Long Term Care Insurance Rate Increases

Aug 8, 2018

  1. Arthur Rudnick
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    Arthur Rudnick Moderator Moderator

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  2. ltcadviser
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    ltcadviser Guru

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  3. Arthur Rudnick
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    Arthur Rudnick Moderator Moderator

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    Scott, according to the Model Act
     
  4. Mr_Ed
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    Mr_Ed Guru

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    The Rate Stability Regulation does not apply to every LTCi policy... only some.
     
    Mr_Ed, Aug 9, 2018
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  5. ltcadviser
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    Yeah, hybrids Scott :-)
     
  6. Mr_Ed
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    Mr_Ed Guru

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    hybrids are not regulated by the Rate Stability Regulation.
    and some hybrids can have rate increases.
     
    Mr_Ed, Aug 9, 2018
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  7. ltcadviser
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    ltcadviser Guru

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    Meh, not the hybrids that PEOPLE ACTUALLY BUY!

    But whatever. I am not preaching to the choir here.
     
  8. Mr_Ed
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    Mr_Ed Guru

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    The "good hybrids" make up less than a quarter of the hybrid sales.
    Most hybrids are UL with CI riders.
     
    Mr_Ed, Aug 10, 2018
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  9. yankee466
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    yankee466 Guru

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    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
     
  10. ltcadviser
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    ltcadviser Guru

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    Yeah, unless you want to tweet that all hybrids are bad and expensive :-)
     
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