Exciting News from United Security Assurance

A.M. Best Reinstates USA’s Rating Exciting news! United Security Assurance Company of Pennsylvania (USA) is once again an A.M. Best rated company. The rating is “C-” however, our outlook was upgraded from “negative” to its current rating of “stable.” The ratings team has advised USA that the rating can improve over time if our parent company, CMS Financial, improves its financial position by reducing leverage and if USA can demonstrate a sustainable trend of positive operating income and increasing risk-based capital. Read entire press release.   Exciting News from United Security Assurance   #goldencareagent #unitedsecurity
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Categories: Industry News, Long-Term Care, and United Security.

Transamerica Notable News (June 2018)

  Notable News   Transamerica Holiday Closure for Independence Day The Transamerica Administrative Office will be closing at 2pm, local time on July 3rd and will be closed July 4th to observe Independence Day. Change to Trial Applications Review Effective July 1st, 2018, Transamerica will no longer review Trial Applications. We will continue to provide risk assessments through the Quick Quoting tools you use today. If you have any questions, please contact Transamerica’s Sales Desk at 866-545-9058.   #goldencareagent #transamerica
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Categories: Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Transamerica.

ALL NEW! Sales Strategy Series Webinar Topic: StrateCision Demo

New!! Sales Tools – StrateCision Demo Join us for a live demonstration and walk-through of StrateCision, our LTCi value-added resource that can help increase your overall sales all year long! •  StrateCision — LTCi Quote & Comparison Tool This valuable tool allows you to quote and compare plans with all of the major LTCi companies. Plus, learn how you can use the WebAdvisor  section of the tool to compare features and gain an edge on the competition! Register For The Live StrateCision Training Thurs, June 28, 2018 2:00 PM  to  2:30 PM CDT Click here to add carriers & products
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Categories: GoldenCare News and Industry News.

Good News | Be In-The-Know With Our Industry News Subscription

Be In-The-Know With Our Industry News Subscription GoldenCare has posted over 2,500 insurance-related news stories, compliance information, carrier updates, and Need-For-LTCi articles on our agent website, www.goldencareagent.com. Have you taken advantage of our News subscription? Subscribe to these News postings by providing your email address, and have Industry News delivered right to your inbox! Check out GoldenCare News Don’t forget to subscribe! Read Full Good News Article Click here to add carriers & products to your appointments. If you have questions or need additional information, please call us at 1-800-842-7799. #goldencare #goldencareagent
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Categories: GoldenCare News and Industry News.

“Walgreens and Humana are partnering to create senior health hubs”

“Walgreens and Humana are partnering to create senior health hubs,” by Angelica LaVeto, CNBC “Drugstore chain Walgreens is partnering with health insurer Humana to open senior-focused care centers. They plan to open two locations inside Walgreens stores this fall in the Kansas City, Missouri, area with primary care services, pharmacies and other services like a Humana representative to answer seniors’ Medicare questions. Humana will run the clinics through its Partners in Primary Care business. The unit already opened four independent centers in the area last year. The partnership is just the latest example of health insurers trying to become more
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Categories: Clippings, Industry News, and Long-Term Care.

“Despite not using long-term care, millennials have strong opinions on how it should be paid for”

“Despite not using long-term care, millennials have strong opinions on how it should be paid for,” by Marty Stempniak, McKnight’s LTC News “That’s one of the key takeaways from a AP/NORC survey of young individuals about LTC, highlighted by Forbes this week. As noted by AARP, about 1 in every 4 caregivers is between the ages of 18 and 34. They spend about 20 hours per week delivering care, which is only going to balloon as the population ages. … Some 62% are in favor of instituting tax breaks for purchasing long-term care insurance. And 60% said they would like
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Categories: Clippings, Industry News, and Long-Term Care.

“Second hospice employee pleads guilty in alleged $60 million kickback scheme involving assisted living communities”

“Second hospice employee pleads guilty in alleged $60 million kickback scheme involving assisted living communities,” by Lois A. Bowers, McKnight’s Senior Living “A second former employee of a now-defunct hospice company has pleaded guilty for her role in an alleged $60 million Medicare fraud scheme that, according to the U.S. Attorney’s Office for the Northern District of Texas, paid assisted living communities and physicians in exchange for referring ineligible Medicare or Medicaid beneficiaries, some of whom then were given excessive dosages of medication that injured or killed them.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
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Categories: Clippings, Industry News, and Long-Term Care.

GoldenCare Newsletter | June 18, 2018

In this GoldenCare Newsletter Edition From GoldenCare: Update Your Contracts The newest version of LTC CEO Office, Home and Internet Selling Tools Software is now available! Making a good decision on whether or not to own Long Term Care insurance depends upon receiving factual information on the subject. LTCCEO was developed to offer our clients the knowledge they need to make wise decisions. Find out how to get your copy here. Diversify your portfolio for greater sales success! Our new training schedule is posted!  Join us for complimentary product and sales training and receive a Continuing Education Voucher for each
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Minnesota Life, Mutual of Omaha (& Affiliates), National Guardian Life, and Transamerica.

“Research shows that the prevalence of dementia has fallen in the United States”

“Research shows that the prevalence of dementia has fallen in the United States,” by Judith Graham, Washington Post “New research about ‘cognitive life expectancy’ — how long older adults live with good vs. declining brain health — shows that after age 65, men and women spend more than a dozen years in good cognitive health, on average. And, over the past decade, that time span has been expanding. … Even when these conditions surface, many seniors retain an overall sense of well-being, according to new research presented in April at the Population Association of America’s annual meeting.” LTC Comment (from
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Categories: Clippings, Industry News, and Long-Term Care.

“Five myths about Alzheimer’s disease”

“Five myths about Alzheimer’s disease,” by Denise C. Park, The Washington Post “Fritz Gilbert knew in his 20s that he did not want to die at his desk. Gilbert, 55, who retired last week, started saving decades ago for what could be one of our most fraught decisions: When to retire? The question is deeply personal. It requires a brutal look at your life. Some people get a pit in the stomach when they think about saying goodbye to that paycheck. Or at the prospect of deconstructing a nest egg they spent decades building. They might worry about feeling irrelevant
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Categories: Clippings, Industry News, and Long-Term Care.