Priced Out
Connecticut has one of the largest shares of older adults in the country and a sizeable insurance presence. Yet an industry at the intersection of elder care and insurance is in turmoil. The Connecticut Mirror spent more than a year investigating long-term care insurance and its effect on the people who buy it.
CT long-term care insurance costs are skyrocketing, strangling consumers
With annual rate hikes often exceeding 50%, coverage is increasingly unaffordable. And as complaints mount, legislative reform has been slow.
Genworth ties executive pay to rate increases for long-term care insurance
Genworth Financial, which sells coverage in CT, has a business plan that relies heavily on getting what it wants from insurance regulators.
How CT Mirror investigated the long-term care insurance industry
To investigate the problems in Connecticut’s long-term care insurance industry, CT Mirror staff read through thousands of pages and analyzed hundreds of data points. Here’s how we did it.
Legislators to push for reform on long-term care insurance
Following a CT Mirror investigation into skyrocketing long-term care insurance prices, lawmakers said more protections are urgently needed.
podcast episode
PODCAST: CT officials ‘hit a wall’ regulating long-term care insurance costs
CT Mirror’s Jenna Carlesso discusses her story written with Dave Altimari, Katy Golvala and Andrew Brown about ballooning long-term care insurance costs.
more coverage
CT lawmakers pledged long-term care insurance reform. Will it happen?
CT lawmakers who pledged urgent reform to bring relief to LTCI policyholders are still trying to figure out what changes may move forward.
Government Oversight Committee passes bill with long-term care insurance reforms
The bill that advanced would add protections for purchasers of long-term care insurance and boost transparency around rate hike requests.
CT bills aiming to reform long-term care insurance advance
The bills are among at least 16 raised to reform long-term care insurance following a CT Mirror investigation into its skyrocketing costs.
CT Aging Committee weighs bill on long-term care insurance
The Aging Committee’s bill, one of at least 14 on the issue, would create a tax deduction and require public hearings for rate increases.