GoldenCare Newsletter | June 7, 2021

Read Full GoldenCare Newsletter, June 7, 2021 Edition In this GoldenCare Newsletter Edition From GoldenCare:   TOMORROW! True Freedom Product & Electronic Enrollment Training Wed, June 9, 2021 2:00 PM  to  2:30 PM CDT   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. PROMO TIME! Earn BIG on GTL and Mutual of Omaha applications!  Click below for promo details! HAPPY SELLING!  GoldenCare’s Q2 Sales Incentive True Freedom Scoreboard Incentive   Guest Articles: “LTC financing: Be careful what you WISH for,” by Stephen
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Mutual of Omaha (& Affiliates), National Guardian Life, and True Freedom.

Washington State Long-Term Care Insurance Product Offering Update

In efforts to support the Washington State Cares Fund initiative, Mutual of Omaha implemented underwriting and commission changes for applications received from the state of Washington, including: A 100% chargeback for policies issued May 19, 2021 – November 1, 2021 and lapsing within the first policy year. Declining applications for clients not seen by a physician in the last 24 months. However, due to continually increasing application volumes from the state, Mutual of Omaha must make additional modifications. Effective immediately, we are instituting the following adjustments to the MutualCare® Solutions product offerings for the state of Washington: Increasing minimum issue
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

EssentialLTC in VitalLTC

EssentialLTC in VitalLTC Communicated around the end of April, additional time was required to test the VitalLTC updates to ensure accurate pricing and benefits were reflected. We’re pleased to announce that the enhanced version of EssentialLTC is now available for use in VitalLTC’s programs.   For agent inquiries, contact your dedicated Agent Services Team at 888.505.2332 or status@ngl-essentialltc.com. For sales questions contact the Long-Term Care Sales Team at LTC@nglic.com.     #goldencareagent #ngl #longtermcare
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Categories: Industry News, Long-Term Care, and National Guardian Life.

New and Updated Consumer Materials

New and Updated Consumer Materials We are excited to announce that we have new and updated materials for use with consumers. These materials are designed to make explaining the benefits of National Guardian Life Insurance Company’s (NGL) EssentialLTC to your clients easier Beginning Friday, May 28, these materials will be available under the consumer section of the Sales and Marketing tab on the Agent Resource Center (ARC) or by clicking the links in the descriptions below to download. These materials are not approved for use in AZ, CA, CT, DE, DC, FL, HI, IN, NJ, ND, SD. You will be
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Categories: Industry News, Long-Term Care, and National Guardian Life.

S&P Rating Affirmation

S&P Global has re-affirmed Mutual of Omaha’s A+ (Strong) rating with a stable ratings outlook. The A+ rating is the second highest of 16 ratings issued by S&P Global, which assesses overall financial strength and ability to meet ongoing obligations to policyholders. If you have any questions, please contact Mutual of Omaha’s Sales Support Team at (800) 693-6083 or e-mail sales.support@mutualofomaha.com.   S&P Rating Affirmation     #goldencareagent #mutualofomaha #fortune500
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Categories: Accident Insurance, Critical Illness, Dental, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Long-Term Care Virtual Assessment Update

Throughout the pandemic, Mutual of Omaha has been evaluating our underwriting and new business practices in efforts to support business continuity, deliver a high level of service and maintain our financial strength. In February, we announced a temporary transition to virtual assessments for applicants age 65 and over with favorable medical records. However, due to the increasing number of Americans being vaccinated, we will be moving back to face-to-face assessments. Effective June 1, 2021, virtual assessments will only be conducted when a nurse is not available or due to geographic location. *Reminder:  Underwriting will initiate scheduling assessments for LTC applicants
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Categories: COVID-19, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

ATTENTION FLORIDA AGENTS: Optional HHC Rider Now Available

Effective June 1, 2021, Mutual of Omaha implemented pricing and benefit changes in four additional states (DC, FL, ND & SD). In Florida, however, one additional change was made to enhance the product offering. When the MutualCare® Solutions LTCi products were launched in 2013, the Florida State Department of Insurance approved a state-specific version which did not allow the optional Waiver of Elimination Period for Home Health Care rider to be offered. Exciting News! Mutual of Omaha is pleased to announce that, as of June 1, 2021, Florida MutualCare® Solutions LTCi policies can now be sold including this optional rider!
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Omaha Now Ranked #282 On Fortune 500 List

Mutual of Omaha has moved up to No. 282 on Fortune Magazine’s list of the 500 largest corporations in the United States, ranked by revenue for the 2020 fiscal year.  #fortune500   #mutualofomaha     Mutual of Omaha Improves Position on Fortune 500 List   #goldencareagent #mutualofomaha #fortune500
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Categories: Accident Insurance, Critical Illness, Dental, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Memorial Day Office Closing 2021

Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Monday, May 31st for Memorial Day. Below are the cut-off dates and times and the adjusted pay schedules. Holiday Pay Calculation Schedule Med Supp E-App & All Life Cutoff 3:00 PM Health Cutoff 3:00 PM Long Term Care Cutoff 3:00 PM Direct Deposit (EFT) Available Memorial Day, Monday 5/31/2021 Tuesday 6/1/2021 Tuesday 6/1/2021 Friday 5/28/2021 Friday 5/28/2021 Friday 6/4/2021   Weekly and holiday pay schedules are also available on the Sales Professional Access (SPA) website. If you have any questions, please contact your Sales
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Categories: Accident Insurance, Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).