Long term care insurance claims top $10 billion in 2018

[Insurance Forums Staff]

Insurance Forums Staff submitted a new article

Long term care insurance claims top $10 billion in 2018

A record $10.3 billion in claims was paid last year by the nation's long-term care insurance companies, according to new data from the American Association for Long-Term Care Insurance.

Continue reading the Original Article.

 

[Mr_Ed]

Insurance Forums Staff submitted a new article

Long term care insurance claims top $10 billion in 2018

Continue reading the Original Article.

The industry topped $10 billion in claims in 2015.

Long term care insurance claims topped $10 BILLION in 2015


The AALTCi only surveys about 10 companies, not the entire industry.

 

[Mike H]

What is a good source of ratings, claims paying abiity, of companies selling long term care insurance ?
Where can I get a premium history for companies that have as well as still are offering long term care insurance ? I am primarily interested in traditional indemnity and/or reimbursement long term care policies.

 

[Mike H]

Who are the tne companies you survey?

 

[Mr_Ed]

What is a good source of ratings, claims paying abiity, of companies selling long term care insurance ?
Where can I get a premium history for companies that have as well as still are offering long term care insurance ? I am primarily interested in traditional indemnity and/or reimbursement long term care policies.

Here is the easiest to use source regarding rate increases:

long term care insurance rate increases

 

[ltcadviser]

Where can I get a premium history for companies that have as well as still are offering long term care insurance ?.

Rate increases for active companies. All 50 states, date of request; policy series rate increase requested on, increase percentage requested; percentage approved.

Long Term Care Rate History - Active


Rate increase history for inactive companies

Long Term Care Rate History - Inactive

 

[Mr_Ed]

Rate increases for active companies. All 50 states, date of request; policy series rate increase requested on, increase percentage requested; percentage approved.

Long Term Care Rate History - Active


Rate increase history for inactive companies

Long Term Care Rate History - Inactive

my format is easier to read.

 

[ltcadviser]

my format is easier to read.

The California Department of Insurance Website is very easy and clear to me.

 

[Mr_Ed]

The California Department of Insurance Website is very easy and clear to me.

It lists them by company---useless.

The data is more helpful when sorted by state and date policy sold.

 

[ltcadviser]

It lists them by company---useless.

The data is more helpful when sorted by state and date policy sold.

Whatchoo talking about Willis.

It lists the increases by state, and the date the policy was sold; date increase requested, amount requested, and date approved and amount approved. Sorry it is not a link to your website.