit boost with SecureCare™ III, an LTC and nonparticipating whole life insurance policy. Mark your calendars for Monday, January 29, 2024: SecureCare III rates will decrease by 25 percent across all case scenarios in South Carolina SecureCare III will launch in Montana including the pricing decrease of 25 percent across all case scenarios Learn more about SecureCare III   Please note: All licensing and LTC certification training must be in good order before the sale of any LTC products. Review LTC licensing and training
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Categories: Industry News, Life Insurance, and Securian.

LTCi Inforce Rate Increases Effective April 1, 2024

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 April 1, 2024. Impacted Forms Impacted States LTC04I Hawaii LTC09M Hawaii LTC09U Hawaii LT50, NH50, HCA, LTA, and NHA Vermont   For details on yearly rate adjustment percentages, view the supplemental grid here. Policyholder Notification Process Policyholders will receive a letter notifying them at least 60* days prior to the premium rate increase effective date as outlined above. Along with the
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Updated LTCi Consumer Tax Guide

Tax tools to enable more proactive extended care conversations There are many reasons why clients should create a long-term care strategy. One message that has resonated well with consumers, is on the tax advantages of planning with long-term care insurance. Premiums might be deductible, claims are paid tax-free and some states offer tax incentives for LTCi policyholders. These tools are designed to help you share news on these tax advantages with your clients. LTCi Tax Deductibility Guide Updated with 2024 amounts Many clients are not aware that LTC benefits are paid 100% tax-free, but some or all of the premiums
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Categories: Industry News, Long-Term Care, and Thrivent.