In late May, 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 September 1, 2026.
The 2022 rate action notifications will include John Hancock LTCI individual policies originally issued in Colorado, Kansas, Montana, New Mexico, North Dakota, South Carolina, Tennessee, Texas and Vermont.
The 2022 rate action notifications will include Union LTCI individual policies originally issued in North Dakota and Tennessee.
The 2019 rate action notifications will include Union LTCI individual policies originally issued in Colorado.
John Hancock will continue the implementation of the 2016 rate increase for John Hancock LTCI individual policyholders in Rhode Island who received an initial “capped” or “phased-in” increase.
John Hancock will continue the implementation of the 2013 rate increase for John Hancock LTCI individual policyholders in Rhode Island 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.