Yes, long term care benefits program rates can increase, unless they are issued as “guaranteed rates.”

Your rates will not change because you get older or your health changes or for any other reason related solely to you. However, your rates may increase if you are among a group of enrollees whose rates is determined to be inadequate.

Of course, if you elect an increase in your benefits (such as with the future purchase option), your rates would increase accordingly.

Insurance companies and Health Care Sharing Ministries (HCSM) use the National Association of Insurance Commissioners (NAIC) model pricing guidelines for any premium adjustments