Helpful Tips for Submitting New Apps

Help Us … Help You Below are some helpful tips for working with our Underwriting Team in an effort to accurately and effectively expedite your new business. When submitting applications, it is imperative that you: Write clearly Spell applicant’s name correctly Print names where indicated Make sure all forms are completed and signed Thank you in advance for your cooperation; together we can avoid delays and errors when processing your new business. #goldencareagent #unitedsecurity
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Categories: Industry News, Long-Term Care, and United Security.

Massachusetts, Meet LifeSecure

Massachusetts, Meet LifeSecure: Insurer Expands into New State, Launches Simple Long Term Care Coverage LifeSecure brings new LTC choice to Massachusetts, releases products in several states BRIGHTON, Mich. — LifeSecure Insurance Company has launched its worksite Long Term Care Insurance (LTCI) in Massachusetts, marking the first time the company is doing business in the state. With the addition of Massachusetts, LifeSecure has grown its national footprint to include 48 states and Washington, D.C. “We can’t wait to show Massachusetts our innovative approach to insurance,” said Pat Prichard, LifeSecure president and CEO. “Today’s workers have gotten a firsthand look at the
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Categories: Industry News, Life Secure, and Long-Term Care.

Good News | Teleconference Thursday With Omaha Leadership!

Let’s Talk About Mutual of Omaha’s Underwriting Guidelines Mutual of Omaha’s next “Underwriting Operation” Teleconference is Thursday at 10:00 a.m. Central! Come talk with Mutual’s leadership about the Underwriting Guidelines currently in review. Do you agree with current underwriting rules? Disagree?  Share your feedback and gather more insight on what you’d like to see change in the future. Let’s Talk About Our Underwriting Guidelines Topic: Underwriting Operation Kickoff When:  Thursday, June 20th at 10 a.m. Central Conference Number:  1-866-220-3018 Conference ID:  5172044 Click here for teleconference details Read Full Good News Announcement Questions? Call the GoldenCare Marketing Team at 800-842-7799!
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

“Trump’s new rule will give businesses and workers better health care options,” by Brian Blase”

“Trump’s new rule will give businesses and workers better health care options,” by Brian Blase, CNN Business “Starting on January 1, 2020, employers will be able to offer their workers HRAs to buy individual market coverage for themselves and their families. The administration’s new rule addresses a major inequity by, in effect, providing the same tax advantage that traditional employer-sponsored group plans receive — exclusion of premiums from federal income or payroll taxes — to coverage that workers in the individual market purchase from an HRA.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Very important
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Categories: Clippings, Industry News, and Long-Term Care.

“Medicaid Financial Eligibility for Seniors and People with Disabilities: Findings from a 50-State Survey”

“Medicaid Financial Eligibility for Seniors and People with Disabilities: Findings from a 50-State Survey,” by MaryBeth Musumeci, Priya Chidambaram, and Molly O’Malley Watts, Kaiser Family Foundation “Medicaid is an essential source of coverage for medical and long-term services and supports (LTSS) for many seniors and nonelderly adults and children with disabilities. Aside from the core group of SSI beneficiaries, pathways to full Medicaid eligibility based on old age or disability are provided at state option. This issue brief presents the latest state-level data on Medicaid financial eligibility criteria and adoption of key age and disability-related pathways (Figure 1). It also analyzes
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Categories: Clippings, Industry News, and Long-Term Care.

“Social Security Is Staring at Its First Real Shortfall in Decades,” by Jeff Sommer”

“Social Security Is Staring at Its First Real Shortfall in Decades,” by Jeff Sommer, New York Times “A slow-moving crisis is approaching for Social Security, threatening to undermine a central pillar in the retirement of tens of millions of Americans. Next year, for the first time since 1982, the program must start drawing down its assets in order to pay retirees all of the benefits they have been promised, according to the latest government projections. Unless a political solution is reached, Social Security’s so-called trust funds are expected to be depleted within about 15 years. Then, something that has been unimaginable for
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Categories: Clippings, Industry News, and Long-Term Care.

“Caring for a Family Member Can Take a Toll on One’s Career”

“Caring for a Family Member Can Take a Toll on One’s Career,” Advisor Magazine “According to LIMRA research, there are 43 million Americans currently acting as an unpaid caregiver for a family member. Advances in medicine and better lifestyle choices have helped more Americans live longer but many of these older Americans often need caregiving help – and oftentimes it falls on the family to provide it. LIMRA wanted to learn how caregiving for a family member impacted their family’s finances. Aside from the out-of-pocket costs associated with caring for a loved one, which AARP estimates is almost $7000 annually, there
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Categories: Clippings, Industry News, and Long-Term Care.

“Early-Onset AD Linked With LDL Cholesterol”

“Early-Onset AD Linked With LDL Cholesterol,” by Vicki Brower, MedPage Today “Elevated LDL cholesterol levels were tied to a higher probability of early-onset AD, a case series showed. Early-onset Alzheimer’s patients had higher levels of LDL cholesterol, total cholesterol, and apolipoprotein B (Apo B) levels, even after adjusting for the apolipoprotein E ε4 (APOE E4) allele — a genetic risk factor known to raise circulating cholesterol, reported Thomas Wingo, MD, of Emory University in Atlanta, and colleagues.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Factors that can increase your risk of LDL cholesterol include poor
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Categories: Clippings, Industry News, and Long-Term Care.

GoldenCare Newsletter | June 17, 2019

In this GoldenCare Newsletter Edition Read Full GoldenCare Newsletter, June 17, 2019 Edition From GoldenCare: Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on all the latest and greatest in the industry.    For a list of current topics and to get in on the discussion Click Here. Update Your Contracts LTC CEO Office, Home and Internet Selling Tools Software has been updated! This Must-Have Resource can dramatically increase your LTC sales, providing sales presentations, calculators, pre-recorded training, instruction for successful Internet Selling, LTC resources, and  MORE! Find out how to get
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), National Guardian Life, and Transamerica.

“Did CalPERS mislead policyholders on long-term care insurance? Trial begins on a $1.2 billion lawsuit”

“Did CalPERS mislead policyholders on long-term care insurance? Trial begins on a $1.2 billion lawsuit,” Sacramento Bee “A $1.2 billion lawsuit that could affect up to about 100,000 seniors who had CalPERS long-term care insurance plans goes to trial Monday. The class-action lawsuit claims the California Public Employees’ Retirement System violated insurance policy terms when it increased premiums by 85 percent in 2015 and 2016 after promising policyholders stability. ‘These people were completely, completely misled,’ said Michael Bidart, an attorney representing the plaintiffs. CalPERS contends it had the legal authority to raise the premiums. ‘We raised rates to sustain the plan and we believe
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Categories: Clippings, Industry News, and Long-Term Care.