December 19th LTC Underwriting Teleconference: Other Than Applied

Have you added the next LTC Underwriting Teleconference to your calendar yet? Don’t miss December’s Topic: What Happens With Other Than Applied Our Final Underwriting Teleconference is scheduled for Thursday, December 19, 2019, 10 a.m. CST When: Thursday, December 19th at 10 am Central Conference Number: 1-866-220-3018 Conference ID: 9182458 Check out this flyer for all the details.   Do you have questions on the topic, or do you have something you’d like to discuss? Email distribution.marketing@mutualofomaha.com prior to the teleconference.   December 19th LTC Underwriting Teleconference: Other Than Applied   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Custom and Secure Brochures Now Available in California

The redesigned MutualCare® Custom and Secure consumer brochures are now available for the state of California. Please discontinue use of old materials. To view/print the redesigned CA MutualCare® Custom Solution brochure, click the image to the left or click here. The new pieces are also available to order through your normal ordering channels.   Custom and Secure Brochures Now Available in California   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Good News | Use This New LTC Consumer Video To Keep The Momentum Going

  Put This New LTC Consumer Video To Work For You! Mutual of Omaha is excited to debut something you’ve been asking for: a new consumer video designed to help you introduce the need for LTCi. Show it in a face-to-face setting. Include it as the kick-off for an LTC seminar. Attach it to an email prior to meeting with a client. Despite LTC Awareness Month being behind us, put this video to work for you and keep the momentum going! Click to watch the new video now   Read Full Good News Article Questions? Call the GoldenCare Marketing Team
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

“Bill would let people tap retirement accounts for long-term care insurance”

“Bill would let people tap retirement accounts for long-term care insurance,” by Lois A. Bowers, McKnight’s Senior Living   Quote: “Individuals would be allowed to withdraw up to $2,000 per year, tax-free, from their retirement accounts to pay for long-term care insurance to fund long-term services and supports under a bill proposed by Sen. Patrick Toomey (R-PA).”   LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Senator Toomey’s staff reached out to me for comments on the bill. I said I support it as it will increase affordability for LTCI and expand the buyer base. But I added
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Categories: Clippings, Industry News, and Long-Term Care.

“Assisted living threatened by looming federal expirations”

“Assisted living threatened by looming federal expirations,” by Lois A. Bowers, McKnight’s Senior Living,    Quote: “A federal rule provision and a federal program, both of which help enable older adults to live in assisted living or at home rather than in nursing homes, are set to expire Dec. 31 unless Congress acts.”   LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Perfect follow up to the clipping we just sent because this makes it explicit that these two programs, possibly expiring soon, are the reason Medicaid census in assisted living facilities has leaped to 20%.
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Categories: Clippings, Industry News, and Long-Term Care.

“Medicaid initiatives that push long-term home, community care over nursing homes could end this year”

Medicaid initiatives that push long-term home, community care over nursing homes could end this year,” by Danielle Brown, McKnight’s LTC News   Quote: “Funding deadlines are nearing for two initiatives that encourage Medicaid beneficiaries to use long-term home and community care, according to two Kaiser Family Foundation reports. The short-term funding extension for Medicaid’s Money Follows the Person (MFP) program and the spousal impoverishment provision under the Affordable Care Act are both set to expire Dec. 31. States receive enhanced federal matching funds to help seniors and people with disabilities move from institutions to the community through the MFP program,
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Categories: Clippings, Industry News, and Long-Term Care.

“Jeffrey Brown: Saving for Retirement ‘Only Half the Puzzle’”

“Jeffrey Brown: Saving for Retirement ‘Only Half the Puzzle’,” Morningstar   Quote: “Our guest on the podcast today is Dr. Jeffrey Brown, the Josef and Margot Lakonishok Professor and the Dean of the University of Illinois Gies College of Business. A key focus of Dean Brown’s research is how to create sustainable retirement income, including the role of annuities, Social Security, 401(k)s, pensions and long-term care planning. He’s a research affiliate at the National Bureau of Economic Research, a faculty affiliate of the Institute on Government and Policy Affairs, and a fellow at the TIAA Institute. He also serves as
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Categories: Clippings, Industry News, and Long-Term Care.

“About the Certification for Long-Term Care (CLTC)”

“About the Certification for Long-Term Care (CLTC),” by Sarah Fisher, Yahoo! Finance   Quote: “With millions of people living into their 70s, 80s and 90s, the costs of healthcare, long-term care, aides and nursing homes are straining finances in many families. In response to this chronic problem, the financial and insurance industries have created many specializations for professional advisors. One of these, the Certification for Long-Term Care (CLTC), focuses on the complexities and expenses of services for the aged. If you’re making a plan for yourself or a loved one, you may want to engage an advisor with this certification.
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Categories: Clippings, Industry News, and Long-Term Care.

Be the First to See Our New LTC Consumer Video

We’re excited to debut something you’ve been asking for: a new consumer video designed to help you introduce the need for LTCi. Show it in a face-to-face setting. Include it as the kick-off for an LTC seminar. Attach it to an email prior to meeting with a client. Use it to generate interest so people will want to meet with you. Despite LTC Awareness Month being behind us, put this video to work for you and keep the momentum going!   Be the First to See Our New LTC Consumer Video   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

In-Force Rate Action Announcement: Idaho (Pre-PCS, PCS I, PCS II, Choice 1)

> Choice 1 with Stable Premium Option 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. Idaho has now allowed the following increases: Idaho Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Pre-PCS 10% 30% PCS I 10% 25% PCS II 10% 20% Choice 1 15% 20%   Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to
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Categories: Genworth, Industry News, and Long-Term Care.