“Impact of Secure Act and Long-Term Care Insurance Provisions Discussed”

“Impact of Secure Act and Long-Term Care Insurance Provisions Discussed,” by Jesse Slome, PR.com

Quote:

“The SECURE Act 2.0 was signed into law on December 29, 2022. According to the American Association for Long-Term Care Insurance one provision contained within the new measure benefits those considering the purchase of LTC insurance. ‘Any legislative action designed to make long-term care insurance more attractive to consumers is welcome news,’ states Jesse Slome, AALTCI director. ‘However, the latest Act will likely result in nominal if any growth of policy sales.’”

 

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

Another baby step.