GoldenCare Newsletter | May 18, 2020

Read Full GoldenCare Newsletter, May 18, 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 all the latest and greatest in the industry.    For a list of current topics and to get in on the discussion Click Here. Update Your Contracts LTCCEO Updates: NEW UPDATE!  If you haven’t updated yet or you haven’t got your copy, contact us today to find out how! Current installs: Double click “Check for Updates” on your desktop to receive the latest update or
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Categories: GoldenCare News, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), and Securian.

“COVID-19-caused kidney injuries heighten demand for dialysis”

  “COVID-19-caused kidney injuries heighten demand for dialysis,” by Alicia Lasek, McKnight’s LTC News Quote: “A large number of coronavirus patients are suffering kidney damage, contributing to a growing need for onsite dialysis in eldercare facilities, according to experts.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Another story said Study Suggests Delirium, Agitation May Follow COVID-19 Infection. Complications are piling up with regard to Covid-19 treatment in nursing homes and assisted living facilities. New York first required nursing homes to take virus patients, then prohibited them when so many sickened and died. As normality returns in
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“Governors eye Medicaid cuts to ease COVID-19 budget pain”

  “Governors eye Medicaid cuts to ease COVID-19 budget pain,” by Jessie Hellman, The Hill Quote: “Governors facing huge budget shortfalls are eyeing cuts to Medicaid, even as millions of unemployed Americans flock to the health insurance program after losing their employer-based coverage. States that are buckling under declining revenues and increased Medicaid enrollment due to COVID-19 say they may have no choice but to cut the program for the poor unless they get more financial support from the federal government.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Don’t cut the “program for the poor.”
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“States face looming crisis over Medicaid growth, which could trigger changes for providers and payers”

  “States face looming crisis over Medicaid growth, which could trigger changes for providers and payers,” by Robert King, Fierce Healthcare Quote: “States are about to face a major budget crisis due to exponential growth in Medicaid enrollment and a decline in tax revenue, which experts say could lead to provider payment cuts or other measures to contain costs.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Very true, but the remainder of this article focuses on Medicaid’s acute care side. That’s not where the biggest financial shortfall will come. Long-term care users, who are 5.9
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“Masks change everything” LTC Humor

  “Masks change everything,” by Gary Tetz, McKnight’s LTC News Quote: “What will COVID-19 do to Social Security’s finances? “Now that small respiratory droplets created by human speech have been found to hang out in the air for more than eight minutes, requiring masks in long-term care and any other setting where people congregate seems like a no-brainer. In fact, at the time of my inevitable demise, please slip one onto my face and leave it there. I don’t want to take any chances of spreading COVID-19 to the afterlife.”   LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

“Seniors turn to reverse mortgages as a cash lifeline during the coronavirus crisis”

“Seniors turn to reverse mortgages as a cash lifeline during the coronavirus crisis,” by Ilana Polyak, CNBC   Quote: “What will COVID-19 do to Social Security’s finances? “More seniors turn to reverse mortgages as a cash lifeline during the coronavirus pandemic. A reverse mortgage can be used in correlation with other retirement income strategies to lessen what’s known as ‘sequence of return risk.’ Applications for reverse mortgages were up 15% in March, according to Reverse Mortgage Insight.”   LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): I’ve long predicted that reverse mortgages would fill the LTC
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Categories: Clippings, COVID-19, Industry News, and Long-Term Care.

Heart Attack & Stroke Insurance Lets Your Clients Focus on Treatment

The numbers are overwhelming, but According to the American Heart Association, every 40 seconds someone in the US suffers a heart attack or a stroke. But, studies also show more people are also surviving these diseases more than ever before. With a Heart Attack & Stroke policy from the Critical Advantage Portfolio, you can help your clients: ✔ Replace lost income ✔ Pay health insurance deductibles and co-pays ✔ Keep up with ongoing living expenses like groceries and house payments Take this opportunity to talk to your clients about the costs a stroke can have on them and their family.
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Three Express Solutions – Which Should Your Client Choose?

At United of Omaha, we offer a variety of Express life insurance solutions. While each solution is a little different, they all have one thing in common – they all use simplified underwriting. Simplified underwriting means: No blood or urine No paramed exam No lengthy health inquiries This simplified process makes our Express portfolio ideal for clients who are looking to get coverage issued quickly. When it comes to the individual product solutions, it’s important to know the features and benefits of each product. Use our side-by-side comparison of Indexed Universal Life Express, Guaranteed Universal Life Express, and Term Life
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

DI Training Webinars

As a financial professional, you’ve likely seen how much income protection helps when someone needs it the most. Disability Insurance Awareness is a great time to learn about income protection and for you to talk to your clients about how disability income insurance can protect their lifestyle, their assets and most importantly, their family. We’re hosting a series of training webinars this month, so put the webinars on your calendar today. To join simply click “join now” on the webinar schedule, no registration needed. View DIAM webinar schedule.   DI Training Webinars   #goldencareagent #mutualofomaha
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Categories: Disability Income Insurance, Industry News, and Mutual of Omaha (& Affiliates).