Slow down the stork: Preterm deliveries are costing your plan  

 

 

The end of group long-term care insurance?

 

With interest rates at historic lows and major insurers exiting the business, the future of group LTC insurance is unclear

  

By Brian M. Kalish May 1, 2012 There are questions about the future of the group long-term caremarket, as two insurers have stopped offering theproduct in the past 17 months.      In November 2010, MetLife announced it would discontinue the sale of new LTC insurance, and Unum announced it would do the same for group sales in February. This leaves just two companies - Genworth and Prudential - offering group LTC insurance.  [Read more]

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Source:  Employee Benefit News article used by permission  

 

 Case Reinforces Three COBRA Truths   

 "No harm, no foul" is a common expression heard on basketball courts. It does not play so well inside a court room where COBRA is the issue.

In the case of Fleck v. WILMAC Corporation, the employee was terminated after several ankle surgeries and FMLA leave. The employer promised to send a COBRA notice when her group health coverage expired. The ex-employee assumed this coverage would expire in the month she was terminated. She assumed wrong.  [Read more]

 

    

   

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