“The Link Between Menopause and Alzheimer’s”

“The Link Between Menopause and Alzheimer’s,” by Sumathi Reddy, Wall Street Journal (gated) “Women make up nearly two-thirds of patients with Alzheimer’s disease in the U.S., in part because they live longer than men. Now, researchers are exploring whether hormonal changes related to menopause affect the development of the disease. … Most people think of how menopause affects fertility. But Dr. Mosconi says its effect on the brain is what results in night sweats, hot flashes and even memory changes. Those symptoms are caused by declining levels of estrogen and other hormones. Estrogen protects the female brain from aging and stimulates
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Categories: Clippings, Industry News, and Long-Term Care.

“Experts: Home equity is key to solving the country’s looming retirement crisis”

“Experts: Home equity is key to solving the country’s looming retirement crisis,” by Jessica Guerin, HousingWire “As Baby Boomers continue to retire en masse without sufficient savings to support their later years, it’s become glaringly apparent that the country is on the brink of a retirement crisis. Pensions have dwindled, Social Security is insufficient, health care costs are rising and people are living longer than ever before, carrying little resources with them into retirement. But many older Americans do have one major source of wealth at their disposal: their house. And for some, utilizing their home equity could be the answer
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Categories: Clippings, Industry News, and Long-Term Care.

GoldenCare Newsletter | February 19, 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
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Categories: Genworth, GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

“If I Ran AARP for One Day: Here’s What I’d Do to Redefine Aging, Fix Health Care, Balance Generational Equity, Eliminate Ageism in the Popular Culture, and Create a New Social Role and Purpose for Elders.”

“If I Ran AARP for One Day: Here’s What I’d Do to Redefine Aging, Fix Health Care, Balance Generational Equity, Eliminate Ageism in the Popular Culture, and Create a New Social Role and Purpose for Elders.” by Ken Dychtwald “Back in 2004, at the annual national conference of the American Society on Aging, I gave a somewhat edgy speech entitled, “If I Ran AARP for One Day: Here’s What I’d Do to Redefine Aging, Fix Health Care, Balance Generational Equity, Eliminate Ageism in the Popular Culture, and Create a New Social Role and Purpose for Elders.” The session was moderated by Joanne Handy,
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Categories: Clippings, Industry News, and Long-Term Care.

“What Are Medicare Advantage Plans’ New Mini LTC Benefits Really Like?”

“What Are Medicare Advantage Plans’ New Mini LTC Benefits Really Like?,” by Allison Bell, ThinkAdvisor “A team of actuaries at Milliman says 577 Medicare Advantage plans are now providing at least one benefit that’s similar to the type of benefit a long-term care insurance policy might offer. The most popular “long-term care type benefit” is for support for caregivers: 421 plans offer caregiver hotlines, respite services or other caregiver support benefits. The most unusual LTC type benefits are benefits for housekeeping and therapeutic massage. Just one plan offers either of those benefits, the actuaries found. … A copy of the Milliman report
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Categories: Clippings, Industry News, and Long-Term Care.

Key Rate Updates for TransCare® II California

Consistent with our ongoing strategy to responsibly manage our business, we have made a pricing adjustment to our Multi-Life Solutions product: TransCare II. These changes are effective February 12, 2019, and will allow for pricing consistency and stability across Transamerica’s portfolio of solutions while remaining competitive in the marketplace. Please note: These revised rates will be exclusively for NEW SALES of TransCare II. To receive old rates, applications must be signed and received in good order by 9 p.m. CT on February 11, 2019. Thank you for your business and your trust in Transamerica Life Insurance Company. Questions? Please contact
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Categories: Industry News and Long-Term Care.

TransCare III e-application training video

We are continually improving tools to help you write and place LTC business with greater ease. Click below to view a training video for the TransCare III e-Application process. Questions? Please contact Transamerica’s LTC sales desk at 888-545-2713.   TransCare III e-application training video   #goldencareagent #transamerica
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Categories: Industry News and Long-Term Care.

(Legacy) Rate Adjustments Effective May 1, 2019 (HI, LA, OH)

Long-Term Care insurance (LTCi) is a core product for Mutual of Omaha and we intend to remain a key player in this market for years to come. In order to fulfill this commitment, we actively monitor emerging industry trends as well as our own experience so we can make the adjustments necessary that will allow us to keep our promises to policyholders and remain competitive in the marketplace. For this reason, we will be implementing the following rate adjustments effective May 1, 2018: Block of Business Impacted States NHA, LTA, HCA, LT50, NH50 Hawaii, Louisiana LTC04I Hawaii LTC04G Ohio  
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

“Seniors’ Health Costs May Be Moderating But The Need For Long-Term Care May Be Growing”

“Seniors’ Health Costs May Be Moderating But The Need For Long-Term Care May Be Growing” by Howard Gleckman, Forbes “Instead of dying of heart attacks at 60, more of us will live to 85, when we will get dementia. That’s why we need to shift resources from medical care to long-term supports and services. … While Cutler and his colleagues didn’t put it this way, their research strengthens the argument that the US needs to shift resources from medical care to long-term supports and services.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Yeah, we really
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Categories: Clippings, Industry News, and Long-Term Care.

“One state’s single-payer push now includes LTC insurance”

“One state’s single-payer push now includes LTC insurance,” by Marty Stempniak, McKnight’s LTC News “New York is taking another stab at adopting a single-payer healthcare system, and the effort includes coverage for long-term care. … The revenue to fund the bill likely would involve a progressive tax on some income, such as dividends and capital gains. A previous analysis by the Rand Corp. estimated that adding long-term care benefits would increase costs to the state by upward of $22 billion. That would amount to a total cost of about $139 billion in 2022, more than the state’s entire budget, Crain’s reported earlier
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Categories: Clippings, Industry News, and Long-Term Care.