Washington Cares Fund – Update

GoldenCare has received many questions related to the Washington Cares Fund, and want to help position you for success. We’ve gathered key details here, ranging from the informative consumer website, LTCi carrier news and updates, to news articles and related stories. WA Cares Fund consumer website http://www.wacaresfund.wa.gov/private-insurance/   Long-Term Care Insurance Case Monitoring Update June 24, 2021 Mutual of Omaha has experienced a large influx of long-term care application submissions over the past several weeks due to the WA Cares Fund. This increase in submissions has caused a slight delay in entering LTC applications into our back-office systems and subsequently
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Categories: Industry News, Long-Term Care, and Mutual of Omaha (& Affiliates).

EssentialLTC in VitalLTC

EssentialLTC in VitalLTC Communicated around the end of April, additional time was required to test the VitalLTC updates to ensure accurate pricing and benefits were reflected. We’re pleased to announce that the enhanced version of EssentialLTC is now available for use in VitalLTC’s programs.   For agent inquiries, contact your dedicated Agent Services Team at 888.505.2332 or status@ngl-essentialltc.com. For sales questions contact the Long-Term Care Sales Team at LTC@nglic.com.     #goldencareagent #ngl #longtermcare
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Categories: Industry News, Long-Term Care, and National Guardian Life.

New and Updated Consumer Materials

New and Updated Consumer Materials We are excited to announce that we have new and updated materials for use with consumers. These materials are designed to make explaining the benefits of National Guardian Life Insurance Company’s (NGL) EssentialLTC to your clients easier Beginning Friday, May 28, these materials will be available under the consumer section of the Sales and Marketing tab on the Agent Resource Center (ARC) or by clicking the links in the descriptions below to download. These materials are not approved for use in AZ, CA, CT, DE, DC, FL, HI, IN, NJ, ND, SD. You will be
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC Washington State Trust Act Update

Washington State Cares Fund Update The state of Washington recently passed the Washington Cares Fund with the intention of creating a limited benefit for long term care services. W2 employees will be directly impacted through a new payroll tax that takes effect on January 1, 2022. The state has allowed for an opt-out provision for employees who can attest to having an LTCi policy in force prior to November 1, 2021. As a result, National Guardian Life Insurance Company (NGL) is beginning to see an influx of Washington LTC new business applications containing minimum benefit limits to avoid the payroll
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC – Age Matrix Update

Update to the Age Matrix On May 21, 2021, the Age Matrix Report will be updated to display the modal premiums based on the mode chosen (Annual, Semi-Annual, Quarterly, or Monthly.) This change is a great way to discuss voluntary offerings with potential Employer Groups. To run the Age Matrix, select the plan design you want on the illustration user interface, then simply check the “Age Matrix” box on the report selection screen. This will produce a one page report with premium for all ages displayed.   Underwriting Guide updated on the ARC We’ve added more detail to the Premier
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Secure Messages from the LTC Administrative Office

Secure Messages from the LTC Administrative Office As you receive secure messages from the LTC Administrative Office, you will notice that messages you sent on the Symantec platform do not automatically save in your sent folder. If you would like to be able to save copies of messages sent on the Symantec secure email platform, you can click on “Settings” icon at the top of your screen. Then check the box that says “Save a copy of all outgoing messages in my “sent” messages folder.” Please keep in mind that if you check this box, the amount of available space
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Categories: Industry News, Long-Term Care, and National Guardian Life.

Updated Massachusetts Medicare Documents

Updated Massachusetts Medicare Documents The commonwealth (state) of Massachusetts has revised the Massachusetts Medicare documents that must be left with applicants prior to completing the application. Effective May 14, 2021, the following changes are being implemented for Massachusetts Application documents. New Replaces A Massachusetts Consumer’s Guide to Medicare (2021) Massachusetts Bulletin for People with Medicare Guide to Choosing a Medigap Policy (2021) Guide to Health Insurance for People with Medicare (2020)   The updated documents will be available on the EssentialLTC Agent Resource Center under the Massachusetts application documents on May 14, 2021. This can be accessed by selecting the
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL – EssentialLTC Update

Annual Statements In the coming weeks, we will begin generating yearly statements on the anniversary date of inforce policies. The statement will provide the insured with policy information, coverage information, two privacy statements and a briefing on NGL’s financial strength. If you are the agent of record on a policy when the statement is generated, then you will receive a copy for your records.   EssentialLTC Product Introduction Guide Looking for an overview of the features and benefits that EssentialLTC can provide your clients? The EssentialLTC Product Introduction Guide provides all of this in one place. It gives a breakdown
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL solidifies its commitment to Long Term Care insurance and gaining additional market share

With it’s recent upgrade to A (Excellent) from AM Best, National Guardian Life Insurance Company (NGL) is looking toward the future and solidifying its commitment to the Long Term Care insurance (LTCi) industry with its EssentialLTC long term care product. NGL believes that its diverse product mix, and history of financial strength and stability make it a go-to-choice for LTCi that customers can personalize within their budget. “As we look to the future, NGL is committed to further its expansion of our distribution into the long term care marketplace. NGL’s upgraded A (Excellent) rating from AM Best means we can
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Categories: Industry News, Long-Term Care, and National Guardian Life.

NGL EssentialLTC StrateCision Update

EssentialLTC Update EssentialLTC in StrateCision The enhanced version of EssentialLTC has been approved for use in StrateCision’s programs.   VitalLTC updates coming soon We are still testing the VitalLTC updates. You will be notified when the updates are complete.   1035 Exchange Flyer Don’t forget that you can fund EssentialLTC by a tax-free 1035 Exchange. Click here to download the 1035 Exchange Flyer. It gives you valuable background information on 1035 Exchanges, reasons for doing them and it shows how NGL’s EssentialLTC can be funded with a 1035 Exchange. You can also reference the Agent Guide for a full breakdown
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Categories: Industry News, Long-Term Care, and National Guardian Life.