Our Commitment to the LTCi Market

Long-Term Care Insurance Our Commitment Endures   Through two World Wars, the Great Depression and all the economic challenges since, we have kept the promises we’ve made to our customers, helping us build a company known for its trustworthiness and fortitude. We sold our first long-term care insurance policy in 1987. Since then, we’ve been committed to delivering long-term care solutions to our customers, and we continue to invest resources into growing and refining our LTCi business year over year. The following content was designed to help you promote MutualCare® Solutions to clients confidently, knowing that Mutual of Omaha will
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Next Steps in the LTC Application Process

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).

Find Ways to Help LTC Claims Go Smoothly

Agents can be extremely helpful during during the claims process. Here are some recommendations for ways you can help the entire process go smoothly for your clients: Make sure you are familiar with the benefits of the policy so you can remind your clients and their families how it works and what services may be covered. This includes: A general understanding of all policy benefits A specific understanding of hospice care and respite care benefits since these are particularly stressful situations where agents typically get involved Become familiar with the claims intake process so you can help clients initiate a
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

It’s a $100,000 Question

The social media post available here is compliance-approved and ready to use on Facebook and LinkedIn as long as it is not changed or altered in any way. Keep in mind it must be used exactly as described. STEP 1 — Copy and paste the approved text below into your status: Could you afford to pay $100,000 a year* for nursing home care? Most people can’t. Use Mutual of Omaha’s calculator to see the cost of services in your state. https://www.mutualofomaha.com/long-term-care-insurance/broker-calculator *Based on the national average of $109,231.20 per year for a private room in a nursing home. Source: Mutual
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Tom Randall’s Call to Action: Start the Long-Term Care conversation NOW!

From the Desk of Tom Randall Regardless of Which State They Live In…  the WA Cares Fund Program MATTERS to Your Clients! It’s Very Important You Understand the New Washington Cares Fund Program. Here’s why, and what you need to tell your clients and prospects! Effective 1/1/22, Washington workers will pay an EXTRA tax of $0.58 per every $100 of earnings… with NO Maximum Limit! If you make $100,000, you would owe an EXTRA $580 tax/year… Even at $50,000, that’s an EXTRA $290 tax/year Worked harder? If you’re at $500,000, that’s an EXTRA $2900/year! For that EXTRA $290 – $2900 tax/year,
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Tom Randall’s Call to Action: Start the Long-Term Care conversation NOW!

From the Desk of Tom Randall Regardless of Which State They Live In…  the WA Cares Fund Program MATTERS to Your Clients! It’s Very Important You Understand the New Washington Cares Fund Program. Here’s why, and what you need to tell your clients and prospects! Effective 1/1/22, Washington workers will pay an EXTRA tax of $0.58 per every $100 of earnings… with NO Maximum Limit! If you make $100,000, you would owe an EXTRA $580 tax/year… Even at $50,000, that’s an EXTRA $290 tax/year Worked harder? If you’re at $500,000, that’s an EXTRA $2900/year! For that EXTRA $290 – $2900 tax/year,
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Call to Action: Start the Long-Term Care conversation NOW!

From the Desk of Tom Randall Regardless of Which State They Live In…  the WA Cares Fund Program MATTERS to Your Clients! It’s Very Important You Understand the New Washington Cares Fund Program. Here’s why, and what you need to tell your clients and prospects! Effective 1/1/22, Washington workers will pay an EXTRA tax of $0.58 per every $100 of earnings… with NO Maximum Limit! If you make $100,000, you would owe an EXTRA $580 tax/year… Even at $50,000, that’s an EXTRA $290 tax/year Worked harder? If you’re at $500,000, that’s an EXTRA $2900/year! For that EXTRA $290 – $2900 tax/year,
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Categories: GoldenCare News, Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Long-Term Care Insurance Case Monitoring Update

Mutual of Omaha is pleased to announce the long-term care back-office data entry of applications has returned to normal processing times. Applications and all case status updates are now visible on Sales Professional Access (SPA), including application received date. Note: Due to the ongoing influx of business, telephone interview availability is limited. Currently, interviews are being schedule 2-3 weeks out from when requested by underwriting. We encourage you to check SPA to review your case status updates as our teams work diligently to process your LTCi cases as quickly as possible.   If you have any questions, please contact Mutual
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

Iowa Insurance Department Product Training Requirements

All insurance producers selling Annuities, Long-Term Care or Indexed products in the state of Iowa are required to complete an online continuing education course prior to solicitation of the following products: Product Line Course Requirement Indexed UL One time — 4-hour CE course Annuity One time — 4-hour CE course Long-Term Care One time — 8-hour CE course and thereafter, satisfying the states annual requirements   Approved training courses to fulfill these requirements can be found on www.sircon.com. Click on the link “Lookup Education Courses or Transcript” Select Approved Courses Then, select Iowa and click Submit After, you can select
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Categories: Industry News, Life Insurance, Long-Term Care, and Mutual of Omaha (& Affiliates).

Set Target Premium with MutualCare Solutions Software

When you are meeting with clients who have a desired premium in mind for long-term care coverage, we have a great tool to get you to that premium amount. Use the MutualCare Solutions software Set Target Premium feature. It allows you to enter the desired premium your clients want while building the benefits around the premium. When you open the software, look for this button. Begin by entering the client’s state, age, gender, premium mode, inflation protection and elimination period. Once you hit Set Target Premium, you will enter the client’s desired premium. The monthly benefit will adjust to the
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).