“Genworth Rethinks Long-Term Care Market Return,” by Allison Bell, ThinkAdvisor Quote: “Genworth is reporting $149 million in net income for the first quarter on $1.9 billion in revenue. Earnings were strong enough that the company is preparing to spend up to $350 million on buying back shares of its stock. But McInerney acknowledged that past problems with LTCI product pricing will affect future LTCI efforts.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Genworth and LTCI profitability generally will surge upward soon as interest rates spike, supporting reserves, and destroying competition from Medicaid.
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Microsoft Retiring Internet Explorer
Internet Explorer Retiring June 15, 2022 Reminder: Microsoft will discontinue Internet Explorer beginning June 15, 2022. As a result, the Gerber Life Agent Portal will no longer support the program effective June 15, 2022. To prepare for this transition and avoid any impact to your business, we recommend making Microsoft Edge or Google Chrome your default browser1 to access the portal. If you have any questions, please call our Gerber Agency Support Team at: 800-428-4947. 1 All other web browsers are also available for use. #goldencareagent #gerber
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Premium Change for SureBridge Prime DVH in More States
After nearly three years of success in the Dental-Vision-Hearing market, the time has come to adjust pricing on the SureBridge Prime DVH product. This premium change will better position the product against rising costs and help ensure its continued success in the DVH space. Effective June 3, 2022, rates for SureBridge Prime DVH plans will be adjusted for new business and existing policies that have been in force for more than 6 months in the states of AK, DC, GA, KS, KY, MI, MO, ND, OH, PA, SC, UT, WI, and WV and after 12 months in the states of
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Correction: Premium Change for SureBridge Prime DVH
We previously notified you of a rate adjustment in the pricing of the SureBridge Prime DVH product, effective May 6, 2022, for new business. We also indicated that premiums would change on this same date for existing policies that have been in force for more than 12 months in the states of AL, AZ, CT, ID, IL, MN, NE, OK, and WY. CORRECTION: The premium change for existing policies in the states shown above will take place after they have been in force for more than 6 months, not 12 months. The letters sent to your customers are correct. This
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Billing Changes and New Customer Website for SureBridge New Business Only
Starting on May 6, 2022, applications received for SureBridge supplemental products will have a new billing process and customer website for Alabama, Arizona, Connecticut, Florida, Indiana, Michigan, New Hampshire, Oklahoma, South Carolina, Utah and Virginia. These updates apply to NEW customers only and do not affect current customers. There are no changes for business dated prior to May 6th. Click here for more important details about the following items: New customer billing draft date and pro-rated premium New customer website (mysurebridgeinsurance.com) We encourage you to become familiar with how billing for new business will differ from that of previous business
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NOW AVAILABLE: Med Supp plans in 5 states for Elips Life!
Great news: Med Supp plans now available in 5 states for Elips Life! Effective May 2, you can offer your clients Med Supp Plans A, F, G, N and High Deductible Plan G in KY, MD, MO and PA, and Basic Plan and optional Riders in WI, all underwritten by Elips Life Insurance Company. Here’s what you need to know: Effective 5/2, acceptance of new Med Supp apps underwritten by Lumico will be discontinued in these states. A 30-day transition period will be available to complete and submit any pending Lumico Life applications in newly available Elips Life states. Lumico
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Medicare Solutions – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states. New Business Applications Available for Missouri Paper applications for Missouri are now available. #goldencareagent #mutualofomaha
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Optimizing Thrivent’s CareForward for long-term care benefits
Designing CareForward to optimize LTC benefits Running time: under 5 minutes How do you best design a CareForward solution to provide your clients with the most long-term care benefits for their investment? Join Dean Anderson, Thrivent product specialist as he walks you through the moving parts of CareForward in less than 5 minutes. CareForward Sales Strategy This new Sales Strategy flyer walks you through two hypothetical scenarios. One shows how to fund CareForward using an annuity settlement. The other shows what it looks like if harvesting gains from managed accounts. Access Sales Strategy #goldencareagent #thrivent
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Great news! Our Med supp South Carolina rates are among the lowest
Our Med Supp Rates Shine Brightly Carriers periodically adjust Medicare supplement rates, so we recently shined a light on our rates to see where we stand. You’ll find it abundantly clear that rates on two of our most popular plans, Plans G and N, radiate as among the best in South Carolina. You better put on your sunglasses before you look at these glowing rates! Carrier Plan G Plan N Mutual of Omaha Insurance Company $93.63 $68.09 Average of Top Carriers $94.95 $74.38 As of 4/1/22: female, age 67, non-tobacco, lowest zip code area and 12% household discount. See
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DI in Focus: May is Disability Insurance Awareness Month
Disability Insurance Awareness Month presents a great opportunity for you to speak with clients about our solutions. With Mutual of Omaha’s more than 100 years’ experience providing income protection solutions, we’re confident we have a customizable solution to fit both your needs and your clients’ needs. Focus on Figures: DI by the Numbers A 2021 LIMRA Barometer Study of working Americans* reported that, if they were unable to provide income through their work: 63% couldn’t make it six months before financial difficulties would set in 14% said financial problems would start immediately 37% are “somewhat” or “very” concerned about the
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