DELAY: Lumico/Elips Med Supp E-App Launch

The Lumico/Elips e-app will not go live today on CSG due to continuous compliance review. We do not have an updated launch date to share currently. Tuesday’s webinar will shift gears to Lumico product training and creating Lumico heat maps on CSG. We are notifying all webinar registrants about the topic change. Please let me know if you have any questions. We appreciate your patience and understanding.     To learn more about the E-Application Platform, contact GoldenCare at 800-842-7799 or email marketing@goldencareusa.com.   #goldencareagent #csgactuarial
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Categories: GoldenCare News, Industry News, Lumico, and Medicare Supp./Adv..

More than a monthly option!

  Find out more by visiting ngl-essentialltc.com today.   For agent inquires contact your dedicated NGL Agent Services Team at 888.505.2332 or status@ngl-essentialltc.com. For sales questions contact the Long Term Care Sales Team at LTC@nglic.com.   More than a monthly option!     #goldencareagent #ngl #longtermcare
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Categories: Industry News, Long-Term Care, and National Guardian Life.

All NEW Recover Cash | Short-Term Care Insurance with Family Caregiver Support

Insurance Benefits for Confinement in a Nursing Home, Assisted Living Facility or in Your Client’s Home Now available on GTL’s Agent Portal. e-App availability coming soon! Guarantee Trust Life Insurance Company has reinvented Recover Cash Short-Term Care Insurance to not only help cover out-of-pocket expenses when receiving short-term care, but also to provide innovative support and cash benefits for family caregivers provided by TCARE! Scroll down to register for an exclusive first-look webinar to learn more about the all new Recover Cash. Please note: We will accept applications of the previous version of Recover Cash through March 15th, 2023. Applications
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Categories: Guarantee Trust Life, Industry News, and Short-Term Care.

GTL “Meeting of Policyholders” Update

Dear GTL Agents, We have received a number of calls in response to a letter sent to our policyholders regarding an upcoming “Meeting of Policyholders” to take place in April of this year. Included in this letter is a proxy notice which allows our policyholders to assign their vote to designated Board members to vote his or her interest. We send out a proxy notice every year to our policyholders- this is nothing new. What is new is there is a specific subject matter identified in this notice and it seems that has created calls to our agents when in
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Categories: Guarantee Trust Life and Industry News.

SPECIAL: Double Header: LTCi Tax Advantages / SECURE 2.0 ACT

We’re pleased to have Mutual of Omaha’s Advanced Markets Specialist, Stephen Alloy join us for TWO special webinar presentations this week! SECURE 2.0 Act & the LTC Industry Join us for a discussion around the LTC portions of the Act and how it may impact the LTCi industry. Register by clicking below: Wed, Mar 8, 2023 11:00 AM Central Unique Tax Advantages  of Traditional LTCi Attend the learn the tax-saving potential of a traditional Long-Term Care insurance policy. Register by clicking below: Thurs, Mar 9, 2023 2:00 PM Central View Our Full Webinar Schedule Questions or help registering? Call the GoldenCare Marketing
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Categories: GoldenCare News, Industry News, and Mutual of Omaha (& Affiliates).

Paid Long-Term Care Insurance 2022 Claims Grow

Long-term care insurance companies paid out a record $13.25 Billion in 2022 according to the American Association for Long-Term Care Insurance (AALTCI). “Claim benefit payouts for policyholders with traditional long-term care insurance coverage grew from $12.3 Billion in 2021,” reports Jesse Slome, AALTCI’s director. “The increase in benefit payouts is expected as policyholders age and start to require care.” For calendar-year 2018 the Association reported that long-term care insurers paid out $10.3 Billion. According to Slome, the amount reported represents claims for those owning traditional or health-based long-term care insurance. “Data for linked-benefit policies is harder to calculate because there
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Categories: GoldenCare News, Industry News, and Long-Term Care.

GoldenCare Newsletter | February 20, 2023

Read Full GoldenCare Newsletter,  February 20, 2023 Edition In this GoldenCare Newsletter Edition From GoldenCare: LTCi Industry Updates featuring Steve Moses Wed, Mar 1, 2023 2:00 PM  to  3:00 PM CST     Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on the latest products and sales strategies. We’re making it easier than ever to get a hold of us and have your favorite tools available at your fingertips! Click here to DOWNLOAD our electronic business card, and enter to win a $100 Amazon.com Gift Card!   PROMO TIME!
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Categories: GoldenCare News, Industry News, Long-Term Care, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), National Guardian Life, and Thrivent.

Good News | A.M. Best Reaffirms Mutual of Omaha’s A+ Rating

A.M. Best Affirms Mutual of Omaha’s Financial Rating AM Best performed their annual rating committee review on Mutual of Omaha and affirmed our financial strength rating of A+ (Superior) with a stable ratings outlook. The ratings reflect Mutual of Omaha’s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management (ERM). AM Best Affirms Credit Ratings of Mutual of Omaha Insurance Company and Its Subsidiaries     If you’re already appointed through GoldenCare, but are not yet taking advantage of all we have to offer,
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

You’re Invited | LTCi Industry Updates with Steve Moses

There have been so many changes and developments – this webinar is NOT TO BE MISSED! Steve will share his bird’s eye view of the Long-Term Care insurance industry, including the latest news on the WA state payroll tax and updates on the various states considering legislation to address the high costs of LTC (similar to WA Cares Act). He’ll also share his insight into the SECURE 2.0 Act and how it may draw additional interest to LTC insurance from consumers. Wed, Mar 1, 2023 11:00 AM Central   Space is limited — Register Now! This event is packed with
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Categories: GoldenCare News and Industry News.

“Are Payments To Medicare Advantage Plans Inflated?”

“Are Payments To Medicare Advantage Plans Inflated?,” by Kenneth E. Thorpe, Health Affairs  “The most recent March 2022 MedPAC report (chapter 12) concludes that Medicare pays 4 percent more for the same patient in Medicare Advantage compared to traditional Medicare. This conclusion is reached by comparing the level and growth in risk scores (CMS-HCC) between the two programs. MedPAC reports higher growth in risk scores in the Medicare Advantage program than found in traditional Medicare. This framework, however, ignores the fundamentally different approaches Medicare takes in paying for fee-for-service encounters on the one hand and making payments to Medicare Advantage
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Categories: Clippings and Industry News.