“9 Surprising Secrets About Long-Term Care and Medicaid”

“9 Surprising Secrets About Long-Term Care and Medicaid,” by Kathleen Coxwell, MoneyTalksNews Quote: “5. It is legal to manipulate your finances to qualify for Medicaid. … To accelerate Medicaid qualification, some retirees work with legal and financial specialists to gift money to family members, purchase annuities, put money into different kinds of trusts and do various other tricks to shield assets from being part of the Medicaid calculations. … 6. Medicaid planning is an industry. … There is a cadre of lawyers, consultants and advisers who help retirees manipulate their finances so that they can qualify for Medicaid and avoid
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Categories: Clippings and Industry News.

“The Alzheimer’s Stamp Now Available to Purchase”

“The Alzheimer’s Stamp Now Available to Purchase,” Argentum Quote: “The Alzheimer’s semipostal stamp has been reinstated and is now available for purchase at most post offices, online, and by phone at 1-800 STAMP-24. Before it was withdrawn in November 2019, over 8.2 million stamps were sold raising more than $1.06 million for NIH supported research. Using the Alzheimer’s stamp honors the memory of those lost and signals support for those still facing the challenges of this most difficult disease. Learn more.” LTC Comment:   Don’t forget to pick up some Alzheimer’s stamps.    
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Categories: Clippings and Industry News.

“Walmart Jumps Into the Medicare Plan Distribution Market”

“Walmart Jumps Into the Medicare Plan Distribution Market,” by Alison Bell, ThinkAdvisor Quote: “Walmart is putting its corporate muscle behind the idea of getting consumers excited about buying Medicare plans. The Bentonville, Arkansas-based retail giant announced today that its new Walmart Insurance Services LLC insurance agency division will be ready to sell Medicare plans in all 50 states and the District of Columbia starting Oct. 15, the first day of the Medicare plan annual election period.” LTC Comment:   What’s next, Amazon? Or is Bezos already there?    
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Categories: Clippings and Industry News.

The Problem With Buying Bundled Life and Long-Term Care Insurance”

“The Problem With Buying Bundled Life and Long-Term Care Insurance,” by Ingrid Case,Money Quote: “If insurance that covers one peril is good, a policy that covers two is even better — or so the growing number of people who are buying hybrids of life insurance and long-term care insurance seem to believe. Yet financial advisors say these two-for-one products may offer dubious value for many consumers.” LTC Comment:   Well, at least Money is talking about LTC insurance.    
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Categories: Clippings and Industry News.

Kemper Senior Solutions HHC-5/EBR-HHC-5 Rate Increases

Rate increases have recently been approved in five states for the HHC5 stand-alone Home Health Care plans. Below are the impacted states and the increase percentages approved: STATE APPROVED PERCENTAGE INCREASE Louisiana 51.00% Nevada 51.00% Pennsylvania 29.00% South Carolina 20.00% Tennessee 35.00% West Virginia 51.00%   Insureds will receive notice of the increase at time of renewal. Depending on their state of residence, the letters will be mailed 30 or 45 days in advance of the renewal.   Respectfully, Charles Steele Kemper Health President   #goldencareagent #kemper
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Categories: Industry News and Short-Term Care.

GoldenCare Newsletter | October 5, 2020

Read Full GoldenCare Newsletter, October 05, 2020 Edition In this GoldenCare Newsletter Edition   From GoldenCare: Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on the latest products and sales strategies. Check back for our next exciting promotion! Guest Article: “Home healthcare outpaces skilled nursing in its post-COVID-19 rebound,” by Kimberly Marselas,McKnight’s Senior Living Enjoy!   Compliance: Reminder: Holiday Telephone Solicitation Bans for September 2020   Industry Updates: From Mutual of Omaha: Share the LTC Consumer-Approved Video With Clients Webinar: Sales and Marketing Process Two Ways to See Your
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), Securian, and True Freedom.

You’re Invited | Tomorrow! Get the jump on this breakthrough product your clients will love!

Join us for this webinar and receive the Critical Cash Consumer Presentation, as well as the “Bucket Calculator” just for attending!     Questions or help registering? Call the GoldenCare 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  
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Categories: GoldenCare News, Guarantee Trust Life, and Industry News.

“Genworth and China Oceanwide Push Back Deal Completion Deadline”

“Genworth and China Oceanwide Push Back Deal Completion Deadline,” by Allison Bell,ThinkAdvisor Quote: “Genworth Financial and China Oceanwide Holdings Group Co. Ltd. said Thursday that they have postponed the consummation of their deal a 16th time, to Nov. 30. But the companies said China Oceanwide ‘has reached a general agreement with Hony Capital on the key commercial terms and conditions of its $1.8 billion offshore financing plan to complete the acquisition of Genworth.’” LTC Comment:   One more time!    
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Categories: Clippings, Genworth, and Industry News.

True Freedom Fall & Winter Promotion

.   TRUE FREEDOM FALL/WINTER OLYMPICS Campaign All True Freedom Home Care Plan Enrollments Dated Between October 1st Through December 31st, 2020 For Each Plan Written You Will Receive A $50.00 CASH BONUS   And In ADDITION: Send in 5 Enrollments To Win The BRONZE AWARD: $250 Cash Bonus + $250 Gift Card = $500 Total Send in 10 Enrollments To Win The SILVER AWARD: $500 Cash Bonus + $500 Gift Card = $1,000 Total Send in 15 Enrollments To Win The GOLD AWARD: $750 Cash Bonus + $1,000 Gift Card = $1,750 Total   Access the Promotional Flyer for
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Categories: GoldenCare News, Industry News, and True Freedom.

Announcing GTL’s 2020 4th Quarter Cross-Sell Bonus Extravaganza!

For qualified Hospital Indemnity, Precision Care™ Cancer Insurance, and/or Short-Term Home Health Care applications submitted between October 1, 2020 and December 31, 2020.*   View PDF for Bonus Details     ——— Submit 10-24 Applications During Q4 ——— $20/app For each Advantage Plus®, Precision Care™ and/or Short-Term Home Health Care application submitted, signed and dated within the qualification period.* ——— Submit 25-49 Applications During Q4 ——— $40/app For each Advantage Plus®, Precision Care™ and/or Short-Term Home Health Care application submitted, signed and dated within the qualification period.* ——— Submit 50+ Applications During Q4 ——— $60/app For each Advantage Plus®, Precision
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Categories: Critical Illness, Guarantee Trust Life, Hospital Indemnity Plan, and Industry News.