COVID-19 Impact on Long-Term Care Insurance 2021 Survey
Authors
Mike Bergerson, FSA, MAAA
Andrew Dalton, FSA, MAAA
Andrew Duxbury, ASA, MAAA
Robert Eaton, FSA, MAAA
James Stoltzfus, FSA, MAAA
Description
This survey on the impact of COVID-19 on long-term care (LTC) insurance mortality, voluntary lapse, and morbidity experience studied the emerging impact of COVID-19 for the period from April 1, 2020, through March 31, 2021. The survey was conducted from August through September of 2021.
Report
COVID-19 Impact on Long-Term Care Insurance 2021 Survey
Acknowledgments
The SOA Research Institute would like to thank the Senior Health Care Oversight Trust for its financial support of this project.
The authors would like to thank the SOA Research Institute for giving us this opportunity to complete this survey. We would also like to thank the volunteer reviewers and others for their diligent work overseeing questionnaire development, analyzing and discussing respondent answers, and reviewing and editing this report for accuracy and relevance. Finally, we would like to thank the companies that participated in the survey effort for, without their responses, this survey would truly not have been possible.
Volunteer reviewers:
Rhonda Kay Ahrens, FSA, MAAA
Paul F. Colasanto, ASA, MAAA
John Cutler
Kristy Dreyer
James M. Glickman, FSA, MAAA
Jan Graeber, ASA, MAAA
John Patrick Kinney III, FSA, MAAA
Barry M. Koklefsky, FSA, MAAA
Michael Jordan Krohn, FSA, CERA, MAAA
Sally Leimbach
Roger Loomis, FSA, MAAA
Nilesh Mehta, FSA, MAAA
Matthew Scott Parent, FSA, MAAA
Stephen Serfass
Maureen Ann Shaughnessy, FSA, MAAA
Nicholas M. Sheahon, ASA, MAAA
Eileen Tell
Brian D. Ulery, FSA, MAAA
Sisi Wu, FSA, MAAA
At the Society of Actuaries:
Korrel Crawford
Cindy MacDonald, FSA, MAAA
Pete Miller, ASA, MAAA
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