GoldenCare Newsletter | March 18, 2024

  Read Full GoldenCare Newsletter,  March 18, 2024 Edition In this GoldenCare Newsletter Edition Webinars: Hiding in Plain Sight – The Best Solution Out There   Wed, Mar 20, 2024 2:00 PM  to  2:45 PM CDT     Competitive Advantages:  Aetna and OmniFlex Tues, Mar 26, 2024 10:00 a.m. Central   Guest Article: “Genworth Releases Cost of Care Survey Results for 2023: Twenty Years of Tracking Long-Term Care Costs,” Genworth   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
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Manhattan Life, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), OmniFlex, Short-Term Care, Thrivent, and Wellabe.

New application requirements are coming soon

Coming Soon: New Application Requirements Beginning April 1, 2024, you will be required to provide the Social Security Number (SSN) or Individual Taxpayer Identification Number (ITIN) for all new Health and Final Expense insurance applicants. This requirement will help streamline the application process by improving instant-decisioning and straight-through processing. SSNs and ITINs are a reliable and universal way to verify a person’s identity and will allow us to determine if someone already has coverage while reducing the number of duplicate accounts. We’ll also be able to properly identify household discount allocation for customers with multiple policies and verify coverage threshold.
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Categories: Industry News, Short-Term Care, and Wellabe.

GoldenCare Newsletter | March 4, 2024

  Read Full GoldenCare Newsletter,  March 4, 2024 Edition In this GoldenCare Newsletter Edition Webinars: Mutual of Omaha LTCi Product & Software Training Thurs, March 7, 2024 11:00 AM  to  11:30 AM CST Sales While You Sleep: AFEUSA/CHUBB Self-Enrollment Tues. March 12, 2024 10:00 AM to 10:30 AM CDT Finding the Niche: OmniFlex STC & Essential Care Thurs. March 14, 2024 2:00 PM to 2:30 PM CDT Guest Article: “Genworth Hopes to Stabilize Long-Term Care Business by 2026,” by Allison Bell, ThinkAdvisor   Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Manhattan Life, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), OmniFlex, Short-Term Care, Thrivent, and Wellabe.

Short-term Care insurance is a big opportunity

Wellabe’s Short-Term Care insurance is expanding Beginning March 1, 2024, our Short-Term Care insurance will be available in 24 states — which gives you a great opportunity to expand your portfolio. And we offer resources to help you start selling.   Why sell Short-Term Care insurance? This product helps clients protect their finances from cots arising from health situations that would require them to receive care in their homes or in a facility. It’s easier to qualify for compared to Long-term Care insurance, which makes it an attractive option for a wide range of clients. Access sales resources and additional
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Categories: Industry News, Medicare Supp./Adv., and Wellabe.

Wellabe Short-Term Care insurance is coming to 24 states!

Our Short-Term Care insurance is expanding Beginning March 1, 2024, our Short-Term Care insurance will be available in 24 states. Agents in Alabama, Arizona, Arkansas, Colorado, Georgia, Idaho, Illinois, Indiana, Iowa, Louisiana, Maine, Michigan, Mississippi, Missouri, Nebraska, Nevada, North Carolina, Ohio, Oklahoma, South Dakota, Texas, West Virginia, Wisconsin, and Wyoming can get contracted to sell Wellabe’s Short-term Care insurance plans. Contact GoldenCare to get contracted today by emailing marketing@goldencareusa.com or calling 800-842-7799.   Questions? Please contact the Wellabe’s Agent Support by calling 800-547-2401, option 3, or emailing healthagentsupport@wellabe.com.   Wellabe Short-Term Care insurance is coming to 24 states!    
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Categories: Industry News, Medicare Supp./Adv., and Wellabe.

You’re Invited! Essential Care STCi Webinar with Courtney Mayer

Introducing the new Essential Care STCi coverage from Medico, a Wellabe Company.   Join special guest, Courtney Mayer, for an official introduction to Essential Care, and learn how a home health care base benefit with flexible options can help meet more clients’ needs.   We’ll cover basic product details, field underwriting guidelines, quoting as well as enrollment – all in one!   Tues, Jan 17th  |  2:00 p.m. Central Click below to register:   Please check that you meet minimum system requirements and have the equipment needed to attend before downloading the latest version of GoToWebinar. Click Here for more
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Categories: GoldenCare News, Industry News, and Wellabe.

Kentucky SEP commission changes coming Jan. 1

Kentucky SEP commission changes coming Jan. 1 Wellabe has adjusted the Annual Special Enrollment Period (SEP) compensation. While underwritten and open enrollment/guaranteed issue commissions will remain the same, the commissions for the SEP have changed. Underwritten Medicare Supplement applications through Wellabe will get you the highest paid commission in comparison to other types of applications. Plus, this quarter you can earn even more with our Medicare Supplement incentive. With a minimum of 3 approved and taken applications, you will qualify to earn $150 for each one. That’s an easy $450.   Visit the Commissions and Incentives section on the Wellabe
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Categories: Industry News, Medicare Supp./Adv., and Wellabe.

Wellabe Debt Recovery Process

Debt Recovery Process As of Oct. 16, 2023, our updated debt recovery process will be effective, and agents’ debts will be addressed accordingly. Generally, a debit balance is created when an agent receives an advance commission, and the policy terminates before that commission was earned. If you have outstanding debts, Wellabe will reach out to you twice over a 60-day period. GoldenCare will be copied on such messages and will also be in communication regarding debt repayment. If payments are continually missed, the agent will have their Agent Agreement terminated and their obligation will be reported to Vector One.  
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Categories: Industry News, Short-Term Care, and Wellabe.

Get Started with Wellabe’s STC Agent Incentive Program!

Wellabe’s Short-Term Care insurance, underwritten by Medico, is launching an agent incentive program! This is an amazing opportunity to get started with this new product! EXAMPLE Sell 18 policies and receive: First five = $1,000 Next five = $750 Eight additional policies = $800 Total payout = $2,550 These payouts apply in all states where the products are available.   For qualifying Short-term Care applications between Aug. 19, 2023, and Dec. 31, 2023. A minimum of 5 qualifying applications must be submitted and approved to qualify for the payout. Bonus tiers are counted accumulatively throughout the bonus period. Payments are
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Categories: Industry News, Short-Term Care, and Wellabe.

Wellabe Short-Term Care insurance is now available

Wellabe is now offering Short-term Care (STC) insurance to help your clients when it matters most. Add this product to your portfolio to offer your clients more options for their extended care. GoldenCare’s commitment to serving the senior extended care industry and providing our agents with cutting-edge insurance solutions has never been greater. Following the OmniFlex™ STC launch, we realized we could fill even MORE niches with the release of another powerhouse STC product. Join Dennis Rinner as he introduces Essential Care. Attend to learn how a Home Health Care base benefit with flexible options can help meet more clients’
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Categories: Industry News, Short-Term Care, and Wellabe.