Clinton; Obama Call For Investigation Of Long Term Care Insurance Abuses
March 29, 2007Members of Congress are calling for investigations into alleged long-term-care-insurance abuses just as the government is set to release its latest survey, showing a 97% satisfaction rate among policy claimants. This follows a report in the New York Times of a high number of claims being denied, and practices that make it “difficult – if not impossible – for policyholders to get paid.” Sen. Barack Obama, D-Ill., and Sen. Hillary Rodham Clinton, D-N.Y., have each requested that the Government Accountability Office, which provides Congress with research on public-policy issues, conduct a study of the LTC industry.
