Steve Martin
- Feb 3, 2013
- 1 min read

Long-term care insurance about to set fees by gender

Gender discrimination is coming — and it’s perfectly legal.

The Long Term Care insurance industry has finally recognized the obvious: Women live longer than men. And because women live longer, they use more benefits from their long-term care insurance policies.In fact, the most recent figures show that two-thirds of all long-term care claims were paid to females, and 70 percent of the dollars paid out by insurers were paid to women. That’s a significant number, when you realize the industry paid out more than $6 billion in claims in 2011.

via Long-term care insurance about to set fees by gender – Chicago Sun-Times.

Recent Posts

See All

Understanding Health Savings Accounts (HSAs)

This is a good overview of Health Savings Accounts by Jim Blankenship. Steve ============================== When you have a Health Savings Account, you’re allowed to make contributions to the account

Financial advisors have fiduciary duty to those who pay them | Financial Awakenings

Okay, I did it again in a recent column. And I got into trouble again. That’s what I get for using the F-word. “Fiduciary.” My most recent transgression was to point out the simple fact that insurance

How to Get an Insurance Claim Paid

Some good practical advice. Steve ============================= Getting an insurance claim paid is a real pain. Rick Kahler, the dauntless president of Kahler Financial Group in Rapid City, S.D., give