In the past, LTCI
issuers have reported that relatively few policyholders drop their coverage in response to premium increases.
One panel focused on potential sources of capital for LTCI
The actuarial working group heard a presentation from Fred Anderson, a Minnesota regulator, on a proposal for establishing a process that could make states' LTCI
rate reviews more uniform.
Slome doesn't mince words when describing the change occurring in the LTCI
industry: "historic," "radical," "revolutionary.
Related: 5 Notes on GE's $15B in LTCI
The company closed on acquisitions of two blocks of LTCI
business at the end of 2015.
If the participants paid for the mandatory LTCI
coverage through payroll taxes, that would increase payroll taxes by about 0.
CNA will continue to handle decisions about LTCI
With private rooms in nursing homes costing almost $84,000 as of 2013, many people cannot afford to pay almost half of that amount and will need a good LTCI
policy (Genworth Financial, Inc.
We find that early movers in the LTCI
market gained relatively greater market share than later entrants, which is consistent with prior research.
Your clients might need LTCI
coverage and other long-term planning products, such as annuities, but they also need the equity they've built up in their paid-off homes to have a value other than zero, Bernanke has said, in more diplomatic language.
In Lovell's experience, clients who are familiar with LTCI
are more likely to buy the traditional coverage.