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New Group LTC Sales Take A Breather.(new long-term care insurance enrollments slow)

New figures from LIMRA International show U.S. carriers had better luck with expanding existing group long-term care insurance accounts in 1998 than with placing new contracts.

Carriers increased total group long-term care enrollment 12.6 percent, to 644,871 members, and total group LTC premium revenue 12.3 percent, to $287.5 million, LIMRA reported.

Meanwhile, premium revenue from newly placed group contracts held steady at $34.5 million, and enrollment in the new contracts fell 6.6 percent, to 83,405.

Carriers actually sold new group long-term c

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