In late October, 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 February 1, 2027.
The 2022 rate action notifications will include John Hancock LTCI individual policies originally issued in Louisiana, Montana, Nevada, Rhode Island and Wyoming.
John Hancock will continue the implementation of the 2022 rate increase for John Hancock LTCI individual policyholders in Connecticut, Hawai'i, North Carolina and Texas who received an initial “capped” or “phased-in” increase.
The 2022 rate action notifications will include Union LTCI individual policies originally issued in Iowa, Montana and Nevada.
John Hancock will continue the implementation of the 2019 rate increase for John Hancock LTCI individual policyholders in Hawai'i 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.
