“In 10 Years, Half Of Middle-Income Elders Won’t Be Able To Afford Housing, Medical Care,” by Virginia Knight”

“In 10 Years, Half Of Middle-Income Elders Won’t Be Able To Afford Housing, Medical Care,” by Virginia Knight, Kaiser Health News “The study suggests that policymakers could expand Medicare benefits to include access to a wider range of supportive services, or create a new benefit, ‘Medicare Part E,’ that funds long-term care. However, other attempts to set up such a program have run into resistance among lawmakers because of cost. While Medicaid is the primary payer of long-term nursing home care, right now the program is available only to low-income seniors. Seniors may become eligible if they impoverish themselves. However,
Read More

Categories: Clippings, Industry News, and Long-Term Care.

Who’s Hot in Medicare Supplement?

Lumico is part of Swiss Re, a large, global financial services organization that has been in the insurance business for more than 150 years. Pointing to Lumico’s financial stability and security, A.M. Best gave an “A” excellent rating. Lumico — Insurance Made Clear. Lumico has been rated in the top 5 in overall Medicare Supplement premium rate competitiveness by CSG Actuarial since the product launched in July 2018! CSG Actuarial monitors insurance markets to provide the most up-to-date competitive intelligence in the industry. CSG’s MarketAdvisorTM Quoting Tools include premium rate and underwriting information for more than 300 companies.   Who’s
Read More

Categories: Industry News, Lumico, and Medicare Supp./Adv..

GTL Launches Offline Quoting Windows 10 App!

The power of GTL’s mobile e-App is now available on your Windows 10 PC! Click here for a walkthrough on how to download   Not sure if you have the Windows 10 operating system (OS) on your PC? Click here to find out. Important Things to Know No Microsoft account needed to download the e-App. After logging in once while connected to the internet, you can re-log in and quote offline without having to be connected to the internet for up to 90 days. You can download quotes to your desktop to print off or email to your clients. When
Read More

Categories: Accident Insurance, Critical Illness, Guarantee Trust Life, Hospital Indemnity Plan, Industry News, Medicare Supp./Adv., and Short-Term Care.

LTC Underwriting Operation: When Spouses Apply Together

Another case study as part of our ongoing Underwriting Operation. CASE STUDY: Ted and Amber 61-year-old Ted, male, and 57-year-old Amber, female, live In Cape Girardeau, Missouri. The couple has been happily married for nearly 30 years, and their son just finished graduate school. After watching their elderly neighbor’s struggle to maintain long-term care costs and services, they decided to speak to an insurance agent about their future. During this conversation, Ted and Amber discovered they could receive up to 30% off their premium by applying for a MutualCare® Custom Solution together. Based on Ted’s health history, an APS was
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

New contracting process starts June 17 | Marketing Studio training | BenefitsCheckUp

Start date for new enhanced contracting process moves to June 17 We’re in the process of replacing our existing Allina Health | Aetna Medicare contracting system (nomoreforms™) with an improved tool that will expedite the contracting process for MAPD products. Some of the key dates previously announced have changed. The new contracting tool will now be available starting June 17. Read more about what to expect with the new contracting tool. Short blackout period for making contract changes Plan Ahead: From June 3 – 16, there will be a short, temporary blackout period for submitting new contracts and making hierarchy
Read More

Categories: Aetna, Industry News, and Medicare Supp./Adv..

Holiday Telephone Solicitation Bans for the Month of May 2019

Please be aware of the following telephone solicitation bans for the month of May. On Saturday, May 4, 2019: Rhode Island prohibits unsolicited marketing calls to residents in observance of Rhode Island Independence Day On Monday, May 27, 2019: Alabama, Louisiana, Mississippi, Rhode Island, and Utah prohibit unsolicited marketing calls to residents in observance of Memorial Day Holiday Telephone Solicitation Bans for the Month of May 2019   #goldencareagent #mutualofomaha
Read More

Categories: Industry News and Mutual of Omaha (& Affiliates).

LTC Underwriting Teleconference Recording Now Available

We appreciate your attendance and enjoyed answering all of your questions at the first LTC Underwriting Operation Teleconference. Make sure to add the remaining bi-monthly teleconferences to your calendar. Didn’t make it? That’s OK! We recorded it for you. Dial this number to listen to the teleconference anytime: (855) 859-2056 | Conference ID: 1080585   Please email us suggestions on topics or questions you’d like answered before the next call at distribution.marketing@mutualofomaha.com.   LTC Underwriting Teleconference Recording Now Available   #goldencareagent #mutualofomaha >   Related: LTC New Business Teleconference
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Exciting Enhancement to Initial Premium Drafts

We are excited to announce a major enhancement to our payment system. Effective immediately, on all Life products, your clients’ initial premium payments will draft their bank accounts on the day they request it – not a few days later. The best part? There’s nothing for you to do. If your client picks the second Tuesday of each month – their payment will come out on the second Tuesday of each month. No new forms or applications for you to worry about. Also, don’t forget to let your clients know they have options when selecting the date their payment comes
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Life Insurance Prescription Rule Update

We have discovered stand-alone medications are being included in the combination medication rules with our vendors. This mainly affects high blood pressure medications, such as Losartan and Lisinopril, as well as around the use of diuretics such as Furosemide. We have identified changes needed and are in the process of adjusting our prescription rules with our vendors. We expect to have these corrections implemented by the end of April. Until then, we will review cases you do not feel should have been included in this medication change. If you have a case you feel needs further review, please contact your
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

How Long Will Your Clients’ Retirements Last?

Outliving assets is a real threat as people are living longer. According to data compiled by the Society of Actuaries, a man reaching age 65 today has a 50% chance of living until age 86. A woman turning age 65 today, has a 50% chance of living until the age of 88. And those are just for those in average health. About one out of every four 65-year-olds today will live past age 90, and one out of 10 will live past age 95. Not knowing exactly how long they will live can make planning tricky for your clients. How
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).