Trouble viewing? View as Webpage

MONDAY MORNING MEMO 6/1/2020| Issue 31

Have you heard about our exclusive IFC distribution Fixed Indexed Annuity with 7.25% Commission? It offers: Industry Leading Payout Highest Joint Lifetime Payout 5% Upfront Premium Bonus!  Click here for more information. Contact Jared Taggart to learn more.

The WealthChoice Fixed Indexed Annuity from United Life Insurance Company has the highest lifetime joint payouts when deferring income for three years. United Life doesn't penalize for joint vs. single payouts - this is ideal for your married client's. 5% premium bonus on their ten-year product Low .75% fee of the cash account value 7.25% commission for you! All from a company that has an A- (excellent) AM Best rating, is well-respected, and has 58 years of strong Midwest values and ethics. Join our information webinar today Monday | June 1 | 3:00 PM

Register Here

More Information

How Does 23% Street Commission Sound? Check out one off Minnesota's best priced Medicare Supplement Plans! Contact us today for more information

CARRIER UPDATES

OneAmerica - Care Solutions University Webinar Explore what awaits you during their Care Solutions University This four hour educational session is the perfect opportunity to invest in your personal growth and take your Asset-Based long-term care business to the next level. Tuesday | June 9 | 11:30 AM Register here

Allina Health|Aetna Attached is a benefit liberalizations chart that summarizes their updated policy changes and effective dates. They are closely monitoring the progress of the pandemic, federal and state policies, and the associated impact on their members, customers and providers. Read more here.

UnitedHealthcare Employer groups that join UHC by September 30 will get the second month free. New employer groups with 51-99 (enrolled) employees can join UHC and get 12 months for the price of 11. Contact us to take advantage of their customer-friendly plans designed to provide affordability and easy access to care.

Blue Cross and Blue Shield of Minnesota increases access to care for Medicare Advantage members Blue Cross and Blue Shield of Minnesota (Blue Cross) is reducing barriers to care for Medicare Advantage members by waiving member cost-sharing for in-network primary care, mental health and substance use office visits for the duration of the public health emergency in 2020. Additionally, Medicare Advantage members will have expanded access to in-home wellness care and home test kits for some preventive screenings. Read more here .

Blue Cross and Blue Shield of Minnesota is making changes to the group networks There will be network changes for both small and large groups effective January 1, 2021. Read more here. See the 2021 statewide large and small group networks by care system here.

Due to the COVID-19 crisis, life insurers were starting to or were expected to withdraw products or increase premiums for term, death benefit focused and NLG products. Several insurers have done so including Prudential, Lincoln, Pacific Life, Symetra, Nationwide, Banner and others. In keeping with this trend, AIG Partners Group has announced increases in their QoL Guarantee Plus GUL II rates, effective May 30th. Premiums will see an average increase of 15% as a result of recent declines in interest rates and increased market volatility. Read more here .

WE NEED YOUR INPUT

We typically host our annual Agent Appreciation Even in August of each year. This year the format may need to change. Will you help us by completing a short survey? All responses are completely anonymous (unless you want to provide your contact information). If you want to provide additional input, you can do so within the survey or by contacting us . Thank you for your trust in us. Start the survey

NEWS FOR YOU

On May 20, 2020 the IRS released the following 2021 limits for High Deductible Health Plans (HDHPS) and Health Savings Accounts (HSAs) 2021 HSA contribution limits: Self-only: $3,600 Family: $7,200 2021 HDHP Minimum Deductible: Self-only: $1,400 Family: $2,800 2021 HDHP Maximum Out-of-pocket Expenses: Self-only $7,000 Family: $14,000  These rates will be effective for the 2021 calendar year starting January 1, 2021. Read the entire IRS notice here .

CONCIERGE SERVICES Are you looking for ways to grow your business without adding to your workload or fixed overhead? Learn more about our concierge services in this short video. Contact us to learn how we can help you!

WEBINAR SCHEDULE Our webinar schedule is now located on our website. Read full descriptions and register for our upcoming sessions here. Did you miss a webinar or want to hear the message again? All of our webinars are recorded and can be watched on demand from our website.

CONNECT WITH US Have you connected with us on social media? IFC is on Facebook, Twitter, LinkedIn, and YouTube. Follow us by clicking the icons below and be sure you're up-to-date with the latest news, information and all things IFC. ‌ ‌ ‌ ‌

ANNUITY RATES This week's annuity rates are here.

ifcnationalmarketing.com 800-598-5560 info@ifcnationalmarketing.com