where Price is a policy level variable defined as the natural log of the ratio of LTCI
premiums earned by insurer i in year t for policy form j to the number of lives insured under policy form j in year t.
Partners, LLC is a national brokerage general agency specializing in Long-Term Care Insurance with offices in Illinois and Wisconsin.
I've sat in on countless webinars where the speakers degrade LTCI
in order to promote their own products.
If you're not yet experiencing client complaints about LTCI
rate hikes, get ready.
Add in all the uncertainty and confusion in the minds of consumers regarding PPACA, and you have an extremely challenging climate in which to sell LTCI
They're talking to their financial planners, they're talking to other friends," Eagan said, adding that she believes people are much better informed about LTCI
than they used to be.
And major government and LTCI
industry initiatives are promoting consumer awareness, while the personal experience of millions of unpaid family caregivers is fueling interest in this product.
As of 2004, only 4% of total LTC expenditures for the elderly were paid by private LTCI
In my work as a LTCI
specialist, I have found that there are five mistakes agents often make with respect to long-term care planning.
You'd have to be nuts to recommend taking on the added expense of an LTCI
policy to someone who's just lost a sizable piece of their nest egg, right?
From a financial point of view, LTCI
allows the patient's retirement plan to stay intact.
Although these are basic concepts, unexpected results on at least one of those three fronts has been forcing more carriers lately to scale back efforts or totally exit the LTCI