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Have the same issue. Our LTC insurance was dropped by my employer (company didn't do anything but deduct premiums from check, we paid all of premium, no matching). We were allowed to continue with the LTC company, but premiums increased 100%. Kept with them b/c they were still cheaper than every other company out there. After a few years, was thinking of stopping b/c of expense and reviews of LTC companies in general. Had my financial planner look into the benefits again, compared to other companies, and he said we had a great deal on premiums and benefits compared with other companies. So we are still with them. But I am constantly expecting another doubling of the premiums any time. Saw my mom need nursing care for almost a decade. That is the main reason I keep it. She was on Medicaid and we got pretty decent care for her but she had to be destitute to get the aid.
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