Penn Treaty Surcharge for Active Long Term Care Policyholders Resident in California Genworth Life Insurance Company (GLIC)and Genworth Life and Annuity Insurance Company (GLAIC) (GLIC and GLAIC, collectively Genworth) recently started mailing California Resident LTC policyholders seeking recoupment for assessments made against Genworth by the California Life and Health Insurance Guarantee Association (CLHIGA) for the 2017 Penn Treaty insolvency. CLHIGA assessed all companies writing health insurance in California to make up the shortfall needed to pay Penn Treaty claims caused by that insolvency. This assessment is not unique to Genworth, and Genworth has no affiliation with Penn Treaty. California law
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Medicare Supplement Insurance Premium Rate Changes
Transamerica Premier Life Insurance Company will be implementing Medicare Supplement insurance premium rate changes in the following states for new sales and in force policies. The in force policies that are impacted were originally underwritten by Transamerica Premier Life Insurance Company. State Plan Adjusted Percentage Upload Date New Rate Effective Date District of Columbia A, F, G, N 7.5% increase 2/20/2020 4/1/2020 Delaware A, F G N 9% increase 7% increase 0% increase 2/20/2020 5/1/2020 Idaho A, F, G, N 15% increase 2/20/2020 5/1/2020 Kansas A, F, G, N 10% increase 2/20/2020 5/1/2020 Maryland A, F, G N 7.5% increase
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Good News | Mutual of Omaha: We Are Open For Business
Mutual of Omaha Is Open For Business: Highlights & Resources Available As you are likely aware, Mutual of Omaha’s physical location is temporarily closed. We are practicing social distancing and have asked all associates who are able, to work from home. We appreciate your patience and understanding as we take steps to protect the health and safety of our associates and ensure uninterrupted service to our customers. Please know that we are open for business in a remote capacity. Our processes and procedures are functioning, and we should not experience an interruption in business for either our customers or business
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“Opportunities To Expand Telehealth Use Amid The Coronavirus Pandemic”
“Opportunities To Expand Telehealth Use Amid The Coronavirus Pandemic,” by Jared Augenstein, Health Affairs Quote: “Following enactment of coronavirus emergency supplemental legislation that expands Medicare coverage of telehealth, we can expect increased reliance on telehealth services for Medicare beneficiaries. As more and more patients with symptoms seek treatment, the virus could spread rapidly in health care settings. Telehealth offers unique capacity for remote screening, triage, and treatment, and it could be a powerful tool for reducing transmission of the disease to and among health care workers and patients who are not infected.” LTC Comment (from Stephen A. Moses, President,
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Clippings, Industry News, and Long-Term Care.
“McKnight’s 40 for 40: Bill Thomas”
“McKnight’s 40 for 40: Bill Thomas,” by John O’Connor, McKnight’s LTC News Quote: “Editor’s note: As part of the 40th anniversary of McKnight’s, McKnight’s Long-Term Care News and McKnight’s Senior Living are recognizing 40 notable newsmakers. Each week, the brands will highlight a high-profile leader from the past four decades. Published installments of the series can be found here. “Dr. Bill Thomas defies easy description. His multifaceted career has included stints as a physician, professor, playwright, performer, businessman – and more. But to most in this sector, he’s simply a guy redefining the meaning and shape of eldercare in America.”< LTC Comment
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Clippings, Industry News, and Long-Term Care.
“2020 Alzheimer’s Webinar Series”
“2020 Alzheimer’s Webinar Series,” Administration on Community Living Quote: “The Alzheimer’s Association 24/7 Helpline is hosting a 3-part webinar series in partnership with ACL, the National Association of Area Agencies on Aging (n4a), the Eldercare Locator, AARP, SAGE, and National Asian Pacific Center on Aging. The goal of these webinars is to ensure professionals understand the impact of Alzheimer’s disease and brain health on American families, and how critical it is to connect them to information, community resources, and support. REGISTER HERE.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Yeah, and
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Clippings, Industry News, and Long-Term Care.
“CMS waives three-day stay requirement, MDS deadlines as dining struggles emerge amid COVID-19 response”
“CMS waives three-day stay requirement, MDS deadlines as dining struggles emerge amid COVID-19 response,” by Danielle Brown, McKnight’s LTC News Quote: “The federal government is waiving its three-day stay requirement for Medicare skilled nursing facility coverage as it works to respond to the COVID-19 outbreak across the United States. The waiver of the rule comes after President Donald Trump on Friday declared a national state of emergency for the 2019 novel coronavirus disease.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Private LTC insurance dropped the 3-day hospitalization requirement many years ago. Only
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Clippings, Industry News, and Long-Term Care.
“Denver 2020 ILTCI Conference Cancelled”
“Denver 2020 ILTCI Conference Cancelled,” The ILTCI Executive Committee Quote: “The Executive Committee of the ILTCI has monitored the COVID-19 virus closely. The situation in the host city of Denver, Colorado has worsened, including the governor of Colorado declaring a state of emergency. Unfortunately, we feel that it is impossible to proceed with the 2020 conference given the facts surrounding this pandemic. As likely goes without saying, we put the safety of our members first. Like most conferences, professional sports teams and other organizations whose members planned to meet in any material number this March, we have decided that proceeding
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Mutual of Omaha ILTCI Status Update
From the Desk of Steve Pike As concern with the global coronavirus (COVID-19) outbreak grows domestically, Mutual of Omaha has made the difficult decision to withdraw its participation from the 2020 ILTCI Conference in Denver on March 29-April 1st. The Punch Bowl Social hospitality event scheduled on Monday, March 30th, is also canceled We apologize for any inconvenience this may cause and look forward to our continued support to the ILTCI conference in the future Steve Pike National Sales Director – LTC, DI, CI (800) 693-6083 Contact Me Mutual of Omaha ILTCI Status Update E3422 #goldencareagent #mutualofomaha
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Special Announcement | Coronavirus Preparedness and Our Agents
Special Announcement Coronavirus Preparedness and Our Agents As many of you are aware, the media has had continuing coverage on the Coronavirus (COVID-19). We empathize with those communities around the world and within our own country that have been affected by this virus. We want you to know that we are monitoring the situation through our local sources, including the Minnesota Department of Health (MDH) and the Center for Disease Control and Prevention (CDC). The health and safety of our staff and employees is our highest priority, and we will share any necessary updates in any of our procedures if
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