“Pennsylvania Puts LTCI Issuer in Rehabilitation,” by Allison Bell, ThinkAdvisor

 

Quote:
“Regulators in Pennsylvania have put a midsize long-term care insurance (LTCI) issuer, Senior Health Insurance Company of Pennsylvania (SHIP), in rehabilitation. … The SHIP rehabilitation could be somewhat smaller than the Penn Treaty rehabilitation process.”

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

Here we go again; Conseco this time.