“State Regulators May Form LTCI ‘Rate Hike v. Reduced Benefits’ Panel,” by Allison Bell, ThinkAdvisor
“State insurance regulators may look harder at the options long-term care insurance (LTCI) issuers present when giving policyholders a choice between big premium increases or reduced benefits. The Long-Term Care Insurance Task Force is thinking about setting up an LTCI Reduced Benefit Options Subgroup.”
LTC Comment (from Stephen A. Moses, President, Center for Long-Term Care Reform):
The government is coming to help you.