“State Regulators Post LTC Insurance Rate Review Draft”

State Regulators Post LTC Insurance Rate Review Draft,” by Allison Bell, ThinkAdvisor

Quote: “The Long-Term Care Insurance Task Force is asking for public comments on a proposal that could help states join together to provide faster, more consistent reviews of insurers requests for increases in long-term care insurance (LTCI) premiums. The task force — an arm of the National Association of Insurance Commissioners — has posted a draft of a Long-Term Care Insurance Multi-State Rate Review Framework.”

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

Seems like this has been a long time coming. Let’s hope it helps. Inconsistent state oversight is a bottleneck.