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

“How the Pandemic Reshaped the Estate Planning Landscape”

“How the Pandemic Reshaped the Estate Planning Landscape,” by Kalimah White, Advisor Magazine Quote: “To put it simply, whereas once people were most worried about troubles close to home, today, they are most focused on threats that come from the outside and which, in many cases, are beyond their control. In 2018, for instance, less than 8 percent of respondents mentioned longer life and rising health costs as a key concern. In 2021, that number was 22 percent, roughly three times higher. Political conflict in Washington was mentioned four times as often this year as it was two years ago.
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Categories: Clippings, COVID-19, and Industry News.

Long-Term Care Insurance Case Monitoring Update

From the Desk of Allen Gregoire Mutual of Omaha is pleased to announce the long-term care back-office data entry of applications has returned to normal processing times. Applications and all case status updates are now visible on Sales Professional Access (SPA), including application received date. Note: Due to the ongoing influx of business, telephone interview availability is limited. Currently, interviews are being schedule 2-3 weeks out from when requested by underwriting. We encourage you and your agents to check SPA to review your case status updates as our teams work diligently to process your LTCi cases as quickly as possible.
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Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Did You Miss Our LTCi Industry Impacts Webinar? WATCH NOW!

We’re sorry we missed you on LTCi Industry Impacts webinar with Steve Moses! Don’t worry — the presentation was recorded! Click below to watch the recording for Steve’s insights: For resources and other handouts from this presentation, call our Marketing Team at 800-842-7799!     Click Here to add additional carriers & products to your appointments. Questions? Call our Marketing Team at 800-842-7799!     #goldencareagent
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Categories: COVID-19, GoldenCare News, Industry News, and Long-Term Care.

Changes to COVID-19 participation guidelines

Changes to COVID-19 participation guidelines Securian Financial remains focused on delivering high levels of service, helping customers with their insurance needs, and maintaining the company’s financial strength. Your support in delivering on this focus has provided valuable insights to best navigate the unpredictable nature of a pandemic while addressing the additional risks it presents. Since these participation limits were implemented, our promise has been to actively review these guidelines. Along the way, we have delivered on a request for transparency to enable you to make the best decisions for your customers. While not yet at the final stage in our
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Categories: COVID-19, Industry News, and Securian.

Long-Term Care Insurance Case Monitoring Update

From the Desk of Allen Gregoire Mutual of Omaha has experienced a large influx of long-term care application submissions over the past several weeks due to the WA Cares Fund. This increase in submissions has caused a slight delay in entering LTC applications into our back-office systems and subsequently your case status appearing on Sales Professional Access (SPA). Our teams are working diligently to process LTCi cases as quickly as possible; however, until they are entered into our system, we are unable to confirm the application received date. We encourage you to check the website for updates rather than calling
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Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

GoldenCare SPECIAL EVENT featuring LTC Expert Stephen Moses

Special GoldenCare Training Event With LTC Expert Steve Moses YOU ASKED. WE LISTENED! The impacts of the COVID-19 pandemic and the Washington LTSS Trust Act are among the top concerns noted by our agents. Join us for an LTCi Industry Impacts presentation with one of the most influential and respected people in long-term care:   Steve Moses! With so much changing so quickly, this event is one you do NOT want to miss!     Register now to reserve your space! Wed, June 30, 2021 11:00 AM  to  11:30 AM CDT         Questions or help registering? Call the
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Categories: COVID-19, GoldenCare News, and Industry News.

GoldenCare SPECIAL EVENT featuring LTC Expert Steven Moses

Special GoldenCare Training Event With LTC Expert Steve Moses YOU ASKED. WE LISTENED! The impacts of the COVID-19 pandemic and the Washington LTSS Trust Act are among the top concerns noted by our agents. Join us for an LTCi Industry Impacts presentation with one of the most influential and respected people in long-term care:   Steve Moses! With so much changing so quickly, this event is one you do NOT want to miss!     Register now to reserve your space! Wed, June 30, 2021 11:00 AM  to  11:30 AM CDT Remember, Mutual of Omaha recently announced WA-specific product offering changes,
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Categories: COVID-19, GoldenCare News, and Industry News.

“Time for government – not nursing homes – to shoulder collective COVID-19 blame”

“Time for government – not nursing homes – to shoulder collective COVID-19 blame,” by Brendan Williams, McKnight’s LTC News Quote:  “[W]e have seen the nursing home care sector suffer decades of governmental neglect that, inexorably, contributed to the tragedy inflicted by COVID-19. That neglect has not just manifested itself in the failure of governmental Medicaid reimbursement to keep facilities modern for the many residents for whom the government is the payor. This failure alone led to outmoded facilities being especially susceptible to respiratory virus spread due to shared rooms and cramped communal spaces. Nor has that neglect been limited to
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Categories: Clippings, COVID-19, and Industry News.