Mutual of Omaha has filed for rate increases in the state of South Carolina. Although approval is pending, South Carolina requires carriers to notify policyholders of the rate adjustment request via letter. Within the notification letter, the insured was informed of the following: The average proposed rate adjustment The advanced notification requirements (60, 75, or 90 days) The rate increase notification expectations Bureau of Insurance contact information We are continuing to work with the states on the actual rate increase filings and will communicate approved amounts as well as implementation dates when that information is available. If you have
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Medicaid vs. Long-Term Care Insurance
Help your clients understand the differences of between Medicare and Medicaid vs. Long-Term Care Insurance. Medicare and Medicaid are programs that help to improve/correct specific medical or health problems, however, where they fall short is they don’t help with day-to-day activities of daily living. This is where having the right long-term care policy in place can benefit your clients. Long-term care insurance has several key factors to help your clients stay ahead and plan for the future by: Protecting a lifestyle Offering comprehensive coverage Having flexible benefits Tax advantages Let’s take a closer look at the options provided to your
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Inforce LTCi Rate Adjustments Effective January 1, 2024
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 January 1, 2024: Georgia & Alabama Policy Forms Impacted 2024 Non-Lifetime Benefit Period Increase 2024 Lifetime Benefit Period Increase LT50 13.1% 15.0% NH50 13.1% 15.0% HCA 13.1% 15.0% LTA 13.1% 15.0% NHA 13.1% 15.0% Indiana Policy Forms Impacted 2024 Non-Lifetime Benefit Period Increase 2024 Lifetime Benefit Period Increase LT50 10.0% 22.0% NH50 10.0% 22.0% HCA 10.0% 22.0% LTA 10.0% 22.0%
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Commitment to Traditional Long-Term Care Insurance
Although non-conventional funding choices might be suitable for certain individuals, we maintain that a conventional Long-Term Care Insurance policy continues to be the optimal solution for numerous clients. Let’s take a look at some of the distinguishing features that set our products apart from the competition. If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com. Commitment to Traditional Long-Term Care Insurance #goldencareagent #mutualofomaha
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Things to Know Before Completing the Application
Evaluating an application for long-term care insurance involves considering various factors, such as your client’s medical history, current health, medications, and daily activities. When completing the application with your client, make sure you understand their current health, if they have an upcoming medical appointment or procedure or if they have ever been diagnosed with a chronic condition. Use this flyer to help you and your client understand some of the things our underwriting team will evaluate on your application submission that might affect your client’s eligibility.. If you have any questions, please contact Mutual of Omaha’s Sales Support at
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LTC Rate Adjustments on SPA
Good news! We have enhanced the long-term care rate adjustment page on Sales Professional Access (SPA). These enhancements improve the user experience on the SPA page giving you quicker and easier access to the state rate adjustments. Take a look at the new feature enhancement to learn more. If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com. LTC Rate Adjustments on SPA #goldencareagent #mutualofomaha
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Watch Mutual of Omaha’s Wild Kingdom Protecting the Wild on NBC
Since its network television debut in 1963, Mutual of Omaha’s Wild Kingdom has been one of the most loved and respected wildlife programs in television history. Mutual of Omaha’s Wild Kingdom Protecting the Wild will celebrate conservation success stories, including the great work of experts and how they are making a positive impact on the Wild Kingdom. Starting, October 7, 2023, Mutual of Omaha’s Wild Kingdom Protecting the Wild will air on Saturday mornings on NBC, during “The More You Know” programming block. To learn more about Mutual of Omaha’s Wild Kingdom Protecting the Wild, click here. Watch Mutual
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Updated LTC Product Guide
The Long-Term Care Product Guide has been updated and is now available for ordering and viewing on Sales Professional Access. Here is a quick reference piece outlining the list of changes that have been made to help you source the information quicker. If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com. Updated LTC Product Guide #goldencareagent #mutualofomaha
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Mutual of Omaha’s Wild Kingdom Premieres On NBC
Since its network television debut in 1963, Mutual of Omaha’s Wild Kingdom has been one of the most loved and respected wildlife programs in television history. Mutual of Omaha’s Wild Kingdom Protecting the Wild will celebrate conservation success stories, including the great work of experts and how they are making a positive impact on the Wild Kingdom. Starting, October 7, 2023, Mutual of Omaha’s Wild Kingdom Protecting the Wild will air on Saturday mornings on NBC, during “The More You Know” programming block. To learn more about Mutual of Omaha’s Wild Kingdom Protecting the Wild, click here. Mutual of
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John & Susan’s LTCi Care Coordination Story
The most effective way to grasp the advantages of long-term care insurance for your clients is by hearing from the policyholders. John suffered a stroke, and his wife was worried about how she would care for him, run errands etc once he returned home. Check out how using the Care Coordination benefit on Mutual of Omaha’s LTCi policy helped Susan with the care John needed. If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com. John & Susan’s LTCi Care Coordination Story #goldencareagent #mutualofomaha
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