Discounted E & O

Have you renewed your Errors & Omissions for 2017/2018? It’s Not Too Late! Be sure to visit www.GoldenCareEOProgram.com to renew your Errors & Omissions coverage for 2017/2018, if you have not already enrolled! On the website, click the “Quote Now” button to begin the renewal process. For more information, call 800-842-7799 and speak with your Regional Director. Read Full Announcement
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Categories: GoldenCare News, Industry News, and Long-Term Care.

Broker World Magazine: Long Term Care Insurance Is Too Legit To Quit

Our very own Mark Glickman is featured in a recent Broker World Magazine article, discussing how modern LTCi policies will have more stable pricing than legacy LTCi policies. Click below to check it out!   Broker World Magazine: Long Term Care Insurance Is Too Legit To Quit   #goldencareagent #ngl
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Categories: Long-Term Care and National Guardian Life.

Genworth Suspends Sales of Long Term Care Insurance Products in Hawaii

Genworth coninuously monitors, examines and manages our business to help ensure we are offering products that are priced to balance consumer need with our desire to achieve long-term profitability. As a result, on April 24, 2017, we will suspend sales of individual long term care insurance in Hawaii. Privileged Choice® Flex 2 (Flex 2), our current offering in Hawaii, is an old generation policy and no longer meets our pricing assumptions.   Transition Rules Please carefully review the transition dates and rules below. No exceptions will be available. Quote It! 04/23/17 — Last day to quote Flex 2 in Quote
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Categories: Genworth and Long-Term Care.

“Local police departments restore peace of mind by phoning senior citizens once a day,” by Jenni Bergal, PBS News Hour

“Living alone can be tough for seniors. Some don’t have family nearby to check on them, and they worry that if they fall or suffer a medical emergency and can’t get to the phone to seek help, no one will know. That’s why hundreds of police agencies in small towns, suburbs and rural areas across the country are checking in on seniors who live alone by offering them a free automated phone call every day. . . . The check-in programs are less common in big cities, where large numbers of people might sign up, potentially straining budgets because more
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Categories: Industry News and Long-Term Care.

Building a Long-Term Care Strategy

Your clients already insure against potential risks like health, fire, theft or death, any of which could impact their families’ quality of life. Long term care is another risk that comes with high costs that can affect family members for years. The good news is, with your help, planning for long term care expenses might be easier than your clients realize. You can start the conversation with your clients today. Share our Building A Long Term Care Strategy brochure. Send your client this brochure with a handwritten note that you will call them to discuss how this can be taken
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Categories: Genworth and Long-Term Care.

“Is 90 the New 80? Most 90-Somethings Feel Healthy,” by Cari Nierenberg, LiveScience

“Perhaps 90 is the new 80: A new analysis finds that many Americans who reach age 90 and beyond say they are in good health. Few 90-somethings in the study showed signs of depression or cognitive problems, although they took a lot of medications and had difficulty getting around, according to the findings, released today (March 20) in the journal JAMA Internal Medicine. . . . The findings suggest that, despite experiencing chronic diseases and disability, Americans over the age of 90 could adapt to their changing health needs and remain positive about their health, Odden told Live Science.” LTC
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Categories: Industry News and Long-Term Care.

Rate Adjustments Effective June 1, 2017 – MO

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 June 1, 2017: Block of Business Impacted States NHA, LTA, HCA, LT50, NH50 Missouri     For a complete rate
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Categories: Long-Term Care and Mutual of Omaha (& Affiliates).

Maine Approves Lower Inflation Rates for Partnership

Lower inflation rates now qualify for Partnership status in Maine for the MutualCare® Solutions (LTC13) products. This change will be implemented on April 1, 2017. LTC13 policies issued in Maine on or after February 22, 2017, will determine Partnership qualification based on these new guidelines. Software Information The Winflex and MutualCare® Solutions software can be downloaded from SPA, beginning April 1st. View states with approved Partnership and details here. Please remember to keep your Winflex or MutualCare® Solutions software up-to-date by downloading the latest version from SPA. For additional details on Partnership policies and information visit our Partnership page on
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Categories: Long-Term Care and Mutual of Omaha (& Affiliates).

Rate Adjustments Effective June 1, 2017 – MA and NV

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 June 1, 2017: Block of Business Impacted States LTC06UI Massachusetts, Nevada     For a complete rate history, see the
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Categories: Long-Term Care and Mutual of Omaha (& Affiliates).

Rate Adjustments Effective June 1, 2017 – MA

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 June 1, 2017: Block of Business Impacted States LTC04I Massachusetts     For a complete rate history, see the state
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Categories: Long-Term Care and Mutual of Omaha (& Affiliates).