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Author: BrerBear Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 19483  
Subject: Re: Long term care insurance Date: 7/26/2005 9:07 PM
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I get the impression that they've been writing these policies for, maybe 20 years or even 30.
Andy
=========================================
IIRC, GE Financial was the first to write these policies ~~~1976/1977...

GE Financial Long Term Care was spun out of Mother GE as of last year... new name: GenWorth*

They supposedly were the first to offer the policy...

To date, they have a record of not increasing the premium for a group... [*could still happen, but...]

We're paying ~$4800 per year, two youngster oldsters, >60 years... policies 3 years old now...

Managed care home fees around these parts [Orange County CA] ~~$3000 per month, depending on 'amenities'...
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