Thrivent LTCi issues 4% more policies at preferred health than a leading competitor

Thrivent LTCi issues 4% more policies at preferred health than a leading competitor In July’s Broker World magazine, the Milliman Long Term Care Insurance Survey showed that 23% of Thrivent policies are issued with our preferred health discount, while a leading competitor only issues 19% as preferred. Distribution of Policies By Rate Class   Full LTCi Survey   #goldencareagent #thrivent #ltc
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Categories: Industry News, Long-Term Care, and Thrivent.

Care Coordination Provides Real Value for Families

The need for long-term care can come on fast or over time. Family members often need help in finding appropriate care for loved ones. Help your clients understand how it works: The insured or a trusted family member calls the toll-free number in the policy to initiate a claim. A care coordinator contacts the insured or the family member to assess the need for long-term care services. The care coordinator then develops a personalized plan of care and helps to arrange for services. The care coordinator continues to monitor the insured’s progress and the quality of care received. Check out
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Streamlining our new EFT/PAC process

Streamlining our new EFT/PAC process As a reminder, a new improved Electronic Funds Transfer/Pre-Authorized Check (EFT/PAC) form is now available to help get policies placed and delivered faster and easier than before! This Pre-Authorized Check (PAC) Premium Payment Service form can be utilized at time of application or during the application process to obtain applicant approval of either or both of the following to occur: Request that a one-time electronic funds transfer occur to pay for premium due as a delivery requirement should a policy be issued. Request ongoing PAC premium on active cases for premiums they become due. Online
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Categories: Industry News, Long-Term Care, and National Guardian Life.

You Asked and We Listened – UW Guideline Changes at MOO

From the Desk of Amanda Blackburn We previously communicated updates to our Underwriting Guidelines. As a friendly reminder, we were pleased to announce the following changes to Medical Marijuana and Family History of Dementia: Family History of Dementia with one parent, sibling (biological parents or siblings) of any form of Dementia, including but not limited to Alzheimer’s (cognitive disorder, impaired reasoning, memory issues) will be eligible for select class with maximum pool of $300k and monthly benefit of $10k. (We no longer limit the monthly benefit to 5k) Medical Marijuana users will be eligible for coverage at select class if
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Inforce LTCI Rate Adjustments Effective October 1, 2023

Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. We will be implementing the following inforce rate adjustments effective October 1, 2023. *The state of Rhode Island requires a 90-day notification period for all policyholders. Therefore, the effective date for the affected RI policies indicated below will be November 1, 2023. For details on yearly rate adjustment percentages, view the supplemental grid here. Impacted Forms Impacted States LTC04G Arizona & Rhode Island LTC04I Arizona & Rhode Island LTC04I7 Arizona &
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Understand Your Role in the Claims Process

When the need for long-term care services arises, the agent is often the first person the policyholder contacts. That’s why it’s important for you to know how the claims process works in order to understand your role. Making initial contact- The insured may contact you as their first step. Gathering information- A representative from Mutual of Omaha’s claims department will talk with the insured to gather more information. Explaining how the policy works- Not all LTC policies are the same. Determining benefit eligibility- Each policy states how the insured is eligible for benefits. Paying the claim- After the elimination period
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

You’re Invited! OmniFlex™ – Learn the Nuts & Bolts

Welcome to the Future of Short-Term Care! We knew 2023 would be a banner year, especially as we awaiting the official launch of the highly-anticipated OmniFlex™ Short-Term Care plan! It’s Finally Here! Join Tom Randall, National Marketing Director and the brains behind the OmniFlex concept, as he reviews product basics, how it works, and the many market niches this plan fills.   Wed, Aug 2, 2023 11:00 a.m. Central   Add this easy-to-sell product to your portfolio today! DEMO: Quote & Enroll using ManhattanDirect 2.0   OmniFlex is underwritten by Standard Life and Casualty – a ManhattanLife company. View Our
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Categories: GoldenCare News, Industry News, Manhattan Life, OmniFlex, and Short-Term Care.

Good News | Enhancements Made To Omaha LTCi Customer Access

Enhanced Customer Access Features For Omaha LTC Policyholders Exciting News, LTC policyholders now have an enhanced experience when signing into Customer Access. Once they sign in, they will no longer need to log in to two websites to access their LTCi policy. *For any policyholders who have previously saved a link to their LTC account as their default web page they will be directed to sign in to Customer Access. Through Customer Access, policyholders will have features available to help them manage their account. Exciting News: LTC Policyholders Now Have Enhanced Customer Access Features   Let GoldenCare be your back
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Categories: GoldenCare News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Exciting News: LTC Policyholders Now Have Enhanced Customer Access Features

Exciting News, LTC policyholders now have an enhanced experience when signing into Customer Access. Once they sign in, they will no longer need to log in to two websites to access their LTCi policy. *For any policyholders who have previously saved a link to their LTC account as their default web page they will be directed to sign in to Customer Access. Through Customer Access, policyholders will have features available to help them manage their account information such as: Update personal & billing information Enroll in automatic deduction Review policies or request duplicate documents initiate claims online View claim status
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

You’re Invited! Open Discussion: OmniFlex Panel of Experts

Bring All Your OmniFlex Questions to our Panel of Experts! With the launch of our newest Short-Term Care product, OmniFlex™ – we knew there would be questions. We’re making a Panel of Experts (including Tom Randall, Dennis Rinner, Earl Baxter, Jon Randall, Jeff Clark, and others) available to YOU. This open discussion will help to answer even the most detailed questions! We’ll also be sharing stories and feedback from some agents already seeing success selling our revolutionary STC product! If you’re beginning to learn the OmniFlex product and have questions – BRING THEM TO OUR PANEL OF EXPERTS! Don’t miss
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Categories: GoldenCare News, Industry News, Manhattan Life, OmniFlex, and Short-Term Care.