John Hancock to Re-enter California Individual Long-Term Care Insurance Market
BOSTON, Feb. 1, 2012 /PRNewswire/ --Â John Hancock today announced that its individual long-term care insurance would be available in California, beginning February 27, including both its new California ...
Measure Applications Partnership Submits Recommendations for Post-Acute Care and Long-Term Care to HHS
At the request of the Department of Health and Human Services (HHS), the Measures Application Partnership (MAP), a public-private, multi-stakeholder group of healthcare leaders convened by the National Quality Forum, has submitted its recommendations on the improvement and coordination of care by post-acute care (PAC) and long-term care (LTC) providers. ...
Fitch Affirms Unum Group's Ratings; Outlook Stable
Fitch Ratings has affirmed Unum Group Inc.'s holding company ratings, including the senior debt rating at 'BBB', as well as the Insurer Financial Strength ratings of all domestic operating subsidiaries at 'A'.
Unum Group Reports Fourth Quarter 2011 Results
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum reported a net loss of $425.4 million for 4Q11, due largely to charges following its decision to discontinue sales of group long term care and a reserve charge for ind. disability closed block.
Long-term-care insurance is more expensive than it’s worth for some people
1 Determine if you qualify financially Don’t buy if the out-of-pocket cost for the coverage would be more than you can afford. Consumer Reports advises people that if their net worth, excluding their home, is below $300,000, long-term-care insurance is not a good buy for them. The National Association of Insurance Commissioners also recommends that consumers spend no more than 5 percent of their ...