Connecticut weighs LTC insurance coverage price freeze and reforms

The senator argued {that a} moratorium would carry all stakeholders to the desk to develop a mannequin for addressing LTC insurance coverage points, which lengthen past Connecticut. The business has confronted vital challenges because of underwriting miscalculations within the Nineties and 2000s, rising medical prices, an growing older inhabitants, and longer lifespans, in response to state and federal regulators.