With the First National Short-Term Care Insurance Summit under a month away, we have an update from the National Advisory Center for Short-Term Care on STCi new business premium increases in 2016.
STCi New Business Premium Up 13 Percent in 2016 | InsuranceNews Net | March 23, 2017
New business premium for short-term care insurance policies (STCi) rose 13.2 percent in 2016 over the previous year as agents continue to show interest in the product line, according to new data released Wednesday.
The number of STCi policies grew by 16.6 percent in 2016, the National Advisory Center for Short-Term Care Information reported.
The STC Insurance Summit will be held in conjunction with the Medicare Supplement Summit in Dallas, Texas from April 11-13, 2017. Click here to see program details for both products.
CSG Actuarial will be releasing our updated Short-Term Care Competitive Intelligence Guide very soon. This comprehensive guide provides detailed information on the carriers competing in the STCi market and includes benefit designs, underwriting criteria, and premium rates. Click here to download a sample of our STCi guide, or to see our other available competitive intelligence guides, products, and services.