Thank you for sharing!

Your article was successfully shared with the contacts you provided.
The two companies have agreed to liquidate their $600 million of assets in the face of more than $4 billion of liabilities that they won’t be able to pay. (Photo: iStock)

A lot of people made the wrong bet on long-term care and now they’re paying dearly.

Jack Craver


Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.