“Non-covered losses and steep rate increases: New report issues bleak outlook for provider insurance,” by Kimberly Marselas, McKnight’s LTC News

Quote:  “The best positioned long-term and senior care providers can expect to see liability insurance rates climb by as much as 30% this year, while those with previous losses and poor venues will face even stiffer hikes, according to a marketplace update from Willis Towers Watson. The international brokerage firm’s spring survey of insurers found rates and plan structures continue to be impacted by both the pandemic and an exodus by many insurers away from the long-term care marketplace.”

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

Pandemic-induced market mayhem afflicts the other LTC insurance, i.e. liability coverage, too.