Connecticut Rejects Unum’s Request for Long Term Care Insurance Rate Increases
The Connecticut Insurance Department has rejected a unit of Unum’s application for rate increases on certain Long Term Care Insurance policies throughout the state.
Application for Increase
UNUM Life Insurance Company of America, a unit of Unum Group Corporation, applied for a rate increase averaging 45% on their group policies in effect in Connecticut. Their original request cited the need to ensure “policies remain priced at an appropriate level to meet our future claims obligations.” Those group policies are no longer for sale, as the unit left the group Long Term Care Insurance market in 2012, but 2,217 Connecticut residents still have[…]
Utah Legislature Passes Bill to Create Long Term Care Insurance Partnership Program
The state of Utah is posed to pass a bill that helps incentivize the purchase of Long Term Care Insurance and prepare state residents for the risk of long term care.
Senate Bill
S.B. 14 was sponsored by Senator Todd Weiler (R- Woods Cross) and introduced in the Senate on January 27th. The bill authorizes the Department of Health to set up a Long Term Care Partnership Plan for the state of Utah. It passed in the Senate on February 10th and in the House on February 26th. S.B. 14 is now awaiting the signature of Utah Governor Gary Herbert.
The bill isn’t[…]
Pennsylvania Long Term Care Commission Holds First Meeting
The Pennsylvania Long Term Care Commission met for the first time last week to sort out the details of their agenda for the year.
Pennsylvania Long Term Care Commission
On Monday, March 7, the Secretary of Public Welfare Beverly Mackereth and Secretary of Aging Brian Duke met with the other 23 members. The gathering was an organizational meeting to decide future meeting dates and locations and any other necessary information before they begin their work as commissioners.
Governor Tom Corbett created the Pennsylvania Long Term Care Commission on January 31, 2014 via executive order as part of his Healthy[…]
Long Term Care Providers Protest FDA’s Decision to Reclassify Hydrocodone Medications
Long term care providers are speaking out against a recent decision by the FDA to reclassify certain pain medications across the nation.
Reclassifying HCPs
Vicodin and similar painkillers are being reclassified from Schedule III drugs to Schedule II drugs, according to a proposal in the February 27 Federal Registrar, also known as the Daily Journal of the United States Government. Officials say these drugs have reached abuse levels that equate to an epidemic, which requires addressing.
Despite the widespread abuse, though, the hydrocodone medications also provide necessary pain relief to many kinds of people, including those in nursing homes suffering from long term[…]
Actor Seth Rogen Speaks to Congress About Need for More Research on Alzheimer’s
Speaking on a cause close to his heart, Seth Rogen spoke to a mainly empty Senate subcommittee last week about the need to increase funding for Alzheimer’s research.
Congressional Hearing
The actor, whose mother-in-law suffers from the disease, gave a touching, and 
at times funny, speech during a Congressional hearing for the Senate Appropriations Subcommittee on Labor, Health, and Human Services. He spoke of the hardships endured by his wife and her family, as they watched her mother slip away into the grips of dementia.
As Rogen pointed out, many people think of Alzheimer’s[…]
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[…]
Reviews of each company’s financial stability ratings, claims experience, and size.
A side-by-side comparison of each company’s policy features. We cover the similarities and the differences.
Price comparisons customized to suit your specific needs from top carriers such as Nationwide, Thrivent, New York Life, National Guardian Life, Mutual of Omaha, and more.