
Harry Markopolos, a noted whistleblower, states GE is on the hood for long term care contracts. As a former financial advisor, who cost long term care, the industry is a bit shaky.
. NEW YORK, Aug 20 (Reuters) – General Electric Co ranks among the riskiest backers of long-term care insurance, suffering from both high exposure to claims and a relatively small cash pile to pay them, Fitch Ratings said in a report on Tuesday.