Genworth is the only long-term care insurance company that considers medical histories of parents as basis for their rates. According to Jesse Slome, the executive director of AALTCI or American Association for Long-Term Care Insurance said that "Insurers are absolutely scrutinizing health conditions more, because they are paying a lot of money in claims." This is common in life insurance but this is a first in the long-term care industry. As of now, Genworth is the only carrier that considers family history as basis for the cost of long term care insurance.
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