“Growing gap between what insurers and Medicare spend on hospital stays,” by Jack Craver”

“Growing gap between what insurers and Medicare spend on hospital stays,” by Jack Craver, BenefitsPRO     Quote: “A new analysis takes a look at the difference between what private health plans and Medicare pay for hospital stays. The analysis, published by Thomas M. Selden in Health Affairs, examines the cost of hospital stays from 2000 to 2016. Between 2000 and 2012, the cost of inpatient hospital stays rose much faster for privately insured patients than Medicare enrollees. At the beginning of the millennium, private plans were only paying 10 percent more than Medicare, but that gap grew to 75 percent by
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Categories: Clippings, Industry News, and Long-Term Care.

“The Longevity Economy® Outlook: How people age 50 and older are fueling economic growth, stimulating jobs, and creating opportunities for all”

“The Longevity Economy® Outlook: How people age 50 and older are fueling economic growth, stimulating jobs, and creating opportunities for all,” AARP     Quote: “The contributions of people age 50 and older benefit the economy, which is good for everyone.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Rosy scenario nonsense. This report from AARP focuses entirely on alleged contributions to the economy by people over age 50. It suggests longevity is an economic boon. The words Social Security, Medicaid, Medicare, unfunded liability and bankrupt do not appear in the text. Denial still isn’t a
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Categories: Clippings, Industry News, and Long-Term Care.

“Anticholinergic Drug Exposure and the Risk of Dementia”

“Anticholinergic Drug Exposure and the Risk of Dementia,” by Carol A. C. Coupland, PhD1; Trevor Hill, MSc; Tom Dening, MD; et al., Journal of the American Medical Association     Quote: “The present study adds further evidence of potential risks associated with strong anticholinergic drugs, particularly those that are antidepressants, bladder antimuscarinic drugs, antiparkinson drugs, and epilepsy drugs. Adverse effects should be considered alongside benefits when these drugs are prescribed, and alternative treatments should be considered where possible, such as other types of antidepressant or nonpharmacological treatments for depression, alternative antiparkinsonian drugs, and bladder training or mirabegron for overactive bladders. We found
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Categories: Clippings, Industry News, and Long-Term Care.

“Health Savings Account Balances Show Continued Growth”

“Health Savings Account Balances Show Continued Growth,” Advisor Magazine     Quote: “Excerpts from new research by the Employee benefit Research Institute’s (EBRI) Paul Fronstin & Jake Spiegel reveal that as individuals become more familiar with HSAs, they are more likely to take advantage of the benefits. Reprinted with permission. Read the full report here. According to a new EBRI report, average health savings account (HSA) balances increased from $1,990 in 2011 to $2,803 in 2018. ‘Trends in Health Savings Account Balances, Contributions, Distributions, and Investments, 2011‒2018: Estimates From the EBRI HSA Database’ is a longitudinal study from EBRI’s HSA database, examining trends
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Categories: Clippings, Industry News, and Long-Term Care.

“US cancer death rate sees largest-ever single-year drop, report says,” by Jacqueline Howard”

“US cancer death rate sees largest-ever single-year drop, report says,” by Jacqueline Howard, CNN     Quote: “The rate of people dying from cancer in the United States continued to decline for the 26th year in a row, according to a new American Cancer Society report. From 2016 to 2017, the United States saw its largest-ever single-year drop in overall cancer deaths, a 2.2% plunge spurred in part by a sharp decline in lung cancer deaths, according to the report, published Wednesday in CA: A Cancer Journal for Clinicians.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
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Categories: Clippings, Industry News, and Long-Term Care.

Important: CSG Actuarial Scheduled Maintenance

SCHEDULED MAINTENANCE, SERVICE TEMPORARILY UNAVAILABLE CSG Actuarial’s software systems and websites are scheduled to undergo maintenance on: Friday, January 17 at 5:00 P.M. CST — Saturday, January 18 at 12:00 P.M. CST Please plan around this scheduled maintenance time as you will not be able to access any of the software systems. Notifications will be posted on CSG Actuarial’s software systems and websites to notify users of the scheduled maintenance. Please share this information with any other users you have. This system maintenance will allow us to continue improving the software and services we provide. If you have additional questions,
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Categories: GoldenCare News, Industry News, and Medicare Supp./Adv..

Kemper Senior Solutions Product Discontinuation Announcement

12/18/2019 This announcement is to officially notify producers that after thoughtful review and consideration, Kemper has made the decision to discontinue new business sales within the Kemper Senior Solutions market segment. Our desire is to invest our resources more aggressively into our exclusive agent market as well as our worksite business, Kemper Benefits. Be assured, all existing in-force business will continue to receive the same high standard of service they have come to expect. This change will take effect January 1, 2020, for Life products. All applications for Life products received prior to December 31, 2019, with effective dates on
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Categories: Industry News and Short-Term Care.

Care Solutions News, December 2019

Help clients prepare for the future Have you seen our latest multimedia campaign yet? Prepare for What’s Next uses contemporary infographics and persona-based marketing to capitalize on social media pages. The captioned pictures and videos will help you drive traffic, leads and sales. All assets are ready to be downloaded and shared at AssetBasedLTC.com.   Operations updates Asset Care® underwriting guidelines for age and amount change at the start of the new year Effective Jan. 1, 2020, the age and amount requirements for traditional underwriting of Asset Care® cases will be changing. The revised guidelines require all applicants age 60
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Enhancements to SureBridge University

Enhancements to SureBridge University In an ongoing effort to enhance your training experience, we have made enhancements to SureBridge University. In the SureBridge University link found on the Broker Portal, we added several PowerPoints for the trainings in the “Sales Tool Training” program and “Product Training – Individual Product Courses” program found in your Learning Library. These PowerPoint trainings are now available for agents to download. Additionally, a Voice Enrollment with Voice Signature training was posted to assist agents who may need help with that process. Questions? Contact SureBridge Producer Support by calling 888-797-4447, or by emailing: AgentCommunications@SureBridgeInsurance.com.    
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Categories: Dental, Industry News, and SureBridge.

Union Security Rate Adjustment – Wisconsin

Medicare Supplement Rate Adjustment in Wisconsin The following rate adjustments are effective March 1, 2020 for new and in-force business in Wisconsin: WI Base Plan All Ages: 5.0% WI Part A Ded Rider All Ages: 5.0% WI Part B Ded Rider All Ages: 1.1% WI Part B Excess Rider All Ages: 5.0% WI Foreign Travel Rider All Ages: 5.0% WI Home Health Rider All Ages: 5.0% WI Part B Coins/Copay Rider All Ages: 5.0% Applications signed on or before January 31, 2020 will receive the current rates. Application signed on February 1, 2020, or later, will receive the new 3-1-20
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Categories: Industry News, Medicare Supp./Adv., and Union Security.