Long Term Care Insurance Companies
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MetLife axes long-term care insurance coverage
MetLife said Thursday that it plans to stop selling long-term care insurance at the end of December and won’t sign up new customers into group plans as of next year. READ MORE
MetLife Steps Back From Long-Term Care Market
The coverage has forced some insurers to pay significantly more in claims than they expected. Others have exited the business as well. MetLife Inc. said it will halt sales of long-term-care insurance, a type of coverage that repeatedly has flummoxed insurers and forced some to pay significantly more in claims than they expected. READ MORE
Small Businesses Are Unaware of Long-Term Care Tax Deductions
The majority of small and mid-sized business owners are not familiar with the tax deductible benefits available when offering long term care insurance plan to employees. According to one insurance company executive, tax-deductible long term care insurance remains the best-kept secret and employers are missing out on billions of dollars of potential tax savings. READ […]
