Do Americans Really ‘Get’ Long-Term Care Insurance?
While about 1 in 3 Americans believe they own some form of stand-alone LTC coverage or combination life/LTC insurance coverage, actual LTC ownership is closer to 3%.
Recent Health Insurance News
Consumers Need Help Understanding LTC
Recent OneAmerica study reveals consumers are underprepared for a long-term care event.
Fidelity tops Morningstar’s study on top health savings account providers
New research includes complete assessments for the 10 most prominent HSA providers; finds room for improvement.
HealthSherpa announces approved vendor status for plan year 2023 agent and broker marketplace trainings
Health insurance enrollment platform will be a CMS-approved training vendor for plan year 2023 federally facilitated Marketplace training and certification.
Sales of Life-LTC combo products rebound in 2021
Sharp increase driven by current and proposed legislation according to LIMRA report.
National uninsured rate reaches all-time low in 2022
HHS Secretary Becerra says Biden-Harris Administration efforts to expand health insurance coverage, lower costs through American Rescue Plan and other actions are working.
Faced with a premium increase, LTCI policyholders choose to pay
The overwhelming majority of consumers experiencing a premium increase on their long-term care insurance chose to pay the higher premium, according to the findings of a new analysis released this week by the American Association for Long-Term Care Insurance.
Disability Insurance Awareness Month resources available to producers
This year’s theme for the campaign is: “Rethink disabilities. Rethink disability insurance.”
Medicare Advantage, Medicaid markets show notable growth in 2021
Mark Farrah Associates releases year-over-year health insurance enrollment trends by segment.
IRS Releases (Much) Higher 2023 HSA Contribution Limits
Thanks to inflation, next year’s health savings account contribution limits will rise 5.5% from 2022 limits
2022 Linked-Benefit LTCI Price Index released by AALTCI
The first price index comparing leading linked-benefit long-term care insurance costs and benefits was released this week by the American Association for Long-Term Care Insurance.