GoldenCare Newsletter | January 24, 2022

Read Full GoldenCare Newsletter, January 24, 2022 Edition In this GoldenCare Newsletter Edition From GoldenCare:   GTL’s Critical Cash Thurs, Jan 27, 2022 10:00 AM  to  10:30 AM CST Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on the latest products and sales strategies.   We’re making it easier than ever to get a hold of us and have your favorite tools available at your fingertips! Click here to DOWNLOAD our electronic business card, and enter to win a $100 Amazon.com Gift Card!   Our Guest Articles in this
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), and National Guardian Life.

“80 is the mean age for long-term care insurance claims, study finds”

  “80 is the mean age for long-term care insurance claims, study finds,” by Kathleen Steele Galvin, McKnight’s Senior Living    Quote: “An analysis of 5,439 long-term care insurance policy holders found that 80 is the mean age at which a claim is filed, according to a report published Friday by the American Association for Long-Term Care Insurance. … The mean amount paid per claimant to date was $142,043, but the largest claim was $1.9 million, [AALTCI president Jesse Slome] said.”   LTC Comment, Stephen A. Moses, President, Center for Long-Term Care Reform: The front cusp of the baby boom turns 80
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Categories: Clippings, Industry News, and Long-Term Care.

Reminder, Upcoming Enhanced EssentialLTC Releases

New Enhanced EssentialLTC Releases As a reminder, the enhanced version of EssentialLTC will be available in the states of DE, HI, ND, NJ and SD beginning February 4, 2022. California will also have a new business rate refresh on the same day. Get your applications in now to use the current EssentialLTC pricing, rates and features. Enhanced EssentialLTC for DE, HI, ND, NJ and SD Features For joint policies, when one insured passes away the premium will now decrease to an amount specified on the illustration and Policy Schedule for each person. The Waiver of Premium Rider for Home and
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Inforce Long-Term Care Insurance Rate Adjustments Effective April 1, 2022

Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. We will be implementing the following inforce rate adjustments effective April 1, 2022: Impacted Policy Forms Impacted States LTC04I Alaska, North Dakota LTC04G North Dakota LTC04I7 North Dakota LTC09M Alaska, North Dakota LTC06UI Alaska, North Dakota LTC09U Alaska, North Dakota LT50, NH50, HCA, NHA & LTA Kentucky, South Dakota and Wyoming   For details on yearly rate adjustment percentages, view the supplemental grid here. Policyholder Notification Process Policyholders will receive a
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

NGL e-Statements on the Agent Resource Center

e-Statements on the Agent Resource Center Beginning January 14, 2022, you can access all of your commission statements online at the Agent Resource Center (ARC)! A new e-Statements tab (pictured below) will be added to the links bar on ARC. Please note, commission statements will be published the day after commission is generated.   e-Statement Notifications Notifications by email will be available when new commissions statements are generated. If you are an appointed agent that would like to receive these notices, select the User Profile option under the Additional Links tab. Then select e-Statement Enrollment (pictured below) and confirm that
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Mutual of Omaha Advanced Markets – 2022 Tax Guide

It’s that time of year again! A new year means a new tax guide from Mutual of Omaha Advanced Markets! The advisor 2022 tax guide will help you plan for your clients throughout the year. A separate client-approved version is available for use with the public, but this one can be a valuable reference tool for you. Keep in mind that the taxes we will all file this Spring are for 2021 and therefore will use the 2021 tax figures. The 2022 updated pieces will help with future planning starting right now. Call us in Advanced Markets if we can
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Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Good News | Download Omaha’s 2022 LTCi Tax Flyers

  Updated LTCi 2022 Tax Advantages Flyers There are a lot of advantages to owning a traditional long-term care insurance policy. It helps people remain in their homes as long as possible, ensures parents won’t have to rely on their kids to take care of them, and provides protection for a retirement nest egg. But there’s another important advantage… the potential to save on federal and state income taxes. Mutual of Omaha’s LTCi tax advantages flyers are now updated with the 2022 eligible deduction amounts. In case you missed it… Download the 2022 Tax Flyers #goldencareagent
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Long-Term Care Time Service Update

Mutual of Omaha would like to thank you for your Long-Term Care business and the trust you put in us. We are aware that our Long-Term Care application service levels are not where you expect them to be. With our commitment to providing you the quality of service you have come to expect, we are hiring and training additional case managers to help with the workload to ensure your business is handled properly and as quickly as possible. In addition, due to the recent Omicron COVID-19 variant, our Long-Term Care vendor partners are experiencing delays in time service. Significant staffing
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Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

NEW: Consumer-Approved Newspaper Ad

Are you trying to grow your LTCi book of business with an association, local community or HOA? Use this brand new consumer-facing ad to help get your name in front of prospects.* The ad is available in 1/4 (4.25″ x 5.5″) page and 1/2 (8.5″ x 5.5″) page layouts. Contact our Sales Support team at sales.support@mutualofomaha.com or 1-800-693-6083 to receive the digital files. * Print and/or media fees are not the responsibility of Mutual of Omaha.   NEW: Consumer-Approved Newspaper Ad   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

SPA Okta Registration Required

The final registration deadline for Okta is extended to February 24, 2022. We encourage you to register for Okta immediately, to avoid business disruption. Okta is a two-factor authentication process. SPA login credentials cannot be shared. Before registering for Okta make sure your contact information on SPA is current. The contact information on file will be used for authentication. Step 1: Verify Contact Information on SPA Log on to Sales Professional Access (www.mutualofomaha.com/broker) In the upper right-hand corner, select the image of the person Select “Profile” Review your information Update as needed your email address, mailing addresses and/or phone numbers
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).