Long-Term Care Costs Increase in New Hampshire, Exceeding National Costs
1. Long-term care costs in New Hampshire surpassed national averages. 2. This trend may increase demand for GNW's insurance products.
FAQ
Why Bullish?
The rising long-term care costs may lead to higher demand for GNW's insurance, boosting revenue. Similar trends in the past have benefitted insurance providers.
How important is it?
Rising costs in long-term care services create market opportunities for GNW, indicating a direct relevance to their product offerings.
Why Long Term?
The ongoing increase in long-term care costs suggests a sustained demand over time, which can enhance GNW's growth prospects.