Important Announcement! | Effective 3/1 Next Round Of LTCi Pricing & Benefit Changes

LTC New Business Rate Refresh and Benefit Changes for Additional States

Last year, Mutual of Omaha began implementing new rates and benefit option changes to the MutualCare® Solutions Portfolio in approved states.
Effective March 1, 2021, we will be implementing these changes in four additional states.

IMPACTED STATES: Arizona, Connecticut, Indiana and Vermont

RATE ADJUSTMENTS – Premium adjustments may vary by age, sex and benefit selection. You may view the new rates by referring to the quoting software beginning March 1, 2021.

CASH BENEFIT CHANGES

  • MutualCare® Custom: 25% of home health care benefit up to initial maximum of $2,000 per month
  • MutualCare® Secure: 25% of home health care benefit up to initial maximum of $2,000 per month

PARTNER PREMIUM ALLOWANCE CHANGES

  • Both Issued: 15%
  • One Issued: 5%

For important transition rules, and timing of quoting software, materials and forms updates, see below:

LTC New Business Rate Refresh and Benefit Changes for Additional States

#mutualofomaha
#goldencare
#goldencareagent