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Wills, Trusts, & Estates Prof Blog
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Rising Cost of Long-Term Care Insurance

By Gerry W. Beyer

IncreaseThe recently released 2015 Long Term Care Insurance Price Index reveals that the cost of claims to insurers and the cost of coverage for insured has increased over the last year. The average cost per year for long-term care insurance for 2015 is 8.6 percent higher than the yearly rate last year.

See FA Staff, LTC Insurance Rates Continue To Climb, Financial Advisor, Jan. 27, 2015.

Special thanks to Joel Dobris (Professor of Law, UC Davis School of Law) for bringing this article to my attention.

Posted in:
Disability Planning - Health Care, Estate Planning - Generally and Non-Probate Assets