John Hancock Long-Term Care Updates

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

In late March, we will begin policyholder notifications on the next round of John Hancock and Fortis (Union LTCI) policies impacted by the in-force rate actions, which will have an effective date beginning with anniversaries on or after July 1, 2024.

The 2022 rate action notifications will include John Hancock LTCI individual policies originally issued in Minnesota, Oklahoma, Pennsylvania and Texas.

John Hancock will continue the implementation of the 2019 rate increase for John Hancock LTCI individual policyholders in New Jersey who received an initial “capped” or “phased-in” increase.

John Hancock will continue the implementation of the 2019 rate increase for Union LTCI individual policyholders in Pennsylvania who received an initial “capped” or “phased-in” increase.

The 2016 rate action notifications will include John Hancock LTCI individual policies originally issued in California.

Please note: Producer notification packages are no longer available. You can now view your clients’ notification packages through our e-Delivery program by visiting www.jhsaleshub.com and registering for access to your online documents.