REWahoo
Give me a museum and I'll fill it. (Picasso) Give
I realize I'm probably going to jinx myself by posting this, but...
As discussed in this thread four years ago I've been anticipating a significant increase in our LTC premiums once my 10 year guarantee-of-premium expired. (Note: Until last year I mistakenly thought the 10 years were up in 2009 but discovered we took out the insurance in May of 2000 which makes next month the end of the guarantee period.) My anticipation grew into a cringe whenever threads like this one showed up in the interim.
Not knowing just how big the increase would be, I contemplated at what point we should consider a reduced benefit in lieu of a premium increase, dropping the coverage on one of us, or dropping the coverage entirely.
I got the notice of next year's annual premium today and the increase was...0. Yep, the same amount it has been for the past 10 years.
No idea if this is a head fake, a mistake or what, but I'm not going to ask any questions, just pay up and see what happens next year...
As discussed in this thread four years ago I've been anticipating a significant increase in our LTC premiums once my 10 year guarantee-of-premium expired. (Note: Until last year I mistakenly thought the 10 years were up in 2009 but discovered we took out the insurance in May of 2000 which makes next month the end of the guarantee period.) My anticipation grew into a cringe whenever threads like this one showed up in the interim.
Not knowing just how big the increase would be, I contemplated at what point we should consider a reduced benefit in lieu of a premium increase, dropping the coverage on one of us, or dropping the coverage entirely.
I got the notice of next year's annual premium today and the increase was...0. Yep, the same amount it has been for the past 10 years.
No idea if this is a head fake, a mistake or what, but I'm not going to ask any questions, just pay up and see what happens next year...