Description: The Society of Actuaries has released the results of an initiative to produce Long Term Care basic experience rate tables for claim incidence, claim termination, and claim utilization. Three multiplicative models have been developed, one for each of three tables that will calculate rates that vary by a number of product and policyholder attributes. The resulting rates are a product of a base rates and factors for each of the product and policy holder characteristics that were determined to be significant drivers. A report describing the development, usage and limitations of the models and rates has been made available to accompany the models.

Description: A web page introducing a research report that analyzes experience transition rates between Long Term Care claim settings over the course of a claim.

Description: The Society of Actuaries' health leadership met earlier this year for an all-day meeting in Chicago. A significant portion of that meeting was spent discussing current challenges facing the U.S. health care system and how the SOA can best serve its members by addressing top priority issues. The Actuary Magazine, April/May 2005

Description: Discusses reserve valuation for long-term-care insurance [LTCI]. Includes the NAIC model law, federal tax issues, Valuation Actuary standards, cash-flow testing, and how a current company has gone about setting up its active and claim reserves. Session 4 of the 1991 Valuation Actuary Symposium.

Description: This session is about President Clinton's health care reform proposal. Topics discussed include: federal debate & the actuarial role, cost estimates, and actuarial issues contained in the proposal. From Record of Society of Actuaries Vol. 19, No. 4A.

Description: This session discussion is about overview of current trend experience, techniques of applying trends in rating, risk aspects of different trending methods, and implications of trend cycles for surplus requirements. From Record of the Society of Actuaries Vol. 15, No. 1.

Description: Presented at October 1985 Annual Meeting. This session discussion is about elements of long-term care - provider, patients, financing - problems that must be overcome to insure long-term care, managed care solution, practical considerations in offering long-term care policy.

Description: This is a 1992 panel discussion about health care reform. Topics discussed include the political environment on health care reform, how and why this environment has changed, the policy options for health care reform, how the political parties view these options, and the prospects for reform in the reasonably near future. From the Record of the Society of Actuaries Vol. 18, No. 1A.

Description: Editorial highlights the public's need for this product line and cites a previous article for The Actuary written by Heidi Rackley promoting this subject.

Description: This report illustrates employer group commercial health care costs and trends from 2013 – 2017.