LTC insurance payouts rose as prices dropped last year, group says

Payouts for long-term-care insurance claims rose about 4% to $8.15 billion last year, the American Association for Long-Term Care Insurance says. Meanwhile, prices for long-term-care insurance were down as much as 9% in the past year, according to the group's 2016 Long-Term Care Insurance Price Index. InsuranceNewsNet online (2/15)