Any new long-term care insurance (LTCI) disclosure rules should help consumers make informed decisions, not simply shield insurers and their agents from litigation, a consumer advocate says.
Bonnie Burns, a consumer advocate at California Health Advocates, proposes some guidelines for any LTCI disclosure guideline provisions in a letter to the Long Term Care Disclosures Working Group. The working group is an arm of the Senior Issues Task Force, a division at the National Association of Insurance Commissioners (NAIC).
Burns has served for years as one of the people that the NAIC pays to speak up for consumers’ interests in NAIC proceedings.