“States approving bigger rate increases for long-term care policies,” by Greg Iacurci, InvestmentNews

“While insurance companies have increased premiums with regularity over the past several years — often leaving policyholders to choose between paying the higher bill, lapsing their policies or receiving reduced benefits — it appears insurers have recently been getting approval for much larger rate increases than in the past.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):

Good news. Now if the government “social insurance” programs were preparing to meet their unfunded liabilities, we could cheer that too. But don’t hold your breath.