“Medicaid and the Undeserving Rich,” by Gerry Sherman, Villages-News.com “Medicaid was established in 1965 basically to assure health care for the poor, including nursing home care for indigent elderly. Today Medicaid insures more Americans than any other form of health insurance, including Medicare. And 41 percent of all Medicaid funds go to nursing home care; that was $236 billion in 2016! Certainly there are plenty of poor elderly in nursing homes who could not afford LTC insurance and do not have significant savings, but a large number of seniors receiving LTC through Medicaid are neither poor nor unable to obtain
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GoldenCare Newsletter | June 30, 2017
In this GoldenCare Newsletter Edition From GoldenCare: Celebrating Our Country’s Independence! Happy 4th of July! The GoldenCare Office will be closed Monday, July 3rd and Tuesday, July 4th for Independence Day. Join us for brand new webinar topics including upcoming special events featuring guest speakers. See our full list of hot topics. PROMO TIME!! Get your Careshield, Mutual of Omaha Custom Solutions and GTL Critical Cash apps in for our Amazon.com Gift Card Blowout! See the Newsletter for details on this exciting promotion. The “Industry Best” illustration software for Custom & Secure Solution was recently updated to: Version 3.48.0.0 Please see
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Transamerica TransCare® III Updates
June 27, 2017 Transamerica remains committed to you and to the long term care insurance market. As such, it’s important that we modify our premium rates for new TransCare® III business to remain competitive within the marketplace. These rate changes will also maintain consistency in our pricing across our product portfolio. Revised rates for new sales of TransCare III will become effective July 3, 2017. To receive old rates, applications must be received in good order by close of business June 30, 2017. Previously saved quotes on TransQuote® will no longer be available starting July 3, 2017. This change applies
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Happy July Fourth
CELEBRATE Our Country’s Birthday ★ ★ ★ There are several more days until July 4th. It’s a perfect time to paint the day red, white and blue. We hope you choose to celebrate the day with good friends and family — eating barbecue, enjoying fireworks, and more importantly, honoring our great country. In observance of the day, our Pennsylvania and Maryland offices will be closed on the following dates: Monday, July 3, 2017 Tuesday, July 4, 2017 Our best wishes for a safe and happy Independence Day! #goldencareagent #usa #unitedsecurity
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Mutually Invested in Long-Term Care
Together, we share a mutual investment in helping people protect their families, their finances and their futures with long-term care insurance. At Mutual of Omaha, this is something we’ve been doing for over 30 years. While some companies have exited the market, re-priced their products or shifted their focus away from traditional LTCi, we remain committed to this important product line. As a mutual company, we’re not influenced by outside interests. We make product and pricing decisions independent from others in the marketplace. While we remain committed to always acting in the best interests of our policyholders, our investment in
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NGL: What is the Best Way to Submit Multiple Linked Applications?
What is the best way submit multiple applications when there is one check or EFT– like when spouses submit applications at the same time, or a parent and child apply at the same time? What is the best way to ensure both applications will be processed and payments drafted at the same time? Submit both applications and payment (one single check or EFT) with ONE Application Checklist or Fax Cover Sheet. Do not send the applications separately. It is beneficial to include a brief note in the “Special Instructions” of the fax cover sheet specifying there are companion policies to
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“No One Wants To Be Old’: How To Put The ‘Non-Age’ in Nonagenerian”
“‘No One Wants To Be Old’: How To Put The ‘Non-Age’ in Nonagenerian,” by Sharon Jayson, Kaiser Health News “It never hurts to have longevity in your genes and few chronic health problems, but mindset plays a role in how people age, experts say. Some older adults have been termed “superagers” for mental acuity despite their years because the typical age-related decline in brain volume is much slower. . . . Researchers find that society’s focus on youth culture and negative stereotypes about aging prompts older adults’ memory loss and stress. These days, older adults who want to dispel notions
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“Helping elderly gain financial security”
“Helping elderly gain financial security,” by Zhang Yue, China Daily “In old age, most people need something to rely on. For the Chinese, that’s generally been family and a State pension. Yet the central government has shown it wants the commercial endowment insurance sector to help more with ensuring the nation’s seniors are financially secure in their twilight years. The State Council unveiled an array of incentives and guidelines aimed at boosting the sector at an executive meeting presided over by Premier Li Keqiang on Wednesday. . . . The government will encourage innovation in private insurance services to create
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Mark Your Calendar: Independence Day is Tuesday July 4
National Guardian Life offices will be closed in observance of Independence Day on Tuesday, July 4, 2017. We hope you and your family have a safe Independence Day! #goldencareagent #ngl
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Quick Tip: Quoting with MutualCare® Solutions Software
Scenario: You’re working with a couple where the male is age 76 and the female is age 64. Both are in good health, but the premiums for the male are 75% higher than the female’s! Working to stay within a budget, how can you adjust benefit options for each applicant in order to keep the overall premiums within reason? The MutualCare® Solutions software allows a husband and wife to be quoted simultaneously, however the color of the icons do not indicate gender. These icons simply differentiate what option(s) are being quoted for each applicant. Did You Know: The MutualCare® Solutions
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