In-Force Rate Action Announcement: Oklahoma (Choice 1)

> Choice 1 with Stable Premium Option 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. Oklahoma has now allowed the following increases: Oklahoma Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Choice 1 10% 10% Policyholders who selected the Stable Premium Option with the previous premium increase (announced 4/9/2018) are not included in this increase. Communications Timeline Servicing agents will receive a list of their impacted
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Arkansas (Choice 1)

> Choice 1 with Stable Premium Option 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 for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Choice 1 15% 15% Policyholders who selected the Stable Premium Option with the previous premium increase (announced 4/9/2018) are not included in this increase. Communications Timeline Servicing agents will receive a list of their impacted
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Categories: Genworth, Industry News, and Long-Term Care.

GoldenCare Newsletter | April 9, 2019

In this GoldenCare Newsletter Edition From GoldenCare: Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on all the latest and greatest in the industry.    For a list of current topics and to get in on the discussion Click Here. Update Your Contracts LTC CEO Office, Home and Internet Selling Tools Software has been updated! This Must-Have Resource can dramatically increase your LTC sales, providing sales presentations, calculators, pre-recorded training, instruction for successful Internet Selling, LTC resources, and  MORE! Get a sneak peek demo here and find out how you can get
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), National Guardian Life, and Transamerica.

In-Force Rate Action Announcement: New York (PCS I, PCS II, Choice 1)

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. New York has allowed the following increases to Partnership and non-Partnership policies: New York Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS I 52.1% phased 15%, 15%, 15% cumulative 52.1% phased 15%, 15%, 15% cumulative PCS II 52.1% phased 15%, 15%, 15% cumulative 52.1% phased 15%, 15%, 15% cumulative Choice 1 52.1% phased 15%, 15%, 15% cumulative
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: North Carolina (PCS II, Choice 1)

> PCS II with Stable Premium Option > Choice 1 with Stable Premium Option 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. North Carolina has now allowed the following increases: North Carolina Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS II 95.31% cumulative phased: 25%, 25%, 25% 95.31% cumulative phased: 25%, 25%, 25% Choice 1* 39.92% cumulative phased: 25%, 5.8%, 5.8% 75% cumulative phased: 25%,
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Maryland (Pre-PCS, PCS I, PCS II, Choice 1)

> Choice 1 with Stable Premium Option 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. Maryland has now allowed the following increases: Maryland Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Pre-PCS 23.6% cumulative phased: 15%, 7.5% 23.6% cumulative phased: 15%, 7.5% PCS I 32.3% cumulative phased: 15%, 15% 32.3% cumulative phased: 15%, 15% PCS II 28.8% cumulative phased: 15%, 12% 28.8% cumulative phased: 15%, 12%
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Maryland (Privileged Choice® and Classic Select®)

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. Maryland has now allowed the following increases: Maryland Product Series Increase Percentage Privileged Choice 19.9% cumulative phased: 9.5%, 9.5% Classic Select 19.9% cumulative phased: 9.5%, 9.5%     This rate increase applies to both AARP® and Non-AARP policies. 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
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Tennessee (PCS I, PCS II)

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. Tennessee has now allowed the following increases: Tennessee Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 58.76% phased 26%, 26% cumulative 81.58% phased 22%, 22%, 22% cumulative PCS II 44% phased 20%, 20% cumulative 72.8% phased 20%, 20%, 20% cumulative This rate increase applies to non-AARP, non-partnership policies only Communications Timeline Servicing agents will
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Nebraska (PCS I, PCS II, Choice 1)

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. Nebraska has now allowed the following increases: Nebraska Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 40% 72.95% phased 50%, 15.3% cumulative PCS II 34% 66.2% phased 50%, 10.8% cumulative Choice 1 106.1% phased 50%, 37.4% cumulative 164.6% phased 50%, 50%, 17.6% cumulative This rate increase applies to non-AARP, non-partnership policies only Communications Timeline
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Kentucky (PCS I)

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. Kentucky has now allowed the following increases: Kentucky Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 30% 41.4% phased 30%, 8.8% cumulative 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
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Categories: Genworth, Industry News, and Long-Term Care.