New withholding process for Asset Care annuities effective 12/10/2022 Jan. 1, 2023 in all states, IRS guidelines around taxable distributions from retirement plans and annuities will change, requiring a modification to our application process affecting our Asset Care Annuity Funding Whole Life option, as well as Asset-Care II/III (California). Starting 12/10/2022, this guideline change will necessitate collection of a new “Statement of Understanding – Withholding” form as well as IRS Form W-4P to indicate the policyholder’s future withholding preference prior to issue. Please view the video above to learn about this process change. If you have any additional questions,
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Announcing another price decrease on our Asset Care portfolio
It’s time for another timely price decrease on our Asset Care product portfolio JEFF LEVIN, VP, CARE SOLUTIONS DISTRIBUTION For the second time in 2022, OneAmerica® is announcing a price decrease on our Asset Care product portfolio across the country, effective Dec. 9, 2022. Our long-term perspective, disciplined approach and more than 30 years of experience in asset-based long-term care allow us to confidently improve the value to our stakeholders. Backed by our financial strength and commitment to this market, OneAmerica will simply be there when our customers need us most. Learn more about new business submission rules leading up
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Care Solutions News, November 2022
Succeed as One A Thanksgiving Message from Jeff Levin With the arrival of November, there are many things we all are grateful for. Jeff has a special message to everyone this Thanksgiving below. – Jeff Operations updates Prepare for year-end: Review key dates and holiday hours We’re dedicated to helping you have a smooth and successful year-end. To ensure you’re prepared, review our holiday hours, new business processing guidelines for 2022 production, and details about this year’s required minimum distribution waiver. Thanksgiving closure, newsletter distribution OneAmerica will be closed Thursday, Nov. 24 and Friday, Nov. 25 for
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Change to Underwriting Medical Requirements
Immediate Change to Medical Requirements for Full Underwriting Due to a laboratory test kit being discontinued, our vendor, ExamOne, now requires a blood specimen to complete the panel of tests full underwriting requires. Effective immediately, blood specimens will be required on those adults ages 35 and up for face amounts $0-99,999, on products issued and underwritten by State Life. This change will not impact Underwriting’s processing time and only applies to full underwriting. This does not affect Expedited Underwriting. You can view the complete chart on page 13 of the updated Care Solutions Process Guide, I-33758. Please make sure any
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Care Solutions News, May 2022
Care Solutions Sales & Support Teams Find your key sales contacts using our current territory map. Tools and resources Our 2021 Financial Results The 2021 OneAmerica Annual Report is now available. If you are interested in further details about our financials, please refer to the following resources for additional information: About OneAmerica About OneAmerica Fact Sheet (C-26066) About Financial Ratings Financial Ratings Data Sheet (C-26210) About State Life About State Life (C-26169) About AUL About AUL Fact Sheet (C-26067) Spread the Word: OneAmerica Is Here For Your Clients The unexpected can change everything in the blink of an eye.
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Announcing Price Decrease for our Asset Care Portfolio
Announcing Price Decrease for our Asset Care Portfolio JEFF LEVIN, VP, CARE SOLUTIONS Today, OneAmerica is announcing a price decrease on our Asset Care product portfolio nationwide, effective May 26, 2022. OneAmerica® was one of the first companies to increase prices on our asset-based LTC product back in 2019. While not popular, that decision made our product more resilient and created a solid future to serve our customers. Because of this approach, this product has remained a strong option in the asset-based long term care market and we are now one of the first companies to be able to offer
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Care Solutions News, April 2022
Care Solutions Sales & Support Teams Find your key sales contacts using our current territory map. Operations updates New feature in OneSource Online (OSO) – Make Policy Changes Online Beginning this month, a new feature will be added to the policy page in OSO. You will now have the option to make an Online Service Request on behalf of your client instead of ordering a paper form to be sent to the client or taking a service form to a client in person. Transactions available include making address, beneficiary or bank draft changes as well as requesting loans, dividends,
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Care Solutions News, March 2022
Care Solutions Sales & Support Teams Find your key sales contacts using our current territory map. Operations updates OneAmerica closed on Good Friday OneAmerica will be closed on Friday, April 15, for the Good Friday holiday. Normal operations will resume on Monday, April 18, 2022. Fair Credit Reporting Act Authorization Information In response to a regulatory requirement, we recently updated/added the Fair Credit Reporting Act Authorization Form (I-34341) to our process for all underwritten products. This authorization is automatically included within eApp, and for those unable to use our electronic application system, the Fair Credit Reporting Act Authorization
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Important Care Solutions product portfolio updates effective Feb. 1, 2022
Important Care Solutions Product Portfolio Updates We have two important updates regarding our Care Solutions Product Portfolio, both effective Feb. 1, 2022. Washington Asset Care and Annuity Care Sales Update We are pleased to announce that effective Feb. 1, 2022, OneAmerica® will resume sales of our Asset Care and Annuity Care product portfolios in the state of Washington. The products will return to active sale with all riders and features available. However, we will only accept Washington applications submitted through our eApplication process at this time. Please click here for more detailed information on submitting new business or re-opening a
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Reduced Sales Desk Availability Next Week
Reduced Sales Desk Staff — February 1, 2 and 3 To accommodate our National Sales Meeting and annual training, Tuesday, Feb. 1, through Thursday, Feb. 3, the Care Solutions Sales Desk will be operating with reduced staff. During these three days you may experience longer hold and turnaround times than normal. Normal operations will resume on Friday, Feb. 4. For best service during this time, please email non-urgent requests to GoldenCare at marketing@goldencareusa.com. Reduced Sales Desk Availability Next Week #goldencareagent #oneamerica
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