system
A chat on subreddit /r/wallstreetbets
human
I've been floating an idea in my mind for a while now, that GE \*could\* spin off the LTC part of the business so long as they keep the 18b in reserves in that spin off. That way the company is wholly limited in is liability from its subsidy then go to the state and basically hold them at gun point. Either you find a way to limit health care cost, or you need to subsidize the cost now since nobody else is willing to sell LTC policies.

gpt
To my knowledge, they have already done this as much as possible with Genworth.