From the carrier: “Transamerica Life Insurance Company remains committed to you and to the long term care insurance market. As such, it’s important that we modify our premium rates for new TransCare® II and TransCare® III business to reflect actual claims experience by policyholders. These rate changes will also maintain consistency in our pricing across our product portfolio which will allow Transamerica Life Insurance Company to remain highly competitive within the marketplace.
These refreshed rates are exclusively for new sales of TransCare® II and TransCare® III in the state of New Jersey and will become effective 7 a.m. CT February 1, 2018.”
Full details and transition deadlines can be found here.