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Women Face Higher Costs

November 26, 2012

Shopping for long-term-care insurance is about to get even trickier for families—and potentially costlier.

Until now, insurers have charged the same premiums regardless of gender for the policies, which help pay for future nursing-home, assisted-living and home care. But beginning early next year, Genworth Financial, GNW -0.18% the country's largest long-term-care insurer, plans to start charging women applying for coverage as much as 40% more than men.

Read the full story: http://on.wsj.com/WJKYhZ

Source: The Wall Street Journal