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Coinsurance for Long-term Care: Another Viable Benefit Reduction Option for Rate Increases?
Coinsurance for Long-term Care: Another Viable Benefit Reduction Option for Rate Increases? Description * Coinsurance has not been widely offered as a benefit reduction option to offset long-term ...- Authors: Courtney Williamson
- Date: May 2022
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Publication Name: Long-Term Care News
- Topics: Long-term Care; Long-term Care>Long-term care insurance; Long-term Care>Long-term care innovation; Long-term Care>Long-term care pricing; Long-term Care>Rates - Long-term Care
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Highlights from a Rate Increase Survey
Milliman surveyed carriers about their recent LTC rate increase experiences. A total of 20 companies participated in the survey, representing 65 percent of LTC premium in the United States. This ...- Authors: John Hebig
- Date: Jan 2022
- Competency: External Forces & Industry Knowledge; Strategic Insight and Integration
- Topics: Long-term Care; Long-term Care>Long-term care insurance; Long-term Care>Long-term care pricing; Long-term Care>Rates - Long-term Care
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Best Practices for LTC Rate Increase Filings
Unfortunately, for many long-term care (LTC) products, realized experience is worse than originally expected and rate increases have become necessary. Filing a rate increase on a block of ...- Authors: Daniel P Moore
- Date: Jun 2021
- Competency: External Forces & Industry Knowledge
- Topics: Long-term Care; Long-term Care>Long-term care insurance; Long-term Care>Rates - Long-term Care