There has been some consolidation in the long-term care (LTC) insurance market, but there are also many orphaned blocks as companies have pivoted away from LTC but retained the risk on their existing policies. These blocks present a wide range of business risks beyond the inherent LTC insurance risk. If not addressed, the potential impact to the company can be severe and, as time passes, the range of options to mitigate these risks becomes more limited.

This article was originally published in the December 2017 issue of Long-Term Care News.