Your Phone is Going to Ring When the need for long-term care services arises, the producer often is the first person contacted. That’s why it’s important for you to understand your role in the LTCi claims process so you can help manage your clients’ expectations. If you become aware of a potential claim, notify the claims department as soon as possible. And be prepared to provide the following information: Insured’s name Phone number Mailing address Email address Policy number Insured’s representative/power of attorney Type of claim (i.e., home health care, assisted living, nursing home) Want to learn what happens next?
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Medicare Solutions – Omaha Family of Companies
Medicare Supplement: Upcoming Rate Adjustments View upcoming rate adjustments for various states. New Look to the Explanation of Benefits Our Explanation of Benefits has been redesigned to make reading and understanding it easier. Med Supp Changes Impact Idaho, Nevada and Illinois Learn about new state regulations and plan changes. Dental: Save Your Clients Money on Dental Mutual of Omaha offers multi-policy savings when our dental policy is sold with our Medicare supplement policies. Prescription Drug Plans: The One Company Advantage Be prepared to talk with your Medicare clients about prescription drug coverage. #goldencareagent #mutualofomaha
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Inforce Long-Term Care Insurance Rate Adjustments Effective April 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 April 1, 2022: Impacted Policy Forms Impacted States LTC04I Alaska, North Dakota LTC04G North Dakota LTC04I7 North Dakota LTC09M Alaska, North Dakota LTC06UI Alaska, North Dakota LTC09U Alaska, North Dakota LT50, NH50, HCA, NHA & LTA Kentucky, South Dakota and Wyoming For details on yearly rate adjustment percentages, view the supplemental grid here. Policyholder Notification Process Policyholders will receive a
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Using the Mutual Income Solutions Quote and e-App Tools
The quote and e-App tools for Mutual Income Solutions make it easy to get business issued. Provide your client an accurate rate quote. Submit the e-App. Check for a notification that your client’s coverage has been issued. It’s that simple. And fast! Here’s Why You’ll Love the e-App It’s easy to use, which makes it easy to communicate the application process to your clients Saves time and ensures accuracy (all of the forms you need are included) Quick policy issue — usually in days When policies are issued fast, you also get paid fast Offers signature collection options, a big
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Filling the Gaps with Cancer Insurance & Heart Attack/Stroke Insurance
According to a recent study, the average couple retiring at 65 will need about $300,000 to cover health care and medical costs in retirement in retirement. Help your clients eying retirement prepare for these costs with coverage from Mutual of Omaha. Mutual of Omaha’s Cancer Insurance and Heart Attack & Stroke Insurance can help your clients fill the coverage gap they may experience in retirement. Learn how to position Cancer Insurance and Heart Attack & Stroke Insurance to clients 65 and older in this Sales Idea flyer. If you have any questions, please contact your Mutual of Omaha’s Sales
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Mutual of Omaha Advanced Markets – 2022 Tax Guide
It’s that time of year again! A new year means a new tax guide from Mutual of Omaha Advanced Markets! The advisor 2022 tax guide will help you plan for your clients throughout the year. A separate client-approved version is available for use with the public, but this one can be a valuable reference tool for you. Keep in mind that the taxes we will all file this Spring are for 2021 and therefore will use the 2021 tax figures. The 2022 updated pieces will help with future planning starting right now. Call us in Advanced Markets if we can
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Mutual Income Solutions Placement Rating – Will Your Client Be Approved?
Sometimes it’s hard to know whether or not your client will be approved for Disability Income Insurance during your initial conversation with them. However, there are some things that should know to better qualify the applicant. For example, did you know that one of the most common reasons your client may be automatically declined is because of their build? Before filling out an official application, read through our new flyer to help increase your placement rate. Mutual Income Solutions Placement Rating – Will Your Client Be Approved? #goldencareagent #mutualofomaha #disability
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Long-Term Care Time Service Update
Mutual of Omaha would like to thank you for your Long-Term Care business and the trust you put in us. We are aware that our Long-Term Care application service levels are not where you expect them to be. With our commitment to providing you the quality of service you have come to expect, we are hiring and training additional case managers to help with the workload to ensure your business is handled properly and as quickly as possible. In addition, due to the recent Omicron COVID-19 variant, our Long-Term Care vendor partners are experiencing delays in time service. Significant staffing
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NEW: Consumer-Approved Newspaper Ad
Are you trying to grow your LTCi book of business with an association, local community or HOA? Use this brand new consumer-facing ad to help get your name in front of prospects.* The ad is available in 1/4 (4.25″ x 5.5″) page and 1/2 (8.5″ x 5.5″) page layouts. Contact our Sales Support team at sales.support@mutualofomaha.com or 1-800-693-6083 to receive the digital files. * Print and/or media fees are not the responsibility of Mutual of Omaha. NEW: Consumer-Approved Newspaper Ad #goldencareagent #mutualofomaha
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Get the Most For Clients with a Long-Term Care Rider
United of Omaha’s LTC Rider follows what is known as a reimbursement rider model, other life insurance companies have LTC riders that use an indemnity model. Knowing the difference is important. With our reimbursement rider, the client can take up to the full monthly benefit as long as they have qualifying expenses. We don’t restrict based on HIPAA limits. Your clients will have to prove expenses to get reimbursed, but because there is no HIPAA limit, they may be able to take more benefit from our rider than from a company with a 1x HIPAA limit. Read more about the
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