Long-term care insurance massive premium increases

In the 1980s and 1990s, people were told long-term care (LTC) insurance was a way to protect against catastrophic illness, things like Alzheimer’s and other forms of dementia, the frailty of age when it’s no longer possible to care for oneself without help. And 7.3 million people own LTC policies; thinking they had secured their future, they’re shocked to find that insurers are hitting them with massive premium increases. Read article here…

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