Hybrid Life/LTCi: Breaking Down Barriers And Bridging Gaps
December 22, 2018 by Tony Laudato
Recent months have seen a steady drip of bad news from life insurers, as firms have had to boost their reserves to the tune of billions in an expectation of soaring payouts for long-term care insurance policies.
While troubling, the news simply confirms something that has been fairly obvious for some time: the old long-term care market – once popular as a means of funding assisting living, nursing home and home care services – is now more of a headache than an opportunity for insurers.
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Originally Posted at InsuranceNewsNet on December 14, 2018 by Tony Laudato.
Categories: Industry Articles