“Older Americans Are Awash in Antibiotics”

“Older Americans Are Awash in Antibiotics,” by Paula Span, New York Times “Patients over age 65 have the highest rate of outpatient prescribing of any age group. A new C.D.C. study, published in the Journal of the American Geriatrics Society, points out that doctors write enough antibiotic prescriptions annually — nearly 52 million in 2014 — for every older person to get at least one. Because the researchers used a national pharmacy database that tracked only outpatients, the study likely underestimates the problem.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): That’s not the only problem. Our next clipping
Read More

Categories: Clippings, Industry News, and Long-Term Care.

“Grandparents Are a Major Economic Force: AARP,” by Michael S. Fischer, ThinkAdvisor”

“Grandparents Are a Major Economic Force: AARP,” by Michael S. Fischer, ThinkAdvisor “The number of grandparents in the U.S. has increased by 24% to 70 million since the turn of the century, and they spend an average of $2,562 a year — about $179 billion — on their grandchildren, AARP reported Tuesday. … AARP’s research showed that grandparents have four to five grandchildren, on average, down from six to seven in 2011. Forty percent of grandparents are in the workforce today, up from 24% in 2011. … Nine in 10 grandparents in the study said they provided some kind of financial support
Read More

Categories: Clippings, Industry News, and Long-Term Care.

“5 Design Don’ts for Senior Living Communities”

“5 Design Don’ts for Senior Living Communities,” by Mary Cook, Multi-Housing News “Consider the realities of aging: Eyesight, hearing and sense of smell fades, mobility becomes more challenging, once-easy daily activities cause frustration, friends change. These normal changes must be integrated into senior living design to create comfortable homes and foster positive experiences that meet aging residents’ needs. Rather than do’s, ‘design don’ts’ tell the real story. Here’s what builders, developers and operators should avoid in senior living projects.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Boomers are the high maintenance generation.
Read More

Categories: Clippings, Industry News, and Long-Term Care.

Mobile Quotes Preference Features

On March 1, we updated the look of our Mobile Quoting tool – same easy-to-use app, but with a fresh new look. While you have more than likely seen the new look, you might not know about some of the app’s features that make it even easier for you to run quotes. Mobile Quotes Tips You have the ability to save your preferences within the app — making it even faster for you to quote the products you sell. You can select a default state and choose the order the products appear in the app. Once you set these preferences,
Read More

Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

GoldenCare Newsletter | April 9, 2019

In this GoldenCare Newsletter 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! Get a sneak peek demo here and find out how you can get
Read More

Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), and National Guardian Life.

“4 Ways Researchers Are Still Fighting Alzheimer’s”

“4 Ways Researchers Are Still Fighting Alzheimer’s,” by Allison Bell, ThinkAdvisor “Scientists told the Senate Special Committee on Aging earlier this week that there are many promising Alzheimer’s disease detection and treatment research projects under way right now. Dr. Richard Hodes, director of the National Institute on Aging, said increased research budgets and new gene sequencing technology are helping researchers learn more about how human genetics — and, possibly, microbes — lead to Alzheimer’s and other forms of dementia. … Here are four hot areas of dementia research that Hodes and other witnesses discussed at the Alzheimer’s research hearing.” LTC Comment (from Stephen A. Moses,
Read More

Categories: Clippings, Industry News, and Long-Term Care.

“Caring for Aging Parents is Not a Family Affair”

“Caring for Aging Parents is Not a Family Affair,” Advisor Magazine “For most families, caring for mom or dad as they age is not a family effort. According to new data from Northwestern Mutual’s latest C.A.R.E. Study, the responsibility most likely falls on the shoulders of one sibling, rather than being shared among all the children.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): You you’re the one, you probably know you are. If so, take the lead now to wake up your siblings and get ahead of the problem with LTC planning.
Read More

Categories: Clippings, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: New York (PCS I, PCS II, Choice 1)

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. New York has allowed the following increases to Partnership and non-Partnership policies: New York Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS I 52.1% phased 15%, 15%, 15% cumulative 52.1% phased 15%, 15%, 15% cumulative PCS II 52.1% phased 15%, 15%, 15% cumulative 52.1% phased 15%, 15%, 15% cumulative Choice 1 52.1% phased 15%, 15%, 15% cumulative
Read More

Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: North Carolina (PCS II, Choice 1)

> PCS II with Stable Premium Option > 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. North Carolina has now allowed the following increases: North Carolina Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods PCS II 95.31% cumulative phased: 25%, 25%, 25% 95.31% cumulative phased: 25%, 25%, 25% Choice 1* 39.92% cumulative phased: 25%, 5.8%, 5.8% 75% cumulative phased: 25%,
Read More

Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Maryland (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. Maryland has now allowed the following increases: Maryland Product Series Increase for Policies with Limited Benefit Periods Increase for Policies with Lifetime Benefit Periods Pre-PCS 23.6% cumulative phased: 15%, 7.5% 23.6% cumulative phased: 15%, 7.5% PCS I 32.3% cumulative phased: 15%, 15% 32.3% cumulative phased: 15%, 15% PCS II 28.8% cumulative phased: 15%, 12% 28.8% cumulative phased: 15%, 12%
Read More

Categories: Genworth, Industry News, and Long-Term Care.