We’re Consolidating Our Commission Systems

Coming soon: We’re consolidating our commission systems — What you need to know to prepare Great news: We’re working behind the scenes to consolidate and streamline our commission payment systems. Once complete, you’ll begin receiving one combined commission statement for your Aetna and Coventry Medicare business, and you’ll be able to access reports in one place. To accomplish this commission system migration, there will be some temporary disruptions to report availability, processing time for newly submitted contracts, and the commission payment schedule for new-to-Medicare enrollments only. You’ll see these impacts between mid-July and mid-August. Take some time to review key
Read More

Categories: Aetna, Industry News, and Medicare Supp./Adv..

Underwriting at United Security Assurance

A Common Sense, Lifestyle Approach Underwriting is not an easy task, no matter what line of insurance we are talking about, but the long term care/disability insurance industry seems to have a few extra hurdles. An underwriter is literally trying to assess risk over the course of one’s upcoming years based on a snapshot in time of one’s most recent health history. Insurance companies create guidelines based on past claims experience, common treatments, recovery time frames, etc.; but just as fast as a new cell phone emerges with updates and changes, health treatments change, health conditions change, the ages at
Read More

Categories: Industry News, Long-Term Care, and United Security.

Sentinel Update: DOL Fiduciary Rule

DOL Fiduciary Rule Update Sentinel Security Life is pleased to announce that the 5th Circuit Court of Appeals revoked the DOL Fiduciary Rule on June 21, 2018. Effective immediately, the Producer Acknowledgment Form (Producer Acknowledgment – PTE 84-24) will no longer be required. Application packets will be updated by the end of July to have this form removed.   #goldencareagent #sentinel
Read More

Categories: Industry News and Sentinel Security Life.

Maryland Inclement Weather Relief Guidelines – Update

On May 27, 2018, Maryland Governor Larry Hogan issued Executive Order 01.01.2018.14 declaring a State of Emergency due to severe storms and flooding that occurred. Because of this weather event, daily life for many Maryland consumers has been disrupted. As a result of the Governor’s issued Executive Order, the Maryland Insurance Administration issued Bulletin 18-09 on May 29, 2018. To avoid cancellations of life and health insurance, the Maryland Insurance Administration encourages insurers to provide reasonable accommodations, including a grace period for premium payment, to policyholders that reside in and businesses located in the following zip codes: 21041; 21042; 21043,
Read More

Categories: Industry News.

Maryland Inclement Weather Information

The Governor of Maryland declared a state of emergency in two Maryland Counties: Frederick and Washington, because of severe storms and rains that occurred during the week of May 23, 2018. The Insurance Commissioner issued the subject Bulletin requiring compliance from all insurance carriers. Pursuant to our Policyholder Disaster Response Plan, we have extended the grace period for policies in the affected area to sixty (60) days for policyholders in the two counties impacted by this disaster, with no lapsing of policies with a due date of May 13, 2018, through May 19, 2018. To comply with this requirement the
Read More

Categories: Gerber Life, Industry News, and Life Insurance.

Introducing A Brand-New Medicare Supplement With Lumico

    For producer use only. Not for use with the general public. Read Full Announcement 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 If you have questions or need additional information, please call us at 1-800-842-7799. #goldencare #goldencareagent #lumico
Read More

Categories: GoldenCare News and Industry News.

“New Study Links MA Plans to Lower Levels of Hospital Visits”

“New Study Links MA Plans to Lower Levels of Hospital Visits,” by Patrick Connole, Provider “At a time a growing number of long term and post-acute care providers are either entering or considering entering the Medicare Advantage (MA) market on the risk side, a new report by consultants Avalere Health said their research shows MA beneficiaries spent less time seeking hospital care for certain conditions. The report said MA plan holders with hypertension, hyperlipidemia, and diabetes experienced significantly fewer inpatient stays and emergency room visits relative to those in traditional fee-for-service (FFS) Medicare.” LTC Comment (from Stephen A. Moses, President,
Read More

Categories: Clippings, Industry News, and Long-Term Care.

“The ‘Big Bang’ of Alzheimer’s: Scientists ID genesis of disease”

“The ‘Big Bang’ of Alzheimer’s: Scientists ID genesis of disease,” ScienceDaily “Scientists have discovered a ‘Big Bang’ of Alzheimer’s disease — the precise point at which a healthy protein becomes toxic but has not yet formed deadly tangles in the brain. A study from UT Southwestern’s O’Donnell Brain Institute provides novel insight into the shape-shifting nature of a tau molecule just before it begins sticking to itself to form larger aggregates. The revelation offers a new strategy to detect the devastating disease before it takes hold and has spawned an effort to develop treatments that stabilize tau proteins before they
Read More

Categories: Clippings, Industry News, and Long-Term Care.

“With little saved, employers and aging employees share same fear: Can retirement happen?”)

“With little saved, employers and aging employees share same fear: Can retirement happen?,” by Yasemin Sim Esmen, Employee Benefit Adviser “Less than two-thirds of workers are confident that they will retire at age 65, and nearly a third of those surveyed plan to continue working in retirement, according to a Transamerica Center for Retirement survey. Sixty-two percent of baby boomers, the group closest to retirement, believe they can comfortably retire. Confidence is lowest among Generation X, who have been hit during the Great Recession and are starting to turn 50, which leaves them a limited amount of time to save.
Read More

Categories: Clippings, Industry News, and Long-Term Care.

Good News | E-Apps Make Submitting LTCi Business Easier Than Ever

  National Guardian Life Launches Their LTC E-App National Guardian Life (NGL) is pleased to announce the availability of the EssentialLTC E-APP process, in most states where the EssentialLTC product is available. Launched July 2, 2018, the E-APP can be accessed via the “New Business” tab in the Agent Resource Center (www.ngl-essentialltc.com,  log-in required). We’re happy to share that, with NGL’s announcement, now all of our traditional LTCi carriers offer electronic application options. EssentialLTC E-App Launches 7/2/18 Questions? Call our Marketing Team at 800-842-7799! Not selling NGL yet? Click here to add carriers & products to your appointments. For producer
Read More

Categories: GoldenCare News, Industry News, and National Guardian Life.