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May 19, 2022 • LTCI Partners

Mutual of Omaha Announces In-Force Rate Actions in CO, IA, ID, IL, NH, PA, TX & WI

Mutual of Omaha actively monitors our inforce long-term care business, filing rate adjustments when necessary to ensure we keep our promises to policyholders and remain competitive in the marketplace. 

We will be implementing the following inforce rate adjustments effective August 1, 2022:

Impacted Policy Forms

Impacted States




Illinois, Iowa, Wisconsin


Illinois, Iowa, Wisconsin


Illinois, Iowa, Wisconsin


Colorado, Illinois, Iowa, Wisconsin


Illinois, Iowa, Wisconsin

LT50, NH50, HCA, NHA and LTA   

Idaho, New Hampshire, Pennsylvania, Texas, Wisconsin 


Pennsylvania, Texas, Wisconsin

For details on yearly rate adjustment percentages, view the supplemental grid here.

Policyholder Notification Process

Policyholders will receive a letter notifying them at least 60 days prior to the premium rate increase effective date as outlined above.

Along with the premium rate increase notification letters, most policyholders will receive an adjustment offer if there are options available. The offer will provide the policyholder a benefit reduction alternative to help reduce the impact of the premium increase.

Tools Available

Additional resources are available on Sales Professional Access, including:

·        A list of impacted policyholders on the Reports page will be available on or before Friday, 5/20

·        Historical rate adjustment information by policy form on the Rate Adjustment page

For a complete list of affected policy forms as well as additional key information, including quoting best practices, please review the FAQ.

Long-term care insurance is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come. 


Written by LTCI Partners