Filed Under:Health Insurance, Ltci

NAIC Health Panel OKs LTCI Model Revision

The NAIC recently ended its spring meeting in New Orleans -- the home of Mardi Gras, one of the world's most successful (burial) insurance promotional events. (AP Photo/Gerald Herbert)
The NAIC recently ended its spring meeting in New Orleans -- the home of Mardi Gras, one of the world's most successful (burial) insurance promotional events. (AP Photo/Gerald Herbert)

Members of the Health Insurance and Managed Care Committee -- a top-level committee at the National Association of Insurance Commissioners (NAIC) -- are trying to do something about the recent wave of increases in long-term care insurance (LTCI) prices.

The committee agreed at the NAIC's spring meeting in New Orleans to have the Senior Issues Task Force revise the Long-Term Care Insurance Model Act in light of concerns about pricing, rate stability and consumer disclosures, according to meeting documents posted by the committee.

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Nichole Morford

Nichole Morford
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