November 5, 2019 | Long-Term Care Newsletter
ARM's Home Office will be closed all day on  Monday, November 11  in observance of Veterans Day. We will re-open at  8:30 AM ET  on  Tuesday, November 12  and handle all outstanding inquiries at that time
2019 Annual Cost of Care Survey Results Now Available
Each year, Genworth has tracked the cost of care nationwide to help families and individuals understand the costs of long-term care. This analysis is viewed as one of the industry's most comprehensive cost evaluations. The 2019 findings are now available for download. Click the link below to see the results.

CLICK HERE to view Genworth's 2019 Annual Cost of Care Survey

Premium Rate Action

Effective October 28, 2019 , Genworth implemented rate action on in-force business in  Kentucky, North Carolina, Rhode Island, and Tennessee for the Pre-PCS™ product series. Click the links below for more information.

CLICK HERE for more info on rate action in Kentucky
CLICK HERE for more info on rate action in North Carolina
CLICK HERE for more info on rate action in Rhode Island
CLICK HERE for more info on rate action in Tennessee


Effective October 28, 2019 , Genworth implemented rate action on in-force business in  Montana for the PCS™, PCS II™ , and Choice I™ product series. Click the link below for more information.

CLIC K HERE for more info on rate action in Montana


Effective November 4, 2019 , Genworth implemented rate action on in-force business in  Louisiana for the Pre-PCS™, PCS I, PCS II™ , and Choice I™ product series with the stable premium option. Click the link below for more information.

CLICK HERE for more info on rate action in Louisiana


This November marks the 19 th anniversary of Long-Term Care Awareness month, presenting an opportune time to discuss why Long-Term Care insurance [LTCi] should be considered a vital part of one’s financial plan.

Long-Term Care Awareness month often encourages reflection about wellness, leading people to evaluate how they are prepared for the future the future – both physically and financially. Remember, LTCi not only provides benefits should one experience a long-term care need, but it can also protect the income and assets – 401[K]s, IRAs, pensions – that clients work so hard to build. Take advantage of the awareness raised throughout this month’s campaign to discuss the importance of proper long-term care planning with your clients. 
Great New Resource for Long-Term Care Awareness Month
The National Association of Insurance and Financial Advisors [NAIFA] has a great new resource to utilize during Long-Term Care Awareness month and beyond. The Limited & Extended Care Planning Center [LECP] assembles stakeholders from around the industry, including carriers and organizations much like our own. It provides an array of educational resources on topics ranging from Worksite LTCi to changes in healthcare, allowing you to stay current on all the trends from around the industry. Click the link below to check out the LECP and subscribe for free to their email updates.

CLICK HERE to visit the LECP
"The Modernization of Long-Term Care Underwriting"
Today’s insurers have more data than ever before, and more capable tools for analyzing that data to help them operate, and underwrite, more effectively. There are many directions the industry could head in the coming years, but one thing is for sure – underwriting is going to continue to improve. As such, the message that there’s no better time to buy than now is perhaps more important than ever. See our recent blog post below for a discussion of this topic.

CLICK HERE to view the post
Premium Rate Action
Effective  March 1, 2020 , John Hancock will implement rate action on in-force business in Indiana, Iowa, Maine, Minnesota, New Jersey, and Virginia . A policyholder notification package will be issued on  November, 25, 2019  with a listing of all impacted policyholders. Click the link below for more information.

Effective  March 1, 2020 , Fortis will implement rate action on in-force business in  Connecticut . A policyholder notification package will be issued on  November, 25, 2019  with a listing of all impacted policyholders. Click the link below for more information.

CLICK HERE   for more information on both John Hancock and Fortis implemented rate action




Advanced Resources Marketing
Pioneering Long-Term Care Insurance Strategies
313 Washington Street, Suite 225 Newton, MA 02458
800-269-2622 | info@armltc.com | www.armltc.com