No. of Recommendations: 3
It's got to be doubly bad for people who have paid the hefty premiums and have had the insurance gone unused only to be faced with the doubling of premiums. I know it's "sunk cost" mentality, but knowing that doesn't make people immune from human nature.

I know that it's a sunk cost, but that's real money that could have been saved and invested and used toward paying for your care. This is exactly why I've never bought LTC insurance - I'm a disciplined saver and would rather take my chances with self-insuring.
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