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Expert Says Conseco Trust May Significantly Alter The Senior Health Care Market
Date:10/27/2008

-Term Care," says Darras.

The Conseco situation demonstrates how many Long-Term Care carriers low-balled the market. After overselling and under-pricing LTC, they cannot be surprised they are losing their claim shirts, says Darras.

"Conseco should be held accountable to its many senior policyholders. After all, what did they do wrong? These people believed the promise and paid their premiums on time, every time," says Darras.

"All we want as policyholders is our benefits if we deserve them. None of us can finance disaster, that's why we buy insurance. Shop wisely and remember to hold your insurer accountable," says Darras.

Our seniors cannot afford to pay ever increasing premiums on a fixed income, only to be denied their benefits when they need them the most, says Darras. If you are wrongfully denied your benefits get help. Understand what you bought, how your policy works so you can get paid what you deserve.


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SOURCE Frank N. Darras
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