Sentinel Security Life is proud to announce that commissions on New Business will be paid daily starting April 3, 2017. This change will ensure that you, our agents, will be paid faster. Policies must be issued with premium received in order to be in the daily payout. Renewal commissions will continue to be paid on a weekly basis. Even though new commissions will occur daily, it still may take 2-3 business days for funds to be deposited into your bank account from the date the policy is issued. If you have any questions, please call Licensing/Commissions at 1-800-247-1423. #goldencareagent
Read More
GoldenCare Newsletter | March 27, 2017
In this GoldenCare Newsletter Edition From GoldenCare: Join us for an intro on a Brand New Product! GTL‘s Short-Term Home Health Plan. Also this week, join us for a special event Harry Crosby’s “Winning with GTL’s Critical Cash” Click here to register. Reminder: GoldenCare offers discounted Errors and Omissions insurance. If you haven’t renewed your E&O for 2017/2018, see the Newsletter for details on discounted prices and renewing. Don’t miss our Guest Article: “Falls Are Taking a Huge and Rising Toll on Elderly Brains,” by Mike Stobbe, Associated Press. From Mutual of Omaha: LTCi Success Tips: See the newsletter for
Read More
Sentinel Underwriting Tip
Blood Thinners and Diabetes Diabetes combined with blood thinners can be a significant underwriting concern. Sentinel Security Life declines Medicare Supplement applications for this combination and may rate New Vantage Life applications. Diabetes can damage blood vessels increasing the chance of forming a blood clot. Clots can be dangerous especially if they form in areas where the inner linings of blood vessels have been damaged. Blood clots can lead to heart attack, stroke and other serious issues. Blood thinners can help reduce this risk. However, research has shown that taking a blood thinner in combination with diabetes medications increases the
Read More
Medicare Supplement News – Omaha Family of Companies
High Deductible Plan F and N Release – KY & WA Effective March 18, 2017 we’re expanding our product portfolio to include both these Plans in Kentucky and Washington. New Medicare Supplement Plan – Utah Effective March 18, 2017, you may begin selling our new competitively priced Medicare supplement in Utah underwritten by Omaha Insurance Company. One Company/One State – Florida Effective April 1, 2017 only Medicare supplement in Florida underwritten by United of Omaha will be available for new business and conversions through individual agents. Modernized Rate Release – NC & NE Please review the rate adjustment effective April
Read More
Medicare Supplement News – Omaha Family of Companies
Upcoming Rate Adjustments – TN & CA Please review information on upcoming rate adjustments in TN supp/SELECT and CA. • In-Force Only Rate Adjustment – TN supp/SELECT • Plan N Rate Adjustment – CA Modernized Rate Release – IL Please review the rate adjustment effective April 1, 2017 for new and in-force 2010 Modernized Medicare supplement. #goldencareagent #MutualOfOmaha
Read More
“Warnings About Medicare’s future continue to be ignored,” by Kristin Walter, McKnight’s LTC News
“The Government Accountability Office has released its 2017 ‘High Risk List,’ which identifies federal agencies and programs vulnerable to fraud, waste, abuse and mismanagement. The list is published every two years at the start of a new Congress, raising the alarm about areas that greatly need attention and redirection. First designated as ‘high risk’ back in 1990, Medicare has made the GAO list every year since due to ‘its size, complexity, and susceptibility to mismanagement and improper payments.’” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): This is a very good, short update on the tragic
Read More
Manhattan Life: Rate Adjustment for Ohio
A rate adjustment for Ohio has been approved. There is a 6% rate increase for Plans A, C & F and a 4% rate increase for Plans B, D, G & N. Click here to view/print the new rates. The rates are effective for any new business with a signature date of April 15, 2017 or later requesting an effective date of May 1, 2017 or later. Please refer to the points below to determine which rates should be applied for new applications: All Medicare Supplement applications signed before April 15, 2017 will receive the current 12-1-15 rates. Any Medicare
Read More
Medicare Supplement Insurance Premium Rate Changes
Transamerica Premier Life Insurance Company “TPLIC” will be implementing new Medicare Supplement insurance premium rate changes for new sales and inforce policies. The policies that are impacted were originally underwritten by Transamerica Premier Life Insurance Company. The following are the states that will be impacted. State Plan Adjusted Percentage Upload Date New Rate Effective Date Kansas A, F G N 9% increase 0% unchanged 20% decrease 3/22/2017 5/1/2017 Missouri A, F, N G 3.9% increase 0% unchanged 3/22/2017 5/1/2017 New Jersey A, C, F G N 6% increase 0% unchanged 20% decrease 3/22/2017 5/1/2017 Pennsylvania A, B, G F N
Read More
Sentinel Underwriting Tip
MIB and Underwriting Tip What is MIB? MIB is a membership organization that provides underwriting information and services to life and health insurers. The health information that MIB provides is a dissemination of information provided from its members to its members. It is a way for companies to communicate industry wide to reduce fraud which contributes to the equitable pricing of insurance products. What MIB is not? MIB is not a clearing house of health data from doctor offices. MIB does not share whether an application was declined. Underwriting with MIB Underwriters use MIB data for informational purposes only. Underwriters
Read More
GTL E-App Technical Fix
If you are unable to utilize the quoting portion on our new mobile e-App, we recommend that you delete the application and reinstall the latest version You can redownload the e-App at the App Store for Apple devices or Google Play for Android devices. Redownloading should resolve any issue you may be experiencing. Thank you for your business! Contact GTL’s Sales Support with any questions at 1-800-323-6907 or agency@gtlic.com. #goldencareagent #GTL
Read More
