Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states. Why Do Medicare Clients Need Dental and Cancer Insurance? – April Webinar Discover why Medicare clients need Dental and cancer insurance and how to approach the subject. Why Your Clients Should Be Using Customer Access Help your clients access and manage their Mutual of Omaha account through our secure Customer Access portal. Upcoming Rate Adjustments View upcoming rate adjustments for various states. Heads Up – Have You Checked Your Balance? Learn and earn with Marketing Credits in 2024 and get reimbursed for your select
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Don’t Forget to use our LTC Cost of Care Calculator!
The LTC Cost of Care Calculator lists state-specific and projected inflation figures for the following: Home Health Care Cost Assisted Living Facility Cost Nursing Home (private and semi-private room) Equipped with this valuable information, you and your clients are informed on what types of benefits are necessary to meet each customer’s unique needs. Head to SPA and see how easy it is to use the cost of care calculator. Give it a try here! Don’t Forget to use our LTC Cost of Care Calculator! #goldencareagent #mutualofomaha
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Long-Term Care Insurance Product Updates
Long-Term Care Insurance Product Updates Effective June 3, 2024, the Maximum Monthly Benefit will increase from $10,000 to $15,000 on our MutualCare Solutions long-term care products! This will allow clients to access additional benefits if needed and provide a greater sense of security if a long-term care event occurs. Monthly benefit amounts range from $1,500 to $15,000 per month with this new increase*. The total Maximum Monthly Benefit, including long-term care coverage from other companies, will also increase to $15,000. With this change we will be removing the 60-month benefit multiplier on our Secure product. The $500,000 policy limit cap
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Results From the Annual Cost-of-Care Study
The Cost-of-Care Study Results Are In Every year, Mutual of Omaha conducts a cost-of-care study in all 50 states, and the results are in. The cost of services continues to rise and the average cost for a home health aide is over $70,000 a year. We’ve updated our cost-of-care tools to reflect the changes in price and to help you guide the conversation about how clients intend to pay for their long-term care. Resources for Long-Term Care Sales: Cost-of-Care Sales Ideas — Share the Cost-of-Care Overview and Home Health Care Sales Idea with agents to equip them for powerful conversations
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South Carolina Tobacco Rating Change and Customer Refunds
Tobacco rating changes have been made in the state of South Carolina. The State of South Carolina has provided us with additional clarification on how we should be using the Tobacco rating during Open Enrollment (OE) and Guaranteed Issue (GI) situations on the Mutual of Omaha block of business. Moving forward, we will no longer be using Tobacco rating during OE/GI situations. We have updated our materials and internal system with this change. Attached is the revised Underwriting Guidelines which include those changes. Customers that were charged using this rating will receive notification letters in the mail that will state
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Important Notice: Illumifin Has Updated Their Email Address Domain
Please note that Illumifin has changed its email address domain from ltcg.com to illumifin.com. All emails sent to illumifin employees using “@ltcg.com” will be forwarded to the illumifin.com domain until August 21st, 2024. On this date, the ltcg.com email domain will shut down permanently and emails will no longer be forwarded. The format of illumifin employee email addresses has also changed. There will no longer be a period in-between the first and last name within the email address. For example, any email that would originally be sent to firstname.lastname@ltcg.com should now be addressed to firstnamelastname@illumifin.com. Helpful Tip: A helpful feature
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Medicare Solutions – Omaha Family of Companies
Medicare Supplement: Earn More In 2024 – Broker Bonus Just by writing Mutual of Omaha Med supp business, you can earn some easy cash back into your pocket. Updated Supply Order Form Effective immediately, please use the newest Supply Order Form to order Senior Solutions prospecting materials. Mutual of Omaha is Innovating for You Mutual of Omaha is committed to providing innovative solutions for a better producer experience. Upcoming Rate Adjustments View upcoming rate adjustments for various states. 2024 Wisconsin Med Supp Buyer’s Guide is Available The 2024 Wisconsin Buyer’s Guide is available to download or
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Cash and Reimbursement Benefits
Learn How Traditional LTCi Gives Clients the Flexibility to Choose No one knows what type of care they may need. So when selecting a long-term care insurance policy, it’s best to have options that give people the flexibility to meet any situation. Mutual of Omaha’s long-term care insurance policies contain a built-in cash benefit that allows your clients to choose how they prefer to receive policy benefits. Learn more about our cash and reimbursement benefits here. If you have any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083 or e-mail sales.support@mutualofomaha.com. Cash and Reimbursement Benefits
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Care Coordination: A Built-In Benefit That Provides Real Value for Families
Arranging for long-term care services is no easy task. No matter when it happens, families often struggle to find appropriate care for their loved one. Mutual of Omaha’s LTCi policies contain a care coordination benefit that helps families manage their loved one’s long-term care needs. Check out the Care Coordination Sales Idea flyer to see how it works: Sales Idea: Care Coordination Remember, don’t overlook care coordination. Take the important step to educate your clients on how the policy works when they make a claim. Care Coordination: A Built-In Benefit That Provides Real Value for Families #goldencareagent #mutualofomaha
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Helpful Hint: Understanding the Limited Duration Inflation Options on Winflex Illustrations
Reminder: When using Winflex Web to quote our LTC products, please keep in mind as you review the illustration output that for any of our limited-duration inflation options, inflation is not applied until policy year 2. For example, if you choose a 20-year inflation protection duration, inflation would be applied every year during policy years 2-21 to hit the 20-year mark. It’s also important to note that Winflex’s illustration only shows in 5-year increments. Therefore the illustration would include year 25 as well to account for the inflation applied in policy year 21. If you have any questions regarding our
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