Arthur Rudnick
Guru
- 1,652
Regulators May Form a Multi-State LTCI Rate Review System | ThinkAdvisor
And I thought there weren't supposed to any more rate increases.
And I thought there weren't supposed to any more rate increases.
Long Term Care Insurance Rate Increases
- Thread starter Arthur Rudnick
- Start date
Who says?
- Thread starter
- #3
Arthur Rudnick
Guru
- 1,652
Scott, according to the Model Act
The Rate Stability Regulation does not apply to every LTCi policy... only some.
Yeah, hybrids Scott :-)
hybrids are not regulated by the Rate Stability Regulation.
and some hybrids can have rate increases.
Meh, not the hybrids that PEOPLE ACTUALLY BUY!
But whatever. I am not preaching to the choir here.
The "good hybrids" make up less than a quarter of the hybrid sales.
Most hybrids are UL with CI riders.
I do not believe a life policy with a rider for CI would even be called a hybrid....I would call it life insurance with a rider....whether it be CI or LTC. Semantics
Yeah, unless you want to tweet that all hybrids are bad and expensive :-)
Similar threads
