Podcast Center
Video Center
Webcasts
Resource Center
Events
By 
January 27, 2021 at 02:11 PM
Long-term care insurance (LTCI) providers paid $11.6 billion in benefits to 325,000 claimants in 2019.
The American Association for Long-term Care Insurance (AALTCI) is reporting those figures in a new batch of LTCI market data.
Resources
The total amount of LTCI benefits paid was 5.2% higher in 2020 than in 2019, and the number of claimants increased 4.8%, according to AALTCI.
The number of claimants rose in spite of reports that the COVID-19 pandemic might have led to a sharp increase in LTCI claimant mortality and a reduction in the number of policyholders using their benefits to pay either for nursing home care or professional home care.
