Today, the Boston Globe reports that Blue Cross Blue Shield in Massachusetts is in talks of combining operations or perhaps even merging Excellus of Rochester, NY.  This has some important implications for long-term care insurance.

Implications for long-term care insurance?

Because Excellus offers long-term care insurance, there is speculation that MA policyholders may be offered the option to purchase LTCi from the nonprofit insurer at some point in the future.  For now, however, there are no products available and local favorite John Hancock is still a great option for residents interested in the possibility of long-term care insurance.

This entry was posted on Friday, December 26th, 2008 at 10:47 pm and is filed under Current Events. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.