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Texas Agency Asks For LTC Rate Info

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The Texas Department of Insurance is calling on long term care insurers to submit rate information for a new consumer guide it is preparing to publish.

The department is requiring all companies writing individual LTC policies in Texas after June 1 to submit premium data for the Texas Long Term Care Rate Guide. Information must be submitted by June 25.

The agency wants LTC insurers to include information on a variety of policies, including the insurers’ best-selling LTC products.

Companies can enter their rates directly through the Texas Department of Insurance website.