Read Full GoldenCare Newsletter, December 7, 2020 Edition In this GoldenCare Newsletter Edition From GoldenCare: PROMO TIME! Perfect Portfolio Sales Incentives Now through December 31, 2020 Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training. Stay up-to-date on the latest products and sales strategies. Check back for our next exciting promotion! Guest Article: “Cost of Care: Trends & Insights” Genworth Enjoy! Compliance: Updates to GoldenCare Contracting Made Easy Paperwork GoldenCare Agent Compliance Guide GoldenCare Agent Marketing Guide Industry Updates: From Mutual of Omaha: December LTC Claims Webinar
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PROMO TIME | Still Time to Get Your Apps In and Earn Big in Q4
Click Here to add additional carriers & products to your appointments. Questions? Call our Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the latest announcements from the Top Carriers! Check out GoldenCare News #goldencareagent
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You’re Invited | Feel Uncomfortable With Client LTCi Questions? Here’s The Solution!
Have The LTCi Conversation Without The Stress Of Certification We’re pleased to introduce a brand new Longevity Planning Referral Program in collaboration with Integrity Marketing Group’s Long-Term Care insurance branch. The Referral Program is EASY. You don’t have to become a Longevity Planning Specialist: no hassling with carrier contracts, producer certifications or DOI appointments. Join us for a Live Webinar to Learn More! Thurs, Dec. 10, 2020 2:00 PM to 2:45 PM CST For more info Visit IntegrityLTCDirect.com Download Referral Program Brochure Questions or help registering? Call the GoldenCare Marketing Team
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Updates to GoldenCare Contracting Made Easy Paperwork
The GoldenCare Contracting Made Easy packet has been updated to include changes to the Signature Authorization page. In November, our Contracting Made Easy packet was updated. Changes were made to the Signature Authorization page (page 6) of the packet. Please pay special attention to the revision date in the lower left corner when completing contracting requests. Beginning January 1, 2021, we will not accept versions of the contracting paperwork with a revision date of “1020” or older. After the 1st of the year, submitted contracting paperwork must use the “1120” version or newer. No exceptions will be made. Our “90-Day
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You’re Invited | Easy to Sell Program that Fills Gaps in Your Client’s Medicare Coverage
Advantage Plus HIP Training With GTL’s Michael Gende Are you offering GTL’s Advantage Plus® Hospital Indemnity Insurance to all of your Medicare clients? If not, you’re missing an easy sale and leaving gaps in your clients’ Medicare coverage! GTL’s Michael Gende will provide basic product training and sales tips to help you start the conversation, position the product and close the sale. He’ll cover strategies for cross-selling, with a complimentary phone script to help you reconnect with AEP clients! Couple GTL’s fast, transparent claim processing with a 15 year track record of developing innovative hospital indemnity benefits, and it’s clear
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Good News | Updated 2021 Tax Deductible Limits Just Announced
Good News! New 2021 Tax Deductible Limits for LTCi Just Announced Increased tax deductible limits can be a significant benefit for those with tax-qualified long-term care insurance policies, according to the American Association for Long-Term Care Insurance. The following are the just-announced 2021 limits (2020 in brackets): Attained Age Before Close of Taxable Year 2021 Limit (2020) 40 or less $450 ($430) More than 40 but not more than 50 $850 ($810) More than 50 but not more than 60 $1,690 ($1,630) More than 60 but not more than 70 $4,520 ($4,350) More than 70 $5,640 ($5,430) Click here for
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GoldenCare Newsletter | November 23, 2020
Read Full GoldenCare Newsletter, November 23, 2020 Edition In this GoldenCare Newsletter Edition From GoldenCare: The GoldenCare Office will be closed Thurs, November 26th & Fri, November 27th for the Thanksgiving Holiday. PROMO TIME! Perfect Portfolio Sales Incentives Now through December 31, 2020 Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training. Stay up-to-date on the latest products and sales strategies. Check back for our next exciting promotion! Guest Article: “70 percent of long-term care claims begin with home care,” by Joe Jancsurak, McKnight’s Senior Living Enjoy! Compliance:
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Long-Term Care Time Service Update
From the Desk of Allen Gregoire and Kathy Abbott On behalf of Mutual of Omaha, we want to first and foremost thank you for the amount of long-term care business we have been receiving here at the home office. We know this is due to your ongoing loyalty and partnership. We remain committed to providing the quality service you have come to expect, and our new business and underwriting teams are fully operational. However, due to high volumes of new business, our LTC underwriting and new business teams are experiencing delays in time service. In response, we have underwriters and
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Good News | CMS Announces 2021 Copay & Deductibles
Good News! CMS Has Announced The 2021 Copay and Deductibles The Centers for Medicare and Medicaid Services (CMS) recently announced their 2021 Copay/Deductibles. Listed below are basic costs for people with Medicare. 2021 Copay/Deductibles 2020 2021 Part A Deductible $1,408 $1,484 Part B Deductible $198 $203 Part A Coinsurance Days 61 — 90 $352 $371 Days 91 — 150 (Lifetime Reserve Days*) $704 $742 Skilled Nursing Home Days 21 — 100 $176 $185.50 Standard Part B Monthly Premium $144.60 $148.50 Click Here
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2021 Tax Deductibility Limits
Long-term care insurance tax-deductible limits have just been increased offering seniors as much as $420 in additional deductible benefits according to the American Association for Long-Term Care Insurance. “Tax deductibility for those purchasing certain government-approved long-term care insurance is an incredible benefit,” explains Jesse Slome, director of the American Association for Long-Term Care Insurance (AALTCI). “The tax deductibility becomes especially valuable in retirement when income decreases and health costs generally go up.” The Internal Revenue Service just announced the increased 2021 limits for tax deductibility of long-term care insurance premiums. According to IRS Revenue Procedure 2020-45, a couple age 70
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