TOMORROW: 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.

GoldenCare Newsletter | October 8, 2018

In this GoldenCare Newsletter Edition From GoldenCare: Keep your eye out for a special upcoming Omaha LTCi Promo! Update Your Contracts Look for an upcoming LTC CEO Office, Home and Internet Selling Tools Software update, coming in the next couple weeks with all the latest tools! Making a good decision on whether or not to own Long Term Care insurance depends upon receiving factual information on the subject. LTCCEO was developed to offer our clients the knowledge they need to make wise decisions. Find out how to get your copy here. Diversify your portfolio for greater sales success! Join our Special
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), and National Guardian Life.

“Average State Medicare Advantage Plan Costs for 2019”

“Average State Medicare Advantage Plan Costs for 2019,” by Allison Bell, ThinkAdvisor “Here’s a look at average Medicare Advantage plan amounts by state for 2019. … To create these averages, we started with the big file of 2019 Medicare Advantage plan information that the Centers for Medicare and Medicaid Services posted last week. The file, the 2019 MA Landscape Source Files spreadsheet, is available here.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): Click through to the article for access to the raw data, the computed averages and caveats about the analysis. #goldencareagent #medicare
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Categories: Clippings, Industry News, and Long-Term Care.

“The Comforting Fictions of Dementia Care”

“The Comforting Fictions of Dementia Care,” by Larissa MacFarquhar, The New Yorker “The large central room of the memory-care unit was designed to look like an old-fashioned American town square. There was a small fountain, surrounded by plants and a low stone wall; there were a couple of lampposts, and benches, tables, and chairs set about. The carpet was mottled with darker and lighter shades of green, to resemble grass growing and bending in different directions. Along the walls were the façades of what looked like clapboard houses, with wooden shutters and shingled pitched roofs and porches that extended into
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Categories: Clippings, Industry News, and Long-Term Care.

“What A Medicare Advantage Personal Care Benefit Looks Like”

“What A Medicare Advantage Personal Care Benefit Looks Like,” by Howard Gleckman, Forbes “Earlier this year, Congress and the Trump Administration for the first time allowed Medicare Advantage plans to offer their members non-medical supportive services such as transportation and home meals. As insurers begin to roll out their plans for Medicare’s 2019 open season enrollment, we are starting to see what these new benefits are going to look like. … For their part, the plans will learn the answers to two fundamental questions: How much will adding these services cost, and do consumers want to buy them?” LTC Comment
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Categories: Clippings, Industry News, and Long-Term Care.

“Without Safety Net Of Kids Or Spouse, ‘Elder Orphans’ Need Fearless Fallback Plan”

“Without Safety Net Of Kids Or Spouse, ‘Elder Orphans’ Need Fearless Fallback Plan,” by Judith Graham, Kaiser Health News “Planning for challenges that can arise with advancing age is essential for people who go it alone, advised Sara Zeff Geber, a retirement coach and author of ‘Essential Retirement Planning for Solo Agers: A Retirement and Aging Roadmap for Single and Childless Adults.’ A good way to start is to think about things that adult children do for older parents and consider how you’re going to do all of that yourself or with outside assistance, she said. In her book, Geber
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Categories: Clippings, Industry News, and Long-Term Care.

“Nursing homes can treat higher acuity patients without raising their risk of death: Study”

“Nursing homes can treat higher acuity patients without raising their risk of death: Study,” by Marty Stempniak, McKnight’s LTC News “Skilled nursing facilities can safely take on higher levels of care for their residents to avoid the hospital, and they can do so without raising residents’ risk of death. That’s according to a new study by the RTI International research firm, published in October’s Health Affairs. Researchers there took a closer look at providers involved in the federal government’s Initiative to Reduce Avoidable Hospitalizations among nursing home residents, which ended in 2016. They found that not only did the effort
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Categories: Clippings, Industry News, and Long-Term Care.

“Half of women ‘will develop dementia or Parkinson’s or have a stroke”

“Half of women ‘will develop dementia or Parkinson’s or have a stroke’,” by Sarah Bosely, The Guardian “One in two women will develop dementia or Parkinson’s disease, or have a stroke, in their lifetime, new research suggests. About a third of men aged 45 and half of women of the same age are likely to go on to be diagnosed with one of the conditions, according to a study of more than 12,000 people. The researchers, from the University Medical Center Rotterdam in the Netherlands, said preventive measures could “substantially” reduce the burden of the illnesses. The findings have been
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Categories: Clippings, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Utah (PCS I, 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. Utah has now allowed the following increase: Utah Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 55% 72% Choice 1 55% 72%       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
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Categories: Genworth, Industry News, and Long-Term Care.

In-Force Rate Action Announcement: Tennessee (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. Tennessee has now allowed the following increase: Tennessee Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods Choice 1 37% phased 17%, 17% cumulative 51% phased 23%, 23% cumulative       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
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Categories: Genworth, Industry News, and Long-Term Care.