Battle Flares Over Long-Term Care Insurance Rate Hike Rules

News June 27, 2024 at 12:47 PM
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What You Need To Know

  • Some regulators want special rules for the oldest insureds and phase-ins of big increases.
  • Trade groups said regulators should stick with rules meant to keep insurers in business.
  • Genworth said some moves to soften rate increase blows may create confusion or lead to bigger total increases.
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