RE: Flooding In Cook, Kane, Lake & McHenry Counties In Illinois

Due to flooding in and around Cook, Kane, Lake and McHenry counties in Illinois, the following accommodations will be made available to our affected insureds: MedAmerica will withdraw any cancellation notice issued on or after July 12, 2017, to an affected insured. In addition, MedAmerica will not issue any new cancellation notice to affected insureds until September 30, 2017. MedAmerica will grant affected insureds an extension of any and all coverage provisions or other requirements that impose a time limit for an insured to perform any act, including the submission of a claim, reporting of information, submission of bills, or
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Categories: Long-Term Care and MedAmerica.

Update BCBS of Florida Rate Increase Action

We are currently in the process of raising rates on all BCBS of Florida Long Term Care insurance policies. This notice is to inform you that we have received rate approval from the Florida Office of Insurance Regulation and are implementing the rate increase activity in this state. The approved rate increase is age-banded with a 25% increase for insureds with issue ages less than 51 with the increase decreasing linearly to 0% for issue age 80 and over. Commissions will not be paid on the increased premium. A notification letter describing the premium rate increase will be mailed to
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Categories: Long-Term Care and MedAmerica.

MedAmerica to Cease Email Communications

Effective immediately, MedAmerica will no longer distribute agent communications via email. Given our change in strategy, we have determined that the resource required to maintain an email system and database is significantly greater than the demand for this form of communication. Going forward, agent communications will continue to be posted via the agent portal on the MedAmerica website. We recommend you login to the website at least monthly to check for important news and review your commission statements. If you have any questions about this change in policy, please contact MedAmerica Agent Services at 800.724.1582. MedAmerica to Cease Email Communications
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Categories: Industry News and MedAmerica.

GoldenCare Newsletter, May 23, 2016

In this Newsletter Edition John Hancock Compliance update for CA, FL and MT Industry News: We have several announcements from Mutual of Omaha including rate adjustments, Priority Income Protection Electronic Application Training Video, Cost of Waiting key points, client brochure and prospecting postcard.     Be sure to catch GTL’s Short Term Care Video! Important announcements from MedAmerica, Transamerica, LifeSecure, Genworth.    Get the latest Med Supp news and more! Enjoy our Guest Article, “The Retirement Cost That 80% of Americans Aren’t Ready For” by Beth Braverman of the Fiscal Times. Don’t forget to join us for one of our new webinars
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, MedAmerica, and Mutual of Omaha (& Affiliates).

GoldenCare Newsletter, May 9, 2016

In this Newsletter Edition This is edition is packed with information.  We have several carrier announcements, including: Mutual of Omaha Keep your eye out for Policy Conservation Email Enhancements Updated LTC Cost-of_Care Book is now available! GTL GTL’s New Advantage Plus Now Approved in OH, OR and PA! GTL introduces a new Consumer-Use Tri-Fold Brochure Kemper Eletronic Policy Onboarding Announcement Plus announcements from MedAmerica, John Hancock, Genworth and more. Enjoy our Guest Article “More Customers Keeping Long-Term Care Policies” by Mara Lee, catch up on our latest GoldenCare Promotions and our All New Webinars! Read Full GoldenCare Newsletter, May 9,
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Categories: Genworth, GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, MedAmerica, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).