Columnist Calls for Regulation of Long-Term Care Insurance
Though Americans are being encouraged to purchase long-term care insurance, the market is akin to the "Wild West," with its complicated pricing and marketing structures, Los Angeles Times columnist Michael Hiltzik writes. Noting examples where consumers have been subject to high rate increases, Hiltzik calls for more to be "done to keep millions of Americans from being scammed."
- "Long-Term Care Policies: Pouring Money Down a Hole?" (Hiltzik, Los Angeles Times, 4/7).