Long Term Care Insurance Companies
Tag Archives for premium increases
The pros and cons of long-term-care insurance
Since Medicare does not pay for long term care and Medicaid is only available to those with low income and few assets, long term care insurance provides valuable coverage that helps protect your family and your assets from the potentially devastating cost of long term care. Never the less, you need to keep in mind […]
What’s Killing the Long-Term Care Insurance Industry
At a time when the need for long term care protection is an all time high, seniors are not buying long term care insurance and insurance carriers are dropping their long term care coverage. All there are several factors that play into this perfect financial storm, the primary reason for this dilemma is two-fold. First […]
Long-Term-Care Rate Hikes Loom
Policyholders were stunned when insurer John Hancock announced in September that it would ask state regulators for permission to boost premiums on many of its long-term-care policies by an average of 40%. Learn why long term care insurance is still the best way to protect yourself despite proposed premium increases. READ MORE
When a Safety Net Is Yanked Away
MetLife will no longer be offering long term care insurance. John Hancock and Genworth have filed for permission to raise their long term care insurance premiums by an average of 40%. There are many problems for long term care insurers that are causing them to exit the business or raise their LTC premiums. Historically low […]
