Description: Panelists discuss areas that actuaries must address as long-term-care insurance [LTCI] becomes a material portion of a company's business. These areas include IT problems, setting assumptions and reserves, surplus strain, and capital requirements. From the 2002 Record of Society of Actuaries, Volume 28, No. 2. Session 14OF of the San Francisco Spring Meeting.

Description: Presented at May 2000 Spring Meeting. Many long-term-care insurers are outsourcing administrative functions to management organizations. The panelists discuss the reasons for this outsourcing, the functions that can be outsourced, financial incentives for vendors, criteria for selecting a vendor, monitoring performance and other aspects of the business relationship.

Description: Panelists identify the unique challenges and risks associated with asset/liability management for long-term care insurance and explore possible solutions to the challenges identified. From the Record of the Society of Actuaries, Volume 28, No. 3, Session 28pd.

Description: Discussion of LTC insurance product developments being spurred by recent demographic and regulatory trends, especially combination products such as LTC benefits with disability income, annuities, and life insurance. Several viable product styles are considered, along with the pros and cons of each.

Description: Panel discussion of varying views on: substandard underwriting with prudent pricing, qualified vs. nonqualified plans and the need for IRS clarifications, rate stabilization and aggressive pricing, noncancellable products and product features.

Description: 2004 SOA Spring Meeting, Anaheim, CA. The panel discussed how to analyze LTC flows from an asset perspective, recognize embedded derivatives in LTC and determine strategies for hedging fair value. The goal was for the attendees to learn to view LTC from an investment rather than a liability perspective, recognize embedded risks in today's LTC marketplace, and deal with investment risks in LTC.

Description: This session discussion is about nonforfeiture values for long-term care: valuation of different approaches [cash surrender value, return of premium, reduced paid-up, extended term, shortened benefit period], sensitivity testing, implications for marketing and regulatory status. From Record of Society of Actuaries Vol. 19, No. 1A.

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: Panelists at this session of the SOA 2003 Vancouver Spring Meeting discuss Long Term Care Insurance pricing including the appropriate assumptions for claim costs, mortality, interest, lapse rates and required surplus, plus regulatory issues and the ability to obtain and implement rate increases.

Description: This session discussion is about Long-Term-Care valuation issues: current industry practices, regulatory needs, and the SOA Task Force on Valuation Methods of Long-Term-Care insurance. From Record of Society of Actuaries Vol. 18, No. 1B.