“GE’s Long-Term-Care Insurance Liability Is a Non-Issue in 2020,” by Al Root, Barron’s
“General Electric CEO Larry Culp made an important insurance disclosure at an investor conference Wednesday. It’s good news for the company. The reserve shortfall for the company’s legacy long- term-care insurance book of business is far smaller than expected.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Good GE-LTCI news for a change.