New LTC Wellness Program

Better Living Longer is an Aging-in-Place Platform that connects millions of families with transformative services they may need in or around their homes. What’s Included in the Helper Bees Program? Educational resource library with information on preventive care tips, fall prevention, vision care, health & fitness programs with many other articles. It also provides policyholders with a variety of in-home services. Linking them with vetted providers that allows policyholders to explore and purchase services, home accommodations, errand running, transportation, meal service, along with several other options. When Will The Helper Bees be Available? The program will be available on the
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC Care Coordination

Arranging for long-term care services is no easy task. When a loved one needs help with everyday activities, families often have to act quickly. Mutual of Omaha’s LTCi policies contain a care coordination benefit that helps families manage their loved one’s long-term care. Take a look at our Care Coordination Sales Idea to keep you and your client on the same page.   LTC Care Coordination   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Inflation Protection

Historically, the cost of long-term care services has increased by approximately 5 percent per year, and that trend is expected to continue. Adding an inflation protection rider is a good way to ensure the policy your clients purchase today provides adequate coverage 20 years down the road when they’re likely to need care. Read more on what Mutual of Omaha has to offer.   Inflation Protection   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Changes to LTC Underwriting

Throughout 2023, the Mutual of Omaha Long-Term Care Underwriting Team has been focused on enhancing the ease of doing business with us. Recognizing that lead time and challenges in obtaining medical information have been problematic, we are now incorporating medical claims data to assist us in our risk evaluation process. We are confident that by integrating this medical claims data into our underwriting toolbox, we will streamline processing and reduce the need for additional requirements. Ultimately, this will result in quicker decisions for you and your clients. Effective June 20, 2023, we will begin ordering medical data for all applications
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

New Personal Worksheets Now Available

Effective May 31, 2023, new personal worksheets will be available for all states except California, New York and North Dakota. View the new worksheet. Updates include: Rate Increase History Grid Two new questions (#2 & #6) Rewording of questions and additional answer options California, New York and North Dakota will be implemented at a later date. Previous worksheets will no longer be accepted after June 30, 2023.   If you have any questions, please contact Mutual of Omaha’s Sales Support Team at (800) 693-6063.   New Personal Worksheets Now Available   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

New LTC Rider Underwriting Guidelines

We would like to inform you that we have updated our Long-term Care Rider underwriting guidelines, effective immediately. These updates have been made to ensure that we continue to provide the best possible service to your clients while maintaining the highest standards of risk management. We understand these changes may require some adjustments in your current processes, and we are here to help. If you have any questions or concerns about the updated guidelines, please do not hesitate to contact us at (800) 693-6063.   New LTC Rider Underwriting Guidelines   #goldencareagent #mutualofomaha
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Categories: Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).

New Underwriting Updates for LTC

We would like to inform you that we have updated our Long-term Care underwriting guidelines, effective immediately. These updates have been made to ensure that we continue to provide the best possible service to your clients while maintaining the highest standards of risk management. We understand these changes may require some adjustments in your current processes, and we are here to help. If you have any questions or concerns about the updated guidelines, please do not hesitate to contact us at (800) 693-6063.   New Underwriting Updates for LTC   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Long-Term Care insurance Offers Inflation Protection Options

Clients have concerns about inflation and how it is impacting their budget. We understand that it can be challenging to fit a long-term care insurance premium payment into an already tight budget. That’s why our MutualCare® Custom Solution policy’s offer a variety of inflation protection options —allowing the ability to tailor a plan of coverage to meet the needs and budget requirements of any client. Read the concept flyer to learn more.   Long-Term Care insurance Offers Inflation Protection Options   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC Sales Idea: Inflation Protection

Sales Idea Learn how benefits of a standalone LTCi policy can grow with inflation protection. The cost of long-term care services is likely to be higher years down the road when the insured needs care. An optional inflation protection rider allows policy benefits to increase to assist with potential rising costs. Here’s how it works: The current maximum monthly benefit and remaining policy limit increase annually by the percentage the insured selects The increase occurs on each policy anniversary date for the length of time the insured selects – either for the life of the policy or for a limited
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Strength Through Teamwork – Association Marketing

We’ve updated our Association Marketing materials. Our new flyers and brochures are a great way for you tell the story about our how long-term care products can benefit association members. Getting Started This brochure provides some of the key reasons and ways you can grow your business by working with associations, including which products you can offer.   The Guidelines This flyer lists association requirements and provides a step-by-step association approval process, from submitting a proposal to receiving approval.   For more details and additional materials, visit our dedicated Association Marketing page on Sales Professional Access.   Strength Through Teamwork
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).