In late March, 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 July 1, 2026.
The 2022 rate action notifications will include John Hancock LTCI individual policies originally issued in Illinois, Missouri, Nebraska, New Jersey (plan sitused in Illinois), Ohio and Oklahoma.
John Hancock will continue the implementation of the 2022 rate increase for John Hancock LTCI individual policyholders in Minnesota and New Hampshire who received an initial “capped” or “phased-in” increase.
The 2022 rate action notifications will include Union LTCI individual policies originally issued in New Jersey (plan sitused in Illinois) and Washington.
John Hancock will continue the implementation of the 2019 rate increase for John Hancock LTCI individual policyholders in New Jersey who received an initial “capped” or “phased-in” increase.
John Hancock will continue the implementation of the 2016 rate increase for John Hancock LTCI individual policyholders in California 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.
