June 30, 2021

Examining the State of the Long-Term Care Insurance Hybrid Market

Webinar

Overview

Join Faegre Drinker for an engaging and informative discussion about the current state of the long-term care insurance (LTCi) hybrid market and its future. Our Partners Sandy Jones and Nolan Tully will be joined by Cheri McCourt, assistant general counsel at Northwestern Mutual, to share their insights on LTCi hybrid issues including:

  • A market shift towards brisk sales of hybrid products and away from stand-alone LTCi
  • Key features of LTCi hybrid products and related legal/regulatory considerations
  • The future of the LTCi hybrid market, including: 
    • Can products be designed to reach the middle market?
    • Can this product fill the LTC funding gap or even reduce population-wide reliance on Medicaid for LTC?
    • Are there products or features that could enhance the usefulness of hybrid products by, for instance, introducing wellness incentives for policyholders?
  • Litigation risks to riders/hybrids connected with sales and product confusion

Speakers

  • Sandra K. Jones, Partner, Faegre Drinker
  • Cheri McCourt, Assistant General Counsel, Northwestern Mutual
  • Nolan Tully, Partner, Faegre Drinker

Questions? Please contact Kassie Weld or call +1 612 766 7308.

Continuing Education Credit

This program has been approved only for the following continuing legal education credits:

  • California: 1 participatory hour of general credit
  • Colorado: 1 live hour of general credit
  • Illinois: 1 hour of general credit
  • Indiana: 1 distance hour of substantive general credit
  • New Jersey: 1 distance hour of CLE credit
  • New York: 1 non-traditional hour of professional practice credit for both newly admitted and experienced attorneys
  • Pennsylvania: 1 live hour of substantive law, practice, and procedure CLE credit
  • Texas: 1 hour of general credit

Faegre Drinker Biddle & Reath LLP (Faegre Drinker) has been certified by the New York Continuing Legal Education Board, the Pennsylvania Continuing Legal Education Board, and the Illinois Minimum Continuing Legal Education Board as an Accredited Provider of continuing legal education. Faegre Drinker is a Certified Provider, as recognized by the Colorado Supreme Court Continuing Legal Judicial Education Committee and a State Bar of California approved MCLE provider. Faegre Drinker is an Approved Sponsor with the Indiana Commission for Continuing Legal Education and an accredited provider approved by the State Bar of Texas, Committee on MCLE.

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