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FASB Targeted Improvements Will Affect Long Term Care
insurance accounting and how they will impact valuation processes for Long Term Care. Deferred acquisition ... care insurance=LCTI;Long-term care reserves;Valuation actuary 6442483508 4/1/2018 12:00:00 AM ...- Authors: Bryn Douds
- Date: Apr 2018
- Competency: Professional Values>Practice expertise
- Publication Name: Long-Term Care News
- Topics: Financial Reporting & Accounting>Generally Accepted Accounting Principles [GAAP]; Financial Reporting & Accounting>International Accounting Standards Board [IASB]; Long-term Care>Long-term care insurance
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Riding the Waves
Riding the Waves Preview of the December 2007 issue ... of the LTC Section news, including articles on individual claims, retrospective reserve testing, population ...- Authors: Bruce Stahl
- Date: Dec 2007
- Competency: Communication>Written communication; Professional Values>Practice expertise; Strategic Insight and Integration
- Publication Name: Long-Term Care News
- Topics: Actuarial Profession>Professional associations; Long-term Care>Long-term care insurance
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Challenges of Runoff LTC and Outsourcing to Mitigate Risk
Challenges of Runoff LTC and Outsourcing to Mitigate Risk Runoff LTC blocks present a wide ... long-term care insurance;long-term care;Business Risk;Valuation, Modeling, and Financial Reporting 6442485493 ...- Authors: Jeffrey Anderson, Van Beach
- Date: Dec 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance
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Get Ready for New LTC Insurance Experience Forms!
Long-Term Care News | DECEMBER 2009 | 29 tablE 2 new ltC Experience Forms – Key Components and ... Persistency Against Valuation Expected - Reports Open and New Claim Counts - Reports Individual and Group Business ...- Authors: Allen J Schmitz, Christopher Giese
- Date: Dec 2009
- Competency: Communication>Written communication; Professional Values>Practice expertise
- Publication Name: Long-Term Care News
- Topics: Financial Reporting & Accounting; Long-term Care
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Moving Beyond Retrospective Testing for LTCI Reserves
them to the sum of paid claims following the valuation date and the estimated remaining reserve. But ... hypothetical valuation assumptions as shown in Table 1 for a cohort of 1,000 claimants. The table shows expected ...- Authors: Allen J Schmitz, Daniel A Nitz
- Date: Dec 2007
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Financial Reporting & Accounting; Long-term Care
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2013 ILTCI Conference Recap
Inc., repre- sented the point of view of the individual agent. All three agreed that the LTCI Specialist ... investigating a suspect claim. The ‘Claims Round- table’ session (back by popular demand) allowed the audience ...- Authors: Laurel Kastrup, Jenny Goodyear, David Benz, Sandra Latham, Sharon Reed, Robert Brown, John O'Leary, Jacqueline Bencomo
- Date: Jun 2013
- Competency: Leadership>Thought leadership; Professional Values>Practice expertise
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance
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Rate Increase Approaches Impact LTC Policyholder Behavior
options, as well as the ability to commu- nicate individual customized alternatives within the premium increase ... category of state approval as pre- viously described. Table 1 shows that policyholders receiving a one-time ...- Authors: Raymond Nelson
- Date: Dec 2017
- Competency: External Forces & Industry Knowledge>External forces and business performance; External Forces & Industry Knowledge>Internal forces and business performance; Professional Values>Practice expertise; Results-Oriented Solutions>Actionable recommendations; Results-Oriented Solutions>Assess decision effectiveness; Strategic Insight and Integration>Big picture view; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: General Insurance (Property & Casualty)>Policyholder behavior - General Insurance; Long-term Care>Long-term care insurance
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A Voluntary Lapse of 12.6 Percent for LTCI? Not Really
analysis, a “voluntary lapse” is recorded if an individual indicates that he/ she had LTC insurance coverage ... on an annual basis, the LIMRA/SOA results of individual and group coverage, all issue years and all ...- Authors: Marianne C Purushotham, Jonathan Prince, Barry Koklefsky
- Date: Jan 2013
- Competency: Professional Values>Practice expertise
- Publication Name: Long-Term Care News
- Topics: Long-term Care
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The Impact of Tax Reform on Federal LTCI Deductibility for Business Owners
individuals. Tax Reform changes both the Corporate and Individual Tax Rates. The highest C Corporation Tax Rate ... Rate changes from 35% to 21% and the highest Individual Tax Rate changes from 39.6% to 37%. Later in ...- Authors: Marc Glickman
- Date: Aug 2018
- Competency: External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise
- Publication Name: Long-Term Care News
- Topics: Financial Reporting & Accounting>Tax accounting; Long-term Care>Long-term care insurance
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A Matrix of Opporutnities: ILTCI 2018 Conference Recap
solutions, “Don’t Hesitate to Innovate” brought to the table representatives from Milliman, PwC and Thrivent ... to offer practical insights to help grow their individual businesses. The workshops were created for producers ...- Authors: Sharon Reed
- Date: Aug 2018
- Competency: Leadership>Professional network leverage; Professional Values>Practice expertise
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance