Until now, insurers have charged the same premiums regardless of gender for the [long-term-care insurance] policies, which help pay for future nursing-home, assisted-living and home care. But beginning early next year, Genworth Financial, the country's largest long-term-care insurer, plans to start charging women applying for coverage as much as 40% more than men.
The move is designed to better reflect the risks involved in covering women, who are paid two out of every three benefit dollars from long-term-care insurance, in part because they live longer and often have no caregivers at home, according to the American Association for Long-Term Care Insurance, a trade group based in Westlake Village, Calif.
Other insurers are expected to follow Genworth's lead, says Jesse Slome, the association's executive director.
28 Kasım 2012 Çarşamba
Women To Pay More Than Men For Long Term Care Insurance
To contact us Click HERE From The Wall Street Journal, "Women Face Higher Costs" by Kelly Greene: