According to the American Association for Long-term Care Insurance, almost 8.1 million Americans own long-term care insurance policies.  Often, however, they pay their premiums year after year without understanding the value of those benefits because all their insurance carriers send at renewal time is a simple invoice.

Therefore, it's good to see John Hancock introducing a "Current Statement of Benefits" for policyholders buying their newest policy series.  Take a look below - the statement of benefit allows a policyholder to view their current benefit pool and the growth in the pool. 

Let's hope this is a trend and more policyholders can see their current, inflation adjusted benefits at a glance.