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Transamercia enters Q-LTC market and stops selling NQ-LTC.

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  • Author(s): Koco, Linda
  • Source:
    National Underwriter / Life & Health Financial Services. 7/14/1997, Vol. 101 Issue 28, p7. 2p.
  • Additional Information
    • Subject Terms:
      Transamerica Occidental Life Insurance Co.; Insurance law
    • Abstract:
      Reports that the Transamerica Occidental Life, Los Angeles, has left the nonqualified long-term care market (LTC)and has entered the qualified long-term care insurance market with reference to the Health Insurance Portability and Accountability Act, 1996. Opportunities in the market the legislation will create for Transamerica; Comments from Claude Thau, senior vice president of LTC; Features of the policy; What the policy offers.