Why rates are increasing:
To find out why rates are increasing, try this Yahoo search: "Insurers Are Getting Out Of Long Term Care -- Is It Time For You To Get In?"
In a nut shell, this is it: John Hancock and others are trying to get out of long term care because it's not profitable. Reasons: 1) low interest rates and 2) too many people need and use the benefit.
It seems that people are being kept alive longer in poor health. I guess you could call it, "the miracle(?) of modern medicine". This, in my opinion, is what happens when people rely on "modern medicine" rather than practicing healthy lifestyle habits. It's good for the health care industry but not good for the insurance industry and not good for customers who have to pay high premiums.
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