State insurance regulators are promising to look into allegations that some long term care insurance policyholders have had trouble collecting on claims.
A reporter wrote about the allegations in an article published March 26 in the New York Times.
Wisconsin chairs the senior issues task force at the National Association of Insurance Commissioners, Kansas City, Mo.
Members of the task force will discuss the allegations in the Times article and then decide whether to consider changing the NAIC’s Long Term Care Insurance model act, according to Eileen Mallow, assistant deputy commissioner at the Wisconsin Department of Insurance.
Pennsylvania, one of the states mentioned in the Times article, already is investigating one LTC insurer, says Randy Rohrbaugh, Pennsylvania’s acting insurance commissioner.
Rohrbaugh declined to name the insurer.
“Where there is noise, we look,” Rohrbaugh says.
The NAIC’s market analysis program helped the Pennsylvania department decide where to look, Rohrbaugh says.