LTC Marketing Program Has Been Discontinued

Apr. 2020 LTC Marketing Program Has Been Discontinued Our LTC Marketing Credits program has been discontinued effective March 31st. We’re exploring new ways to recognize our top producers and incentivize sales success. For now, here’s what’s important to know about the discontinuation. How to Redeem Your Credits: Must submit for reimbursement on or before April 15, 2020 Submit your paid invoice or receipt along with the LTC Marketing Credits Reimbursement Form to Jackie.Cooper@mutualofomaha.com All reimbursements are done via direct deposit Complete your one-time ACH direct deposit form here. If you have questions, please contact your GoldenCare Regional Director by calling
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Good News | We’re Expanding Our Online Tools To Better Assist You

Additional Features & Capabilities Offered Within Our Online Tools Our GoldenCare CSG Actuarial quoting & comparison tool has been expanded to include new features and additional product lines! Users will now have access to the Document Locker and Electronic Scope of Appointment, as well as have the capability to quote & comparison hospital indemnity plans and final expense! Best yet, we provide complimentary access for appointed agents! Click here to learn more about our CSG Actuarial tool. Read Full Good News Article     Don’t forget to subscribe to our News Digest for all the latest announcements from the Top
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Categories: GoldenCare News, Industry News, and Long-Term Care.

“China Oceanwide Renews Genworth Deal Financing Arrangement”

“China Oceanwide Renews Genworth Deal Financing Arrangement,” by Allison Bell, ThinkAdvisor     Quote: “Genworth Financial Inc. says its would-be buyer, China Oceanwide Holdings Group Co. Ltd., has confirmed having one part of the deal financing in place and is now working on finalizing the rest of the financing. China Oceanwide agreed to pay a total of $2.7 billion for Genworth in October 2016.”   LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): The finish line?      
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Categories: Clippings, Industry News, and Long-Term Care.

“Feds relax Medicare Advantage regulations amid pandemic”

“Feds relax Medicare Advantage regulations amid pandemic,” by Bob Herman, Axios     Quote: “Federal payments to Medicare Advantage companies will increase by 1.66% in 2021, and several of the insurance program’s policies are being waived or changed due to the coronavirus outbreak, the Centers for Medicare & Medicaid Services said Monday. The bottom line: Medicare Advantage continues to grow at a lofty rate, and the Trump administration is protecting those health insurers through the pandemic and into next year. Between the lines:New regulatory changes, issued due to the coronavirus, are arguably more important than the payment increase.”    
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Categories: Clippings, Industry News, and Long-Term Care.

GoldenCare’s CSG Actuarial Tool Now Offers More Value

Great News! Our GoldenCare CSG Actuarial quoting & comparison tool has been expanded to include new features and additional product lines! Users will now have access to the Document Locker and Electronic Scope of Appointment, as well as have the capability to quote & comparison hospital indemnity plans and final expense!   Document Locker and Electronic Scope of Appointment Now you can sign and electronically store Scope of Appointments! CSG Actuarial is helping agents stay compliant and get to the Medicare Advantage sale faster with the Electronic Scope of Appointment and Document Locker. Benefits of using the eSOA: Scopes are
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Categories: GoldenCare News, Hospital Indemnity Plan, Industry News, Life Insurance, and Medicare Supp./Adv..

GoldenCare Newsletter | April 6, 2020

Read Full GoldenCare Newsletter, April 6, 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), National Guardian Life, Thrivent, and Transamerica.

“The Real Reasons People Decide to Buy Long-Term Care Insurance”

“The Real Reasons People Decide to Buy Long-Term Care Insurance,” by Dennis Ho, Kiplinger   Quote: “Before you dig into costs, benefits and contingency plans, step back and look at the big picture. This decision is bigger than budgets and life-expectancy tables. It’s about your family and your wishes for them as well as yourself. Reason 1: I don’t want my care to become a burden to my family. Reason 2: I want to ensure I save what I’ll need for retirement – and protect my hard-earned assets. Reason 3: I want to ensure I have choices when it comes
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Categories: Clippings, Industry News, and Long-Term Care.

“Here’s Why Genworth Financial Is Soaring Today”

“Here’s Why Genworth Financial Is Soaring Today,” by Matthew Frankel, Motley Fool   Quote: “Thursday is shaping up to be a relatively calm day for the stock market, but one stock that is seeing a major upside move is Genworth Financial (NYSE:GNW). As of 10:45 EDT, the mortgage and long-term care insurance company was higher by nearly 16%. … The company issued an update to shareholders Wednesday afternoon, stating that China Oceanwide has informed them that the $1.8 billion financing arrangement they’re relying on has been successfully extended through the end of June, which is the current deadline for the transaction to
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Categories: Clippings, Industry News, and Long-Term Care.

Exciting new look from NGL

Exciting new look from NGL We hope that you are all staying healthy and we thank you for your continued support. As we all navigate this uncertain time, we wanted to provide some positive news and are excited to share our new logo with all of you! Please click on the image below for the reveal. NGL has utilized the “tree of life” logo since 1965 when it was originally created. It has been a strong logo, however with NGL’s renewed purpose and focus, a modern brand that resonated with partners and policyholders was created. “Testing several logos and selecting
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Grace period extended for policyholders

March 31, 2020 By NGL Nothing about the last few weeks has been normal. We have all been impacted by the recent events centered around the coronavirus (COVID-19). Our hearts go out to anyone who is ill or has an ill family member. To help our policyholders during this difficult time, NGL is temporarily extending our policy lapse grace period to 120 days from 60 days. What does a 120-day grace period mean? We understand there is a lot of uncertainty right now, and NGL doesn’t want to add additional stress on you if you are experiencing financial concerns. If
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Categories: COVID-19, Industry News, Long-Term Care, and National Guardian Life.