“LTCI Policyholders May Get Broader Guaranty Association Protection,” by Allison Bell, ThinkAdvisor
“The National Association of Insurance Commissioners has put its full weight behind efforts to broaden the base of support for the policyholders of long-term care insurance (LTCI) issuers that fail. The NAIC last week approved amendments to the Life and Health Guaranty Association Model Act (Model Number 520) during a conference call meeting, officials said in an approval announcement.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
Spread the debt.