Long Term Care Insurance Industry Paid $8.15 Billion in Claim Benefits

Jesse Slome over at AALTCI released the following info today:

[I]Los Angeles, CA - February 11, 2016 - Long term care insurance companies paid $8.15 Billion in claim benefits to 260,000 individuals in 2015 according to the American Association for Long-Term Care Insurance.

“Total benefit payments increased by nearly four percent and the number of long term care insurance policyholders on claim grew by roughly 10,000," reports Jesse Slome, director of the American Association for Long Term Care Insurance (AALTCI), the national trade group that reports annual claims data. In 2014, AALTC
Source of insurance-forums.net

Comments