NGL EssentialLTC News

Deleting Old E-Applications The E-Application system now allows you to delete applications you are no longer working on via the “Your E-APP Summary Reports” section. Additionally, E-Applications entered but not submitted will automatically be deleted after 30 days of inactivity. Benefits of using E-APP Work with clients nationwide. Share your screen with clients or use it directly with the client. Efficient application process. Faster processing of business Click here to submit new business. Face-to-face exams for ages 66-79 NGL underwriting guidelines require an in-person exam for long term care insurance that includes cognitive and functional screening. Due to the current
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Categories: COVID-19, Industry News, Long-Term Care, and National Guardian Life.

CVS Health announces COVID-19 resources for Aetna members

In response to the rapidly evolving COVID-19 outbreak, CVS Health announced a series of steps designed to support the health and well-being of Aetna members, ensure patient access to medication, and remove barriers to care. Effective immediately: Aetna will waive co-pays for all diagnostic testing related to COVID-19. This policy will cover the cost of physician-ordered testing for patients who meet CDC guidelines, which can be done in any approved laboratory location. Aetna will waive the member costs associated with diagnostic testing for all Commercial, Medicare and Medicaid lines of business. Self-insured plan sponsors will be able to opt-out of
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Categories: Aetna, Industry News, and Medicare Supp./Adv..

Additional COVID-19 Notice required for LTCI sales in New Mexico

Action required beginning March 27; provide COVID-19 notice to prospective customers Beginning March 27, all financial professionals in New Mexico who sell Thrivent long-term care insurance (LTCi) are required to provide an additional COVID-19 (coronavirus) notice to prospective customers. The notice will be included in New Mexico app packets on partner.thrivent.com or on iPipeline’s FormsPipe. Click here to view a sample.     #goldencareagent #thrivent #ltc
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Categories: COVID-19, Industry News, Long-Term Care, and Thrivent.

Thrivent LTCI News: Underwriting updates regarding COVID-19

Underwriting Questions FAQ (COVID-19) Last updated 03/25/2020 How are we underwriting COVID cases? Applicants positive for COVID 19 will be postponed. We will reconsider coverage 3 months after a negative test for COVID 19. Is Thrivent waiving underwriting requirements due to COVID 19? We are not waiving any underwriting requirements at this time. What if during policy delivery while completing the Statement of Good Health, it’s learned that the insured has tested positive to COVID-19 since the initial application? Client will need to wait until 90 days after being fully recovered at which time they can re-apply. Are we taking
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Categories: COVID-19, Industry News, Long-Term Care, and Thrivent.

OneAmerica Care Solutions News

Supporting our partners and customers Our Response to COVID-19 We hope you and those closest to you are doing well as the COVID-19 outbreak continues to affect businesses and communities throughout the country and across the world. OneAmerica has long been in the business of helping individuals and businesses plan for the future and protect themselves during uncertain times, and this is no exception. As the outbreak of COVID-19 continues and knowing that this situation will continue to evolve over the coming weeks, we want to make sure you’re aware of the steps we’re taking to protect our associates, customers
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Underwriting Materials Updated for New Term Conversion Guidelines

On March 18th we announced changes to our term conversion rules on our Term Life Answers fully-underwritten term insurance product. Our new Underwriting Guidelines booklet has been updated with the new term conversion guidelines and is available for ordering through your normal supply channels. And our newly updated Term Conversion Guidelines flyer also gives guidance for both of our term products, Term Life Answers and Term Life Express, regarding: The term conversion periods The conversion products available The compensation paid on conversions If you have any questions about our term products or their conversion privileges, please contact Mutual of Omaha’s
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Term Life Answers Pricing Changes

It’s important that we continually review our product portfolio and make decisions that are in the long-term best interest of our policyholders and our distribution partners. Effective April 1, 2020, we will be updating our Term Life Answers (TLA) product pricing for new issue policies. Our TLA product continues to provide clients with value and we will continue to offer these competitive product features: Age Last Birthday Underwriting FIT Underwriting Credit Program Accelerated Underwriting Program Flyer (for drop ticket applications only) Conversion Priviledges No-Cost Waiver of Premium for Unemployment Rider In addition to the product features above, effective April 1,
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Upcoming Rate Changes for Life Products

We are announcing upcoming changes to our participation rates, cap rates and fixed account rates on our life products. These rate decreases come as a result of the current rate environment and the increased market volatility, which causes an increase in options costs. Effective April 1, 2020, we will be lowering the fixed crediting rate on Income Advantage IUL, Life Protection Advantage IUL, IUL Express and AccumUL Answers. Effective May 10, 2020, we will be making changes to our participation rates and cap rates on our Income Advantage IUL and Life Protection Advantage IUL products. Fixed Crediting Rate Changes Effective
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Medicare News – Omaha Family of Companies

Medicare Supplement: 2nd Quarter Broker Bonus Incentive Program View details on Mutual of Omaha’s Medicare supplement Broker Bonus Program.   2020 Med Supp Buyer’s Guides Latest update on the availability of the 2020 Med supp buyer’s guides.   New Plans Available in MN and WA View upcoming High Deductible G Availability information.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).