Mutual of Omaha will be implementing in-force LTCI rate adjustments effective Dec. 1, 2022, in the states of Alabama, Massachusetts, Montana, Pennsylvania, and Tennessee. The state of Virginia requires a 75-day notification period to all policyholders, and the effective date for the increase will be Jan. 1, 2023.
OneAmerica Bringing Improvements to OneSource Online Portal
OneAmerica has announced upcoming changes to its OneSource Online portal. Improvements to the user experience will begin Sept. 20, and multi-factor authentication (MFA) will be required starting Thursday, Oct. 6. OneAmerica recommends updating your password and account information before Oct. 6.
Mutual of Omaha Filing Rate Increases in Maine and Vermont
Mutual of Omaha has filed rate increases in the states of Maine and Vermont. Approval is pending, and policyholders were to be notified of the adjustment request in August via letter.
Rate Adjustments Coming for Hawaii, Michigan, Oregon, Pennsylvania, and Montana
Mutual of Omaha is implementing adjusted rates for new and in-force business for the 2010 Modernized Medicare supplement in Hawaii, Michigan, and Oregon—effective Oct. 1, 2022. A 1990 Standardized Rate Adjustment will be effective on Nov. 1, 2022, for Montana, and on Dec. 1, 2022, for Montana.
Enter Mutual of Omaha’s Summer Sizzle Incentive Program
There is still time to earn an Amazon.com Gift Card during the Summer Sizzle incentive. Simply issue the required number of Medicare supplement apps or dental apps during the contest period that ends Sept. 30, 2022. For full details, visit Mutual of Omaha’s website.
Mutual of Omaha 2023 PDP Enrollment Kits Available for Pre-Order
The 2023 Prescription Drug Plan enrollment kits can be pre-ordered starting Wednesday, Sept. 14, 2022. The pre-orders will be held and will not ship until Oct. 1, 2022. Contact Mutual of Omaha to order yours.
Lincoln Financial Implements Price Decreases for Life Insurance Offerings
Lincoln Financial Group is implementing pricing decreases for its MoneyGuard Fixed Advantage® and MoneyGuard II® life insurance product offerings. The change is effective starting Monday, Sept. 12, 2022.
Genworth Announces In-Force Rate Increases in Iowa and Virginia
Genworth Announces In-Force Rate Increases in Alaska, Hawaii, and Ohio
ELCO Mutual’s Financial Strength Rating Upgraded
AM Best, the industry’s most prominent insurance rating agency, has upgraded ELCO Mutual’s financial strength rating from B to B+. With this upgraded rating, ELCO continues its commitment as a strong partner for policyholders and agents.