NH | New Hampshire Insurance Department (NHID) released a Frequently Asked Questions document with information for consumers regarding rate increases on Long Term Care insurance policies.
Long Term Care (LTC) insurance is one way that individuals can pay for nursing-home care, home-health care and personal or adult day care services. This type of insurance, introduced in the 1980’s as nursing home insurance, may pay the service provider directly or provide reimbursement to the policy owner.