Genworth Appeals LTCI Rate Ruling in Massachusetts

News June 03, 2024 at 01:14 PM
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What You Need To Know

  • State hearing officers recently upheld a rejection of Genworth's request for a 161.6% increase on some policies.
  • Genworth says policyholders in the state are paying unfairly low rates compared with those in other states.
  • State officials questioned the insurer's customer communications and premium needs analysis.
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