The top 10 U.S. long term care insurers paid about $11 million in daily benefits in 2010, according to the American Association for Long Term Care Insurance (AALTCI).
That amount is 53% higher than the daily amount paid by the same carriers in 2007 according to AALTCI, Westlake Village, Calif.
"Benefits paid by just these leading insurers totaled nearly $4 billion for the year, an amount that will keep growing as more aging policyholders qualify for benefits from their coverage," AALTCI Executive Director Jesse Slome says in a statement.
