MedAmerica is no longer selling LTCI policies. Can they still raise rates? Thank you. Frank

Yes Frank, they can. The policies are all guaranteed renewable which means they can’t be cancelled. It also means the premium can go up only on an entire class, not on the individual policyholder. Depending on your age, health and resources, you may be able to buy a hybrid (combo) plan that combines either life insurance or an annuity with LTC insurance for a guaranteed premium. This could allow you to reduce your MedAmerica benefits which would lower your premium. If this idea appeals to you, please reserve a time with me so we can discuss if this solution is a fit for you. Please reserve a time in the first column (Telephone 1) if you would like my help. http://www.gotltci.com/ltciconsultations/suzeorman/