Legacy LTC Inforce Rate Increase Effective February 1, 2024 (HI)

We will be implementing the following inforce rate adjustments effective February 1, 2024 impacting the state of Hawaii.

Policy Forms Impacted: LT50, NH50, HCA, NHA, LTA.

2024 2025 2026
Benefit Period:
Non-Lifetime 3.00% 0.00% 0.00%
Lifetime 20.00% 20.00% 17.36%

Policyholder Notification Process
Policyholders will receive a letter notifying them at least 60* days prior to the premium rate increase effective date as outlined above.

Along with the premium rate increase notification letters, most policyholders will receive an adjustment offer if there are options available. The offer will provide the policyholder a benefit reduction alternative to help reduce the impact of the premium increase.

Tools Available
Additional resources are available on Sales Professional Access, including:

  • A list of impacted policyholders on the Reports page will be available
  • Historical rate adjustment information by policy form on the Rate Adjustment page

For a complete list of affected policy forms as well as additional key information, including quoting best practices, please review the FAQ.

Long-term care insurance is a core product for Mutual of Omaha, and we intend to remain a key player in this market for years to come.

For any questions, please contact Mutual of Omaha’s Sales Support at (800) 693-6083.

LTC Inforce Rate Increase