Why Are So Few Companies Selling Long Term Care Insurance?
In his article, “Should I Buy Long Term Care Insurance”, Richard Eisenberg, Money Editor for PBS-owned NextAvenue.org wrote: “Insurance companies keep dropping out of this market….’a decade ago, there were more than one hundred insurance companies writing...Is the Federal Long Term Care Insurance Program (FLTCIP) a Lemon or a Lifesaver?
Two weeks ago I had a conversation with a federal employee who was very upset. He, along with other federal employees, just had an average premium increase of 83% on their group long term care insurance. A few minutes into our discussion he said he believed the entire...Long Term Care Insurance Claims Exceed $10 Billion
For the first time ever, long term care insurance claims exceed $10 BILLION in one calendar year! $ In 2014, long term care insurance claims were over $8.5 BILLION. 253,922 policyholders and their families were helped that year. $ In 2015, long...New Long Term Care Insurance Companies Bring Number of Active Sellers to 13
With more long term care insurance companies coming into the market, there are now 13 different long term care insurance companies actively selling new policies in most states. National Guardian Life, founded in 1910, the newest long term care insurance company,...Rate Increases? Check Your State
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