As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Maryland has now allowed the following increases: Maryland Product Series Increase Percentage Privileged Choice 19.9% cumulative phased: 9.5%, 9.5% Classic Select 19.9% cumulative phased: 9.5%, 9.5%     This rate increase applies to both AARP® and Non-AARP policies. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder notifications. Policyholder notifications will begin
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As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Tennessee has now allowed the following increases: Tennessee Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 58.76% phased 26%, 26% cumulative 81.58% phased 22%, 22%, 22% cumulative PCS II 44% phased 20%, 20% cumulative 72.8% phased 20%, 20%, 20% cumulative This rate increase applies to non-AARP, non-partnership policies only Communications Timeline Servicing agents will
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As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Nebraska has now allowed the following increases: Nebraska Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 40% 72.95% phased 50%, 15.3% cumulative PCS II 34% 66.2% phased 50%, 10.8% cumulative Choice 1 106.1% phased 50%, 37.4% cumulative 164.6% phased 50%, 50%, 17.6% cumulative This rate increase applies to non-AARP, non-partnership policies only Communications Timeline
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As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Kentucky has now allowed the following increases: Kentucky Product Series Increase Percentage for Policies with Limited Benefit Periods Increase Percentage for Policies with Lifetime Benefit Periods PCS I 30% 41.4% phased 30%, 8.8% cumulative This rate increase applies to non-AARP, non-partnership policies only. Communications Timeline Servicing agents will receive a list of their impacted policyholders in this state one week prior to the start of policyholder
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As part of the strategy for our long-term care insurance business, we continue pursuing initiatives to improve the risk and profitability profile of our business, including premium increases on our in-force policies, as needed. Florida has now allowed the following: Florida Product Series Increase Percentage for Policies with Limited & Lifetime Benefit Periods for Issue Ages: Pre-PCS For individual policies only: Age 71: 69.4% phased  (19.2%, 19.2%, 19.2% cumulative) Age 72: 61.4% phased  (17.3%, 17.3%, 17.3% cumulative) Age 73: 54.1% phased  (15.5%, 15.5%, 15.5% cumulative) Age 74: 46.2% phased  (13.5%, 13.5%, 13.5% cumulative) Age 75: 38.6% phased  (11.5%, 11.5%, 11.5%
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