skip to main content

Some Good News (at Last) for Long-Term Care Insurance

Some Good News (at Last) for Long-Term Care Insurance

Insurance companies are reaping the benefits of high interest rates due to an industry practice of investing portions of premiums in fixed-income securities until it's needed to pay claims. For long-term care (LTC) insurance providers, this is a much needed boost for a segment in high demand - both in policies and claims.

Partner F. Michael Zovistoski noted this easing of standards as good news for people seeking to purchase a policy, but also that it takes time to see effects on the consumer end of the marker. "The LTC insurance market continues to struggle,” he said. “We are seeing fewer new policies being written."


Read the full article published by Financial Advisor Magazine.

Have a Question?

Fill out the form to speak with our professionals

Hide Firm Disclaimer


UHY LLP is a licensed independent CPA firm that performs attest services in an alternative practice structure with UHY Advisors, Inc., and its subsidiary entities. UHY Advisors, Inc.’s subsidiaries, including UHY Consulting, Inc., provide tax and business consulting services through wholly owned subsidiary entities that operate under the name of “UHY Advisors” and “UHY Consulting”. UHY Advisors, Inc., and its subsidiary entities are not licensed CPA firms. UHY LLP, UHY Advisors, Inc. and UHY Consulting are U.S. members of Urbach Hacker Young International Limited, a UK company, and form part of the international UHY network of legally independent accounting and consulting firms. “UHY” is the brand name for the UHY international network. Any services described herein are provided by UHY LLP, UHY Advisors and/or UHY Consulting (as the case may be) and not by UHY or any other member firm of UHY. Neither UHY nor any member of UHY has any liability for services provided by other members.

On this website, (i) the term "our firm", "we" and terms of similar import, denote the alternative practice structure conducted by UHY LLP and UHY Advisors, Inc. and its subsidiary entities, and (ii) the term "UHYI" denotes the UHY international network, in each case as more fully described in the preceding paragraph.