July 16, 2019 | Long-Term Care Newsletter

Partnership Lower Inflation Protection Minimum Transamerica recently received approval of their rates for the 3% compound inflation protection option for Connecticut Partnership policies. Stay tuned for updates for when this option will be available. Other carriers offering Connecticut Partnership policies are considering adding the 3% compound option as well.

Partnership Reciprocity A total of 45 states, including Connecticut, have now implemented Partnership for Long-Term Care programs. All of the Partnership states, except for California, are members of the National Reciprocity Compact. Click the links below for more information on Partnership Reciprocity, and to view the Partnership Reciprocity map. CLICK HERE to view the Partnership Reciprocity FAQ CLICK HERE to view the Partnership Reciprocity Map

Reminders  ARM's Home Office will close at 3PM on Friday's between 7/12 and 8/30. CLICK HERE  for more info about Transamerica's new 3% compound BIO option for their TransCare II product. Visit TALTC.com to download/order updated Transcare II applications and disclosure packages, which must be used going forward as a result of the 3% compound BIO update. CLICK HERE for more info about Transcare II becoming Transamerica's exclusive product offering in CA, FL, DE, and HI. Producer Incentives CLICK HERE   for info about Transamerica's 2020 Agent Convention CLICK HERE for info about LifeSecure's LTCi Bonus Program CLICK HERE  for information about NGL's Producer Bonus Program LTC Global, Inc. recently completed the acquisition of American Marketing Services, Inc. (AIMS), expanding the network of agencies under the LTC Global family. “AIMS has a well-earned reputation for excellence and a tremendous history of production.”   - Daniel G. Schmedlen, Jr., Chief Executive Officer, LTC Global CLICK HERE for the official press release

Premium Rate Action Effective July 8, 2019 , Genworth implemented rate action on in-force business in Iowa . Click the link below for more information. CLICK HERE for more info on rate action in Iowa Effective July 15, 2019 , Genworth implemented rate action on in-force business in Alaska , Michigan , and Ohio . Click the links below for more information. CLICK HERE for more info on rate action in Alaska CLICK HERE for more info on rate action in Michigan CLICK HERE for more info on rate action in Ohio

ARMLTC.com ARM LinkedIn Cost of Care LTC.gov DRA Map

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

View as Webpage