Navigating the Future

Financial security is another cornerstone of peace of mind provided by long-term care services. The high costs associated with extended care can potentially deplete your client’s saving and assets. Long-term care insurance acts as a safeguard preserving your clients’ hard-earned resources. Take a look at the rising costs of long-term care services flyer and ensure your client is ready for the future.   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083.   Navigating the Future   #goldencareagent #mutualofomaha
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Kicking The New Year Off With The Right Conversations

Long-term care insurance is a critically important product line for clients who like to plan ahead. Knowing who those individuals are is key information to help you in your search for new clientele. Here are some things to look for when prospecting new clients: Demographics: 45-65 years old, family-oriented, and members who are exposed to friend or family member who has needed LTC services. Triggers to buy: Planning for retirement, birth of a grandchild, or a love one needing care. How people educate themselves: Family & Friends, their employer, insurance brochures. Use this flyer as a quick reference tool to
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

2024 Long-Term Care Tax Guides

As we transition into 2024, we have updated our long-term care tax guides to reflect the most current tax data. In the individual tax advantages guide it discusses the per day limitations, along with the 2024 eligible premium guidelines your client can deduct. There may also be several tax advantages for business owners who purchase a long-term care policy depending on how your client structures their business. Be sure to check out Sales Professional Access for a complete list of all 2024 long-term care tax guides that are available.   If you have any questions, please contact Mutual of Omaha’s
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Long-Term Care Year-End Highlights

Look back at some of the updated content from 2023 and be prepared to have conversations that matter with your clients in 2024. The Having the right conversations flyer highlights some of the typical characteristics of a long-term care client, what triggers them to buy, and how they educate themselves about LTCi. Continue the conversation with inflation buy-up benefits, giving your clients the option to adjust their inflation protection anywhere from 1% – 5% based on their financial goals. Then remind your clients we’ll be here to pay their claims with the updated claims flyer spotlighting the benefits paid since
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

2024 Quoting Software

NOTE: This communication was sent to Mutual of Omaha agents not affiliated with GoldenCare or American Independent Marketing (AIM). Agents with their Mutual of Omaha LTC appointments through GoldenCare and/or AIM may continue using the MutualCare® Solutions Desktop Software to generate premium quotes.   As the new year rapidly approaches, make sure you are ready to quote long-term care. Effective January 1, 2024 MutualCare Solutions will no longer be available. If you’re currently using MutualCare Solutions for quoting our long-term care insurance products, we strongly recommend transitioning to WinFlex Web platform at your earliest convenience. WinFlex Web provides a free
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Long-Term Care Cash and Reimbursement Benefits

MutualCare® Solutions policies give your clients two options on receiving long-term care benefits – cash or reimbursement. Cash Benefit The cash benefit can be used for any services that supports the plan of care. Plus, there is no elimination period to meet before receiving the cash. Reimbursement Benefit After the elimination period is met, the reimbursement benefit allows your client to access covered long-term care services, reimbursed up to the selected amount each month. Best of all, your clients have the flexibility to switch between the cash or reimbursement benefit at any time. For more details on the MutualCare® Solutions
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

New Personal Worksheets

Effective August 31, 2023, new personal worksheets will be available for New York and North Dakota. Here’s what you need to know. Updates include: Rate Increase History Grid Two new questions (#2 & #6) Rewording of questions and additional answer options California will be implemented at a later date. Previous worksheets will no longer be accepted after September 30, 2023.   New Personal Worksheets   #goldencareagent #mutualofomaha #longtermcare
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

The Reality of Long-Term Care Services

We all know the need for long-term care services, but the reality is that costs are going up year after year. The national average cost for a private room in a nursing home is over $100,000 per year. Arm yourself with the tools needed to educate your clients on the rising costs and provide a solution with an LTCi policy.   The Reality of Long-Term Care Services   #goldencareagent #mutualofomaha #longtermcare
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

You Asked and We Listened – UW Guideline Changes at MOO

From the Desk of Amanda Blackburn We previously communicated updates to our Underwriting Guidelines. As a friendly reminder, we were pleased to announce the following changes to Medical Marijuana and Family History of Dementia: Family History of Dementia with one parent, sibling (biological parents or siblings) of any form of Dementia, including but not limited to Alzheimer’s (cognitive disorder, impaired reasoning, memory issues) will be eligible for select class with maximum pool of $300k and monthly benefit of $10k. (We no longer limit the monthly benefit to 5k) Medical Marijuana users will be eligible for coverage at select class if
Read More

Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).