Price Decrease on Asset-Based Long-Term Care Product Portfolio

INDIANAPOLIS ─ (May 31, 2022) ─ OneAmerica®, a national provider of insurance and financial services, has announced a reprice within its Care Solutions product portfolio asset-based long-term care products. On May 26, the companies of OneAmerica decreased its premiums for the Care Solutions portfolio of products nationwide.

The price decrease reflects the company’s strong commitment to the long-term care protection market. OneAmerica can implement these lower prices because of rising interest rates and the current economic landscape – passing along cost savings and increased value to customers. By building and pricing products in a responsible and sustainable way, the products can stand the test of time.

“OneAmerica has more than 30 years of experience in this specialized industry – not just in selling asset-based long-term care protection, but, more importantly, in managing and paying the claims of our customers,” said Jeff Levin, Vice President of Distribution, Care Solutions. “We have combined our years of experience and data, integrated our knowledge around rising interest rates and used financial fundamentals to reprice the product. We’re excited to offer cost savings to our customers at a time when everyone could use a little financial relief.”

The change in price is on the “base” life insurance premiums only. The Continuation of Benefits (COB) premiums remain unchanged.

Price Change Details:

  • Single and recurring premiums decreased between 0 and 15% on the life premium, grading off at older ages (no change to the 5- and 10-year payment options)
  • Package premiums (combining the life and COB premiums decreases by about 8%)
  • The bonus on the Annuity Funded Whole Life plan has returned to 20%.

In the asset-based long-term care space, OneAmerica offers the following distinctive features within its Care Solutions product portfolio:

  • joint benefits
  • flexibility of plan design and funding options
  • ability to use qualified assets for policy funding
  • lifetime benefits

Serving as a trusted provider of asset-based long-term care products, OneAmerica has been helping families through challenging times for decades, and that will continue.


Jonathan D. Neal
Public Relations Manager, OneAmerica
765.524.1901 [email protected] 


OneAmerica® is the marketing name for the companies of OneAmerica. Products issued and underwritten by The State Life Insurance Company® (State Life), Indianapolis, IN, a OneAmerica company that offers the Care Solutions product suite. Not available in all states or may vary by state.

About OneAmerica

A national provider of insurance and financial services for more than 140 years, the companies of OneAmerica help customers build and protect their financial futures. OneAmerica offers a variety of products and services to serve the financial needs of their policyholders and customers. These products include retirement plan products and recordkeeping services, individual life insurance, annuities, asset-based long-term care solutions and employee benefit plan products. Products are issued and underwritten by the companies of OneAmerica and distributed through a nationwide network of employees, agents, brokers and other sources who are committed to providing value to our customers. To learn more about our products, services and the companies of OneAmerica, visit