Next round of in-force rate action notifications to take place in late May

In late May, we will begin policyholder notifications on the next round of John Hancock and Fortis policies impacted by the in-force rate actions, which will have an effective date beginning with anniversaries on or after September 1, 2022.

The 2019 rate action notifications will include John Hancock LTCI individual policies originally issued in Arkansas, Delaware, Georgia, New Mexico, North Carolina and South Carolina.

The 2016 rate action notifications will include John Hancock LTCI individual policies originally issued in Rhode Island. John Hancock will continue the implementation of the 2016 rate increase for John Hancock LTCI individual policyholders in Massachusetts who received an initial “capped” or “phased-in” increase. The 2016 rate action notifications will include Fortis LTCI individual policies originally issued in Vermont. John Hancock will continue the implementation of the 2016 rate increase for Fortis LTCI individual policyholders in New Hampshire and New Jersey (Trust plan sitused in Illinois) who received an initial “capped” or “phased-in” increase.

The 2013 rate action notifications will include John Hancock LTCI individual policies originally issued in Rhode Island. The 2013 rate action notifications will include Fortis LTCI individual policies originally issued in Rhode Island.