As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Mississippi has now allowed the following increases: Mississippi Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 25% 25% PCS II 25% 25% Choice 1 25% 25%       This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one
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As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Washington DC has now allowed the following increases: Washington DC Product Series Increase Percentage Privileged Choice 10% Classic Select 10%     This rate increase applies to Non-AARP and AARP® policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin October 23, 2018 and will continue
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As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Washington DC has now allowed the following increase: Washington DC Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS II 10% 10%       This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of
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As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Arkansas has now allowed the following increases: Arkansas Product Series Increase Percentage Privileged Choice 11.2% Classic Select 11.2%     This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin October 23, 2018 and will continue throughout the next
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As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Arkansas has now allowed the following increase: Arkansas Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 25% 25%       This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications.
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Cost of Care 2018 This year marks the 15th year anniversary of the Genworth Cost of Care survey. It has become one of the industry’s most comprehensive cost evaluations of more than 49,000 long term care providers across 440 cities and regions. The national study has played an effective role in helping financial professionals map out a plan for their client’s long term care needs. The new 2018 survey results will be released on Tuesday, October 16, 2018, which includes a full scale campaign for public relations and communications. Features and Tools Cost by Period (New addition of Hourly Rate)
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Claims – The Heart of LTC    • Thursday, October 18, 2018 at 11:30 AM Eastern / 10:30 AM Central Please join Genworth for an in-depth review of its Long Term Care Claims experience. Hear directly from Mark Beagle, Genworth’s Claims Program Leader, as he sheds light on enhancements and service improvements at the forefront of technology and statistical data directly related to Genworth’s LTC claims. TWhat Genworth has learned from the past can help us all in our future conversations with clients!   Thursday, October 18, 2018 at 11:30 AM Eastern / 10:30 AM Central   Register using the
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As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Utah has now allowed the following increase: Utah Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 55% 72% Choice 1 55% 72%       This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the
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