Do Long Term Care Insurance Premiums Increase?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    Long Term Care Insurance Premiums can increase. Historically, rates have not increased often, or by much. There has been a larger increase in premiums recently due to higher than anticipated claims, and lower than anticipated interest rates. Long Term Care Insurance companies do all they can to keep their premiums from going up, but they also must do what is needed to keep their companies and existing policies viable.
    Answered on July 19, 2013
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