“Covid’s Effect On Long-Term-Care Insurance”

“Covid’s Effect On Long-Term-Care Insurance,” by Ben Mattlin, Financial Advisor   Quote: “For the past few years, Covid has made everyone think a little harder about mortality and health. But now that the worst of the pandemic seems to be behind us, how has it affected long-term-care (LTC) insurance?”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Click through for several opinions on the question.             Subscribe to GoldenCare News  
Read More

Categories: Clippings, COVID-19, and Industry News.

“COVID-19 and Long-Term Care Insurance Operations”

  “COVID-19 and Long-Term Care Insurance Operations,” by Margie Barrie, ThinkAdvisor Quote: “Facilities have a hard time keeping employees. Insurers have trouble getting the information they need to handle claims and appeals. Fraud investigators have trouble getting a good, in-person look at the people they want to see.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: ILTCI conference news.               Subscribe to GoldenCare News  
Read More

Categories: Clippings, COVID-19, and Industry News.

“The Impact of the COVID-19 Recession on Medicaid Coverage and Spending”

“The Impact of the COVID-19 Recession on Medicaid Coverage and Spending,” by Elizabeth Williams and Robin Rudowitz, Kaiser Family Foundation   Quote: “Unlike previous recessions in modern history, this past recession was spurred by the spread of a virus (COVID-19), which created a public health crisis with unique health implications. Understanding the impact past recessions have had on Medicaid programs, early in the pandemic we began tracking employment and state revenue indicators, which can signal changes to Medicaid enrollment and have implications for state budgets. Medicaid is a counter-cyclical program, meaning that more people become eligible and enroll during economic downturns; at the
Read More

Categories: Clippings, COVID-19, and Industry News.

“Covid-19 created America’s next health care crisis: The cancers we didn’t catch early”

“Covid-19 created America’s next health care crisis: The cancers we didn’t catch early,” by Dylan Scott, Vox    Quote: “The fear among doctors is that the pandemic’s disruption to cancer screenings and other preventive measures won’t just be a blip, although a blip would be bad enough on its own: When cancer gets diagnosed late, it’s less likely a patient’s doctors can successfully intervene, and the patient is more likely to die. Even a four-week delay in treatment is associated with a 6 to 13 percent higher risk of death.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care
Read More

Categories: Clippings, COVID-19, and Industry News.

“Why Medicare Doesn’t Pay for Rapid At-Home Covid Tests”

  “Why Medicare Doesn’t Pay for Rapid At-Home Covid Tests,” by Michelle Andrews, Kaiser Health News   Quote: “What group is especially vulnerable to the ravages of covid-19 even if fully vaccinated and boosted? Seniors. And who will have an especially tough time getting free at-home covid tests under the Biden administration’s plan? Yes, seniors. This story also ran on NPR. It can be republished for free. As of Jan. 15, private insurers will cover the cost of eight at-home rapid covid tests each month for their members — for as long as the public health emergency lasts. Finding the tests will be hard
Read More

Categories: Clippings, COVID-19, and Industry News.

Mutual of Omaha Advanced Markets – 2022 Tax Guide

It’s that time of year again! A new year means a new tax guide from Mutual of Omaha Advanced Markets! The advisor 2022 tax guide will help you plan for your clients throughout the year. A separate client-approved version is available for use with the public, but this one can be a valuable reference tool for you. Keep in mind that the taxes we will all file this Spring are for 2021 and therefore will use the 2021 tax figures. The 2022 updated pieces will help with future planning starting right now. Call us in Advanced Markets if we can
Read More

Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Long-Term Care Time Service Update

Mutual of Omaha would like to thank you for your Long-Term Care business and the trust you put in us. We are aware that our Long-Term Care application service levels are not where you expect them to be. With our commitment to providing you the quality of service you have come to expect, we are hiring and training additional case managers to help with the workload to ensure your business is handled properly and as quickly as possible. In addition, due to the recent Omicron COVID-19 variant, our Long-Term Care vendor partners are experiencing delays in time service. Significant staffing
Read More

Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Underwriting hot topic: COVID-19 guidelines extension

COVID-19 guidelines continue until March 31, 2022 In 2020, Securian Financial began implementing participation limits in response to COVID-19. We’ve actively reviewed and updated these participation guidelines as we continued to monitor COVID-19’s impact. The changes we implemented July 1, 2021, will now be extended through March 31, 2022. View guidelines   Contact us Questions? Call our Securian Life Sales Support Team at 1-888-413-7860, option 1.   #goldencareagent #securian
Read More

Categories: COVID-19, Industry News, Life Insurance, and Securian.

Important State of Washington Long-Term Care Rider Announcement

From the Desk of Tess Grace & Marty Johnson We have been closely monitoring the sales volumes and regulatory environment with the Washington Cares Fund. Earlier this month, we announced the preferred deadline to submit applications with the Long-Term Care Rider for our Income Advantage and Life Protection Advantage IUL policies in the state of Washington. After further review, we have made the decision to suspend sales of the Long-Term Care Rider effective immediately in the state of Washington. We will continue to accept applications for the Income Advantage and Life Protection Advantage IUL policies that do not include the
Read More

Categories: COVID-19, Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

“COVID-19 Cases and Deaths in Long-Term Care Facilities through June 2021”

“COVID-19 Cases and Deaths in Long-Term Care Facilities through June 2021,” by Priya Chidambaram and Rachel Garfield, Kaiser Family Foundation Quote: “A previous data note found that weekly deaths and cases in LTCFs dropped to an all-time low in April 2021, largely due to the high rates of vaccination among LTCF residents and staff. Additionally, five states in that previous analysis reported zero deaths per 100,000 state residents in April 2021. This data note examines state reported LTCF data from 42 states plus Washington DC through the end of June 2021 to examine patterns of COVID-19 cases and deaths among LTCF residents and staff.
Read More

Categories: Clippings, COVID-19, and Industry News.