In late October, we will begin policyholder
notifications on the next round of John Hancock and Fortis policies
impacted by the 2010 in-force rate action, which will have an
effective date beginning with anniversaries on or after January 1,
2014.
We will continue implementation in Wisconsin and begin notifications
for additional John Hancock and Fortis LTCI individual policies
originally issued in that state. Read thearticlefor
more information – including specific implementation requirements for
Wisconsin.
John Hancock is pleased to announce that
Custom Care III and Custom Care III featuring Benefit Builder
Policyholder statements will be mailed based on policy anniversary
dates. Beginning in October, current statements of benefits will be
mailed weekly on an ongoing basis (inclusive of all policies with
Benefit Builder since inception). Read the full articlehere.
The Portfolio Rate of Return for Custom Care
III featuring Benefit Builder policies is now available. We have
created a flier that will be updated each quarter to announce the
return. Clickhereto
learn more.
LTC
Sales Insider: Using Benefit Builder to expand your market of
prospective clients
Custom Care III featuring Benefit Builder
offers you the opportunity to grow your business by offering
affordable premiums for long-term care insurance. If you haven’t done
so already, check out our Custom Care III featuring Benefit Builder
Brainshark, available in the Training Corner onLTC
Sales Insider.
John
Hancock to discontinue sales of its California Partnership Long-Term
Care insurance product effective September 16th
Please note:All
individual long-term care insurance applications for CA Partnership
policies must be signed by September 16, 2013 and received in the Home
Office by September 23, 2013. Any CA Partnership applications received
after September 23, 2013 will not be processed.
MARKETING NEWS
New
version of Hansel is available for download on September 16th
Please note: All users must download a new
version of Hansel (Release 16.1.1) on September 16, 2013, available on
www.jhltc.com.
Growing your business with Benefit Builder and the Sponsored Group
Discount Program: Latest 90 Days of Summer Sweepstakes flier now
available
With affordable premiums and the potential for
automatic benefit increases, Benefit Builder provides a viable
long-term care solution to every employee or member of your sponsored
group, from young professionals to near retirees. Clickhereto
learn more.
Updated financial strength flier now available
We have recently updated our John Hancock
financial strength flier(3436
JHUSA/JHLH), which emphasizes the importance of looking at the
company behind the coverage. It is available for order and/or
download, and be used in your marketing efforts with prospective
clients. Clickhereto
learn more.
During your point of sale, you may also
consider using our consumer- approved leadership brochure(ICC13-LTC-2158,LTC-1158),
which highlights John Hancock’s strength and commitment to the market.
The brochure is available to order and/or download.
Your Market Conduct Manual has been updated in
accordance with passage of the Omnibus Rule which implements a number
of provisions to strengthen the privacy and security protections for
health information under HIPAA. Please read thefull
articleregarding
additional information on background, action needed, producer’s
general responsibilities and a link to U.S. Department of Health &
Human Services (“HHS”) website regarding additional guidance and
sample agreements.
In January, the Department of Health and Human
Services (HHS) issued a Final Rule to modify certain elements of the
HIPAA Privacy and Security Rules, with a September 23, 2013 compliance
effective date.
Clickhereto
learn more about the material changes to the HIPAA Privacy Notice,
updated application booklets, and updated information about mailing
timing for policyholders.
