Long Term Care Insurance Fraud (Potential for Abuse)

The potential long term care insurance fraud and abuse is greater than most other insurance types due to the vulnerable populations served. To protect yourself, make sure to read your policy and not just rely on a summary or the word of an agent. Find out specific things to look out for and what to know before you start a policy here.

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Long Term Care Insurers Settle Class Action Lawsuit For $15M

Two insurers have agreed to settle a class action lawsuit that alleged bad faith insurance practices over their long term care insurance policies. Hundreds of Missourians had sued the insurance companies for raising their premiums on long term care insurance without notice, but over 1,600 will benefit.

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Suing on a Long Term Care Insurance Policy

Filing a lawsuit on a denied long term care insurance claim is challenging since the insurer has far more experience in litigating their policies and know how the courts define standard terms. This gives the insurer an advantage when drafting policies.

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