LTC insurers adjust products and prices

Lee, Karen
August 2003
Employee Benefit News;Aug2003, Vol. 17 Issue 10, p17
Relates the decision of long-term care insurance companies in the U.S. to adjust their products and prices in 2003. Plans to eliminate lifetime benefits in future policies; Projections on the number of people who were expected to need long-term care; Maximum years of insurance coverage considered by most insurance companies.


Related Articles

  • Overlooking long-term care insurance could be costly risk. Fraley, Jeff // Fort Worth Business Press;4/18/2003, Vol. 16 Issue 16, p38 

    Focuses on the importance of long-term care insurance. Cost of home health care; Limitations of Medicare and Medicaid; Definition of long-term care.

  • Another Media Flap Over LTC Insurance. Thomas, Trevor // National Underwriter / Life & Health Financial Services;3/3/2008, Vol. 112 Issue 8, p6 

    The article reports on the outrage of long term care (LTC) insurance executives in the U.S. on an article published in the periodical "The Wall Street Journal," about the state programs that support private LTC insurance. It criticized the states' endorsement for LTC insurance as the solution to...

  • Colo. insurers must offer standard LTC plans. Schmitt, Frederick // National Underwriter / Life & Health Financial Services;5/5/97, Vol. 101 Issue 18, p31 

    Reports that insurance companies operating in Colorado are required to offer two standardized Long-Term Care (LTC) plans with their other LTC products, as a consequence to action authorized by Insurance Commissioner, Jack Ehnes. Why recommendation was made; Stipulations of the LTC plan; What is...

  • Making long-term care insurance affordable. Hayden, James M. // Westchester County Business Journal;12/26/2005, Vol. 44 Issue 52, p15 

    The article focuses on the factors that affects the cost of long-term care insurance in the U.S. Age, waiting period before the benefits begin, the level of coverage, the location where to receive the care and the length of the benefit period are among the factors affecting the cost of long-term...

  • Selling More Of It In The Worksite. KELLY, WILLIAM (TINKER); BARDES, DAVID A. // National Underwriter / Life & Health Financial Services;12/1/2008, Vol. 112 Issue 41, p16 

    The article looks into the reasons for the failure of long term care (LTC) insurance. It states that the policy failed mainly because of two reasons which includes the complicated sale and its conditions which people believed that may never be needed. It highlights that when one needs the LTC,...

  • The New Wealth Preserver. Moran, Gwen // On Wall Street;Sep2008, Vol. 18 Issue 9, p48 

    The article talks about the benefits of long-term care insurance for U.S. clients who are millionaires. It is indicated that long-term care insurance can safeguard a client's wealth from the cost of medical bills when they face health issues in the future. The policies had a multitude of...

  • Appendix V: Changes in the Cost of Long- Term Care Services Compared with FLTCIP Inflation Protection Options.  // GAO Reports;8/10/2011, p43 

    An appendix is presented of the changes in the long-term care service cost compared to that of the automatic compound inflation options (ACIO) under the U.S. Federal Long Term Care Insurance Program (FLTCIP) from 2002-2010.

  • Facts you should know about long-term care insurance. Fay, W. David // Inside Tucson Business;5/11/2009, Vol. 18 Issue 50, p16 

    The article offers information about long-term care insurance in Tucson, Arizona. It expects that nearly nine million Americans over the age 65 will need some long-term care. It suggests people not to let youth calm into a false sense of security. It also points out that long-term care cost can...

  • Money Talks. Myers, Melissa; Tucker, Michael // Echo Magazine;11/12/2009, Vol. 21 Issue 4, p42 

    The article offers financial advice on how to plan for a long-term care. It stresses that financial planning for a long-term care involves three options which include paying for the cost of long-term care, spending all assets to qualify for Medicaid or Arizona Health Care Cost Containment System...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics