“Genworth, the biggest seller of long-term care insurance policies in the US, has announced it will be acquired by a Chinese investor, China Oceanwide Holdings. I spoke with Genworth CEO Tom McInerney about the deal, the future of long-term care insurance, and the role of government in covering true catastrophic risk. Here is an edited version of our conversation.”

LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Read this uncommonly candid interview with the Genworth CEO ironically conducted by one of the leading advocates for public policies that would destroy the private LTC insurance business.  Thankfully, policy change of a different kind is finally on the way.
(Note that you’ll need to click through to all four pages to get the entire article.)  

Genworth’s CEO On The Future Of Long-Term Care Insurance, Public Coverage, And Going Private

#goldencareagent