“Medicare Advantage Beneficiaries Log Almost 30% Fewer SNF Days Than Traditional Medicare”

  “Medicare Advantage Beneficiaries Log Almost 30% Fewer SNF Days Than Traditional Medicare,” by Maggie Flynn, Skilled Nursing News     Quote: “A new report comparing health outcomes for beneficiaries of Medicare Advantage (MA) and those on traditional fee-for-service Medicare put hard numbers to the differences in skilled nursing facility stays between the two groups. The findings show that MA beneficiaries spend far fewer days in SNFs than those covered by traditional Medicare. Specifically, SNF stays were 29% lower per 1,000 MA members, compared with those enrolled in traditional fee-for-service Medicare. … BMA is an organization that supports MA with
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Categories: Clippings and Industry News.

“GE Puts SEC Long-Term Care Insurance Probe Behind It”

  “GE Puts SEC Long-Term Care Insurance Probe Behind It,” by Allison Bell, ThinkAdvisor      Quote: “General Electric Company is moving to resolve a U.S. Securities and Exchange Commission investigation over what the company did with bad news. GE has agreed to pay a $200 million penalty to the SEC and to give the agency regular reports, for one year, on efforts to improve accounting and disclosure controls, officials said. The investigation involved what GE said about earnings at its GE Power business, and how the company handled deteriorating forecasts about the future performance of its long-term care insurance (LTCI) reinsurance
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Categories: Clippings and Industry News.

Holiday Video Greetings Inside!

At the end an unprecedented year, it’s important to take time to enjoy family, friends and some downtime. There’s nothing like the holiday season to remind us what’s important and help us recharge for the new year ahead. Happy Holidays to you and your family! Enjoy these personal video greetings from your Sales Team:       Holiday Video Greetings Inside!   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

We Believe in Long-Term Care Insurance

We sold our first long-term care insurance policy in 1987, and since then, Mutual of Omaha has paid over $1.1 billion in benefits to our policyholders. We are committed to providing solutions that will meet the long-term care needs of your clients and prospects, and to offering you the tools and resources that make it easy to do business with us. Mutual of Omaha continues to invest resources into growing and refining our LTCi business and is proud to offer you the following: Product Solutions — When it comes to long-term care insurance, there isn’t a one-size-fits-all solution. Every client
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Union Security Rate Adjustment – West Virginia

Medicare Supplement Rate Adjustment in West Virginia The following rate adjustments are effective February 1, 2021 for new and in-force business in West Virginia: Lumico Rate Adjustment State Plan A Plan F Plan G Plan N West Virginia 4.0% 4.0% 4.0% 0.0%   Applications signed on or before December 31, 2020 will receive the current rates. Application signed on January 1, 2021, or later, will receive the new 2-1-21 rates. Applications re-dated on or after January 1, 2021 will receive the new 2-1-21 rates. Click to download the new West Virginia Outline of Coverage   Marketing Materials: For your convenience,
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Categories: Industry News, Medicare Supp./Adv., and Union Security.

Print Platform Is Changing on Agent Net Info

EFFECTIVE DECEMBER 15, 2020 We know it’s important to put your best foot forward with agent- and consumer-facing materials. Please be aware, we are changing the print platform on Agent Net Info to improve your experience. Effective December 15, 2020: The home page link to TransMarketing is changing to “Order Marketing Materials” You’ll now be directed to the Agent + Advisor Portal Log in to the portal and navigate to “Merrill Connect,” which can be found on the Sales Tools page. First-time users will need to register — click on the link below to view the registration video. HOW TO
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Categories: Industry News, Life Insurance, and Transamerica.

Jamaica incentive trip dates changed

COVID-19 has certainly complicated business as usual. Yet our top LTC agents still deserve their time in the sun when they go above and beyond — now more than ever. But to ensure more of our agents are able to attend our 2021 incentive trip to Jamaica, we’ve decided to change the dates. Originally set for March 28 — April 1, 2021, the incentive trip will now take place October 17 — 21, 2021. We recognize these are difficult times for many and traveling right now may not be possible. This is our way of making sure our dedicated agents
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Categories: Industry News, Long-Term Care, and Transamerica.

Announcement: Mutual of Omaha National Sales Director

From the Desk of Tess Grace It is with bittersweet news that I inform you Steve Pike, National Sales Director, has announced his retirement beginning January 4, 2021. Steve has been with Mutual of Omaha for over 10 years and was an integral force in leading the Long-term Care, Critical Illness and Disability products. We thank him for all his contributions to Mutual of Omaha and wish him well on his much-deserved next chapter in life. It is with great pleasure I announce his successor, Corri Campbell. Corri has been with Mutual of Omaha for 1 year serving as a
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

EssentialLTC compensation structure updates

You asked and we listened Your feedback was used to simplify and enhance National Guardian Life Insurance Company’s (NGL) EssentialLTC Long Term Care insurance compensation schedule. These changes are available starting on January 1, 2021. We encourage you to ask GoldenCare about the changes and about signing the new schedule. Simplified compensation structure Your compensation is important to us. We listened to you and heard that you wanted a simplified compensation structure, making it easier for you to understand how you will be paid. Instead of eight levels of age bands, there are now two levels: Issue ages 40-69 Issue
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Important Transamerica Update

The Transamerica companies are part of the worldwide group of Aegon companies. As an international life insurance, pensions, and asset management company based in The Hague, Aegon has businesses in over 20 markets in the Americas, Europe, and Asia. Aegon Capital Markets Day: Leader in investment, protection, and retirement solutions December 10, 2020, 07:00 CET At today’s Capital Markets Day, Aegon CEO Lard Friese announces the company’s new strategy and financial targets for the period 2021 to 2023. Financial Targets 2021 — 2023 Reduce gross financial leverage to EUR 5.0 to 5.5 billion Implement expense savings program of EUR 400
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Categories: Industry News, Long-Term Care, and Transamerica.