Nationwide CareMatters® II price improvement effective April 1, 2024

Beginning April 1, 2024, Nationwide® is implementing a price improvement across all scenarios for the current CareMatters® II product effective in the state of California (CA). There will be a price decrease for all scenarios, which varies by the characteristics of the case.

In addition, to make CareMatters II more accessible to more clients, Nationwide has lowered the minimum LTC benefit from $2,500 a month to $1,500 a month. The minimum is $1,550 in California. South Dakota, Vermont and Wisconsin also require higher minimums.

Please see the attached for more details and applicable states where this change is taking effect.