Description: Issues relating to the1998 Balanced Budget Act BBA on Medicare Supplement Carriers. Discusses High-Deductible options, open enrollment provisions, pre-existing condition limitations, new provider payment methods and preventive benefits Issue No. 36.

Description: This is a chart on missed assumptions impact on Long Term Care Insurance ROE from an article in The Actuary Magazine entitled Long-Term Care is Poised for Growth.

Description: This is a graphic that depicts the real risk of needing long-term care.

Description: Panelists discuss impact of the MMA on Medicare Supplement policies, on Medicare Part D, on Medicare Advantage policies, and on employers. Session 16PD of the 2005 Valuation Actuary Symposium.

Description: The panel offers a summary of the Medicare Modernization Act signed into law in 2003, which implemented sweeping changes to the Medicare program. Topics include Medicare Advantage, the impact on Medicare Supplement, Part D, and the impact on retiree health plans. From Record of Society of Actuaries, Vol. 30, No. 3, Session 127

Description: This web page contains a link to a research report that highlights the characteristics of combination plans that serve to reduce the risks to insurers issuing life or annuity products linked to long-term care insurance. Observations are provided to assist in the understanding of the factors that explain the profit change sensitivity results and the natural hedging against major risks that inherently is present within the linked products.

Description: This is a chart that estimates spending on long-term care for older adults in the year 2004 from an article entitled Long-Term Care is Poised for Growth.

Description: The Deficit Reduction Act of 2005 established the nationwide expansion of a Long–Term-Care Partnership program into which any state can choose to participate. This article describes that program and what it means for a person insured under a qualifying long-term-care insurance policy.

Description: Despite a clear need and demographics which should be favorable to LTCI growth, the market remains stalled due to lack of understanding on the consumer side, and uncertainty on carriers' side. The 3 key risk areas for carriers are morbidity, terminations, and investment earnings. Financial market innovations which can address these include: repackaging risks as derivative securities, interest rate swaps and options, and inflation swaps.

Description: The implications of the new long-term care law for individuals, employers, insurers and providers, and the federal government.