Long Term Care Insurance Claims: LTD Denial Redux?
Wednesday, July 18, 2007I was on vacation recently where the only newspaper in town was USA Today. While it is not on my normal daily reading list, it had a disturbing article on long term care insurance denials. This article reinforces the findings of a New York Times article last March detailing the abuses of long term care insurance companies like Conseco, John Hancock, Bankers Life and Penn Treaty. Quoting from the article, "delays, premium increases and denials of payment make the enormous investment in long-term care policies all but worthless". The article then goes on to relate some long term care insurance denial horror stories. When Paula […]
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