Thread regarding MetLife Inc. layoffs

LTC Premium Increases out of hand

This is an example of incredibly poor asset management with zero culpability to the company for the promises they made for these policy holders of keeping rates steady. I'm sure these policies were never sold with expectations of increasing 29.4% to 182.1% every few years. And it's not just CT, it's all over the country.

https://portal.ct.gov/CID/Long-Term-Care-Rate-Filings/MetLife-IND-1999-2012-20220629

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| 2501 views | | 1 reply (July 14, 2022) | Reply
Post ID: @OP+1hIjG9Uc

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More like poor liability estimation.

But, it's so difficult to do, that there will be few companies even offering LTC and if they do, the premium will be very high.

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Post ID: @gpm+1hIjG9Uc

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