Important Update
REMINDER: LTC New Business Rate Refresh and Benefit Changes
Mutual of Omaha will be refreshing our rates and implementing benefit option changes to the MutualCare® Solutions Portfolio effective September 1, 2020.
IMPACTED STATES: Alabama, Alaska, Arkansas, Colorado, Georgia, Idaho, Illinois, Iowa, Kentucky, Louisiana, Maine, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, and Wyoming
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 September 1, 2020.
BENEFIT CHANGES
Cash Benefit
- MutualCare® Custom: 25% of home health care benefit up to maximum of $2,000 per month
- MutualCare® Secure: 25% of home health care benefit up to maximum of $2,000 per month
Partner Premium Allowances:
- 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
Questions? Call our Marketing Team at 800-842-7799!
Visit goldencareagent.com or call us at 800-842-7799 for access!