GoldenCare Newsletter | May 6, 2024

  Read Full GoldenCare Newsletter,  May 6, 2024 Edition In this GoldenCare Newsletter Edition Webinars:   Extended Care Sales Made EASY! Wed, May 8, 2024 11:00 AM  to  12:00 PM CDT   OmniFlex: Power in Personalized Plan Designs Thurs, May 9, 2024 10:00 AM  to  10:30 AM CDT GoldenCare’s new “Words.Of.Wisdom” Webinar Series Pre-Recorded Video Showcase Register for the Next Wow Event: Thursday, June 6, 11 AM Eastern Client Sale A – Z  Tom Randall’s “Words.Of.Wisdom” webinar series offers expert sales strategies, product planning insights, and insider tips on various topics. Don’t miss this opportunity to enhance your skills and
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Manhattan Life, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), OmniFlex, Short-Term Care, Thrivent, and True Freedom.

Good News: Start The Extended Care Conversation With These 2 Graphics

Two OmniFlex™ Infographics Available For Use ManhattanLife has developed and made available two consumer-use OmniFlex infographics to help you spread awareness and start the extended care conversation with your clients. Click below to view/download each:     Remember to bookmark our GoldenCare Assets page, where we keep all OmniFlex assets, tools and marketing materials up-to-date for your use!       Questions? Call our Marketing Team at 800-842-7799!    
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Categories: GoldenCare News, Industry News, and Short-Term Care.

Special Event! Fill The Missing Link In Your Clients’ Health Care Plan

Short-Term Care and Home Health Care plans should be part of every retirement plan. These affordable solutions fill the gaps in clients’ Medicare plans, Life Insurance/Final Expense plans, as well as Annuities/Assets Under Management plans. Your clients are looking for guidance. If not YOU, WHO? If not NOW, WHEN?   Wed, May 8, 2024 11:00 a.m. Central Time       Add these easy-to-sell products to your portfolio today!
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Categories: Aetna, GoldenCare News, Industry News, Manhattan Life, and OmniFlex.

“Genworth’s CEO Aims for 2025 Long-Term Care Insurance Launch”

“Genworth’s CEO Aims for 2025 Long-Term Care Insurance Launch,” by Allison Bell, ThinkAdvisor “Earnings were up in the first quarter. The long-term care insurance business reported a small profit. An increase in mortality had mixed effects.”     LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Patience, perseverance and persistence keep Genworth in LTCI. The same traits will achieve better public policy soon. Congratulations to Center-corporate-member Genworth on this important progress.   Subscribe to GoldenCare News  
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Categories: Clippings and Industry News.

“Government shouldn’t micromanage nursing homes”

“Government shouldn’t micromanage nursing homes,” by Sally Pipes, Washington Examiner “The Biden administration published regulations last month requiring most nursing homes to maintain specific staffing levels. As a result, roughly three in four nursing homes will have to hire additional personnel. … But government diktats, however well-intentioned, won’t address the issues behind staffing shortages. Nursing homes have long had to contend with low reimbursement rates from Medicaid, which make it hard to attract and retain employees. Simply telling nursing homes to hire more staff won’t address that problem. … As Stephen A. Moses of the Paragon Health Institute has observed, Medicaid, the facilities’ chief payer, reimburses
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Categories: Clippings and Industry News.

“Brain function of older adults catching up with younger generations, finds study”

“Brain function of older adults catching up with younger generations, finds study,” MedicalXPress “According to research by Nottingham Trent University, the brain function of older generations is improving, with the gap between old and young healthy adults lessening. … The evidence points overall to improving and higher cognitive performance among older adults with eighty three of the measures used (68%) across the studies showing better performance in later cohorts of older adults than earlier cohorts, only six (5%) showed the reverse. In contrast, findings show that that young adults’ cognition remained relatively flat across time—closing the gap between generations.”  
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Categories: Clippings and Industry News.

“The Coming Elder Care Crisis”

“The Coming Elder Care Crisis,” by Harry Margolis, Next Avenue “Since Medicaid is designed to be only for the poor, in order to obtain coverage, older adults must become poor by spending down their assets. And then they still may not get the care they want. Medicaid pays for only limited assisted living or home care, though coverage of both has been expanding in recent years. As a result, many people have to move to nursing homes just because Medicaid will pay for their care in such a setting.”     LTC Comment, Stephen A. Moses, President, Center for Long-Term
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Categories: Clippings and Industry News.

“US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed”

“US long-term care costs are sky-high, but Washington state’s new way to help pay for them could be nixed,” by Marc Cohen, The Conversation “I’ve spent the past few years as part of a team of four scholars examining the solutions that Washington and three other states have come up with to help the middle class pay for long-term care.”     LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: I respect my friend and fellow ILTCI Recognition honoree Marc Cohen’s considered opinions about multi-state, compulsory, payroll-funded, social insurance LTC programs. But all these plans will fail for
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Categories: Clippings and Industry News.