Top Ten Long-Term Care Considerations

Learn more about the top ten long-term care health conditions and how Mutual of Omaha underwrites them with care and responsible underwriting. This quick guide will help you understand how we review these common health conditions. Download the Top Ten Long-Term Care Considerations guide now!   If you need additional assistance, contact our LTC underwriting pre-screen team at ltcunderwriting@mutualofomaha.com or by phone at 800-551-2059.   Top Ten Long-Term Care Considerations   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Inforce LTCi Rate Adjustments Effective June 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 June 1, 2024. Impacted Forms Impacted States LTC04I Vermont LTC0417 Vermont LTC09M Vermont LTC06UI Vermont LTC09U Vermont LT50, NH50, HCA, HCAQ, LTA, LTAQ, NHA and NHAQ South Carolina   For details on yearly rate adjustment percentages, view the supplemental grid here.   Policyholder Notification Process Policyholders will receive a letter notifying them at least 60* days prior to the premium rate
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

New Long-Term Care Insurance Application in New York

The New York MutualCare® Solutions application has been updated to reflect changes in the outline of coverage disclosure issued by the New York Department of Financial Services. This is to comply with Chapter 655 of the Laws of 2023. As of March 18, 2024, the new application is available via e-application and paper on Forms and Materials within Sales Professional Access.   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com.   New Long-Term Care Insurance Application in New York   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

AM Best Affirms Mutual of Omaha’s Financial Rating

AM Best Affirms Mutual of Omaha’s Financial Rating AM Best performed their annual rating committee review on Mutual of Omaha and affirmed our financial strength rating of A+ (Superior) with a stable ratings outlook. The ratings reflect Mutual of Omaha’s balance sheet strength, which A.M. Best categorizes as very strong, as well as our strong operating performance, favorable business profile and appropriate enterprise risk management. Mutual of Omaha’s favorable business profile is anchored by its diversification of products and our multiple distribution channels leading to our capitalization level being very strong and considered favorable relative to our peers. For more
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Categories: Accident Insurance, Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Mutual of Omaha Celebrating 115 Years

March 05, 2024 Today marks Mutual of Omaha’s 115th anniversary. On this day in 1909, Dr. C.C. Criss acquired the charter of Mutual Benefit Health and Accident Association, along with his wife, Mabel, and his brother, Neil. The Criss family had a vision to offer affordable, simplified insurance policies that helped protect policyholders from financial loss. They reached new customers who had previously been underserved by the insurance industry. And they backed their policies with superior customer service. Those same founding ideals remain hallmarks of our noble purpose today. The Criss family’s legacy has been carried on by tens of
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Categories: Accident Insurance, Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

New Episodes Available on Mutual of Omaha’s Wild Kingdom: Protecting the Wild

Sixty years after its original debut, Mutual of Omaha’s Wild Kingdom has been one of the most loved and respected wildlife programs in television history. During the Saturday “The More You Know” programming block, on NBC, you can find the next generation of wildlife enthusiasts that highlight species under threat of extinction in our modern world. “Mutual of Omaha’s Wild Kingdom: Protecting the Wild” showcases episodes that feature the work of caring and compassionate conservationists including scientists, wildlife experts and even members of the public; in a format that is easy to understand and can be enjoyed by the whole
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Categories: Industry News and Mutual of Omaha (& Affiliates).

Your Clients Want to Stay at Home to Receive Care

Did you know that someone turning age 65 today has almost a 70% chance of needing some type of long-term care services in their future? Most people prefer to have their care in their own home rather than a facility. Mutual of Omaha’s Long Term Care product offers up to four different ways to help keep clients in their home for as long as possible. Help Your Clients Stay at Home Sales Idea.   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com.   Your Clients Want to Stay at Home
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

The Next Steps After Submitting the Application

Preparation is the key to a successful health interview. You just completed a long-term care application. Before ending the conversation, make sure your clients know what happens next. Preparing clients for the underwriting process can go a long way toward ensuring their applications get issued. Why? An interviewer may mistakenly assume confused applicants have cognitive issues that make them uninsurable. When in reality, an applicant may simply be distracted or not fully prepared to answer questions about their health, their doctors and their medications. Mutual of Omaha has a handy leave-behind brochure you can use to walk your clients through
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Available Premium Payment Options Refresh yourself on Mutual of Omaha’s payment and processing guidelines.   Upcoming Rate Adjustments View upcoming rate adjustments for various states.   Personalized URLs for Med Supp and Dental are now available You can now obtain a Personalized URL (PURL) to offer your clients access to a dedicated Med Supp or Dental Insurance e-Application.   Dental: Dental Pretreatment Estimates A couple of reminders when requesting a pretreatment estimate.   Prescription Drug Plans: Mutual of Omaha Rx Exits PDP Market Mutual of Omaha Rx
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

LTCi Impacts People’s Lives

Mutual of Omaha’s long-term care MutualCare Solutions portfolio includes a cash benefit with no elimination period. This story highlights one way this benefit can help your clients during the claims process.   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com.   LTCi Impacts People’s Lives   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).