“Study rebuts idea that Medicare is wasted on the dying”

“Study rebuts idea that Medicare is wasted on the dying,” by James M. Berklan, McKnight’s LTC News “New findings from a team of academic researchers firmly contradict a widely held theory that Medicare futilely spends too much on seniors in their final year of life. Estimates place final-year-of-life spending at around 25% of all Medicare outlays. Investigators studied records of almost 6 million randomly selected individuals and found that a small portion of that was spent on beneficiaries expected to die within a year. … Researchers found that death is ‘highly unpredictable.’ Less than one in 10 people who die
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Categories: Clippings, Industry News, and Long-Term Care.

Mutual Care Solutions Offers Two Ways to Get Cost-of-Care Information

Mutual of Omaha has been providing you with long-term care costs for years. We are happy to announce even easier ways to get this information. First, a cost-of-care calculator has been created and is available now. It will calculate the costs for Home Health Care, Assisted Living Facility and Nursing Home for private and semi-private room by state. Also, our cost-of-care book has been simplified to have all national and state information condensed down to a few pages. It makes finding the information you need quick and easy. Head to SPA now to see the new cost-of-care information. Or, click
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Medicare Supplement News – Omaha Family of Companies

Upcoming Rate Adjustments Please view the upcoming rate adjustments for DE, GA, IA, ME, MI, OK, OR, PA, SC, TN and VA. •  Standardized Rate Adjustment — UMS- OR; UW- IA, OK supp/SELECT, VA; MoO- IA, GA, PA •  Plan N Rate Adjustment — UMS- ME •  Modernized Rate Adjustment — OIC- DE, TN; UMS- ME; MOO – PA; UW- MI, SC   SELECT Provider Directory Updates Updates have been made to the Mutual of Omaha SELECT Provider directory for the state of Georgia.   Make Mutual Your Carrier of Choice Here’s why Mutual of Omaha should be your Medicare
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Life Just Got Better with the New LTC Rider

Since 1987, long-term care insurance has been – and continues to be – a core product for Mutual of Omaha. In fact, an important part of our 2018 corporate strategy focuses on providing our customers with viable long-term care planning solutions. On July 1, we will introduce an additional option to help meet your clients’ long-term care planning needs. A new Long-Term Care Rider will be available on our Income Advantage and Life Protection Advantage Indexed Universal Life (IUL) insurance policies. The LTC Rider provides: Benefits for Nursing Home, Assisted Living, Home Health Care and Adult Day Care Maximum total
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Take Advantage of Age Last Birthday

Some companies use ‘age nearest birthday’ we use Age Last Birthday underwriting which can save your clients money on premiums and they may have fewer underwriting tests. Help your clients save the birthday cake for later, offer them Term Life Answers.   If you have any questions, please contact your Mutual of Omaha’s Sales Support at (800) 693-6083 or email sales.support@mutualofomaha.com.   Take Advantage of Age Last Birthday   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

EssentialLTC E-App Launching On 7/2/18

EssentialLTC — availability of E-APP (select states) We are pleased to announce the availability of the EssentialLTC E-APP process effective July 2, 2018. E-APP is available in most states where the EssentialLTC product is available. The E-APP process will allow the user to submit EssentialLTC applications electronically after logging into the Agent Resources Center, as well as to obtain both applicant and agent signatures electronically. The required initial premium deposit can be obtained through ePayment via a one-time ACH transaction. The E-APP process to submit an application can be accessed via the “New Business” tab in the Agent Resource Center
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Categories: Industry News, Long-Term Care, and National Guardian Life.

EssentialLTC Partnership Policy Available In 7 Additional States July 2nd

National Guardian Life Insurance Company (NGL) is pleased to announce that effective July 2, 2018, the EssentialLTC policy will now be available as a partnership policy in the following seven states: Georgia Michigan South Carolina West Virginia Idaho Minnesota Washington Applications submitted in these states which are dated July 2, 2018 and after require additional application forms. The new application forms for each state will be available via the Agent Resource Center on July 2, 2018. The additional forms must be utilized for all applications received June 9th, 2018 and after. Determination of Partnership Eligibility EssentialLTC policies issued in one
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Revised Massachusetts Electronic Consent Form

The Massachusetts electronic delivery and signature consent form to be used with GTL health products has been revised. Effective July 1, 2018, you are required to use the revised form that is attached to the back of product applications, and give it to the client at the time the application is taken. The products that require this form are: Advantage Plus Hospital Indemnity — APPH10-14-MA (Stock # 15A462) iGAP Guaranteed Issue Accident Coverage — ENR10-15(MA) (Stock # 15A835) You can access the new applications with the form attached online through GTLINK, from GTL’s website (www.gtlic.com). E-applications will automatically be updated
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Categories: Guarantee Trust Life, Hospital Indemnity Plan, and Industry News.

Consider United Security Assurance

Why You Should Consider USA There are many insurance companies to choose from, some large, some small, some that write multiple lines of business, and some that are more specialized than others. How is an agent to decide who he or she should write for? There are multiple factors that can come into play, and an agent must choose what the most important factors are including insurability. United Security Assurance Company of Pennsylvania has been in business since 1983 and over those 35 years, we have learned a few key things that seem to be the gold standard for good
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Categories: Industry News, Long-Term Care, and United Security.

Securian Financial makes Fortune 500 list

Securian Financial makes Fortune 500℠ list For the first time in its history, Securian Financial has been included on the Fortune 500 list of the largest American companies. Based on total revenue from 2017, the ranking places us at 462 on the list as of May 2018. With $78.6 billion in assets under management, over 18 million customers in North America, and nearly $1.2 trillion of life insurance in force, Securian is the nation’s 10th largest insurance company – based on total life insurance business in force.3 We are here to stay. While other companies are leaving the distribution space,
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Categories: Industry News and Securian.