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Long Term Care Insurance Market Updates

The long term care insurance (LTCi) marketplace is constantly changing, and there are several updates of which consumers should be aware. First, in the state of California, a new employee payroll tax is being considered. This tax will help fund a minimal amount of long term care benefits for residents. Additionally, traditional long term care insurance rates are increasing, which will impact consumers' premiums. Finally, we believe a new fixed indexed annuity product is coming soon providing a solution to those unable to get traditional long term care insurance. Watch this video for more information on where the LTCi market is going.

Connect with a long term care insurance specialist to discuss these alternatives.

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