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Genworth Long Term Care Insurance





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William of Baltimore, MD September 13, 2009

FALLACY OF LONG TERM CARE INSURANCE-LTC SOLD BY GE NOW TWISTED INTO GENWORTH! WHICH AFFECTS BOTH STOCKHOLDERS OF GE & GENWORTH! OF WHICH I AM A STOCKHOLDER AND A GE/GENWORTH LTC INSURED! I AM BOTH A POLICYHOLDER OF LTC WRITTEN TO ME BY GE IN 1998, AND INVOLUNTARILY "TWISTED" INTO GENWORTH IN 2004, AND AS A STOCKHOLDER OF GE AND GENWORTH-GNW! I HAVE NOT TO DATE OF 9/11/2009, RECEIVED A REPLY FROM GE'S CEO J. R. IMMELT NOR GENWORTH'S CEO M. D. FRAIZER, TO THEIR ADDRESSED CORRESPONDENCE FROM ME ON SEPTEMBER 8, 2009, NOR FROM MY RELATED PREVIOUS CORRESPONDENCE OF AUGUST 22, 2009

Myself, at age 64, and my sister, age 73, and her husband, age 82, and numerous GE now twisted into Genworth LTC are suffering from delayed and now denied Genworth Long Term Care Insurance, that was enrolled with GE in the 1990's and now involuntarily twisted into being Genworth Insureds!

Joseph of Morristown, NJ July 12, 2008

Joseph of Morristown NJ (07/12/08)
Our long term care insurance premiums were hiked by 11% this month. We purchased this insurance when it was GE owned with the understanding that our premiums were locked in. Now that Genworth has assumed the insurance that rate lock has dissapeared.

Now we may have spiraling premiums and may have to give up coverage.

Claude of Rockville, MD February 21, 2008

Claude of Rockville MD (02/21/08)
I received a notice that a 9% premium increase will be made. This is a long-term care policy in effect since 1992. I see no justification for any increase since the policy pays a fixed dollar amount in event of a claim. It does not pay based on increased charges by care facility. My wife and I are both covered. We purchased early to assure affordable rate.

It is not practical to change insurance companies due to higher premium at our ages of 75 years. They seem to have us over a barrel.

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