Tag Archives: rate increase

Caring for your family image

What Happens When Initial Rates Are Too Low

Long-term care insurance (LTCI) premiums are changing. Care costs are changing, too.  We’re seeing premium increases to in-force policyholders and new applicants. Why? Here are some of the factors behind these rate actions and how premiums can change. Insurance premiums will always cost less than the cost of care As insurance products go, LTCI is

Read More