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Long-Term Care Coverage: Stakeholder Thoughts on State-Based Catastrophic Insurance

Authors

John O’Leary, MBA
John Cutler, Esq.

Description

The Society of Actuaries Research Institute’s Aging and Retirement Strategic Research Program is pleased to make available a report that explores stakeholder views in Minnesota on the efficacy of a public catastrophic long-term care insurance program at the state level.

Materials

Long-Term Care Coverage: Stakeholder Thoughts on State-Based Catastrophic Insurance

Long-Term Care Coverage: Stakeholder Thoughts on State-Based Catastrophic Insurance - Simplified Chinese

Long-Term Care Coverage: Stakeholder Thoughts on State-Based Catastrophic Insurance - Fast Facts

Additional Materials

The following addendum to the report was written by a team form Milliman and considers the qualitative impact of COVID-19 on actuarial projections for a state-based catastrophic insurance program.  Milliman compared the actuarial projection considerations to COVID-19 considerations that relate to the private LTC insurance market.

Addendum: COVID-19 Qualitative Impact and Considerations on Actuarial Projections for a State-Based Catastrophic Insurance Program

Video

Podcast

Long-Term Care Coverage: Stakeholder Thoughts on State-Based Catastrophic Insurance

Acknowledgments

The SOA Research Institute would like to thank the following members of the Project Oversight Group for their input:

Fred Andersen, Chair
Anna Rappaport
David Smith
Eileen Tell
Gretchen Alkema
Linda Chow
Perry Kupferman
Rick Miller
Howard Gleckman
Rhonda Ahrens
Sam Gutterman
Steve Siegel, SOA Sr. Practice Research Actuary
Barbara Scott, SOA Sr. Research Administrator

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