Long Term Care Insurance Companies
Monthly Archives: March 2012
Long term care insurance policy costs rising
A combination of historically low interest rates and higher than predicted claims costs have caused many insurance companies to raise premiums on long term care insurance by as much as 40%. MetLife, Prudential, and other long term care insurance companies have exited the market to avoid assuming additional risk. While many seniors understand the risk […]
Tips For Buying Long Term Care Insurance Amid Rising Rates
An analysis of the top ten long term care insurance companies show that the average cost of long term care insurance jumped from 6% to 17% compared to last year. READ MORE: Tips for Buying Long-Term Care Insurance Amid Rising Rates
Cost of Long-Term Care Insurance Keeps Rising
With a perfect storm of historically low interest rates, long term care insurance companies have raised rates an average of 17% over the last year to keep their LTC plans financially viable. READ MORE
Cost Of Long Term Care Insurance Keeps Rising
Long term care insurance rates continue to rise because of low interest rates and low yields on fixed income investments. Despite the significant risk of long term care, only eight million people have some kind of long term care coverage. READ MORE: Cost of Long-Term Care Insurance Keeps Rising
Dark Days For Ltc
The good news is people are living longer than ever before. The bad news is health care costs are rising. As a result, many insurance companies are leaving the long term care because long term care insurance is becoming too expensive to offer. READ MORE: Dark days for LTC
