At A Glance
- This Alert Affects
- Consumers who replaced their existing long-term care policies with new policies at the suggestion or recommendation of their insurance company and/or agent.
- Insurance companies could potentially be marketing new replacement policies which provide less coverage than the existing policies in an attempt to save itself from future exposure.
- Long-term care policy providers
- Additional Details
- Long-term care is typically provided to individuals who cannot perform basic activities of daily living, such as eating, walking and bathing. Long-term care insurance policies cover care that is generally not found under health insurance, Medicare or Medicaid plans.