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Is the long-term care insurance market sick?

from Reuters blog

This might not be what the insurance industry had in mind when it proclaimed November to be National Long-Term Care Awareness Month: MetLife, one of the industry's biggest players, decided to drop out of the market. "I'd like there to be something I could comfortably recommend to my client," says Harry S. Margolis, an attorney specializing in elder law and founder of ElderLawAnswers. "This is what the premium is and this is what the benefit is and it's not going to change. But it's not there." more


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