Financial, the largest U.S provider of long-term care insurance has plans to
charge some women higher premiums than men for the same health cover according
to Kaiser Health News reports. This would apply to women who bought new individual
long-term care policies.
"Claims experience shows that two out of three of
Genworth's current claim dollars are paid to women," Genworth Financial
spokesman Tom Topinka wrote in an email to The Huffington Post on Saturday.
"Our decision to charge women applying individually for long term care
insurance higher premiums than men beginning this April has nothing whatsoever
to do with The Affordable Care Act."
from 2014, Obamacare will ban gender discrimination in the pricing for
small-group and individual health insurance policies. According to the Center
for American Progress, presently - women pay $1 billion more in premiums than
men. This may be due to the fact that women require more health care facilities
than men. Though from 2014, Obamacare will ban insurance companies from denying
insurance coverage to women.
(IRDA Licence Number: 2710062)
Bonnie Kavoussi, 3rd