Connecticut Partnership “Before You Buy” Publication

The Connecticut Partnership has released the 2017 edition of the “Before You Buy” publication. This publication must be provided to every individual applying for a Connecticut Partnership-approved long term care insurance policy. Please begin using the 2017 edition of the Connecticut Partnership “Before You Buy” publication immediately. Please discard any originals and copies you may have of earlier versions. Connecticut Partnership “Before You Buy” Publication #goldencareagent #transamerica
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Categories: Industry News and Transamerica.

“Sen. Grassley Demands Scrutiny Of Medicare Advantage Plans,” by Fred Schulte, Kaiser Health News

“Sen. Chuck Grassley (R-Iowa) wants federal health officials to tighten scrutiny of private Medicare Advantage health plans amid ongoing concern that insurers overbill the government by billions of dollars every year. . . . Grassley cited reports by the Center for Public Integrity that improper payments to Medicare Advantage plans cost taxpayers as much as $70 billion from 2008 to 2013. He said that CMS’ estimate that it had overpaid the five health plans $128 million ‘appears low and could very well be just the tip of the iceberg.’” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care
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Categories: Industry News and Medicare Supp./Adv..

“Business is booming for Long Term Care Partners,” by Kimberley Haas, New Hampshire Union Leader

“A Portsmouth company that fills a unique niche in the insurance market is confident its services will be in demand for years to come. Long Term Care Partners on Arboretum Drive is a third-party administrator of insurance services for federal employees. Under a seven-year contract regulated by the U.S. Office of Personnel Management, LTC is responsible for the Federal Long Term Care Insurance Program, which has about 275,000 enrollees and an eligible population of 4.4 million-plus federal employees, annuitants and qualified family members. . . . Chief Executive Officer Paul Forte said Friday that working with the federal government to
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Categories: Industry News and Long-Term Care.

“Long-Term Care insurance facing major pricing shift,” by Michelle Singletary, Washington Post

“Rather than keeping premiums steady for several years and then having to impose huge double-digit rate hikes, Genworth, one of the largest providers of long-term care insurance, wants to be have the ability to change premiums annually, reports Forbes contributor Howard Gleckman.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): The Washington Post regurgitates the Forbes column we reported in an April 6 LTC Clipping: “We May Be About To See A Big Change In How Long-Term Care Insurance Is Priced.” Kudos to Genworth for a creative approach to the premium increase problem that even this
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Categories: Industry News and Long-Term Care.

“Short-Term Care Insurance: An Alternative to the Long-Term Care Variety,” ElderLawAnswers

“A little-known insurance option can be an answer for some people who might need care but are unable to buy long-term care insurance. Short-term care insurance provides coverage for nursing home or home care for one year or less. As long-term care premiums rise, short-term care insurance is gaining in popularity. This type of insurance is generally cheaper than its long-term care counterpart because it covers less time. Purchasers can choose the length of coverage they want, up to one year. According to the American Association for Long-Term Care Insurance a typical premium for a 65-year-old is $105 a month.”
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Categories: Industry News, Long-Term Care, and Short-Term Care.

“Medicare Recipients Experience Multiple Care Transitions at End of Life,” Psychiatry Advisor

“More than one-third of Medicare beneficiaries who died in 2011 had at least 4 care transitions during their last 6 months of life, according to a study published online in the Journal of the American Geriatrics Society. . . . There was substantial geographic variation in the average number of transitions in the last 6 months of life, ranging from 1.8 in Alaska to 3.1 in New Jersey. For decedents approaching death, transitions became more intensive. Four or more transitions were more likely in women, blacks, individuals younger than 85 years, and individuals without dementia.” LTC Comment (from Stephen A.
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Categories: Industry News and Long-Term Care.

“Canadian Brain Health Diet Shows Promise in Reducing Risk of Alzheimer’s Disease,” by Patrick Connole, Provider

“Preliminary research by Toronto-based scientists offers further encouragement to the growing field of study that shows ‘brain-friendly’ diets for people approaching middle age or well into their senior citizen years can help reduce the risk of Alzheimer’s disease (AD). Called the Canadian Brain Health Food Guide, the creation seeks to influence individuals and institutions to choose smarter foods like beans, whole grains, and nuts over prepackaged foods lacking in the nutrients scientists say are needed to protect brain cells and stem disease. Preliminary results for the Canadian entry into the brain-friendly field (joining the well-known Mediterranean Diet, among others) produced
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Categories: Industry News and Long-Term Care.

“CMS data shows racial, ethnic, gender disparities in Medicare Advantage care,” by Susan Morse, HealthCareFinance

“Significant gender, racial and ethnic differences exist in care received by beneficiaries of Medicare Advantage, according to two reports released by the Centers for Medicare and Medicaid Services. One report compared quality of care for women and men while the other report looked at racial and ethnic differences in healthcare experiences and clinical care in comparisons among women and men. . . . In 24 clinical care measures, 16 were rated as similar for both sexes, five showed women get better care than men and three showed women get worse care than men. . . . In clinical measures, the
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Categories: Industry News and Medicare Supp./Adv..

Good News | 3-in-1 Promotion 4th Quarter Winners

Announcing GoldenCare’s Winners of the 3-in-1 Promotion’s Bonus Cash Drawing (4th Quarter) All of GoldenCare’s Mutual of Omaha Custom Solution LTCi business submitted during the fourth quarter of our 3-in-1 Promotion  has been finalized! We are pleased to announce the GoldenCare winners of the Bonus Cash Drawing for the 4th Quarter of 2016. (The Bonus Cash Drawing includes 20 prizes, totaling $5,000.) The winners are: $1,000 (one winner) •   Sam M. – WI $500 (three winners, one from GoldenCare territory) •  Brian A. – WI $250 (six winners, three from GoldenCare territory) •  Paul W. – IN •  Randy
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

CMS Medicare Star Surveys are underway

In March, April and May, your Medicare clients may be asked to participate in the Consumer Assessment of Healthcare Providers and Systems survey (CAHPS), the Health Outcomes survey (HOS), or both. These surveys ask members questions about their physical and mental health, and healthcare they received from their health plan and providers. Survey results help us find out what we’re doing well and areas we can improve. For more CMS Medicare Stars information, including how you can help your clients achieve their best health, login to Producer World, click “Individual Medicare” at the top, and then click “Tools,” scroll down
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Categories: Aetna, Industry News, and Medicare Supp./Adv..