“2017 health, disability and LTCI planner,” by Allison Bell, LifeHealthPRO

“The following 2017 planner was prepared to give you an idea of what’s coming up in Congress, federal agencies, public company reporting, health insurance regulation, data releases, and trade and professional groups that might affect agents, advisors and their clients.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): This is a useful planner to check so you don’t accidentally book yourself away on vacation during an important professional conference … as I did once.   2017 health, disability and LTCI planner #goldencareagent
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Categories: Disability Income Insurance, Industry News, Long-Term Care, and Medicare Supp./Adv..

“MedPAC: Medicare Advantage Payments Now Equal to Medicare Fee-for-Service,” by Tom Kornfield and Greg Berger, AHIP

“Medicare Advantage (MA) is improving quality for seniors. And while quality goes up, costs continue to go down for taxpayers. This was further demonstrated last week, when the Medicare Payment Advisory Commission (MedPAC) announced average payments to MA plans are now equivalent to fee-for-service (also called ‘traditional’) Medicare costs.” LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform): This column is from an AHIP-sponsored blog.   MedPAC: Medicare Advantage Payments Now Equal to Medicare Fee-for-Service #goldencareagent
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Categories: Industry News and Medicare Supp./Adv..

Aetna Medicare Supplement Rate Change: NJ

Rate adjustments have been approved for individual Medicare Supplement plans in New Jersey (AHLIC) effective February 1, 2017. New Business Guidelines for Medicare Supplement Rate Adjustments (Open Block) on Medicare Supplement plans underwritten by: Aetna Health and Life Insurance Company (AHLIC) American Continental Insurance Company (ACI) Continental Life Insurance Company of Brentwood, Tennessee (CLI) The date the applicant signs an application (application signature date) AND the policy effective date determine which rates to apply to your new business. Instructions on how to apply a rate change to NEW applications are provided in the table within the announcement. All currently marketed
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Categories: Aetna and Medicare Supp./Adv..

“Medicare Advantage Plans in 2017: Short-term Outlook is Stable,” by Gretchen Jacobson, Anthony Damico, Tricia Neuman, and Marsha Gold, Kaiser Family Foundation

“This spotlight analyzes publicly available data to review the Medicare Advantage plans offered in 2017, with information on including plan availability, premiums, out-of-pocket limits and other plan features: The average Medicare beneficiary will be able to choose from 19 plans in 2017, a number which has been relatively stable since 2012. The average beneficiary will be able to choose from plans offered by six firms; one-quarter of beneficiaries nationwide will have a choice of plans offered by three or fewer firms in 2017. If enrollees in Medicare Advantage prescription drug plans (MA-PDs) stay in the same plan between 2016 and
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Categories: Industry News and Medicare Supp./Adv..

Payment Options for Customers

Exciting news regarding new process related to payments! Policyowner Services is continually looking for ways to enhance the service experience. As you are aware, this year we’ve been looking at several of our high volume requests and enhancing the related processes to make them more efficient. Recently, we’ve had the opportunity to review the way we handle certain types of payments. We are excited to announce the changes we’ve made to Customer Access to allow additional payment processing! For Life and Health policies: A customer will have the ability to submit an electronic payment during the “special offer” or “timely
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Categories: Accident Insurance, Critical Illness, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Annual Notice of Change mailing

This week, we will be mailing our Medicare Supplement policyholders information about upcoming changes to the Medicare copays and deductibles. Some policyholders will also receive information about a new provider opportunity available in their area. 2017 Medicare copays and deductibles On January 1, 2017, the federal Medicare program will increase the Part A deductibles, Part A daily coinsurance amounts and the Part B deductibles. Deductibles and Coinsurance Amounts for Calendar Years 2016 and 2017 Type of cost sharing 2016 2017 Part A Inpatient hospital deductible $1288 $1316 Daily coinsurance for 61st-90th Day $322 $329 Daily coinsurance for lifetime reserve days
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Categories: Aetna and Medicare Supp./Adv..

NEW! Illinois Comparison Checklist for 2017

Please be aware that there is a new Illinois Comparison Checklist for 2017. The Illinois Application Packet has been updated to include the new 2017 Illinois Comparison Checklist. Any application with an effective date of January 1, 2017 or later will need to have the 2017 Illinois Comparison Checklist. The 2016 Illinois Comparison Checklist will end on December 31, 2016. Click on the link below to download a copy of the new Illinois application. Illinois Application Packet   #goldencareagent #Sentinel
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Categories: Life Insurance, Medicare Supp./Adv., and Sentinel Security Life.

GTL’s New Cutting Edge E-Application

Break away from the competition with GTL’s new cutting edge E-Application! Get paid faster by using your iPad, Android device or web browser to submit and deliver electronic policies instantly to your clients. This new platform is easier than ever, works on all devices and allows you to quote multiple products off-line. After December 15th, you can download the GTL E-App from the Google Play store or Apple store OR go to http://gtlic.com/agent-connection.html to use it from your desktop computer. The first time you use the new E-App you will need to click REGISTER to create a new user name
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Categories: Critical Illness, Guarantee Trust Life, Hospital Indemnity Plan, and Medicare Supp./Adv..

GoldenCare Newsletter | December 19, 2016 Edition

From GoldenCare: Ring in 2017 with our End-Of-Year Grand Finale!  Catch up on all the moves, shake-ups and changes that happened in 2016 and get a jump on your success in 2017. Reserve your seats: Wed, Dec 28, 2016 10:00 AM  to  10:30 AM CST Thurs, Dec 29, 2016 2:00 PM  to  2:30 PM CST Our Guest Article is “The Tax Benefits of Long Term Care Insurance” by Maryalene LaPonsie, U.S. News and World Reports.   Enjoy! Minnesota Life / Securian now has Client Videos on YouTube!  See the newsletter to check out some of their most popular videos. GTL has
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, John Hancock, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).