US Holiday Telephone Solicitation bans for the month of February 2017

Please be aware of the following U.S. holiday telephone solicitation bans for the month of February. On Monday, February 20, 2017: Alabama, Louisiana, Mississippi, Rhode Island, and Utah prohibit unsolicited marketing calls to residents in observance of President’s Day On Tuesday, February 28, 2017: Alabama and Louisiana prohibit unsolicited marketing calls to residents in observance of Mardi Gras US Holiday Telephone Solicitation Bans for the Month of February #goldencareagent #MutualOfOmaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).

“Consumer Facing Insurance Educational Platform, Agent Review Creates Clients’ Choice Award,” PRNewswire

“‘Agent Review is proud to add another level of creditability for its insurance agent subscribers, beyond Verified Agent status, by creating the Clients’ Choice award,’ states Jonas Roeser, Co-Founder and CEO. Agent Review brings the review model made popular by Yelp and Angie’s List to the insurance space.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Congratulations to Jonas and AgentReview co-founder Harley Gordon, longtime friends and supporters of the Center for Long-Term Care Reform.  Consumer Facing Insurance Educational Platform, Agent Review Creates Clients’ Choice Award #goldencareagent
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Categories: Industry News and Long-Term Care.

“What Medicaid Block Grants Would Mean For Seniors,” by Howard Gleckman, Forbes

“The various GOP proposals floating around Capitol Hill would cap that federal contribution at a fixed dollar amount. As costs rise, the states would be on the hook for the extra expense. They’d have to either cut benefits, cover fewer people, or raise taxes to finance the extra costs. …  To start, Medicaid LTSS benefits are already insufficient in most states. Payments to nursing homes are so low that many quality facilities are abandoning the long-term care business.  And Medicaid home care benefits rarely provide enough assistance for seniors or younger people with disabilities.” LTC Comment (from Stephen A. Moses, President,
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Categories: Industry News and Long-Term Care.

“How baby boomers are changing senior living community design,” McKnight’s Senior Living

“As changing consumer preferences and payment models lead some developers and operators of nonprofit and for-profit senior living communities to reduce the number of skilled nursing beds in their offerings, they are looking for ways to repurpose and update space and build new communities to cater to a different type of resident. Baby boomer preferences are influencing their design decisions, according to three: living architecture.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): We’ve expected boomers to influence senior living designs for many years.  But now it’s really happening.  How baby boomers are changing senior living
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Categories: Industry News and Long-Term Care.

“LTC Industry Veteran Gene Arsenault Joins LTC Global,” Yahoo Finance

“LTC Global, Inc. today announced that Gene Arsenault has joined the company as Director of Business Development. Prior to joining LTC Global, Arsenault served 12 years as National Director of Long Term Care Insurance Sales for John Hancock.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Congratulations, Gene, and all the best in your new position.  LTC Industry Veteran Gene Arsenault Joins LTC Global #goldencareagent
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Categories: Industry News and Long-Term Care.

“Blame Technology, Not Longer Life Spans, for Health Spending Increases,” by Austin Frakt, New York Times

“The real culprit of increased spending? Technology.  Every year you age, health care technology changes — usually for the better, but always at higher cost. Technology change is responsible for at least one-third and as much as two-thirds of per capita health care spending growth. After accounting for changes in income and health care coverage, aging alone can explain only, at most, a few percentage points of spending growth — a conclusion reached by several studies.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Thanks to Center Premium Elite member Honey Leveen for drawing our attention
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Categories: Industry News and Long-Term Care.

“Trump’s Health Plan Would Convert Medicaid to Block Grants, Aide Says,” by Robert Pear, New York Times

“President Trump’s plan to replace the Affordable Care Act will propose giving each state a fixed amount of federal money in the form of a block grant to provide health care to low-income people on Medicaid, a top adviser to Mr. Trump said in an interview broadcast on Sunday.  The adviser, Kellyanne Conway, who is Mr. Trump’s White House counselor, said that converting Medicaid to a block grant would ensure that ‘those who are closest to the people in need will be administering’ the program.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): We support block
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Categories: Industry News and Long-Term Care.

A.M. Best Reaffirms A- Excellent Rating of NGL

January 3, 2017 Madison, Wis. – National Guardian Life Insurance Company (NGL) is pleased to announce that A.M. Best has recently reaffirmed its A- (Excellent) rating. This rating reflects the excellent ability of NGL to meet its ongoing insurance policy and contract obligations and further attests to its financial strength. “The A- Excellent rating further demonstrates our commitment to over 1.2 million policyholders and 28,000 independent agents who depend on NGL as a strong and reliable insurance company. NGL has the financial strength to be there when needed,” said Brian Hogan, Senior Vice President and Chief Financial Officer at NGL.
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Categories: Industry News, Long-Term Care, and National Guardian Life.

GoldenCare’s Updated 2017 Individual Tax Guide Now Available

With the IRS recently having announced the 2017 LTCi Premium Deductibility Limits, we’ve updated our GoldenCare Individual Tax Guide. The benefits of purchasing long-term care insurance are far-reaching, more so than most people think. In addition to safeguarding retirement funds and a nest-egg from the potential impact of needing LTC services, premiums paid may also provide clients with a tax deduction each year! Click Here To View/Print This Updated Guide #goldencareagent
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Categories: GoldenCare News, Industry News, and Long-Term Care.

2017 Holiday Office Closings

As we turn the calendar to 2017, please take note of the days when Mutual of Omaha and its affiliates (United of Omaha, Companion Life Insurance Company, and United World) will be closed for the holidays. • Monday, May 29, 2017 — Memorial Day • Monday, July 3 – Tuesday, July 4, 2017 — Independence Day • Monday, September 4, 2017 — Labor Day • Thursday, November 23 – Friday, November 24, 2017 — Thanksgiving Day • Monday, December 25, 2017 — Christmas Day • Monday, January 1, 2018 — New Year’s Day We will also continue to include reminders
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Categories: Industry News and Mutual of Omaha (& Affiliates).