Long-term Care Health Insurance “Inflation Protector” Charges – Class Action Investigation
McCune Wright LLP is investigating reports of automatic rate hikes for long-term care policy holders of Prudential. Prudential is reportedly charging certain customers for an “Inflation Protector” charge, which can represent a 45% increase in annual premium costs. This is a change from past practices, when Prudential customers were given the option of opting in to the inflation protection coverage. If you or someone you know is a long-term care policy holder with Prudential or has had to pay an automatic “Inflation Protector” charge, please contact the attorneys at McCune Wright for a free consultation.