Tuesday, September 08, 2015

LTCi Fans: A sigh of relief

As we noted almost 3 years ago, the Long Term Care insurance industry has begun paying attention to its own data:

That's because women tend to live longer and thus incur more long term care claims.

So why bring this up now, and why the sigh of relief?

Well, it's because - for once - the gummint has (wisely) decided to let the market fend for itself:

That's good news for an industry already struggling to grow.
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