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Tips for Utilizing Case Monitoring for Long-Term Care

by Contributor | Dec 5, 2024 | Industry News, Long-Term Care, Mutual of Omaha (& Affiliates)

For LTC policies, Case Monitoring is a great tool that can be utilized for receiving regular case status updates from your LTC case manager. Case Monitoring contains all general status information and includes details such as applicant demographics, policy numbers,...

Off-Label Medication Use in LTC Underwriting

by Contributor | Oct 21, 2024 | Industry News, Long-Term Care, Mutual of Omaha (& Affiliates)

Medication approved by the US FDA (Federal Drug Administration) to treat a specific medical condition but prescribed by your doctor to treat a different condition, is off-label use. This practice is legal and common, and it does impact underwriting. While there are...

How Are GI Disorders Handled in LTC Underwriting?

by Contributor | Oct 21, 2024 | Industry News, Long-Term Care, Mutual of Omaha (& Affiliates)

Understanding how gastrointestinal (GI) disorders are managed in long-term care underwriting is crucial for agents and clients alike. The specific GI disorder, its treatment, and the stability of the condition will determine whether coverage can be offered and the...

Common Mistakes in Long-Term Care Insurance Applications

by Contributor | Oct 7, 2024 | Industry News, Long-Term Care, Mutual of Omaha (& Affiliates)

Submitting a Long-Term Care (LTC) application can be tricky, and mistakes often lead to delays or denials. Here’s a quick guide to common errors and tips for a smooth submission. Common Mistakes to Avoid Incomplete Information: Ensure all required fields, like name,...

Tax Advantages for Public Safety Retirees Listed in LTC Agent Tax Guide

by Contributor | Oct 7, 2024 | Industry News, Long-Term Care, Mutual of Omaha (& Affiliates)

The Long-Term Care Agent Tax Guide now reflects tax advantages for public safety retirees. This information is located on page 5 of the guide. For public safety retirees, distributions from governmental plans for long-term care insurance can be excluded from gross...
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