Inflation protection must be included in all long-term policies delivered in Ohio unless?

• A. The inflation rate is below a specified level
• B. The policyholder rejects the coverage in writing
• C. The policyholder elects a coverage percentage equal to reasonable charges
• D. The policy contains a premium rate guarantee

Answer: (B)

Inflation protection helps long-term care benefits keep pace with rising care costs. In Ohio, every long-term policy delivered must include this protection unless the policyholder explicitly signs a written waiver to decline it. The waiver option gives consumers flexibility to avoid higher premiums if they choose, but it means future benefits won’t automatically increase. The other scenarios aren’t how this regulation works: the requirement isn’t dependent on a specific inflation rate, a chosen percentage of charges, or a premium rate guarantee.