7/30/19 Net Income Of $168 Million And Adjusted Operating Income Of $204 Million RICHMOND, Va., July 30, 2019 /PRNewswire/ — Merger Agreement With China Oceanwide Holdings Group Co., LTD (Oceanwide) Extended To No Later Than November 30, 2019; Actively Soliciting Interest In Genworth MI Canada U.S. Mortgage Insurance (MI) Adjusted Operating Income Of $147 Million With $15.8 Billion In New Insurance Written (NIW) And Continued Strong Loss Performance U.S. MI’s PMIERs1 Sufficiency Ratio At 123 Percent, In Excess Of $650 Million Above The Revised Standards That Became Effective On March 31, 2019 Continued Strong Capital Levels In Canada And Australia
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Reminder Regarding DVH Policy Change Rule
REMINDER: DVH Policy Change Rule Policy changes to or from a Basic/Premiere PPO Dental plan to Prime (DVH) may only be made effective upon the existing Policy Anniversary Date. Applications may be submitted up to 90 calendar days prior to the Policy Anniversary Date. The change to the newer plan will not be effective until the Policy Anniversary Date of the replaced plan. Additionally, commissions paid will be durational, and there will not be an advance. Questions? We’re Here To Help! Contact SureBridge Producer Support by calling 888-797-4447, or by emailing :AgentCommunications@SureBridgeInsurance.com. #goldencareagent #surebridge
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The Emerging Resource of Genomic Sequencing
“For some cancers once considered virtual death sentences, the outlook is already much improved…” Read the Newsweek article highlighting genomic sequencing’s promise and often-underutilized results to offer a more precise way of treating cancer. Read the Article in Newsweek GTL’s Precision CareTM Cancer Insurance was designed to help provide access to and payment for genomic sequencing which currently only 10% of cancer patients undergo due to the lack of accessibility and coverage by insurance companies.* We aim to bring this extremely valuable tool to as many of your clients as possible to give the best information to help
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MACRA Changes
As carriers begin to release High Deductible G rates for MACRA, CSG Actuarial will be adding them to the MarketAdvisor quoting tool. Agents can select High Deductible G from the plan selection list, but must enter an effective date of 1-1-2020 to view results. CSG Actuarial is tracking each state’s progress on implementing MACRA-related changes. Click here to download our MACRA Tracking Grid. To learn more about MACRA, download the NAIC’s frequently asked questions here. MACRA Changes #goldencareagent #csgactuarial
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New Carrier Added to CSG E-Application Platform
On July 1, CSG Actuarial added Heartland National Life Insurance Company to the Medicare Supplement E-Application Platform. Agents can submit applications in 10 states – DE, IA, MD, NC, ND, NM, OH, PA, SD and WV. Heartland offers Plans A, G, N in all 10 states with a subset of states offering Plans B and/or C. Heartland will be releasing additional states later this year. Heartland National Life is the third carrier to be added to the E-Application Platform. Aetna and Mutual of Omaha companies were added earlier this year. CSG Actuarial is excited about the expansion of our E-Application
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Producer Tech Support – Amazon Connect
Mutual of Omaha has upgraded its technologies to provide a better customer service experience by implementing Amazon Connect for our broker technical support calls. This same platform was introduced a few months ago to support customer service calls in contact centers throughout the organization. As of Thursday, August 1, brokers who call Producer Tech Support will interact with the new system. A few notes about this update: The Tech Support email option will continue to operate as usual. The option to chat with Tech Support will be removed. The option to leave a voicemail will be removed. Brokers will need
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Medicare News – Omaha Family of Companies
Medicare Supplement: Upcoming Med Supp Rate Adjustments Please view the upcoming rate adjustments in AL, IA, ND, NJ, NY, OK, and WY. Med Supp One Company/One State – TX Effective September 1, 2019 only applications underwritten by Omaha Supplemental Insurance Company will be accepted for new business and conversions in TX. Proper Identification of Underwriting Company When taking a client’s Med Supp application, clearly identify for them the correct underwriting company for the policy being purchased. New Med Supp Benefit – Mutually Well A new benefit for our Med Supp policyholders is coming soon: a comprehensive fitness
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Accelerated Underwriting for TLA
Our Accelerated Underwriting program for Term Life Answers is easy. Submit a Speed eTicket (drop ticket), ExamOne contacts the client — we take care of the rest. The best part? We’ll provide an underwriting decision in 48-72 hours! Click here to find out which of your clients could qualify for Accelerated Underwriting. If you have questions, please contact your Mutual of Omaha Account Executive or Sales Director. Accelerated Underwriting for TLA #goldencareagent #mutualofomaha
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LTC Riders: Understanding the Differences in Design
Our LTC Rider on Income Advantage IUL and Life Protection Advantage IUL follows what is known as a reimbursement rider model. Many other companies use an indemnity model. Knowing the difference is important. Here’s a basic definition: Indemnity — Policyowner can take rider benefits up to the maximum monthly benefit limit regardless of the actual expenses incurred. Reimbursement — Policyowner is reimbursed based on actual expenses incurred by the insured, up to the maximum monthly benefit limit. At first glance based on the definitions alone, an indemnity rider may seem like the obvious choice, that your client has access to
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Video: Go Behind the Scenes with an LTC Underwriter
We’re excited to bring you the first in a series of video interviews with members of our underwriting team! This video interview is with the manager of our underwriting area, Demerri Bond. She’s spent the last 20 years on our long-term care underwriting team, but before that, she was a long-term care nurse. The transition from being someone providing care to someone providing benefits for those who need it has given her a unique perspective that you’ll want to see. Check it out! NEW FEATURE Not discussed in this video is a brand-new option for applicants 59 and younger. In
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