If a reduction in these outrageous premiums is not legislated, policyholders will be forced to drop these policies,” said one ...

Prices are soaring due to miscalculations by insurers on how long people would live, the price of care and how many would ...

Genworth Financial, which sells coverage in CT, has a business plan that relies heavily on getting what it wants from insurance regulators.

You could opt to reduce your coverage in exchange for a slightly lower premium. For example, you might accept a shorter benefit period, reduced daily benefit amounts or other limitations. While this ...

While no one can guarantee you won’t face a substantial rate increase due to a market adjustment, it’s very unlikely,” says Slome of the long-term care association. "LTC insurance doesn’t ...

Studying the long-term care rate review issue for nine years is plenty long enough, said Fred Andersen of the Minnesota Department of Commerce. It is time for regulators to act, he added Monday ...

Many people turn to long-term care insurance in an attempt to protect ... and these new premiums have often involved exorbitant rate increases, driving the expense of maintaining the policy ...

If you anticipate a more extended stint, investigate long-term care insurance now. The great advantage of an HECM is flexibility. HECMs are available in both fixed-rate versions and adjustable ...