April 2026 Industry News and Updates

April 14th, 2026

Nationwide launches CareMatters II in New York

Nationwide launches CareMatters II in New York, 4/13/26. Nationwide is introducing Nationwide CareMatters® II to the state of New York, a linked-benefit solution with more features than the original Nationwide YourLife® CareMatters.

Important dates:

April 13, 2026 - Ability to begin quoting CareMatters® II and CareMatters II applications available
May 4, 2026 - Application deadline for YourLife CareMatters
June 30, 2026 - Funding deadline for YourLife CareMatters

The Long-Term Care Crisis Annuity Market Rumbles

Lumos Insurance launches Immediate Care Plan in March 2026. It is a new underwritten single premium immediate annuity (SPIA) designed specifically for individuals already receiving long-term care. In today’s LTC crisis, this product offers a powerful option: enhanced, higher payouts based on shortened life expectancy through medical underwriting. It’s tailored for those who didn’t purchase LTC insurance earlier in life but now need reliable, guaranteed income to help fund ongoing expenses and protect what’s left of their savings.

This is the first of a suite of senior market and long-term care solutions we will launch in 2026, all backed by strong reinsurers.

Disclaimer: The opinions expressed within these blog posts are solely the author’s and do not reflect the opinions and beliefs of Certitrek, CLTC, or its affiliates.