Research Projects – Long-Term Care
The Society of Actuaries (SOA) Long-Term Care Insurance Section is pleased to make available two reports aimed at advancing knowledge in Long-Term Care pricing. The first report, authored by Actuarial Resources Corporation of Kansas, illustrates how the risks of Long-Term Care Insurance can be understood through modeling the liabilities using a Monte Carlo simulation approach.
The second report, authored by PricewaterhouseCoopers, includes an assessment of the basis of volatility of experience and financial results, considering the risks and uncertainties associated with long-term policies, especially LTCi. The paper also discusses possible mitigation approaches to enhance the alignment of interests of the LTC insurer and its policyholders.
If you have comments or questions, please contact Steve Siegel at
The SOA would like to thank the following Project Oversight Group members: