Thanks for this link. Scary stuff. We had ltc insurance with GE and Genworth bought it. Last year it looked like Genworth might go belly up. Their stock has had a good recovery this year.
http://www.freerepublic.com/focus/f-news/2337202/posts
My LTC policy is with GE, also. I have a GREAT plan and have been paying premiums for quite a few years.
I can’t believe this. I am flummoxed and gob-smacked.
They sure do sneak a lot of crap into these bills and there is no way to keep abreast of all of it. The responsible citizens are being hung out to dry or die....in order to make life nicer for 10% of the population.
What can we do?