The National Association of Insurance Commissioners (NAIC) is setting up a body that will focus on new long-term care (LTC) planning products and strategies.
Members of the Senior Issues Task Force, an arm of the NAIC’s Health Insurance and Managed Care Committee, agreed to set up a new LTC subgroup Thursday, during the task force session at the NAIC’s fall meeting in National Harbor, Md.
The task force has tentatively decide to call the new panel the Long-Term Care Innovation Subgroup. The subgroup will “address the future of long-term care (LTC) and examine innovations,” according to the official meeting summary.
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