“How to Fix the Global Retirement Crisis”

“How to Fix the Global Retirement Crisis,” by Reshma Kapadia, Barron’s “The idea of moving into a nursing home is abhorrent to most Americans, but many older Swedes have to lobby to get into one. Aging parents in the U.S. may remind their adult children to visit them, but China requires it by law. Visit playgrounds in Japan and you’ll find elder-friendly fitness equipment instead of monkey bars and slides. We are at the beginning of a global aging boom—and countries all over the world are facing the same challenges. Some are coming up with creative ways to address the
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Categories: Clippings, Industry News, and Long-Term Care.

“10 Things to Know about Medicaid Managed Care”

“10 Things to Know about Medicaid Managed Care,” by Elizabeth Hinton, Robin Rudowitz, Maria Diaz, and Natalie Singer, Kaiser Family Foundation” “Medicaid is the nation’s largest public health coverage program, though many Medicaid beneficiaries now receive their care through privately-held managed care companies. This brief describes key themes related to the use of comprehensive, risk-based managed care in the Medicaid program and highlights data and trends related to MCO enrollment, service carve-ins, spending, MCO parent firms, and state and plan activity related to quality, value-based payments, and the social determinants of health.” LTC Comment (from Stephen A. Moses, President, Center
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Categories: Clippings, Industry News, and Long-Term Care.

New Lower GULE Rates

On October 1, 2019, we will be making Guaranteed Universal Life (GULE) even more competitive, with rate decreases between 5 and 30 percent! That’s not all, we will also be increasing the maximum issue age for non-tobacco to age 70 as well as updating the face amounts to match Term Life Express. The maximum face amounts will now be: 18-50: $300,000 51-60: $250,000 61+: $150,000 Plus GULE still offers the flexibility your clients love with our short pay and dial down features. Look for more information and updated marketing materials soon!   New Lower GULE Rates   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

How to Introduce Critical Advantage Products to your Clients

With a critical illness diagnosis, there is usually out-of-pocket expenses included in treatment. With Critical Illness, Cancer and Heart Attack and Stoke coverage, your clients get paid a cash benefit to pay for any expense not covered by regular health insurance. This can include items like child care, travel and lost wages due to time away from work. If you need help with introducing these products to your Medicare Supplement or Long-Term Care clients, the Guide to Introducing Critical Advantage Products is what you need. Check out this handy guide for tips on cross-selling and what you need to be
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).

Video Interview with Chief LTC Underwriter Carol Carville

Go behind the scenes with Carol Carville. We hope the video interview with Demerri Bond was helpful and insightful. We’re excited to bring you the next in the series, a candid interview with underwriter Carol Carville. Carol has worked in group medical, life, disability and now long-term care, so her perspective is unique and varied. In the video, she talks about common application mistakes and why the relationships she has with producers in the field is so important to her and our business. Don’t miss it!   Video Interview with Chief LTC Underwriter Carol Carville   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Updated E-App Quick Start Guide and FAQs

The long-term care E-App Quick Start Guide and E-App FAQs have been updated with more helpful information. Download the materials below: LTC E-App FAQ LTC E-App Quick Start Guide These materials are also available to order through normal ordering channels. If you have questions, please contact your Account Executive or Sales Director.   Updated E-App Quick Start Guide and FAQs   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Strength Must Be Earned – Even in the Insurance Industry

When we offer a product, we know we’re staking a century’s worth of hard-won reputation on it. So we know our IUL products have to be honest and simple. It may sound easy, but the IUL products that are on the market today are growing more complex and increasingly difficult for clients to understand. But not ours. We pride ourselves on having the moral strength to do what’s right for clients and provide them with an IUL that does what they were originally designed to do – offer upside potential and downside protection. Simple. Transparent. Honest. Now that’s strong —
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

EssentialLTC E-APP Enhancements

E-APP Enhancements Effective 8/29, the following enhancements were made to the EssentialLTC E-APP: Additional clarity on where to enter the Primary Care Physician’s name and phone number The premium mode selection will only have to be made one time and will carry through to other sections of the E-APP You can now access PDF copies of submitted E-APPS in the Agent Resource Center in YOUR E-APP SUMMARY REPORTS in addition to accessing a PDF copy in the email sent once all required signatures are received More changes to continue to improve our E-APP experience are coming soon! Uploaded Paper Applications
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Categories: Industry News, Long-Term Care, and National Guardian Life.

LTC Post-Issue Requirements: Outstanding Premium

Over the past few weeks you’ve learned the basics about long-term care post issue requirements (PIRs), including an overview of the types, as well as different amendment scenarios. Today we will discuss outstanding premium. If there is any outstanding premium due, below are things to note to meet the post-issue requirements as quickly as possible. Post-Issue Benefit Changes If a benefit change is made post-issue, the original premium is still due by day 60 from issue. The new Premium Statement sent in the new policy kit will list the date the premium is due as “Upon Receipt.” Completed Checks When
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

August 22nd Underwriting Teleconference Recording Now Available

We appreciate your attendance and enjoyed answering all your questions at the third LTC underwriting teleconference. During the call you heard from Aaron Smallwood, Supervisor Underwriting Support for LTC, Demerri Bond, LTC Underwriting Manager, and Allen Gregoire, our Director of Underwriting for all individual health. Didn’t make it? That’s OK! We recorded it for you. All teleconferences are available for download on Sales Professional Access under Sales Tools > Product Education. Listen to last week’s teleconference now.   Make sure to add the remaining bi-monthly teleconferences to your calendar.   Please email us suggestions on topics or questions you’d like
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).