Medicare News – Omaha Family of Companies

Medicare Supplement: Announcing Mutually Well Effective October 1, our Medicare supplement policyholders will have access to begin using this new program to tailor a fitness and wellness plan to meet their needs.   Upcoming Med Supp Rate Adjustments Please view the upcoming rate adjustments in ID, NV, OR, and PA.   One Company/One State – AL, MS, TN Our policy is to market only one underwriting company in a state, effective October 1, 2019 only applications underwritten by OIC for AL and UW for MS and TN will be accepted for new business and conversions.   Upcoming Med supp Rate
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Lumico Rate Adjustment (Oregon)

Lumico received approval for a rate adjustment in Oregon, effective October 1, 2019. Any application dated on or after September 1, 2019 requesting a policy effective date before October 1, 2019 will receive the current rates. Any application dated on or after September 1, 2019 requesting a policy effective date of October 1, 2019 or after will receive the new rates. Lumico Rate Adjustment State Plan A Plan F Plan G Plan N Oregon 8.0% 8.0% 5.0% 5.0%   Click here for a copy of the new rates.   Lumico — Insurance Made Clear.   #goldencareagent #lumico
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Clarification on Lumico’s Underwriting Process

Clarification on Lumico’s Underwriting Process It has been mentioned by several agents that during the underwriting process Milliman RX Rules has been making underwriting decisions, based on the drugs they show for an individual applying for Lumico’s medicare supplement plans. We believe this is happening because when a client is declined due to a particular drug or combination of drugs we suggest the applicant contact Milliman to see and confirm the drugs they have listed are actually correct. The results received from Milliman are then reviewed by Lumico for a underwriting decision. Milliman in no way makes these underwriting decisions
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

Medicare News – Omaha Family of Companies

Medicare Supplement: Upcoming Med Supp Rate Adjustments Please view the upcoming Med supp rate adjustments in AR, LA, and NV.   2019 High Deductbile G – NC and OR Effective August 23, 2019, Mutual of Omaha is pleased to announce the availability of a High Deductible Plan G for effective dates of January 1, 2020 or later in North Carolina and Oregon.   Medicare Advantage and Prescription Drug Plans: Brokerage Sales MA/PDP Plans 2020 Webinar Mark your calendars to join us for our eighth webinar – MA/PDP Plans 2020 – that is scheduled for Tuesday, August 27 at 10:30 a.m.
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Medicare News – Omaha Family of Companies

Medicare Supplement: Med Supp In-force Only Rate Adjustment Please view the upcoming In-force Only Rate Adjustment in West Virginia.   Med Supp Modernized September Rate Release Please view the upcoming rate release in DE, ME, NC, and VA.   MACRA is here Webinar Questions and Answers During each broadcast, you can ask questions through the Q&A board. Here are the questions we received during the August 6th webinar, MACRA is Here.   Medicare Advantage and Prescription Drug Plans: The Mutual of Omaha CareAdvantage Difference Mutual of Omaha CareAdvantage plans offer value based, coordinated care that puts your clients at the
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Lumico Rate Adjustment (Indiana)

Lumico received approval for a rate adjustment in Indiana, effective September 1, 2019. Any application dated on or after August 9, 2019 requesting a policy effective date before September 1, 2019 will receive the current rates. Any application dated on or after August 9, 2019 requesting a policy effective date of September 1, 2019 or after will receive the new rates. Lumico   Rate Adjustment State Plan A Plan F Plan G Plan N Indiana 4% 4% 4% 4%   Click here for a copy of the new rates.   Lumico — Insurance Made Clear.   #goldencareagent #lumico
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Categories: Industry News, Lumico, and Medicare Supp./Adv..

MACRA Changes

As carriers begin to release High Deductible G rates for MACRA, CSG Actuarial will be adding them to the MarketAdvisor quoting tool. Agents can select High Deductible G from the plan selection list, but must enter an effective date of 1-1-2020 to view results. CSG Actuarial is tracking each state’s progress on implementing MACRA-related changes. Click here to download our MACRA Tracking Grid. To learn more about MACRA, download the NAIC’s frequently asked questions here.   MACRA Changes   #goldencareagent #csgactuarial
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Categories: GoldenCare News, Industry News, and Medicare Supp./Adv..

New Carrier Added to CSG E-Application Platform

On July 1, CSG Actuarial added Heartland National Life Insurance Company to the Medicare Supplement E-Application Platform. Agents can submit applications in 10 states – DE, IA, MD, NC, ND, NM, OH, PA, SD and WV. Heartland offers Plans A, G, N in all 10 states with a subset of states offering Plans B and/or C. Heartland will be releasing additional states later this year. Heartland National Life is the third carrier to be added to the E-Application Platform. Aetna and Mutual of Omaha companies were added earlier this year. CSG Actuarial is excited about the expansion of our E-Application
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Categories: GoldenCare News, Industry News, and Medicare Supp./Adv..

Medicare News – Omaha Family of Companies

Medicare Supplement: Upcoming Med Supp Rate Adjustments Please view the upcoming rate adjustments in AL, IA, ND, NJ, NY, OK, and WY.   Med Supp One Company/One State – TX Effective September 1, 2019 only applications underwritten by Omaha Supplemental Insurance Company will be accepted for new business and conversions in TX.   Proper Identification of Underwriting Company When taking a client’s Med Supp application, clearly identify for them the correct underwriting company for the policy being purchased.   New Med Supp Benefit – Mutually Well A new benefit for our Med Supp policyholders is coming soon: a comprehensive fitness
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Medicare News – Omaha Family of Companies

Medicare Supplement: Med Supp Modernized Rate Adjustment Please view the upcoming Modernized Rate Adjustment in Virginia.   TX OSIC Communication Clarification Important Notice regarding Omaha Supplemental Insurance Company Texas and MACRA.   Medicare Advantage and Prescription Drug Plans: MA/PDP Product Training and Contracting After you have taken care of your contracting and AHIP training and certification, up next is product training for Medicare Advantage and Prescription Drug Plans.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).