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Rates : Long Term Care Insurance Network

Insurers shrink policies for long-term care; rates rise

By administrator | Mar 28, 2015

Insurers shrink policies for long-term care; rates riseNews from The Detroit News: MATTHEW CRAFT, Associated Press 12:30 a.m. EDT March 28, 2015 Greta Mason, left, and Susan Dent talk at a New York state elder care home. Costs of such accommodations are rising.(Photo: Miklos Gratzer / AP) CONNECT continues on The Detroit News … Read [...]

11 Tips on Long-Term Care as Rates Rise

By administrator | Feb 1, 2015

11 Tips on Long-Term Care as Rates RiseNews from Financial-Planning.com: by Ann Marsh JAN 28, 20153:40pm ET Print Email Reprints … Read the full article . Related News: . Protect against surprise costs later in life with long-term care insurance now …News from Insurance News Net: Reduce the emotional and financial strain of caring for [...]

State calls for some changes to rules governing long-term care insurance rates

By administrator | May 3, 2014

State calls for some changes to rules governing long-term care insurance ratesNews from Roanoke Times: In response to precipitous rate increases, the State Corporation Commission is calling for changes that tinker with — but do not overhaul — the rules that govern long-term care insurance in Virginia. The SCC, the regulator of insurance companies that [...]

Long-term care insurance rates bill clears House

By administrator | Apr 28, 2014

Long-term care insurance rates bill clears HouseNews from Sacramento Bee: HARTFORD, Conn. – A bill that attempts to buffer the effect of rising long-term care insurance policy rate increases is heading to Connecticut Gov. Dannel P. Malloy’s desk. The House of Representatives on Monday voted 142-0 in favor of legislation requiring insurance carriers to spread [...]

Long-term care insurance rates rising in Oregon

By administrator | Apr 21, 2014

Long-term care insurance rates rising in OregonNews from Sacramento Bee: SALEM, Ore. – About 30,000 Oregonians who insure themselves against the expense of long-term care will see their premium rates rise by an average of 26 percent as the state works to balance requests from insurance companies seeking even higher increases. The Insurance Division has [...]

Oregon long-term care insurance rates skyrocket, part of a national trend

By administrator | Apr 9, 2014

Oregon long-term care insurance rates skyrocket, part of a national trendNews from The Oregonian: Carriers’ rates for long-term care insurance in Oregon have shot up an average of 26 percent in recent months, suggesting people might want to consider their options, officials say. The Oregon Insurance Division has released a compilation of recent state decisions [...]

CalPERS plans to hike long-term care rates by 85 percent

By administrator | Oct 10, 2012

CalPERS plans to hike long-term care rates by 85 percentNews from Sacramento Bee: CalPERS is preparing to impose a rate hike of up to 85 percent on its long-term care insurance policies, which pay for stays in nursing and convalescent homes. The rate hike would be phased in over two years, starting in 2015, according [...]

Long term care insurance rates are on the rise

By administrator | Aug 12, 2012

Long term care insurance rates are on the riseNews from Live Insurance News: Prices are increasing for new policies in both individual and group plans. Experts in the coverage industry are now saying that the price of a long term care insurance policy is currently on the way up. The risk is that it may [...]

Asheville area seniors see long-term health care rates skyrocket

By administrator | May 13, 2012

Asheville area seniors see long-term health care rates skyrocketNews from Asheville Citizen-Times: WOODFIN — Sticker shock usually hits instantly. But for Woodfin residents Brenda and Allan Abrams, who bought long-term health care insurance so they wouldn’t be a burden to their children, it took 13 years to strike. It still blew them out of the [...]

long-term health care rates skyrocket

By administrator | May 13, 2012

long-term health care rates skyrocketNews from Asheville Citizen-Times: WOODFIN — Sticker shock usually hits instantly. But for Woodfin residents Brenda and Allan Abrams, who bought long-term health care insurance so they wouldn’t be a burden to their children, it took 13 years to strike. It still blew them out of the water this spring, though, [...]

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