by Amy Bach

Public Hearing: Minnesota Department of Commerce - Long-Term Care - Rate Increases and Policyholder Protections

In late August, 2015, the Minnesota Department of Commerce convened a hearing to assist the Department’s fact-finding effort on long-term care insurance industry issues. The hearing provided consumers, insurance companies, and other interested parties the opportunity to share statements or testimony about the state of the long-term care insurance industry including issues related to rate increase requests, claims handling, policyholder protections, and ideas for guidelines on regulatory matters for long-term care insurance. 

United Policyholders joined with California Healthcare Advocates in filing comments on the impact that rate increases are having on LTC policyholders and what this means for the viability of LTC insurance as an economic safety net.  Read our joint comments here: Statements of California Health Advocates and United Policyholders.

About The Blogger

Amy Bach

Amy Bach has been a professional advocate for insurance consumers (policyholders), since 1984 and an attorney since 1989. She currently serves as the organization's Executive Director and spokesperson; shaping and overseeing the Roadmap to Recovery™, Roadmap to Preparedness, and Advocacy and Action programs. She is a nationally recognized expert on insurance claim and legal matters; frequently interviewed in print and broadcast media, and the author of numerous publications including "The Disaster Recovery Handbook" and consumer tips and guides in the UP Claim Help Library.