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Letters: Feeling betrayed on long-term care

According to the U.S. Department of Health and

According to the U.S. Department of Health and Human Services, about 70 percent of people over age 65 will require some type of long-term care during their lifetime, and more than 40 percent will need care in a nursing home. Credit:

I read “Insurance hikes unjustified,” about long-term care insurance, in Just Sayin’ [Jan. 23].

My wife and I also have had long-term care insurance for the past few years. We were encouraged to purchase it by our financial adviser.

Great idea, only now that the premiums have increased by 50 percent in one year, it’s no longer affordable.

If we quit now, we will lose many thousands of dollars, after we were assured that if there was a premium increase, it would be minimal. We feel betrayed by the insurance company.

Carl Lorenz, Wantagh


Our long-term care insurer just raised our premium 60 percent! This is after we’ve paid premiums for the past 15 years for a total of about $70,000. We’ve never made a claim. It seems obvious that they are trying to dump us now that we’re older and more likely to use the services. How does the insurance company justify this, and how do New York State regulators allow this?

Marvin Novick, Melville


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