You just completed a long-term care application. Before you head out the door, make sure your clients know what happens next. Your client’s application will be reviewed by our LTCi underwriting team to determine if they meet eligibility requirements. In addition, they will be asked to participate in a personal health interview. The personal health interview is usually conducted by a registered nurse. Simple questions will be asked such as current health, medications, daily activities, living arrangements and use of medical devices. The interview can be conducted either face-to-face or over the telephone. To learn more about the personal health
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Mutual of Omaha: Dental Network
Our Mutual Dental Preferred℠ and Mutual Dental Protection℠ insurance policies are backed by one of the largest dental networks in the nation. The DenteMax Plus network includes participating dentists from the DenteMax, United Concordia Dental and Connection Dental networks. Your clients can save on their dental treatments when they visit network dentists to maximize their dental benefits. Finding A Dentist You can easily tell your clients the name and location of network dentists in their area as well as whether their specific dentist is in the network. You have a number of ways to access the provider network. 1. On
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Dental Mobile Quote App Issue
A bug has been detected on the Mutual of Omaha Quotes for Sales Professionals mobile app regarding the new Dental product. Currently the mobile quote app is not showing the optional vision rider pricing on some iOS devices without double clicking the selected dental policy. A single click on either the Mutual Dental Preferred℠ or the Mutual Dental Protection℠ will initially display a check mark in the circle next to the text. You will, however, need to click the selection a second time, turning the product selection blue, and to display the optional vision rider quote. This issue is being
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(Legacy) Rate Adjustments Effective January 1, 2018 – IL
Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha and we intend to remain a key player in this market for years to come. In order to fulfill this commitment, we actively monitor emerging industry trends as well as our own experience so we can make the adjustments necessary that will allow us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective January 1, 2018: Block of Business Impacted States NHA, LTA, HCA, LT50 & NH50 Illinois For a complete
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Medicare Supplement News – Omaha Family of Companies
Modernized Rate Release Please review the upcoming rate adjustment in CO and VT, effective November 1, 2017 for new and in-force 2010 Modernized Medicare supplement. Maneuvering through Annual Open Enrollment Mutual of Omaha can help you maneuver through the Annual Open Enrollment Period. Check out all the valuable information in our 2017 AEP Guide including: • Underwriting – service and speed • Plans and benefits that can save your clients money • Submitting business and required documentation • Marketing support, and • Complementary products for your Medicare clients During this busy time of year we are here to help. Thank
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Long Term Care Update: Connecticut Rate Change
October 17, 2017 Transamerica Life Insurance Company remains committed to you and to the long term care insurance market. As such, it’s important that we modify our premium rates for new TransCare® II business to reflect actual claims experience by policyholders. These rate changes will also maintain consistency in our pricing across our product portfolio which will allow Transamerica Life Insurance Company to remain highly competitive within the marketplace. These refreshed rates are exclusively for new sales of TransCare II in the state of Connecticut and will become effective 7 a.m. CT October 31, 2017. Transition Deadlines To receive
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“Potentially Preventable Medicare Spending High in Frail Elderly”
“Potentially Preventable Medicare Spending High in Frail Elderly,” by Diana Phillips, Medscape “In an analysis of Medicare beneficiaries in the top 10% of individual spending in 2012, adults aged 65 years or older with two or more conditions, which is considered to indicate frailty, accounted for nearly 44% of spending deemed potentially preventable despite making up only 4% of the population sample, researchers found. Jose F. Figueroa, MD, MPH, from the Department of Health Policy and Management at the Harvard T. H. Chan School of Public Health, Brigham and Women’s Hospital and Harvard Medical School, Boston, Massachusetts, and colleagues report
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“11 more states working on wage increases for direct care workforce”
“11 more states working on wage increases for direct care workforce,” by Emily Mongan, McKnight’s LTC News “The Kaiser Family Foundation’s 50-state Medicaid budget survey for fiscal years 2017 and 2018, released Thursday, listed shortages and turnover among the long-term services and supports workforce as an issue to watch in coming years. The report cited low wages, meager benefits, limited opportunities for advancement, insufficient training and high injury rates as reasons why workers may be leaving or avoiding the sector.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): This problem is endemic to a long-term care
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“LTCA to Washington: Most Agree on These LTC Financing Reforms”
“LTCA to Washington: Most Agree on These LTC Financing Reforms,” by Stephen D. Forman, PR/Web “Long Term Care Associates, Inc. (‘LTCA’), accompanied by representatives from the nation’s leading long-term care insurance carriers, traveled to Washington, DC this October to deliver a report addressing our country’s pressing LTC financing crisis. In the report, LTCA finds common ground among competing solutions, and advocates for those which will appeal to a broad cross-section of Americans.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Congratulations to Center-corporate-member LTCA for taking a proactive stance toward the real problem facing long-term care
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In-Force Rate Action Announcement: Ohio (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. Ohio has now allowed the following increase: Ohio Product Series Increase Percentage Privileged Choice 15% Classic Select 15% This rate increase applies to both AARP and Non-AARP policies. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state prior to the start of policyholder notifications. Agent notifications begin October 17, 2017. Policyholder notifications will begin December 4, 2017 and
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Genworth, Industry News, and Long-Term Care.
