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Long-term care insurance premiums are rising again in Pennsylvania, by a lot. Here’s why.
Long-term care policyholders faced with painful rate hikes are in a bind: Cancel coverage and forfeit money paid over the years to the carrier or accept skimpier benefits.
![FILE photo shows an elderly couple. Long-term care insurance is a critical tool used by the older population to pay for assistance with day-to-day activities such as bathing, dressing and eating meals.](https://www.inquirer.com/resizer/v2/REZBVEMPMZGQ7OC6KWYJKN7FFA.jpg?auth=007e5b0d803297e577dfac7264603a6966affd419ddb805d5d486f747657b300&width=760&height=507&smart=true)