Using Inflation Protection to Reach Desired Premium

It can be challenging to fit a long-term care insurance premium payment into an already tight budget. With a variety of inflation protection options available on a MutualCare® Custom Solution policy, your agents can tailor a plan of coverage to meet the needs and budget requirements of any client. Read the concept flyer to learn more.   Using Inflation Protection to Reach Desired Premium   #goldencareagent #mutualofomaha #longtermcare
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Do pictures speak louder than words?

The need for long-term care insurance becomes apparent when you see how it benefits real-life customers. These flyers are learning tools you can turn into powerful sales tools by describing how an LTCi policy helped both Mutual of Omaha policyholders and their families. Real People. Real Stories. How LTCi impacts people’s lives. Thomas’s Story Given a life expectancy of six months, Thomas used his policy to get home health care and hospice end-of-life services. View the Flyer   John’s Story After John suffered a stroke, his wife used the care coordination provision of the policy to help her locate adult
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Prescreening LTCi Applicants is Always a Good Idea

Did You Know? No one wants to tell a client their LTCi application has been declined or their policy must be rated up. Let Mutual of Omaha help you avoid these awkward conversations. Prescreening your LTCi applications is the best way to know what rate class to quote or even whether the case should be submitted. Mutual of Omaha makes prescreening fast and easy. They offer this guarantee: send an email to ltcunderwriting@mutualofomaha.com and you’ll have a response in four hours. Be sure to include information like: Dates of doctors’ visits Specialty physicians the client may be seeing Pending surgeries
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

California Partner Allowance Guidelines

Mutual of Omaha is allowing a 6-month period for policyholders to receive the “Partner – Both Issued” allowance when partners are issued policies with two different rates (one issued pre rate refresh, one issued post rate refresh). The rule will only apply if the second partner’s policy is issued within 6 months of the rate refresh effective date. Below are scenarios based on a state with a rate refresh implementation date of April 1, 2022 and a six-month deadline of October 1, 2022. Partner A is issued a policy with old rates. The 15% “Partner – One Issued” allowance applies
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC New Business Rate Refresh and Benefit Changes in California

As a leading long-term care insurance carrier, Mutual of Omaha has a responsibility to our policyholders and distribution partners to ensure our pricing strategy and product offerings are in line with industry trends, internal claims data and the economic environment. In 2020, Mutual of Omaha began implementing new rates and benefit option changes to the MutualCare® Solutions Portfolio in approved states. Effective April 1, 2022, we will be implementing these changes in California. 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 April 1,
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Sales Idea: Ideas to Help the LTCi Conversation

Talking with your clients about the need to plan for long-term care is a critical conversation about their future, yet it’s not always easy getting people to open up about this potentially sensitive subject. View the Sales Idea to learn more about what types of simple, open ended questions can be asked as well as what objections you can anticipate.   Sales Idea: Ideas to Help the LTCi Conversation   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Mutual of Omaha NEW LTCi Consumer Video

New Consumer-Approved Video! This inspirational video can help you convey Mutual of Omaha’s enduring commitment to long-term care insurance and provide your clients with the confidence they need to know their policy will be there when they need it.   NEW LTCi Consumer Video   #goldencareagent #mutualofomaha
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Categories: Consumer Marketing Materials, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC New Business Rate Refresh and Benefit Changes for Additional States (NY, MT)

As a leading long-term care insurance carrier, Mutual of Omaha has a responsibility to our policyholders and distribution partners to ensure our pricing strategy and product offerings are in line with industry trends, internal claims data and the economic environment. Last year, Mutual of Omaha began implementing new rates and benefit option changes to the MutualCare® Solutions Portfolio in approved states. Effective November 1, 2021, we will be implementing these changes in two additional states. Impacted States Montana and New York Rate Adjustments Premium adjustments may vary by age, sex and benefit selection. You may view the new rates by
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

The Changing Landscape of Long-Term Care Planning

LTCi Remains Firmly Rooted as Viable Option When it comes to planning for LTC, consumers have more choices than ever before. But if they’re looking for the least expensive option, more comprehensive and generous benefits and other features like care coordination and inflation protection, then a traditional LTCi policy may be their best option. Traditional Policy Advantages: The least expensive way to fund long-term care services, providing strong value for the consumer Benefits are more comprehensive and generous than those provided by combined products Flexible policies provide coverage during the progression of care Provides known coverage amounts on day one
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC New Business Rate Refresh and Benefit Changes for Additional States

As a leading long-term care insurance carrier, Mutual of Omaha has a responsibility to our policyholders and distribution partners to ensure our pricing strategy and product offerings are in line with industry trends, internal claims data and the economic environment. Last year, Mutual of Omaha began implementing new rates and benefit option changes to the MutualCare Solutions Portfolio in approved states. Effective August 1, 2021, we will be implementing these changes in three additional states. Impacted States District of Columbia, Hawaii and New Jersey Rate Adjustments Premium adjustments may vary by age, sex and benefit selection. You may view the
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).