Long-Term Care Industry in Transition

The long term care insurance industry has taken some real hits. Many insurers mispriced their products, misjudging how expensive nursing-home and in-home care would get.

Bertha Coombs reports for NBR on how the long-term care insurance industry has been hurt by mis-pricing its products. Now they’ve begun new underwriting standards, making it more expensive for aging baby boomers.

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