We appreciate your business and efforts in offering GTL’s Heritage Plan to your clients! Effective June 1, GTL is implementing a premium increase for new business and updated face amount limits for our Heritage Plan Life Insurance product. See below for more details. The e-App update will be available soon. Visit GTLink for Updated Rates and Underwriting Guide New Face Amount Limits Ages 40-85 $2,500 – $20,000 Ages 86-90 $2,500 – $10,000 Replacement Update Replacement of another agent’s in-force Heritage Policy will not be permitted. Two (2) policy maximum per insured. Updated Rates Effective June 1, 2021 Example:
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Important Life Underwriting Update
From the Desk of Marty Johnson Throughout the pandemic, Mutual of Omaha has been continuously evaluating our underwriting and new business practices to support business continuity, deliver a high level of service and maintain our financial strength. I am happy to announce we will be adjusting our temporary guideline changes effective May 24, 2021. These guidelines apply to all fully underwritten life insurance cases and includes all newly submitted and pending in-house cases, whether formal or informal. Acceptance Guidelines Based on Insured’s Issue Age: If the client is age 0-59: The client is eligible for our best risk class Underwriting
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Good News | New True Freedom Marketing Video & Incentive Program
Good News! New True Freedom Marketing Video & Incentive Program A brand new marketing video is now available! View or share while meeting with clients and prospects, include a link in your email signature, share on social media or embed the video on your agent website. Help spread the word! Join Us For A Live Webinar Event Join us for live product & enrollment training, along with details on our new Sales Incentive Program — Wed, June 9, 2021, 2:00 PM to 2:45 PM CDT “Big League” Summer Sales Incentive Program Begins June 1st You could earn between $400
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You’re Invited! | Drive More Consumer Insurance Sales
Today, it is almost ESSENTIAL that agents have a professional website that is more than just a digital business card that will inform, educate and persuade consumers about Life, LTCi, Medicare, and other insurance products. Do YOU have your own website or are you looking to upgrade? GoldenCare has the answer! Now you can have your own affordable, professional branded website — complete with the ability to quote – along with consumer direct sales fulfillment with NO agent participation! Register now to reserve your space! Tues, May 25, 2021 11:00 AM to 11:30 AM CDT Make money while you
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PROMO TIME! | HUGE Incentive Opportunity from True Freedom
With HUGE BONUS Opportunities Earn generous bonuses with True Freedom APPS 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 TOTAL BONUS FIRST-TIME WRITER $300* $300* $150 $200 $250 $200 $200 $200 $200 $700** $200 $200 $200 $200 $700** $4,200* EXISTING WRITER $100 $150 $200 $250 $300 $200 $200 $200 $200 $700** $200 $200 $200 $200 $700** $4,000* “Big League” Summer Sales Incentive Program Runs June 1st, 2021 Through August 31st, 2021. Get started earning now! Call us at 800-842-7799 or email dennisr@goldencareusa.com Why True Freedom for Your Declines? Click below to
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“How to opt out of coming payroll tax”
“How to opt out of coming payroll tax,” by Elizabeth Hovde, Washington Policy Center Quote: “If you want to opt out of a payroll tax that begins in January — assessed to fund a [Washington] state-run, one-size-fits-all, long-term-care-insurance fund that you might or might not benefit from (read more about the coming tax on our Center for Health Care blog) — here is what we know:” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: Click through for the answers and all the red tape. Subscribe to GoldenCare News
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Clippings and Industry News.
“Bracing For The Coming Long-term Care Tsunami”
“Bracing For The Coming Long-term Care Tsunami,” by Jennifer Lang, Advisor Magazine Quote: “What Are Your Funding Options? There are many, however your primary choice is between two options: self insure or purchase long-term-care insurance. Let’s go through each.” LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: If those were the two “primary” choices, we wouldn’t have a problem. Unfortunately, the real choice most people make is to ignore long-term care until they need it and then get Medicaid to pay. If making that choice, or failure to choose, resulted in “impoverishment” as everyone says, the word would
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Clippings and Industry News.
“Pandemic means 41,000 fewer senior housing units could be needed: analysis”
“Pandemic means 41,000 fewer senior housing units could be needed: analysis,” by Kathleen Steele Gaivin, McKnight’s Senior Living Quote: “COVID-19 deaths have curtailed short-term supply needs for senior housing. The projected senior housing units needed to serve those 85 or older in 2021 are less than pre-pandemic estimates by as many as 41,000, according to National Investment Center for Seniors Housing & Care findings published last week. Seniors aged more than 85 years account for 30% of all COVID-19-related deaths in the United States to date. The Centers for Disease Control and Prevention’s provisional numbers released April 21 showed that 169,545 people in
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Clippings, COVID-19, and Industry News.
“COVID Accelerates Shift to Private Skilled Nursing Rooms, Up 31% in 2020”
“COVID Accelerates Shift to Private Skilled Nursing Rooms, Up 31% in 2020,” by Amy Stulick, Skilled Nursing News Quote: “The pandemic has accelerated a shift to private rooms in the skilled nursing space, an attempt to help curb infection, with 31 percent of operators making the change in some capacity last year. … The main challenge to this shift, Utz said, falls on Medicaid reimbursed care. ‘The revenue just isn’t there,’ he added. ‘Every skilled nursing facility has a mix of Medicare, private pay, and Medicaid. The business model just isn’t supported at the reimbursement levels for private rooms.’ If that
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Clippings, COVID-19, and Industry News.
“The social contract for long-term care”
“The social contract for long-term care,” by Stephen A. Moses, McKnight’s LTC News Quote: “Without estate recovery, an enormous source of private LTC financing (home equity) is lost forever and Medicaid becomes a tax-payer financed windfall to heirs at the expense of program resources that should go to the poor. It behooves long-term care providers to stop the MACPAC proposal from passing. We need to strengthen America’s long-term care social contract, not cripple it. To understand the reasoning, evidence and recommendations that led to passage of OBRA ’93 mandating estate recoveries, read Medicaid Estate Recoveries: National Program Inspection, a 1988 report by
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Clippings and Industry News.
