In late August, we will begin policyholder notifications on the next round of John Hancock and Fortis (Union LTCI) policies impacted by the in-force rate actions, which will have an effective date beginning with anniversaries on or after December 1, 2025.
The 2022 rate action notifications will include John Hancock LTCI individual policies originally issued in Iowa, Maine, Maryland and Mississippi.
John Hancock will continue the implementation of the 2022 rate increase for Union LTCI individual policyholders in Colorado, Nebraska, North Carolina and Virginia who received an initial "capped" or "phased-in" increase.
John Hancock will continue the implementation of the 2019 rate increase for Union LTCI individual policyholders in Colorado who received an initial "capped" or "phased-in" increase.
Please note: To view your clients' notification packages through our e-Delivery program, visit www.jhsaleshub.com and register for access to your online documents.
