According to the American Association for Long-term care insurance, this is partly because women tend to live longer and often have no nursing home. Accordingly, the claims experience of individual candidates was always worse. In the past, lower interest rates and more lenient underwriting practices on long-term care policies have led costly claims. Insurers are making efforts to recover by eliminating certain rebates and to put stricter underwriting practices in place.
For women in particular, the rate increases for the company started implementing them next year are expected to be 10% higher than the rates the company currently charges women. In addition, women may end up paying much more in premiums than men.
Married couples who buy a health insurance cover the family together can always get a discount because the company considers the premium the "mixed experience" of men and women. This provision can get a little tricky :.
- The women who are seeking insurance on their own would pay the individual rate, but a widow would receive a discount
- Couples who are in the process of obtaining a divorce but have not yet completed, it may receive a spousal discount.
- same-sex couples and unmarried domestic partners may also qualify.
Single women can lock in lower rates now by adding a "future option to buy" a smaller policy. This allows them to qualify for additional coverage in the future using their current state of health, while decreasing their rates at the same time.
0 Komentar