LTC Insurance Premiums – what to know about changes! Understanding Premium Adjustments in Long-Term Care Insurance is like knowing that LTC insurance premiums are not always fixed and can potentially increase over time. While insurance companies cannot raise premiums for individual policyholders based on their health, they can raise premiums for an entire “class” of policyholders, with state regulatory approval. The twist? Premium increases are not guaranteed, but they are a possibility to be aware of. Understanding the factors that can influence premium adjustments, like claims experience and economic conditions, is important for long-term financial planning. It’s like understanding that the price of gas can fluctuate – planning for potential changes is wise. Actionable Tip: Understand that prices and costs can change over time, especially for insurance and healthcare. Planning for potential changes and inflation is important for long-term financial security.