“Good News for Indemnity Based LTC Coverage,” by Shawn Britt, ThinkAdvisor
“Concerns that indemnity policies could be restricted from paying benefits that were previously available or potentially cause unexpected taxation of benefits due to the TCJA have not come to pass. Indemnity benefits remain the same flexible benefits that advisors have been accustomed to presenting to clients; and cash indemnity benefits will continue to offer that extra level of choice and flexibility that clients may find of value.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
I hear sighs of relief.