The Life Insurance Underwriting Guidelines and Product Portfolio have been updated and are now available to order. Click below to view/download directly: Underwriting Guidelines Product Portfolio All materials are available to view/download through SPA or can be ordered through your normal channels. If you have questions, please contact your Account Executive or Sales Director. Updated Product Portfolios and Underwriting Guides #goldencareagent #mutualofomaha
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A new Humana product for the people
A New Humana Product for the People We know Humana Medicare Supplement coverage is a big deal for your clients, which is why we’re now offering Humana Achieve Medicare Supplement Plans. It’s a plan that offers many of the same benefits as Human’s premier line of products at a great value. The best news all day. Agents who are already appointed with Humana may already have access to Humana Achieve. Current appointments require no additional contracting paperwork, so you can focus on serving your clients. Approved States These new plans have been approved in several states with more scheduled
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Underwriting Operation: Interview with Chris
Go behind the scenes with Chris Klement. We hope our video series introducing you to some of our underwriters has been helpful. Knowing who’s on the other end of the phone, trying to help you get your clients covered, can be reassuring. This time, we’re introducing you to Chris Klement. He enjoys building relationships with our distribution and thinks of himself as an extension of your salesforce and helping to get the policies issued. In Chris’s words, he’s your “wild card” who can help problem-solve when challenging cases arise. Take a moment to meet Chris – the wild card up
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Humana Marketing Resource Center (MRC) Downtime!
Attention Agents! Attention Agents! The Marketing Resource Center (MRC) will be unavailable Friday, November 15 from 7 AM — 9 AM and Sunday, November 17 from 8 AM — 4 PM for scheduled maintenance. Please contact the Humana Marketing Support team with any questions at Humana@Broadridge.com. Humana Marketing Resource Center (MRC) Downtime! #goldencareagent #medicare #aep
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Good News | CMS Announces 2020 Copay & Deductibles
CMS Has Announced The 2020 Copy and Deductibles The Centers for Medicare and Medicaid Services (CMS) recently announced their 2020 Copay/Deductibles. Listed below are basic costs for people with Medicare. 2020 Copay/Deductibles 2019 2020 Part A Deductible $1,364 $1,408 Part B Deductible $185 $198 Part A Coinsurance Days 61 — 90 $341 $352 Days 91 — 150 (Lifetime Reserve Days*) $682 $704 Skilled Nursing Home Days 21 — 100 $170.50 $176.50 Standard Part B Monthly Premium $135.50 $144.60 High Deductible Plans F & G $2,300 $2,340 Plan K Out of Pocket $5,560 $5,880 Plan L Out of Pocket $2,780 $2,940
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“Three Ways to Protect Yourself from the Cost of Nursing Home Care”
“Three Ways to Protect Yourself from the Cost of Nursing Home Care,” by Jeffrey Marshall, Marshall, Parker & Weber, LLC “This article will discuss three techniques that elder law attorneys use to help families protect themselves against the financial cost of long-term care once the need for that care has arisen. These strategies are just part of the planning arsenal that is available. They can be used in a time of crisis. But, of course, it is best to plan early, rather than wait for a crisis to happen. … Using assets to pay off debts and expenses … Buying
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“Medicare Part B Premiums Rise 7% In 2020, With Premiums For Highest-Income Couples Nearing $12,000 A Year”
“Medicare Part B Premiums Rise 7% In 2020, With Premiums For Highest-Income Couples Nearing $12,000 A Year,” by Ashlea Ebeling, Forbes “The Centers for Medicare & Medicaid Services has announced Medicare Part B premiums for 2020, and the base premium increases nearly 7% from $135.50 a month to $144.60 a month. That $9.10 monthly increase compares to a modest $1.50 monthly increase last year. Meanwhile high earners are still getting used to income-related surcharges that kicked into higher gear in 2018, and those have been bumped up again too. The wealthiest senior couples will be paying nearly $12,000 a year in Medicare
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“A Retirement Community That Comes to You”
“A Retirement Community That Comes to You,” by Paula Span, New York Times “Typically, a C.C.R.C. operates a complex or campus where residents shift from independent living to assisted living, a memory-care unit or a nursing home if their health and mobility decline. But in continuing care at-home programs, members essentially spend the independent living years in their own houses. … Though some at-home programs date to the 1990s, there are still very few. Across the country, nearly 2000 C.C.R.C.’s, mostly nonprofits, serve about 745,000 residents. Only 32, in about a dozen states, have added at-home programs. But more senior
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“IRS Seeks to Adjust RMDs for Longer Lives”
“IRS Seeks to Adjust RMDs for Longer Lives,” by Melanie Waddell, ThinkAdvisor Quote: “The Internal Revenue Service has released proposed regulations to update the life expectancy tables for required minimum distributions from qualified retirement plans, IRAs and annuities. … With the proposed change, a retiree’s first RMD would be 3.44% of their account, down from 3.65%, according to Jeff Levine, a CPA and financial planner.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): If this change takes effect, retirees will have more wealth to protect for longer … one more reason to insure for LTC
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“Even If You Have Medicare, You’ll Still Pay Thousands Out-Of-Pocket For Health Care”
“Even If You Have Medicare, You’ll Still Pay Thousands Out-Of-Pocket For Health Care,” by Howard Gleckman, Forbes Quote: “One of the biggest misconceptions seniors have about health care is this: I have Medicare so don’t need to worry about medical costs in old age. It is a dangerous mistake. Not only does traditional Medicare generally not pay for long-term supports and services (either at home or in a nursing home), but it doesn’t pay for a significant chunk of medical treatment. And while most seniors purchase Medicare Supplement (Medigap) insurance to top up their basic Medicare, even they may incur significant
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