Navigation Links
Conning Research: Long Term Care Insurance Industry Continues to Search for Broader Market
Date:4/2/2008

- Industry market penetration stalled at just 9 percent

HARTFORD, Conn., April 2, 2008 /PRNewswire/ -- The long term care insurance industry may need to re-examine its value proposition to break out of the small subset of current clients and serve the broader market, according to a new study by Conning Research and Consulting.

"Today, Long Term Care Insurance is sold primarily by specialist agents to a niche market of affluent and risk-averse seniors," said Terence Martin, analyst at Conning Research & Consulting. "Over the past few years long term care sales growth has declined in both individual and group markets despite the best efforts of insurers. We have sized the potential market for Long Term Care Insurance and estimate that the current industry penetration is just 9 percent."

The Conning Research study, "Long Term Care Insurance: Searching for the Value Proposition," quantifies the market need and potential market scope, and identifies the current product features and pricing challenges. Further, the study presents potential industry responses to flagging growth.

"Despite considerable product innovation over the past few years, the Long Term Care Insurance industry's solutions still do not resonate with the broader market," said Stephan Christiansen, director of research at Conning. "Incremental product and pricing innovation and consumer education continue in an attempt to bridge this gap, but it is likely not enough to ensure significant consumer understanding and acceptance. It may well be time for the industry to rethink the entire product offering in an effort to break new ground and change the value proposition."

"Long Term Care Insurance: Searching for the Value Proposition" is available for purchase from Conning Research & Consulting, by calling (888) 707-1177 or by visiting the company's web site at http://www.conningresearch.com.

About
'/>"/>

SOURCE Conning Research & Consulting
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2

Related medicine news :

1. New EBRI/Commonwealth Fund Research: Enrollment in Consumer-Driven Plans Remains Low, Survey Shows
2. Experimental Biology 2008 Todays Research: Tomorrows Health, April 5-9
3. Manhattan Research: ePharma Consumer(R) Research and Advisory Service Now Available
4. Majority of U.S. Doctors Back National Insurance Plan
5. Indiana University study finds majority of US physicians favor national health insurance
6. PEMCO Insurance Organizes Roadside Chainsaw Woodcarving Competition to Replace a Beloved Federal Way Icon
7. Consumer Advocates Call for Governor to Make Good on His Promise to Protect Patients From Illegal Cancellations of Health Insurance
8. Guardian Expands Dental Benefit Options Helps Small Business Owners Lower Insurance Cost
9. Long Term Care Insurance Agency Wins 4 Marketing Excellence Awards
10. North American Insurance Leaders, Inc. Announces Results of the Annual Meeting of Stockholders
11. Life Denied: Nurses, Family of Sick Teen March on Health Insurance Company Tuesday
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:11/23/2014)... 2014 Nearly 260 testosterone lawsuits ... deep vein thrombosis and other serious cardiovascular events ... litigation (MDL) underway in the Northern District of ... documents updated on November 17th by the U.S. ... filing of 259 lawsuits against the makers of ...
(Date:11/23/2014)... 23, 2014 (HealthDay News) -- The holidays can be ... sensory overload can trigger major meltdowns, an expert says. ... best of circumstances, but when you have children with ... an occupational therapy professor at University of the Sciences ... "It,s best to let your hosts or visitors know ...
(Date:11/23/2014)... November 23, 2014 This evaluation ... as its significance, programs and manufacturing technological innovation. ... suppliers major market gamers in information. In this ... specifications, prospective, manufacturing value, and 2009-2014 market shares ... evaluation symbolizes the globally and Chinese suppliers finish ...
(Date:11/23/2014)... SWAccessControl.com's high quality access control power suppliers are ... announced its new collection of power suppliers. Additionally, it ... power suppliers. All the new models come with big ... until Dec. 20, 2014. , SWAccessControl.com has thousands of ... it for a long time. It is very wise ...
(Date:11/23/2014)... AngelWeddingDress.com has recently updated ... of beach wedding dresses. “If you are looking for ... as soon as possible. Here you can enjoy 70% ... says. , Holding a big marriage ceremony is the ... beautiful beach wedding dress is uppermost priority. Ophelia, one ...
Breaking Medicine News(10 mins):Health News:Testosterone Lawsuits Approach 260 in Illinois Federal Court Litigation, Bernstein Liebhard LLP Reports 2Health News:Testosterone Lawsuits Approach 260 in Illinois Federal Court Litigation, Bernstein Liebhard LLP Reports 3Health News:Holidays Can Be Sensory Overload for Kids With Autism 2Health News:Femoral Stems Industry 2014 Analysis & 2019 Forecasts for Global and Chinese Region in New Research Report at ReportsnReports.com 2Health News:Femoral Stems Industry 2014 Analysis & 2019 Forecasts for Global and Chinese Region in New Research Report at ReportsnReports.com 3Health News:Femoral Stems Industry 2014 Analysis & 2019 Forecasts for Global and Chinese Region in New Research Report at ReportsnReports.com 4Health News:Cheap Access Control Power Supplies Online Now at SWAccessControl.com, Special Offer Until Dec. 20, 2014 2Health News:Beach Wedding Dresses Added to Outstanding Online Dress Company AngelWeddingDress.com 2
... ... Improvement, FT. LAUDERDALE, ... operations through general cost containment,and revenue enhancement initiatives, key service line ... have,issued Broward Health,s bond ratings. Moody,s Investor Services reaffirmed its ...
... with high blood pressure are less likely than other ... about lifestyle modifications that can help lower their blood ... addition, hypertension (high blood pressure) patients who are not ... or obese are less likely to receive lifestyle modification ...
... Millar Instruments, Inc.,developer and manufacturer of Mikro-Tip(R) ... the launch of its MPVS,Ultra(TM) P-V system for ... MPVS Ultra simultaneously and continuously measures high-fidelity,left ventricular ... of,animals ranging in size from transgenic mice to ...
... Available Online, PRINCETON, N.J., Nov. 2 Nelson Shanks has,depicted ... President Ronald Reagan, Lady Margaret Thatcher,Pope John Paul II, and Luciano ... Jersey is honored to partner with one of the,world,s preeminent portraitists ... An Evening with ...
... Christopher Warren to Cover Medical Devices, ARLINGTON, Va., ... ) (FBR Capital Markets) today announced that,Christopher Warren has ... Senior Research Analyst within its healthcare group and will,focus ... ten years of experience in equity research, and we,value ...
... to be Presented at AASLD Meeting, TAMPA, ... company, today announced results of a,randomized phase II ... chronic hepatitis C genotype 4 receiving nitazoxanide plus,the ... (SVR), or,undetectable level of virus, 12 weeks following ...
Cached Medicine News:Health News:Broward Health Rating Upgraded 2Health News:Broward Health Rating Upgraded 3Health News:Elderly with high blood pressure less likely to get lifestyle modification advice from doctors 2Health News:Millar Instruments Launches Complete Pressure-Volume System for Large and Small Animal Models 2Health News:Distinctive Art Auction Supports American Red Cross of Central New Jersey 2Health News:FBR Capital Markets Hires Senior Healthcare Analyst 2Health News:Phase II Study Shows that Nitazoxanide Significantly Improves Response to Standard of Care in Patients with Chronic Hepatitis C 2Health News:Phase II Study Shows that Nitazoxanide Significantly Improves Response to Standard of Care in Patients with Chronic Hepatitis C 3Health News:Phase II Study Shows that Nitazoxanide Significantly Improves Response to Standard of Care in Patients with Chronic Hepatitis C 4
(Date:11/23/2014)... 23, 2014 Anthera Pharmaceuticals, Inc. (Nasdaq: ... Truex , President and Chief Executive Officer, will present ... Healthcare Conference. Anthera will present at ... Hotel in New York City . ... Pharmaceuticals is a biopharmaceutical company focused on developing and ...
(Date:11/22/2014)... , Nov. 22, 2014  New data demonstrates ... the most common form of female sexual dysfunction, Hypoactive ... function or driving performance in premenopausal women when taken ... Medicine Society of North America,s ... Miami . SMSNA accepted this ...
(Date:11/22/2014)... BEACH, Calif. , Nov. 21, 2014   Long ... Dental implants are often called the gold standard in tooth ... They are a stable, long-lasting way to restore and preserve ... dental implants to replace a missing tooth or as a ... completely transform the look and feel of a smile. ...
Breaking Medicine Technology:Anthera Pharmaceuticals to Present at Annual Piper Jaffray Healthcare Conference 2Study on Efficacy and Sedation-Related Safety of Flibanserin in Premenopausal Women Released Today at Sexual Medicine Society of North America Meeting 2Study on Efficacy and Sedation-Related Safety of Flibanserin in Premenopausal Women Released Today at Sexual Medicine Society of North America Meeting 3Long Beach Dentist, Dr. Rassouli, is Now Offering Dental Implants 2
... Vitoss engineered to ... porosity and structure. -TCP ... well in spinal arthrodesis ... defects due to trauma ...
... provides anterior column support for single or ... to L5. The system consists of one ... that are stacked to a desired height, ... fiber reinforced polymer material emulates the biomechanical ...
... Isotis obtained the CE mark for its synthetic ... all the hallmarks of a smart material, i.e. ... motion a cascade of events in the musculo-skeletal ... accelerated skeletal repair and improved fusion, and reduces ...
... Osteon Bone Graft Substitutes a natural alternative ... cadaver bone, but such grafts may introduce ... transmission. Interpore Cross has developed the Pro ... address these needs, offering surgeons a broad ...
Medicine Products: