Some excerpts from a Kaiser Health News article, appearing today on TIME/Money website:
[I]New Yorkers who bought long-term care insurance from Genworth, one of the few remaining carriers, were hit with a 60% premium increase in October. The same company has asked Pennsylvania state regulators for permission to raise premiums by as much as 130% for some policyholders.
In California, an estimated 133,000 residents who bought long-term care policies from CALPERS, the state workers’ retirement plan, have seen their premiums rise by 85% over two years. A 2013 lawsuit retirees filed against C
Source of insurance-forums.net
[I]New Yorkers who bought long-term care insurance from Genworth, one of the few remaining carriers, were hit with a 60% premium increase in October. The same company has asked Pennsylvania state regulators for permission to raise premiums by as much as 130% for some policyholders.
In California, an estimated 133,000 residents who bought long-term care policies from CALPERS, the state workers’ retirement plan, have seen their premiums rise by 85% over two years. A 2013 lawsuit retirees filed against C
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