The MutualCare® Solutions Long-term Care Insurance Career Development Program has been developed to offer a proven, structured methodology to master the knowledge and skills to sell our long-term care products. Throughout the program, you will cover the following: Long-Tern Care Overview Marketing Long-term Care Coverage (With Review Questions) Medicare and Medicaid Overview Long-term Care Partnership plans (With Review Questions) How to Evaluate Your Clients Long-term Care Needs Long-term Care Tax Clarifications and Consumer Questions (With Review Questions) MutualCare® Solutions Product Overview Provisions, Exclusions and Other Features Underwriting Overview (With Review Questions) Sales Support, Marketing and Prospecting Materials Take your first
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New Medicare ID numbers | Welcome calls | Preferred pharmacies
New welcome/onboarding calls help members engage with their plan early Did you know? All 2019 Allina Health | Aetna Medicare members now receive a welcome call from an onboarding representative after they enroll. During the call, we review the member’s provider network, formulary medications, pharmacy network, and 2019 plan benefits. To learn more about what members can expect after they enroll, just visit allinahealthaetnamedicare.com. New CMS Medicare ID numbers are here Make sure all your enrollment applications are processed efficiently, without delays, by including your clients’ new Medicare number. The Medicare number is a CMS-assigned number that can be found
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Good News | 2019/2020 Errors & Omissions Pricing Now Available: Enroll Today
Pricing for GoldenCare’s Discounted E & O Now Available Plus, earn yourself a better discount on next year’s enrollment! Here’s how: Enroll in GoldenCare’s 2019/2020 Errors & Omissions Program Submit any of the following: (written & issued between 4/1/2019 and 4/1/2020), • 1 Mutual of Omaha LTCi Application • 1 CareShield Application with Securian • 1 GTL Critical Cash/Critical Care Application, or • 1 Omaha Medicare Supplement Application and Receive a Renewal Discount on Next Year’s (2020/2021) Enrollment! For more information, call 800-842-7799 and speak with your Regional Director. Read Full Good News Article Questions? Call
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EssentialLTC – Partnership Exchange Mailings in 4 States
With the recent Partnership policy approval in select states, we are happy to announce that the exchange of eligible National Guardian Life (NGL) EssentialLTC policies is scheduled to occur in the following four states: Maine Missouri North Carolina Nevada Exchanges of eligible EssentialLTC policies in these states are scheduled to begin March 12, 2019. Eligibility for Automatic Exchange to a Partnership Policy To be considered as eligible for an automatic exchange to a Partnership policy, the inforce EssentialLTC Long Term Care insurance policy would need to meet all of the following LTC Partnership eligibility requirements. active policy issued and
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In-Force Rate Action Announcement: Oklahoma (Privileged Choice® and Classic Select®)
As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Oklahoma has now allowed the following increases: Oklahoma Product Series Increase Percentage Privileged Choice 10% Classic Select 10% This rate increase applies to non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin March 19, 2019 and will continue throughout the next
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Genworth, Industry News, and Long-Term Care.
In-Force Rate Action Announcement: North Carolina (PCS I)
As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. North Carolina has now allowed the following increases: North Carolina Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS I 95.31% phased 25%, 25%, 25% cumulative 95.31% phased 25%, 25%, 25% cumulative This rate increase applies to non-AARP, non-partnership policies for policies issued before 2/1/2003. Communications Timeline Servicing agents will receive a list of their
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Genworth, Industry News, and Long-Term Care.
Our Term Upsell Program Gives You New Opportunities
Oftentimes, clients will select their term coverage level based on their budget, even if they may actually have a need for more coverage. If you have a client who gets approved better than applied for, this is the perfect time to use the Term Life Answers Upsell Program since they can potentially get more coverage and still be within their budget. Agents who are consistently talking to their client about the upsell offer have found great success. Since we started offering the upsell opportunities, we’ve had a 15 percent acceptance rate with the average increase being just over $275,000 per
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Help Your IUL Clients Prepare for Their Annual Statements
An important part of selling an IUL policy is helping your clients prepare for what to expect when they receive their annual statement. Preparing your clients in advance will hopefully result in fewer unanswered questions when they reach their policy anniversary. We have provided the answers to a few of the questions clients typically have on their first annual statement. If the index increased, why am I not seeing any index interest credits? For life insurance policies, annual statements must be created the day prior to the anniversary date. On an IUL, index interest is not credited until the segment
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Medicare News – Omaha Family of Companies
Medicare Supplement: Upcoming Med Supp Rate Adjustments Please view the upcoming Med supp rate adjustments in AZ, AL, CO, MD, MS, NM, OR, SD, and TN. Upcoming Med Supp Rate Adjustments Please view the upcoming Med supp rate adjustments in AL, MS, NJ, TN and UT. Med Supp Modernized Rate Release Please view the Modernized Rate Release in KY, NV and UT. CMS Has Mailed All New Medicare Cards! The Center for Medicaid and Medicare Services (CMS) states that all new cards have been mailed to individuals with Medicare. Med Supp Conference Discount During March and
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LTC13 New York Issue Age Notice
Effective March 1, 2019, the maximum issue age for LTC13 in the state of New York is age 75. Any application received on or after March 1, 2019, with the client over the age of 75, will be ineligible for coverage. This change impacts New York only. Other states will not be affected. Mutual of Omaha’s LTC portfolio is very competitive with product pricing, built-in benefits and optional features, enabling you to easily tailor a plan which protects your client’s financial future. If you have any questions or want to learn more about our long-term care solutions, please reach out
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