In late December, we will begin policyholder notifications on the next round of John Hancock and Fortis policies impacted by the in-force rate actions, which will have an effective date beginning with anniversaries on or after March 1, 2017.
We will continue the implementation of the 2013 rate increase for John Hancock LTCI individual policies originally issued in Arkansas and Oregon for policyholders who have received an initial “capped” or “phased-in” increase. Also impacted are Fortis LTCI individual policies originally issued in Ohio, Oregon, Nevada, and West Virginia. Additionally, we will continue the implementation of the 2010 rate increase for John Hancock LTCI individual policies originally issued in Maryland for policyholders who have received an initial “capped” increase.
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