Unum Applies for Long Term Care Insurance Rate Increases in Connecticut
A Long Term Care Insurance provider recently applied for rate increases in the state of Connecticut.
Unum
Two divisions of Unum are seeking premium hikes for certain Long Term Care Insurance policies. Provident Life and Accident Company is one of them. They are asking for an increase of 65% of certain policies sold within the state between 2003 and 2009. The rate hike will apply to 260 individual policies.
Like many other companies, Unum and its subsidiaries have been faced with the increasing cost of health care, paired with the higher than expected claims rates.
Many Long Term Care Insurance providers have been forced[…]
Study Links Pesticide to Alzheimer’s Disease
Alzheimer’s disease is one of the few that still has scientists stumped. Though studies have found various potential causes and influencers of the disease, there has been no strong consensus regarding the cause of the disease or a way to treat and cure it. Researchers have discovered yet another potential environmental cause for the disease, though, in a recent study.
Pesticide Exposure
The pesticide DDT may be partially responsible for the development of Alzheimer’s, according to the study published in the Journal of the American Medical Association (JAMA). Though the pesticide DDT is no longer used in the United States, as[…]
High Levels of Estrogen May Increase Dementia Risk
High levels of estrogen in older women may be a significant risk factor for dementia, according to new research.
French Study
Researchers in France were interested in the effect of estrogen on dementia risk and conducted a study to determine whether there was any connection. The researchers analyzed data from a previous study including more than 5,600 postmenopausal women aged 65 and older. They measured the estrogen levels of the women who participated in the study and used this data to form the baseline of their research.
Four years after the initial data evaluation, the researchers compared the estrogen levels of 543[…]
Pennsylvania Governor Creates Long Term Care Commission
The state of Pennsylvania is moving forward in its effort to address the growing issue of long term care. Governor Tom Corbett signed an executive order on Friday, officially creating the Pennsylvania Long Term Care Commission.
Long Term Care Commission
Several months after the original proposal of Healthy Pennsylvania, the commission will begin their work. The Healthy Pennsylvania plan was suggested to help curb the financial strain placed on the state Medicaid program and help integrate the long term care system. The plan faced heated opposition, though, mainly from Democrats who viewed it as a gutting of Medicaid. Amidst all the[…]
California Bill Would Prohibit Long Term Care Insurance Gender Based Pricing
A bill proposed in California legislature this week would eliminate gender based pricing from long term care insurance policies and prohibit companies from enacting similar pricing models in the future.
Gender Based Pricing
Assemblywoman Mariko Yamada (D- Davis) introduced AB 1553 on Tuesday, citing the current insurance pricing system as unfair discrimination.
“Gender discrimination has broad public policy implications,” Yamada said in a statement. “Women earn less than men in their lifetime and accumulate less wealth, so charging women more for the same policies is neither a fair nor effective solution to covering the industry’s costs. Pricing based on life expectancy sets[…]
Low Levels of Omega-3 Fatty Acids Linked to Brain Aging
Foods high in omega-3 fatty acids have long been praised as food vital to brain functioning. A new study found more evidence that points to the importance of omega-3 fatty acids in helping maintain brain health.
Research
Researchers analyzed data from a recent study called the Women’s 
Health Initiative Memory Study to determine the effect that consumption of omega-3 fatty acids has on the brain. They compared health records of 1,111 women who were an age of 70 years old and had no signs of dementia at the start of[…]
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