Monthly modal premium factor lowered in Arizona and District of Columbia

Effective November 20, 2020, the modal premium factor utilized to determine the monthly premium amount for EssentialLTC is being lowered in Arizona and the District of Columbia. The change will be from a current factor of .095 to a new factor of .0875.

With this implementation, the monthly modal factor will now be .0875 in all states where EssentialLTC is available. The EssentialLTC State Variation document will be revised on November 20, 2020 to reflect this change.
 

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