Mutual of Omaha’s Wild Kingdom is Back

Mutual of Omaha’s Wild Kingdom is back in 2023 with a new series showcasing conservation success and inspiring the next generation of conservationists. The 10-episode Mutual of Omaha’s Wild Kingdom Protecting the Wild series premiers Monday, Jan. 2, at 1 p.m. EST with “Bear Cub Rescue,” which can be seen on RFD-TV and digital channels. The series will air every Friday night beginning January 6 on RFD-TV and each episode will go live on Sunday nights at 7pm on WildKingdom.com. Go to https://www.mutualofomaha.com/wild-kingdom/new-episodes for more information about the series!   Mutual of Omaha’s Wild Kingdom is Back   #goldencareagent #mutualofomaha
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Advanced Markets Minute – December 2022

LTC Self-Insurance or Self-Delusion? Welcome to the Advanced Markets Minute in both print and audio form. Today’s article is called “LTC Self-Insurance or Self-Delusion?” Listen Now   When it comes to planning for long-term care expenses some clients say they would rather self-insure, or in other words, pay the cost of care themselves. They probably don’t self-insure against auto accidents, home fires, or medical costs, but somehow self-insuring against the risk of needing long term care makes sense to them. Many who say that may not understand what the actual cost of long-term care will be and, in reality, cannot
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Inforce LTCi Rate Adjustments Effective March 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 March 1, 2023*: Impacted Policy Forms Impacted States LTC04G District of Columbia, Kansas, Montana LTC04I7 District of Columbia, Kansas, Montana, Virginia LTC04I District of Columbia, Kansas, Montana, Virginia LTC09M District of Columbia, Kansas, Montana, Virginia LTC09U District of Columbia, Kansas, Montana, Virginia LTC06UI District of Columbia, Kansas, Montana, Virginia LT50, NH50, HCA, NHA and LTA Ohio   * The state of
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

NGL EssentialLTC – Upcoming Holiday Hours

Upcoming Holiday Hours NGL’s administrative office will be closed during the following times: Friday, December 23 – Office closing at 1:00 p.m. PST Monday, December 26 – Office closed Monday, January 2 – Office closed We wish you and your family a happy and healthy holiday season.   For agent inquiries contact your dedicated NGL Agent Services Team at 888.505.2332 or status@ngl-essentialltc.com. For sales questions contact the NGL Long-Term Care Sales Team at LTC@nglic.com.     #goldencareagent #ngl
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Asset Care annuity withholding process update due to IRS guidelines

New withholding process for Asset Care annuities effective 12/10/2022 Jan. 1, 2023 in all states, IRS guidelines around taxable distributions from retirement plans and annuities will change, requiring a modification to our application process affecting our Asset Care Annuity Funding Whole Life option, as well as Asset-Care II/III (California). Starting 12/10/2022, this guideline change will necessitate collection of a new “Statement of Understanding – Withholding” form as well as IRS Form W-4P to indicate the policyholder’s future withholding preference prior to issue. Please view the video above to learn about this process change.   If you have any additional questions,
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

Thrivent End of Year LTCi Deadlines & Holiday Hours

End of year LTCi Deadlines 2022 Commission Date: Dec 14 All outstanding delivery requirements and premium must be received at Thrivent & posted to the policy by this date to be paid commissions in 2022. 2022 Production Date: Dec 28 All outstanding delivery requirements and premium must be received at Thrivent & posted to the policy by this date for business to be counted towards 2022 production.   Holiday Schedule Thrivent is closed on: 12/26 1/2/2023 LTCG is closed on: 12/26 1/2/2023     #goldencareagent #thrivent #ltc
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Categories: Industry News, Long-Term Care, and Thrivent.

CareForward now available on Stratecision comparison

CareForward is now on StrateCision For years, Stratecision has set the standard for LTCi comparison tools. You can now find Thrivent’s linked-benefit solution, CareForward, in Stratecision’s ComboCompare. With ComboCompare, you can: Get quotes for a single client or a couple, for the current Life/LTC hybrid plans Create single or comparative proposals, up to 6 on a page See how benefits compare for a fixed premium, or premium comparisons for a chosen benefit See Face Amount/Death Benefit for your choice of premium or monthly LTC benefit See annual and total premium, total and monthly benefit, and benefits at age 80 Show
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Categories: Industry News, Linked Benefit/Hybrids, and Thrivent.

2023 Partnership Minimum Benefit Requirements for CA, CT, IN and NY

Each year, the original Partnership states (CA, CT, IN and NY) revisit certain minimum benefit requirements to qualify for their Partnership programs. The requirements that are changing for 2023, as well as some (but not all) minimum Partnership requirements that not changing, are described below. Note: Updates to the minimum benefit requirements apply to newly-issued policies and may in some cases apply to benefit reductions on existing policies. California Partnership The minimum benefit requirements for Partnership in California are changing for 2023. Requirements 2022 2023 Minimum Daily Benefit $260 $280 Minimum Monthly Benefit $8,060 $8,680   Connecticut Partnership The minimum
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Categories: Genworth, Industry News, and Long-Term Care.

Announcing another price decrease on our Asset Care portfolio

It’s time for another timely price decrease on our Asset Care product portfolio JEFF LEVIN, VP, CARE SOLUTIONS DISTRIBUTION For the second time in 2022, OneAmerica® is announcing a price decrease on our Asset Care product portfolio across the country, effective Dec. 9, 2022. Our long-term perspective, disciplined approach and more than 30 years of experience in asset-based long-term care allow us to confidently improve the value to our stakeholders. Backed by our financial strength and commitment to this market, OneAmerica will simply be there when our customers need us most. Learn more about new business submission rules leading up
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Categories: Industry News, Linked Benefit/Hybrids, and OneAmerica.

CareForward Product Guide Update

CareForward Product Guide Update The product guide has been updated to include information on trust ownership of a CareForward policy (page 8). Download Guide     #goldencareagent #thrivent
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Categories: Industry News, Linked Benefit/Hybrids, and Thrivent.