Inforce Long-Term Care Insurance Rate Adjustments Effective August 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 August 1, 2022: Impacted Policy Forms Impacted States LTC04G Wisconsin LTC04I Illinois, Iowa, Wisconsin LTC04I7 Illinois, Iowa, Wisconsin LTC09M Illinois, Iowa, Wisconsin LTC06UI Colorado, Illinois, Iowa, Wisconsin LTC09U Illinois, Iowa, Wisconsin LT50, NH50, HCA, NHA & LTA Idaho, New Hampshire, Pennsylvania, Texas, Wisconsin HCAQ, NHAQ and LTAQ Pennsylvania, Texas, Wisconsin   For details on yearly rate adjustment percentages, view the supplemental
Read More

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

Another New Sales Idea for DIAM

SALES IDEA: Creating a Cross-sell with Life Insurance If a client is only planning for when they’re no longer here, they’re leaving themselves and their family unprepared for the present. Life insurance is a large piece of a client’s income protection strategy – but it’s not the only piece. If your client were to become sick or injured and was unable to work, it’s likely their life insurance policy would provide little to no help in securing their financial stability. A disability income protection policy can work alongside life insurance to provide financial protection clients can use today. Learn more
Read More

Categories: Disability Income Insurance, Industry News, and Mutual of Omaha (& Affiliates).

New Way to Connect to Okta to Update Your Authentication Methods

Mutual of Omaha has modernized the way producers and marketers securely access our network and applications by implementing a new platform called Okta. Once you have successfully created an account in Okta, you can set up or update multi-factor authentication methods (MFA) through your Sales Professional Access (SPA) account. We have made it easier to update or add additional MFA methods by adding a link directly to your Okta MFA settings, on your SPA Profile page (https://login.mutualofomaha.com/enduser/settings). Click here to see step-by-step screen shot instructions. If you have further questions, please contact the service desk at 800-847-9785.   New Way
Read More

Categories: Critical Illness, Dental, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Take Advantage of One of the Lowest IUL Charge Structures

Value isn’t always about the highest cash values, caps or distributions, it’s about actual real-world performance. Have you taken the time to compare the charge structure of the Income Advantage IUL to other carriers? If so, you’ll often find that the lower charge structure of our Income Advantage IUL makes it a better value than the illustrated performance of many IULs. Discover the many ways that Income Advantage IUL stands apart from the crowd.   If you have questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or sales.support@mutualofomaha.com   Take Advantage of One of the Lowest IUL
Read More

Categories: Industry News, Life Insurance, and Mutual of Omaha (& Affiliates).

Coming Soon to California: Mutual Income Solutions

Coming Soon to California: Mutual Income Solutions Agents selling in California will soon be able to help protect their clients’ income in ways they never could before with our new disability income insurance product – Mutual Income Solutions℠. Watch Video   The Need for Disability Income Insurance Clients rely on their incomes to meet their financial needs. A disability income insurance policy helps replace a portion of their incomes if they’re sick or injured and unable to work. It’s financial protection that helps them focus more on their recovery and less on how they’ll cover expenses. View the Consumer Brochure
Read More

Categories: Disability Income Insurance, Industry News, and Mutual of Omaha (& Affiliates).

Medicare Solutions – Omaha Family of Companies

Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states.   In Case You Missed It – April 2022 Webinar Learn more about Mutual of Omaha’s competitive standing with the latest episode of our monthly Educational Series.   Tips to Better Understand Underwriting Let us help you navigate the underwriting process, by providing some helpful tips to make underwriting a breeze.   Upcoming Rate Adjustments 2010 Modernized In-Force Only Rate Adjustment-WI, TN 2010 Modernized New and In-Force Rate Adjustment-WA, TN June 2022 Rate Release.   Dental: New Lower Dental Rates in North Carolina and Florida Effective June 1,
Read More

Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Get Your LTCi Business Placed Faster

From the Desk of Michael Sladek and Corri Campbell We’re a few weeks into our LTC Spring Sales contest, and the weather isn’t the only thing heating up! Continue placing your LTCi business in May and June for a chance to earn some great prizes. Here’s what you can do to get your business placed as quickly as possible: Use the e-App. It’s quicker, easier and you’ll be confident everything is in good order List your client’s cell phone number on the application to utilize our text message telephone interview scheduler Use the build chart in the LTC Underwriting Guide
Read More

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

The Cost-of-Care Study Results Are In

Can clients afford to self-fund a long-term care event? The Mutual of Omaha cost-of-care study is conducted annually in over 300 cities in all fifty states, and the results are in – cost of services continue to rise in every category. In fact, the national average for a private nursing home room is over $100,000 per year. To help you and your producers navigate the conversation about how clients intend to pay for their long-term care, we’ve updated and developed new cost-of-care tools: NEW Cost-of-Care Sales Ideas — Review the Cost-of-Care Overview and Home Health Care Sales Ideas to know
Read More

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

Great news! Our Med supp Illinois rates are among the lowest

Our Med Supp Rates Shine Brightly Carriers periodically adjust Medicare supplement rates, so we recently shined a light on our rates to see where we stand. You’ll find it abundantly clear that rates on two of our most popular plans, Plans G and N, radiate as among the best in Illinois. You better put on your sunglasses before you look at these glowing rates! Carrier Plan G Plan N Omaha Insurance Company $97.76 $69.77 Average of Top Carriers $112.41 $90.39   As of 5/1/22: female, age 67, non-tobacco, lowest zip code area and 12% household discount. See all of our
Read More

Categories: Industry News, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).

Memorial Day Office Closing 2022

Mutual of Omaha and its affiliates (United of Omaha and United World) will be closed on Monday, May 30th for Memorial Day. Below are the cut-off dates and times and the adjusted pay schedules. Holiday Pay Calculation Schedule Med Supp E-App & All Life Cutoff 3:00 PM Health Cutoff 3:00 PM Long Term Care Cutoff 3:00 PM Direct Deposit (EFT) Available Memorial Day, Monday 5/30/2022 Tuesday 5/31/2022 Tuesday 5/31/2022 Friday 5/27/2022 Friday 5/27/2022 Friday 6/3/2022   Weekly and holiday pay schedules are also available on the Sales Professional Access (SPA) website. If you have any questions, please contact your Sales
Read More

Categories: Accident Insurance, Critical Illness, Disability Income Insurance, Industry News, Life Insurance, Long-Term Care, Medicare Supp./Adv., and Mutual of Omaha (& Affiliates).