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Long-Term Insurance Premiums

InsuranceEUGENE, Ore. — Premiums are going up for long-term care insurance, by about 26 percent.

About 30,000 Oregonians currently have policies to pay for care at home or in assisted-living facilities or nursing homes. The Oregon Insurance Division has received nearly 40 rate increase requests.

The reason: policy holders have been living longer, so they’re using more benefits.

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