Filed Under:Health Insurance, Ltci

Virginia considers LTCI premium options

(LHP photo)
(LHP photo)

Analysts have told the Virginia Bureau of Insurance that they see no easy answers to the rate increase problems plaguing the private long-term care insurance (LTCI) market.

The analysts -- John MacBain and Shawn Parks of Actuarial Resources Corp. of Georgia, and employees of the state Bureau of Insurance -- say regulators must try to balance the interests of policyholders and the issuers' duty to protect company solvency.

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Nichole Morford

Nichole Morford
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