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Old 09-15-2011, 11:06 AM   #21
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Originally Posted by mickeyd View Post
I don't have much to add to the conversation except~ Wow! A 330% increase in fifteen years. What will it be 15 years from now?
Realistically priced to match the actual expenses... so that the insurance companies can make good on their commitments?

My father's LTC from John Hancock cost about $11K in premiums over 19 years. They're paying out as much as $318K.

It's like winning the lottery and then wondering if the payer will have enough money to follow through.


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