Long Term Care Insurance Companies set to price their Policies based on Gender
Gender discrimination is normally not legal. But, when it comes to Long Term Care Insurance companies that offer this type of insurance, they have now realized an obvious truth: women live longer than men and thus use more benefits from this type of insurance. A lot more, in fact, and estimates are as high as 70% or more of the more than $6 billion in claims are paid out to women. Until now, Long Term Care Insurance companies have priced equally for men and women, unlike, for example, life insurance. Long Term Care Insurance companies are only now realizing their[…]
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