Interesting Comment on New York's Rate Increase History

An elder law attorney wrote a article in a NY newpaper today.

Bonnie Kraham: Long-term care insurance industry in turmoil - Business Columnists - recordonline.com - Middletown, NY

Interesting comment at the bottom of the article:


The state of New York has one of the best track records for keeping LTC insurance premiums stable.

There are 10 companies that sell over 90% of the long-term care policies in the state of New York.

Nine of those 10 companies have not had any rate increases on any of the LTC poli
Source of insurance-forums.net

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