“States try to beat back rate increases on long-term-care policies,” by Greg Lacurci, InvestmentNews
“States have taken steps to limit the drastic rate increases plaguing the long-term-care insurance market, leading some experts to suggest that these insurance policies are worth a second look for financial advisers and consumers. … Jesse Slome, executive director of the American Association for Long-Term Care Insurance, said that new policies priced today have ‘almost zero chance of having a rate increase,’ but added that that hasn’t done much to sway public opinion about the products.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Media tide beginning to turn positive toward LTCI.
States try to beat back rate increases on long-term-care policies
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