Recording: Long-Term Care Awareness Month National Webinar

Thank you to those who took time out of your busy schedules to attend the Long-Term Care National Webinar on 11/7/23. During the webinar we discussed the importance of having long term care planning conversations with clients, why Mutual of Omaha can be a great carrier partner for you and reviewed marketing materials designed to help you through every step of the sales process. If you didn’t get a chance to attend or want to review the recording it can be accessed by following the LTC National Webinar link. As we stay future focused with Long-Term Care Awareness Month, we
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Legacy LTC Inforce Rate Increase Effective February 1, 2024 (HI)

We will be implementing the following inforce rate adjustments effective February 1, 2024 impacting the state of Hawaii. Policy Forms Impacted: LT50, NH50, HCA, NHA, LTA. 2024 2025 2026 Benefit Period: Non-Lifetime 3.00% 0.00% 0.00% Lifetime 20.00% 20.00% 17.36%   Policyholder Notification Process Policyholders will receive a letter notifying them at least 60* days prior to the premium rate increase effective date as outlined above. Along with the premium rate increase notification letters, most policyholders will receive an adjustment offer if there are options available. The offer will provide the policyholder a benefit reduction alternative to help reduce the impact
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Will Your Clients Need Long-Term Care Insurance?

Will your clients need long-term care insurance? The reality is that most will eventually need some form of long-term care. With the cost of care continuously going up, now is the time to take advantage of a policy to ensure your client is covered and ease the stress on their family. One of the most common concerns for clients is: What if I pay my premium without ever actually being able to use the benefits? With our MutualCare Solutions portfolio, we have multiple return of premium options available to help address the concern. See our Return of Premium sales flyer
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Starting The Conversation about Long-Term Care Insurance

Effective communication is essential for success in various aspects of life. Having the right conversations at the right time with your clients about the benefits of long-term care insurance ensuring your messaging is clear, understood, and well-received can go a long way. Let’s take a look at a video designed to help you start those conversations today.   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com.   Starting The Conversation about Long-Term Care Insurance   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Having Conversations That Matter

Long-Term Care Insurance serves as a valuable resource that your clients can utilize to offer maximum comfort and support to their loved ones during challenging situations. Having the right conversation about Long-Term Care Insurance can make the difference your clients need to plan their future. Take a look at some of the characteristics, and triggers of long-term care buyers in the new flyer.   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com.   Having Conversations That Matter   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC Awareness Month – The value of Caregiver Resources

Caregiver Resources from Homethrive Last year, Thrivent introduced a valuable new membership benefit: Caregiver Resources from Homethrive. Caregiver Resources include online tools including articles, videos, blogs and checklists on topics related to aging and caregiving. Users can:       • Chat live with an expert.       • Get personalized recommendations.       • Have relevant content emailed to them. And while other services focus on helping clients find the best care facility, Homethrive focuses on supporting caregivers to help aging adults live safely and successfully in their homes as long as they can. Behind Homethrive is
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Categories: Industry News, Long-Term Care, and Thrivent.

2024 Long-Term Care Insurance Tax Deductible Limits

Tax-qualified LTCi premiums are considered a medical expense. For an individual who itemizes tax deductions, medical expenses are deductible to the extent that they exceed current amount required to meet the individual’s Adjusted Gross Income (AGI). The amount of the LTCi premium treated as a medical expense is limited to the eligible LTCi premiums, as defined by Internal Revenue Code 213(d), based on the age of the insured individual. That portion of the LTCi premium that exceeds the eligible LTCi premium is not included as a medical expense. Individual taxpayers can treat premiums paid for tax-qualified long-term care insurance for
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Categories: GoldenCare News, Industry News, and Long-Term Care.

Long-Term Care – Care Coordination

Today’s Reality — When individuals require assistance with their daily tasks, families frequently find themselves in a situation that demands quick action, with numerous choices to evaluate and immediate judgments to render. The Solution — Mutual of Omaha’s long-term care insurance policies feature a care coordination benefit designed to assist families in handling the long-term care requirements of their loved ones. When a claim is initiated, a care coordinator is assigned to the family as their primary point of contact. This coordinator collaborates closely with the family to organize services and the care needs are properly addressed. Let’s take a
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

LTC Awareness Month: What You Do Matters!

  The Importance of Long-Term Care Insurance: What You Do Matters November is Long-Term Care Awareness Month, and an excellent opportunity to reach out to clients about the importance of planning. Mutual of Omaha offers multiple solutions to help clients plan ahead. We offer traditional long-term care insurance as well as a life insurance product with a long-term care rider. When it comes to long-term care insurance, we want clients to know we are providing solutions to assist them throughout their care journey. We take pride in delivering on our promises when our policyholders and families need it most. The
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

It’s Long-Term Care Awareness Month – 2 new resources available!

New consumer video and flyer We’re pleased to introduce a new consumer-use video and companion flyer that speak to a big Thrivent differentiator – the social impact of our fraternal giving. We’ve found that many clients feel good about having coverage from a company that does good in its communities. Play Video   How Thrivent supports communities A downloadable flyer that helps describe how Thrivent drives impact through our clients and into our communities. This flyer lists up-to-date stats of the impact Thrivent clients have created. Form #31456 Download flyer         #goldencareagent #thrivent #ltc
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Categories: Industry News, Long-Term Care, and Thrivent.