Long-term care rate increase survey

Milliman completed a survey on premium rate increases for the long-term care (LTC) insurance industry. All except two of the 26 companies that participated in the survey have filed for at least one rate increase on their LTC business. This report provides a summary of the survey findings. The results are intended to provide interested parties with general strategies and approaches to filing LTC rate increases as well as a summary of experience with filing them.