Description: A defense of the CLASS Act from the perspective of the private long term care insurance industry.

Description: State regulators' review of predominant LTC Risks after review of year-end AG51 reports.

Description: A discussion of the efforts to implement straight through processing and standardization of the HIPAA form for long term care claims data.

Description: The Long-Term Care Insurance market is evolving. Parallels can be drawn between the current product cycle of standalone LTCI and past experiences of other insurance products. Over the last decade, the LTCI market has shifted to include a greater presence of non-standalone LTC insurance. Individual LTCI sales have been on the decline, while life-LTCI combination products have been on the rise. Because of this, many perceive that the life-combination products are taking over the LTCI market and replacing standalone LTC insurance. While life-combination products meet the LTC needs for policyholders, they may not be a good fit for all consumers in this market.

Description: This session discusses strategic planning for long-term care insurance. Topics include product and pricing evolution, position in the product life cycle, requirements for success and options for entering the marketplace. Includes the perspective of an investment banker and venture capitalist. From the Record of the Society of Actuaries, Volume 29, No. 3, Session 86

Description: With 48m Americans and 137m Chinese over the age of 65 the world faces a frail care rather than long term care crisis. What can insurers offer?

Description: Nearly 75 percent of long term care premium protection still originates from traditional long term care insurance despite fewer carriers offering products.

Description: This article is aimed at developing young actuaries and how the current LTCI market offers much opportunity.

Description: Protecting oneself in older age from risks is the sine qua non of retirement planning. But far too many people don’t approach retirement (or retirement planning) well. From a policy perspective, we know about half the senior population will have some sort of long-term care event. We need to recognize that long-term care risk is a component not just of aging but of retirement. Placing long term care solutions in the retirement space is critical to reaching the bulk of the population. Combined with the additional element—recognition of risk—this would be both a powerful protection but also a natural one for individuals to understand.

Description: An interview with Dawn Helwig on developments in the Long Term Care market.