buckistater
New Member
- 9
Do any of you guys have a short list off the top of your head of LTCi carriers who have had significant increases or discontinued their products completely?
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Is it just me, or is that hard to read?
Arthur R, yes... they appear to be burning the furniture for lack of coal. That may keep them warm but will it serve long-term (got it: Long Term :-)
I see three explanations (which means I'm missing #4 etc)...
1) They're preparing to be sold
2) They will need even more rate increases because they're running out of furniture (relates to #1)
3) They've done the absolutely best, most perfect, and final "optimization."
Might a mutual company (!) buy them for the +quantifiable+ opportunity for triage Vs retention with higher rates?
Arthur R, yes... they appear to be burning the furniture for lack of coal. That may keep them warm but will it serve long-term (got it: Long Term :-)
I see three explanations (which means I'm missing #4 etc)...
1) They're preparing to be sold
2) They will need even more rate increases because they're running out of furniture (relates to #1)
3) They've done the absolutely best, most perfect, and final "optimization."
Might a mutual company (!) buy them for the +quantifiable+ opportunity for triage Vs retention with higher rates?