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Gender-based Long Term Care Insurance to Go Into Effect

Leading insurers that offer long term care insurance to individuals are busy repricing and filing products that will charge women more than men.  “Until now, insurers have used unisex pricing which means that women pay the same as men even though their utilization of coverage is much higher than men,” explains Jesse Slome, executive director of the American Association for Long-Term Care Insurance and a leading long term care insurance expert.