Description: While tax-qualified products meet an existing demand in the long-term care market, the statutorily required language of Section 7702B can present challenges as claims are presented. Every day, claims professionals grapple with whether the facts of a claim constitute substantial assistance or a severe cognitive impairment. “Close call” claims decisions continue to increase as claims volumes rise across the long-term care insurance sector. This article analyzes the Section 7702B language, identifies potential pitfalls in administering claims made on tax-qualified policies, and illustrates how to avoid such pitfalls through hypothetical scenarios.

Description: Read the December 2017 issue of Long-Term Care News published by the Long Term Care Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: This session at the SOA 1990 Dallas Spring Meeting is about various aspects of long term care insurance from the viewpoints of an agent, a regulator and an investor.

Description: The article describes what a Delphi study entails; describes past Delphi studies conducted by the SOA; and summarizes "Land This Plane" - A Delphi Study about Long-Term Care in the United States, which was published by the SOA in April 2014.

Description: Article summarizes research report on supply of neurologists and dementia LTC claims.

Description: Article regarding enhancing Long-Term Care Insurance through cost sharing and utilization review. From The Actuary, December 1986 – Volume No. 20, Issue No. 10

Description: Morbidity improvement has been a hot topic in the LTC market in the past year. This session will provide an update of studies performed in the industry to review historical data for morbidity improvement and considerations that actuaries should take when determining what level of morbidity improvement to include in their best estimate assumptions.

Description: Issues in marketing Long-Term-Care Insurance to employer as a group product for employees. From Long-Term Care Newsletter, April 2001, Issue No. 4.

Description: How would a cure for Alzheimer's disease impact LTC insurance claims? How would the impact vary for in-force business versus new business?

Description: New products should address having acceptable carrier risks and at the same time enhance the product’s value to consumers to pave the way for broader acceptance.