“COVID-19 Could Increase Seniors’ Rapid Disenrollment in Medicare Advantage”

“COVID-19 Could Increase Seniors’ Rapid Disenrollment in Medicare Advantage,” by Bailey Bryant, Home Health Care News Quote: “There’s a lot of speculation about what the coronavirus will mean for the Medicare Advantage industry, especially as it relates to home-based care. Some believe it could mean more MA opportunities for at-home care providers in 2021 — or even sooner, as CMS recently announced that plans can provide mid-year benefit enhancements in response to the COVID-19 outbreak. Meanwhile, others worry it could hinder home care opportunities in the space.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): MA virus quandary.      
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

Messages We are Sharing with Mutual of Omaha Customers

At Mutual of Omaha, we exist for our customers. Read the messages and FAQs that we are sharing with customers on our website. Important Information About the Steps We’re Taking Regarding Coronavirus (COVID-19) Coronavirus (COVID-19) FAQs   Messages We are Sharing with Mutual of Omaha Customers   #goldencareagent #mutualofomaha
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Categories: COVID-19, Industry News, and Mutual of Omaha (& Affiliates).

Submit your LTC applications and watch demo

Submit your long term care applications Your business is important to us and we want to make sure you have the tools needed to serve your community. We continue to accept NGL EssentialLTC long term care applications up to the nearest age 79. Items to keep in mind: Applications will not be closed or rejected based on age. Depending on the state you are in and if you are experiencing a stay-at-home order, it might take a little longer than usual for the face-to-face interview. We are making every effort to complete the scheduled exams for applicants who are currently
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Categories: COVID-19, Industry News, Long-Term Care, and National Guardian Life.

An Update on Temporary Changes to Our Business Limits

COVID-19 Update: Temporary Changes to Our Business Limits As we continue to monitor the challenges of the COVID-19 pandemic, we remain committed to operating in an informed, responsible manner that upholds our commitment to maintaining financial strength. These decisions help ensure that we continue to be there for our customers when they need us the most. With that in mind, we believe it’s prudent to make a few temporary changes to our business limits. These changes only apply to business received after May 1. Our new guidelines are as follows: Care Solutions Business For Care Solutions, the temporary changes to
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Categories: COVID-19, Industry News, Linked Benefit/Hybrids, and OneAmerica.

Important Long Term Care COVID-19 Update

LONG TERM CARE PRODUCT GRACE AND LAPSE PERIOD CHANGES Amid the changes we’re making to help agents conduct business during the COVID-19 pandemic, we’ve received guidance regarding how long we can extend grace and lapse periods for long term care policies. We are extending premium payment due dates by an additional 30 or 60 days.* Customers have 90 days from the due date to pay premiums and keep their insurance coverage. Customers should know: Existing policy holders will receive a one-time mailing outlining this extension — please see the non-TFLICNY state-specific letter, and the TFLICNY New York letter for reference
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Categories: COVID-19, Industry News, and Long-Term Care.

Medicare Supplement COVID-19 UPDATE

MEDICARE SUPPLEMENT COVID-19 UPDATE POLICY MAILING AND GRACE PERIOD EXTENSION We hope this email finds you and your loved ones doing well. Unprecedented times call for agile solutions. As COVID-19 concerns continue to grow, we want you to know we’re working hard for your business and your clients. Click the link below to see some of the steps we’re taking to respond, including mailing policies directly to clients and extending grace and lapse periods. We’ll update this page regularly, so please bookmark it to stay up to date. View More   Medicare Supplement COVID-19 UPDATE   #goldencareagent #transamerica
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Categories: COVID-19, Industry News, and Medicare Supp./Adv..

Good News | GoldenCare’s Priority Is Setting You Up For Sales Success

GoldenCare’s Exclusive Lineup Of Valued Added Tools & Services Did you know that as a GoldenCare agent, you have complementary access to several value-added tools and services, including: Perfect Portfolio of Products Superior, Personal Backend Support Product & Sales Training, Including Specials with LTC Industry Leaders LTC CEO Office, Home and Internet Selling Tools GoldenCare Rewards Program CSG Actuarial Comparison Tools StrateCision Comparison Tools Discounted E & O Coverage Exciting Promotions Featuring Different Products CareOptions Health and Wellness Hub GoldenCare has the tools, services and resources to support your efforts and help you achieve your sales goals!   Read Full
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Categories: COVID-19, GoldenCare News, Industry News, and Long-Term Care.

“The Potential Health Care Costs And Resource Use Associated With COVID-19 In The United States”

“The Potential Health Care Costs And Resource Use Associated With COVID-19 In The United States,” by Sarah M. Bartsch, et al., Health Affairs   Quote: “With the coronavirus disease 2019 (COVID-19) pandemic, one of the major concerns is the burden COVID-19 will impose on the United States (U.S.) health care system. We developed a Monte Carlo simulation model representing the U.S. population and what can happen to each person who gets infected with severe acute respiratory syndrome coronavirus 2 (SARS-CoV2). We estimate resource use and direct medical costs per infection and at the national level, with various “attack rates” (infection
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“Coronavirus to accelerate Social Security, Medicare depletion dates, U.S. officials say”

“Coronavirus to accelerate Social Security, Medicare depletion dates, U.S. officials say,” by David Lawder, Reuters   Quote: “The 2020 Social Security and Medicare trustees reports released on Wednesday did not reflect projections from the coronavirus pandemic but showed continued long-term funding shortfalls for retirement, disability and seniors’ healthcare benefits. … Trump administration officials said that while they have made no official projections on the effects of the virus, if a 15% reduction in employment and revenues persists over the full 2020 year, they expect those depletion dates will move forward.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“What to Do About Your Relatives in Long-Term Care During the Coronavirus Pandemic”

“What to Do About Your Relatives in Long-Term Care During the Coronavirus Pandemic,” by Catherine Roberts, Consumer Reports   Quote: “The decision can be fraught with complications. Is being on lockdown in a nursing home safer than being in an imperfectly quarantined home? Can family and friends provide everything that’s needed? And what are the financial implications of bringing someone home from a nursing home? Of course, there’s no one correct answer to these questions.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Well, actually, there is one correct answer to the last of those questions.
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.