NOW AVAILABLE IN IDAHO! Innovative Support and Cash Benefits to Family Caregivers through GTL’s Short-Term Home Health Care product! The upgraded Short-Term Home Health Care product is now available in Idaho on GTL’s Agent Portal and available soon on the e-App! 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! 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 In the state of Idaho,
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Upcoming Lumico Med Supp rate adjustment on 4/1
Upcoming rate adjustment for Med Supp Effective April 1, 2024, there will be a rate adjustment for Med Supp policies underwritten by Lumico Life Insurance Company (Lumico) in select states. For OR only New policies will continue to be underwritten by Lumico in Oregon. Please note the following cut off dates: Applications signed on or after 3/1/24, with a requested effective date on or after 4/1/24, will be subject to the new rate. Applications signed on or before 2/29/24, with a requested effective date on or after 4/1/24, will receive the current rate. For AL, KS, MD, UT and VA
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Inforce LTCi Rate Adjustments Effective May 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 in the state of Arkansas, effective May 1, 2024. Impacted Forms 2024 Increase LTC04G 15% LTC04I 15% LTC04I7 15% LTC09M 15% LTC06UI 15% LTC09U 15% 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 premium rate increase notification letters, most policyholders will
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