Aged, Frail and Screwed by Insurance...

Bad news if you've been paying into long term care insurance. Your company may be planning to stiff you in the end.

From the New York Times:

"Interviews by The New York Times and confidential depositions indicate that some long-term-care insurers have developed procedures that make it difficult — if not impossible — for policyholders to get paid. A review of more than 400 of the thousands of grievances and lawsuits filed in recent years shows elderly policyholders confronting unnecessary delays and overwhelming bureaucracies. In California alone, nearly one in every four long-term-care claims was denied in 2005, according to the state."