Washington Long-Term Care Rider Available February 1, 2022

We are pleased to announce that effective February 1, 2022, Mutual of Omaha will once again accept Income Advantage and Life Protection Advantage IUL applications that include the Long-Term Care Rider in the state of Washington. Important information to know: Applications, illustrations and quoting software will be available beginning February 1, 2022. Thank you for your continued business, partnership and commitment to Mutual of Omaha. If you have any questions, please contact your Sales Director or Account Executive. Washington Long-Term Care Rider Available February 1, 2022 #goldencareagent #mutualofomaha #iul
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Categories: Industry News, Life Insurance, Mutual of Omaha (& Affiliates), and State LTC Programs.

Navigating TLE 30T ROP

Mutual of Omaha has an exciting announcement for you. Effective February 1, 2022, the TLE 30T Return of Premium (ROP) product will have Critical Illness and Chronic Illness Riders available in addition to the Terminal Illness Rider. This allows your clients even more options on their policy. In addition to these no-cost benefits, we will be repricing TLE 30T ROP while keeping it one of the most competitive ROP products in the industry. Here’s what you need to know: New Riders Chronic and Critical Illness Riders will be added to TLE 30T ROP. Rate Adjustments TLE 30T ROP rates will
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Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Managing Expectations When Clients Go on Claim

Your Phone is Going to Ring When the need for long-term care services arises, the producer often is the first person contacted. That’s why it’s important for you to understand your role in the LTCi claims process so you can help manage your clients’ expectations. If you become aware of a potential claim, notify the claims department as soon as possible. And be prepared to provide the following information: Insured’s name Phone number Mailing address Email address Policy number Insured’s representative/power of attorney Type of claim (i.e., home health care, assisted living, nursing home) Want to learn what happens next?
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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.   New Look to the Explanation of Benefits Our Explanation of Benefits has been redesigned to make reading and understanding it easier.   Med Supp Changes Impact Idaho, Nevada and Illinois Learn about new state regulations and plan changes.   Dental: Save Your Clients Money on Dental Mutual of Omaha offers multi-policy savings when our dental policy is sold with our Medicare supplement policies.   Prescription Drug Plans: The One Company Advantage Be prepared to talk with your Medicare clients about prescription drug coverage.   #goldencareagent #mutualofomaha
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Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Good News | LTCi Claims Paid In 2021 Grew By $700 M Over 2020

  Claims Paid 2021 By Long-Term Care Insurers Grew By $700 Million The nation’s long-term care insurers paid out $12.3 Billion in claims during 2021. That represents a significant increase over prior years according to the American Association for Long-Term Care Insurance (AALTCI). “Take note if you doubt the value of long-term care insurance protection or question whether insurers are paying claimants,” reports Jesse Slome, AALTCI’s director. “The amount of claim benefits paid to policyholders grew by approximately $700 million compared to the 2020 payout.”   Claims Paid 2021 By Long-Term Care Insurers Grew By $700 Million   #goldencareagent
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Mutual of Omaha’s “Wild Kingdom” Float Wins Director Award in Tournament of Roses Parade

Mutual of Omaha’s “Wild Kingdom” Float Wins Director Award in Tournament of Roses Parade OMAHA, Neb. (Jan. 4, 2022) — As a first time Rose Parade float participant, Mutual of Omaha experienced many wonderful moments in the 133rd annual parade in Pasadena, California, on Jan. 1. Perhaps the most exciting was the float being awarded the parade’s Director Award. The Director Award recognizes the most outstanding artistic design and use of floral and non-floral materials. Each year the parade selects three judges who are tasked with selecting award winners. The 55-foot Mutual of Omaha’s Wild Kingdom/RFD-TV float featured the king
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Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

GoldenCare Newsletter | January 24, 2022

Read Full GoldenCare Newsletter, January 24, 2022 Edition In this GoldenCare Newsletter Edition From GoldenCare:   GTL’s Critical Cash Thurs, Jan 27, 2022 10:00 AM  to  10:30 AM CST Diversify your portfolio for greater sales success! Join us for product and sales live and prerecorded training.  Stay up-to-date on the latest products and sales strategies.   We’re making it easier than ever to get a hold of us and have your favorite tools available at your fingertips! Click here to DOWNLOAD our electronic business card, and enter to win a $100 Amazon.com Gift Card!   Our Guest Articles in this
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Categories: GoldenCare News, Guarantee Trust Life, Industry News, Long-Term Care, Medicare Supp./Adv., Mutual of Omaha (& Affiliates), and National Guardian Life.

Inforce Long-Term Care Insurance Rate Adjustments Effective April 1, 2022

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 April 1, 2022: Impacted Policy Forms Impacted States LTC04I Alaska, North Dakota LTC04G North Dakota LTC04I7 North Dakota LTC09M Alaska, North Dakota LTC06UI Alaska, North Dakota LTC09U Alaska, North Dakota LT50, NH50, HCA, NHA & LTA Kentucky, South Dakota and Wyoming   For details on yearly rate adjustment percentages, view the supplemental grid here. Policyholder Notification Process Policyholders will receive a
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Using the Mutual Income Solutions Quote and e-App Tools

The quote and e-App tools for Mutual Income Solutions make it easy to get business issued. Provide your client an accurate rate quote. Submit the e-App. Check for a notification that your client’s coverage has been issued. It’s that simple. And fast! Here’s Why You’ll Love the e-App It’s easy to use, which makes it easy to communicate the application process to your clients Saves time and ensures accuracy (all of the forms you need are included) Quick policy issue — usually in days When policies are issued fast, you also get paid fast Offers signature collection options, a big
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Categories: Disability Income Insurance, Industry News, and Mutual of Omaha (& Affiliates).

Filling the Gaps with Cancer Insurance & Heart Attack/Stroke Insurance

According to a recent study, the average couple retiring at 65 will need about $300,000 to cover health care and medical costs in retirement in retirement. Help your clients eying retirement prepare for these costs with coverage from Mutual of Omaha. Mutual of Omaha’s Cancer Insurance and Heart Attack & Stroke Insurance can help your clients fill the coverage gap they may experience in retirement. Learn how to position Cancer Insurance and Heart Attack & Stroke Insurance to clients 65 and older in this Sales Idea flyer.   If you have any questions, please contact your Mutual of Omaha’s Sales
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Categories: Critical Illness, Industry News, and Mutual of Omaha (& Affiliates).