In-Force Rate Action Announcement: South Dakota (Pre-PCS)

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. South Dakota has now allowed the following increase: South Dakota Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods Pre-PCS 39% 99%       This rate increase applies to Non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder
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Categories: Genworth, Industry News, and Long-Term Care.

Update to Iowa Application Documents

With the recent release of the Partnership policy in the state of Iowa on July 27, 2018, the “Iowa Long-Term Care Partnership Program Consumer Guide” must be left with the applicants at the time of application. This Consumer Guide is now available via the Agent Resource Center under the state-specific Iowa Application forms.   Please contact NGL’s dedicated Life Product Support team at 800-762-9883 or lifeproductsupport@nglic.com with questions.   Update to Iowa Application Documents   #goldencareagent #ngl >   Related: EssentialLTC Partnership Policy Available In 7 Additional States July 27
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Categories: Industry News, Long-Term Care, and National Guardian Life.

LTCi Cost of Care the Easy Way

Mutual of Omaha has been providing you with long-term care costs for years. Now it’s even easier to get this valuable information. The cost of care calculator can show the costs for Home Health Care, an Assisted Living Facility and a Nursing Home, for a private and semi-private room, for all states. It’s easy to use and will get you the information quickly. Go to Sales Professional Access (SPA) by visiting www.mutualofomaha.com/broker and use the cost of care calculator. Give it a try!   LTCi Cost of Care the Easy Way   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

A Better Solution than Relying on Family

  There’s a better option than kids as caregivers “My kids will take care of me.” We’ve all encountered prospective clients who use this line to rationalize why they don’t need a long-term care insurance policy. But when pressed, they’ll often admit they don’t really want their kids to have to take care of them. So how do you demonstrate that purchasing an LTCi policy may be a better solution than relying on their kids? Download the Flyer   Have questions or need a quote? Contact us.   E3368   A Better Solution than Relying on Family   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Good News | Medicare Center – A Brand New Tool!

  Brand New Tool Now Available – Medicare Center This New Tool Can Revolutionize How You Do Business GoldenCare is pleased to announce the availability of a brand new Valued-Added tool – Medicare Center! Medicare Center is a multi-carrier online enrollment tool. Using the same software that powers Medicare.gov, you can quickly and compliantly send electronic comparisons to clients, track new and existing clients, use broker-specific shopping pages, and increase sales by saving time! The site is now live, and is available to our agents absolutely FREE! Click Here for instructions on accessing this new tool. Questions? Call our Marketing
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Categories: GoldenCare News, Industry News, Long-Term Care, and Medicare Supp./Adv..

SPECIAL EVENT: Product Training with GTL’s Michael Gende

Register Now! Read Full Invitation   Questions? Call our Marketing Team at 800-842-7799! Don’t forget to subscribe to our News Digest for all the latest announcements from the Top Carriers! Check out GoldenCare News For producer use only. Not for use with the general public. #goldencareagent
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, and Long-Term Care.

New Email Notifications for Unsuccessful Payments

Beginning Friday, September 21, 2018, we are now sending clients email notifications whenever the renewal premium that was set to automatically withdraw from their bank account is returned to us. This enhancement to our email notification system will allow your clients to receive notification prior to receiving a letter in the mail, which will allow them an earlier opportunity to take action. In addition to notifying the client of the returned payment, the email will provide the client with options to solve the issue, including: Making secure payment online (when available). This option allows the client to make a manual
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Categories: Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

“Medicare Advantage Premiums to Decrease by 6% in 2019″

“Medicare Advantage Premiums to Decrease by 6% in 2019,” by Thomas Beaton, HealthPayerIntelligence “CMS officially announced a six-percent decrease in Medicare Advantage premiums in 2019 as the result of MA enrollment, health plan options, and benefits increase. All signs point to the MA marketplace continuing to be a lucrative market for payers. CMS stated that the average 2019 MA premium will decrease from $29.81 to $28.00 and improve health plan affordability for most beneficiaries. Eighty-three percent of MA enrollees are expected to have either the same or a lower premium in 2019. CMS estimates that 46 percent of MA beneficiaries in
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Categories: Clippings, Industry News, and Long-Term Care.

“In the Nursing Home, Empty Beds and Quiet Halls”

“In the Nursing Home, Empty Beds and Quiet Halls,” by Paula Span, New York Times “The most recent quarterly survey from the National Investment Center for Seniors Housing and Care reported that nearly one nursing home bed in five now goes unused. Occupancy has reached 81.7 percent, the lowest level since the research organization began tracking this data in 2011, when it was nearly 87 percent. … Given an aging population, you’d think nursing homes would be coping with the opposite problem — surging demand for their services.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
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Categories: Clippings, Industry News, and Long-Term Care.

“5 Things to Know About New York Life’s New LTCI Policy,” by Allison Bell, ThinkAdvisor”

“5 Things to Know About New York Life’s New LTCI Policy,” by Allison Bell, ThinkAdvisor “Here’s a look at possible answers to five questions about the NYL My Cares policy a financial professional’s clients might have about the policy, drawn from the New York Life LTCI  team’s written comments.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Interesting details on the new policy. #goldencareagent #LTCI
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Categories: Clippings, Industry News, and Long-Term Care.