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

LTC Application Placement

From the Desk of Amanda Blackburn Your Good Health Matters when it comes to qualifying for a Mutual of Omaha LTC policy. There are many factors that go into evaluating an application for long-term care insurance -your medical history, your current health, the medications you take, your daily activities. The more you know, the better equipped you’ll be to determine whether or not to submit your application for long-term care insurance. Check out the below flyer to learn more! Your Good Health Matters   Amanda Blackburn LTC Sales Director (800) 693-6083 Contact Me   #goldencareagent #mutualofomaha
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Help Clients Stay at Home With an LTCi Policy

Clear up the misconceptions by walking your clients through how an LTCi policy can ease their burden and keep them in their home longer. The policy they choose today should be flexible enough to meet their needs for tomorrow. The MutualCare® Solutions portfolio offers up to four ways to help keep clients in their own home for as long as possible. Read more on what’s offered to your client.   If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com.   Help Clients Stay at Home With an LTCi Policy   #goldencareagent
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

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).

LTC Sales Contest for May — Win Some Cool Cash

GREAT NEWS!!! This is a great opportunity for agents to have those important conversations to determine potential needs for LTC coverage. In addition to implementing critical LTC solutions for your clients, you could win a cash bonus as well! Applications must be submitted between May 1 — 31, 2023. Please review the contest flyer for complete rules and qualification information:   LTC Sales Contest for May — Win Some Cool Cash   #goldencareagent #mutualofomaha #mutualcare #mutualcaresolutions
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Overcoming Objections with LTCi

From the Desk of Amanda Blackburn Many of the people you talk with may have preconceived ideas about long-term care. Click on the brochure link below to read more about how to Overcome LTC Objections. This flyer talks about six ways you can set the record straight and engage your clients in a meaningful conversation. Overcoming Objections Flyer Don’t forget to check out our Sales Professional Access site for Sales Ideas on the following topics: Inflation Buy-Up Option Home Health Care Calendar Day Elimination Middle Market Clients Medicare vs Medicaid Misconceptions Starting the Conversation Cash and Reimbursement Happy Selling! Amanda
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Session Recap: Long-term Care Insurance for Asset Protection

On March 8 we hosted our second Advanced Markets training webinar of 2023. The Long-term Care Insurance for Asset Protection session focused on how both traditional LTC as well as life insurance with an LTC rider can help protect your client’s independence, assets, and family by planning for long-term care needs. For those of you who were unable to attend or would like to review the information, you can listen to and watch the recording. View the Long-term Care Insurance for Asset Protection Recording View the Long-term Care Insurance for Asset Protection PowerPoint Slides *NOTE: The recording and slides are
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

There Are Costs to Waiting to Purchase LTCi

Everyone is busier than ever, including your clients. And, while purchasing a long-term care policy often isn’t a top priority, they probably don’t realize that there are true costs associated with putting off that purchase until later. Waiting to purchase a long-term care insurance policy is too important to ignore—it can lead to paying higher premiums down the road. Or even worse, procrastinating could lead to the inability to even qualify for coverage. That makes this concept well suited for: People who are inclined to put off the decision to buy People who think long-term care insurance is too expensive
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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).