Faced with a premium increase, LTCI policyholders choose to pay

[Insurance Forums Staff]

Insurance Forums Staff submitted a new article

Faced with a premium increase, LTCI policyholders choose to pay

The overwhelming majority of consumers experiencing a premium increase on their long-term care insurance chose to pay the higher premium, according to the findings of a new analysis released this week by the American Association for Long-Term Care Insurance.

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[Life Hawk]

A troubling question comes to mind, as the cost of coverage continues to increase, aren't consumers also faced with a transverse effect of reduction in quality of care?