Archive for June, 2009

The financial challenges encountered by the insurance industry throughout the business downturn have been widely reported. As the downward pressure eases, changes in insurance products are starting to emerge.
As one indicator, it appears that a long historical decline in the price of term life insurance policies has ended. My colleague at Longevity Alliance,… »

For anyone with an interest in health care reform, I highly recommend an article in the New Yorker magazine written by Dr. Atul Gawande. The article sets out to determine why health care is so much more expensive in some geographic locations than others. This is especially important because there is no evidence… »

Startling data was published by a trade group regarding the purchase of long term care insurance. Individual sales of long term care insurance (measured by premium dollars) declined 34% in the first quarter of 2009 compared to the first quarter of 2008. This comes on top of sales figures that have been flat… »