GoldenCare Newsletter | May 23rd, 2022

Read Full GoldenCare Newsletter, May 23, 2022 Edition In this GoldenCare Newsletter Edition From GoldenCare:   Upcoming Training:   Low-Hanging Fruit To KickStart Your Sales Wed, May 25, 2022 11:00 AM  to  11:45 AM CDT   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
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), National Guardian Life, OneAmerica, and Thrivent.

Inforce Long-Term Care Insurance Rate Adjustments Effective August 1, 2022

Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. We will be implementing the following inforce rate adjustments effective August 1, 2022: Impacted Policy Forms Impacted States LTC04G Wisconsin LTC04I Illinois, Iowa, Wisconsin LTC04I7 Illinois, Iowa, Wisconsin LTC09M Illinois, Iowa, Wisconsin LTC06UI Colorado, Illinois, Iowa, Wisconsin LTC09U Illinois, Iowa, Wisconsin LT50, NH50, HCA, NHA & LTA Idaho, New Hampshire, Pennsylvania, Texas, Wisconsin HCAQ, NHAQ and LTAQ Pennsylvania, Texas, Wisconsin   For details on yearly rate adjustment percentages, view the supplemental
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

New Way to Connect to Okta to Update Your Authentication Methods

Mutual of Omaha has modernized the way producers and marketers securely access our network and applications by implementing a new platform called Okta. Once you have successfully created an account in Okta, you can set up or update multi-factor authentication methods (MFA) through your Sales Professional Access (SPA) account. We have made it easier to update or add additional MFA methods by adding a link directly to your Okta MFA settings, on your SPA Profile page (https://login.mutualofomaha.com/enduser/settings). Click here to see step-by-step screen shot instructions. If you have further questions, please contact the service desk at 800-847-9785.   New Way
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Thrivent and State Long Term Care Partnerships

Thrivent and State Long Term Care Partnerships Thrivent offers unique inflation options to help design plans that meet partnership requirements, while maintaining affordability. The Flexible Increase Benefit (FIB) rider offers puts your clients in change of their benefit growth. The FIB option can be partnership qualified (dependent on age) in 26 states as long as you meet the buy-up requirements for that state. Learn about the FIB by clicking here. Annual Increase Benefits available include 5%, 3%, 2% and 1% compound. The 1% and 2% options are considered partnership-qualified (depending on age) in over 20 states. This can help make
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Categories: Industry News, Long-Term Care, and Thrivent.

Thrivent LTCi partnership flyer now available

State Partnerships Flyer: Thrivent has just released a new consumer piece on the LTCi State Partnership Programs. This flyer gives prospects a better understanding of how the partnership programs work, along with an example showing assets with and without partnership protection. This piece is available at the links below. It can also be downloaded from the Marketing section of iPipeline’s FormsPipe tool. Hard copies can be ordered from www.tfltcstore.com (available to appointed producers only). State availability: Currently not available in Indiana, California (no partnership policy), or New York (no Thrivent policies). ICC Version   Non-ICC Version Use for AZ, CT,
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Categories: Industry News, Long-Term Care, and Thrivent.

Get Your LTCi Business Placed Faster

From the Desk of Michael Sladek and Corri Campbell We’re a few weeks into our LTC Spring Sales contest, and the weather isn’t the only thing heating up! Continue placing your LTCi business in May and June for a chance to earn some great prizes. Here’s what you can do to get your business placed as quickly as possible: Use the e-App. It’s quicker, easier and you’ll be confident everything is in good order List your client’s cell phone number on the application to utilize our text message telephone interview scheduler Use the build chart in the LTC Underwriting Guide
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

The Cost-of-Care Study Results Are In

Can clients afford to self-fund a long-term care event? The Mutual of Omaha cost-of-care study is conducted annually in over 300 cities in all fifty states, and the results are in – cost of services continue to rise in every category. In fact, the national average for a private nursing home room is over $100,000 per year. To help you and your producers navigate the conversation about how clients intend to pay for their long-term care, we’ve updated and developed new cost-of-care tools: NEW Cost-of-Care Sales Ideas — Review the Cost-of-Care Overview and Home Health Care Sales Ideas to know
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Memorial Day Office Closing 2022

Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Monday, May 30th for Memorial Day. Below are the cut-off dates and times and the adjusted pay schedules. Holiday Pay Calculation Schedule Med Supp E-App & All Life Cutoff 3:00 PM Health Cutoff 3:00 PM Long Term Care Cutoff 3:00 PM Direct Deposit (EFT) Available Memorial Day, Monday 5/30/2022 Tuesday 5/31/2022 Tuesday 5/31/2022 Friday 5/27/2022 Friday 5/27/2022 Friday 6/3/2022   Weekly and holiday pay schedules are also available on the Sales Professional Access (SPA) website. If you have any questions, please contact your Sales
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Categories: Accident Insurance, Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Prescreening LTCi Applicants is Always a Good Idea

Did You Know? No one wants to tell a client their LTCi application has been declined or their policy must be rated up. Let Mutual of Omaha help you avoid these awkward conversations. Prescreening your LTCi applications is the best way to know what rate class to quote or even whether the case should be submitted. Mutual of Omaha makes prescreening fast and easy. They offer this guarantee: send an email to ltcunderwriting@mutualofomaha.com and you’ll have a response in four hours. Be sure to include information like: Dates of doctors’ visits Specialty physicians the client may be seeing Pending surgeries
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Strength Through Teamwork: LTC Association Marketing Discounts

Strength Through Teamwork! Our new flyers and brochures are a great way for you tell the story about our how long-term care products can benefit association members. Getting Started This brochure provides some of the key reasons and ways you can grow your business by working with associations, including which products you can offer. The Guidelines This flyer lists association requirements and provides a step-by-step association approval process, from submitting a proposal to receiving approval.   For more details and additional materials, visit our dedicated Association Marketing page on Sales Professional Access.   Strength Through Teamwork: LTC Association Marketing Discounts
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).