Cost of Long-Term Care Insurance Premiums Continue Upward Trend

The Journal of Financial Planning reported an 8.5% increase in the cost of Long-Term Care Insurance Premiums from last year. This upward trend will likely continue in light of increased patient longevity and the low interest-rate climate. Those who are contemplating Long-Term Care Insurance should consider locking in their rates sooner rather than later. A link to the full article can be found here.