IRS doesn’t raise tax deductible LTCI limits for 2022
For the first time the Internal Revenue Service has not raised tax-deductible limits for long-term care insurance according to the American Association for Long-Term Care Insurance.
Recent Health Insurance News
Nearly half of Americans ponder health insurance changes during Open Enrollment
ValuePenguin survey finds 45% of insured Americans are considering changes; those with Marketplace plans most likely to change providers or plan types.
LTCI Awareness Month 2021: Study shows increasing need for care, reliance on family
Genworth study finds the COVID-19 pandemic increased demand for and complexity of long term care, accelerating existing trends toward longer duration and more acute care.
More than 300 million Americans covered by health insurers: Mark Farrah Associates
New report shows Medicare Advantage enrollment continues to experience increases with ample room for growth.
AMA study: 3 in 4 health insurance markets are highly concentrated
A new study from the American Medical Association shows nearly three-quarters of health insurance markets in the U.S. are highly concentrated, leaving millions of Americans with more limited health insurer options.
Top health insurers ranked for customer satisfaction
United HealthCare, Humana and Kaiser Foundation Health Plan earn top three satisfaction rankings in Verint’s just-released 2021 Report.
Life combo product sales plummeted during 2020 pandemic
Total new premium for individual life combination products decreased 23% to $3.7 billion in 2020, according to LIMRA’s 2020 U.S. Individual Life Combination Products Annual Review.
LTCI rates remain largely stable in past 5 years, AALTCI finds
Association’s latest long term care insurance price index data shows men’s rates fairly stable (or have even dropped) since 2016, but women’s rates jump in prolonged low interest rate environment.
COVID-19 a top cause of disability for U.S. workers
Disability claims for behavioral health on the rise according to internal data from Unum.
Study reveals how pandemic impacted long-term care costs
LTCG’s Annual Cost of Care Report benchmarks the prices of senior care, ranks most and least expensive states for home health aides and nursing homes.
AHIP unveils refreshed brand, updated mission statement
New logo and updated mission intended to better align with its work, goals and commitments.