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Long-Term Care Modeling, Part 3: Model Validation
Long-Term Care Modeling, Part 3: Model Validation In this article, we will describe EY’s five-pillar ... Validation In this article, we will describe EY’s five-pillar approach that balances practicality with ...- Authors: Jeremy Levitt, Lo Linda Chow, Yuan Yuan, Laura Knab
- Date: Nov 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Incorporate risk management
- Publication Name: The Modeling Platform
- Topics: Long-term Care>Long-term care insurance
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Long-Term Care Product Design: Two Common Sense Reccommendations
and a 5 percent long- term inflation rate?) The table in Figure 1 sum- marizes the total CPI, the medical ... based on the all-urban consumer price index (CPI-U). • Annual funding: Because the “cost” of the CPI ...- Authors: Edward P Mohoric
- Date: Jan 2013
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance; Reinsurance>Product development - Reinsurance
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Navigating New Horizons…Dawn E. Helwig, FSA, MAAA
will they get to 0 before it stops falling?” Mortality, too, is an important rate about which lit- tle ... elderly and/or impaired. But no one has done a mortality table for either active or impaired LTC policyholders—certainly ...- Authors: Mary Kindel Van der Heijde
- Date: May 2009
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>External forces and business performance; Leadership>Thought leadership; Strategic Insight and Integration>Big picture view
- Publication Name: Health Watch
- Topics: Economics>Health economics; Experience Studies & Data>Long-term care - Experience Studies & Data; Long-term Care>Long-term care insurance; Long-term Care>Public financing - Long-term Care
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Use of Managed Care in Long-Term Care Insurance Contracts
each of those different reimbursement methods (Table 1). Again, if you're not doing any kind of care ... be coming out and needing more LTC services. TABLE 1 WHO ASSUMES THE RISK? Type of Reimbursement ...- Authors: Donald Charsky, Dawn E Helwig, Peggy Hauser
- Date: Jun 1998
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Record of the Society of Actuaries
- Topics: Long-term Care>Chronic health management - Long-term Care; Long-term Care>Long-term care insurance; Long-term Care>Medical expenses; Social Insurance>Medicaid
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ltc-2017-iss44-colasanto
influence on assumptions. As I mentioned earlier, mortality in ILI is probably one of the biggest assumptions ... For about 10 years, my work focused mostly on mortality and lapse assumptions on a fairly large assumptions ...- Authors: Paul Colasanto, Janine Halldorson
- Date: Apr 2017
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>General business skills; Leadership>Professional network leverage
- Publication Name: Long-Term Care News
- Topics: Actuarial Profession>Professional development; Experience Studies & Data>Long-term care - Experience Studies & Data; Experience Studies & Data>Morbidity; Experience Studies & Data>Mortality; Long-term Care>Long-term care insurance
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Distributors Are Key to Manage Message about Gender-Based Pricing and In-Force Rate Increases
Distributors Are Key to Manage Message about Gender-Based Pricing and In-Force Rate Increases ... adverse experience with lapse, interest rate, mortality and morbidity we need to adjust premiums on in-force ...- Authors: Thomas Riekse
- Date: Jun 2013
- Competency: Communication>Persuasive communication; External Forces & Industry Knowledge>Actuarial methods in business operations
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance
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Utilization: A Review of Two Projection Methods
utilization for the next five years is shown in the table in Figure 1. Figure 1 Projected Utilization, 5% ... each bucket and the weights for each bucket. The table in Figure 3 illustrates the resulting average utilization ...- Authors: Timothy Kempen, Jeremy Hamilton
- Date: Apr 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance
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Long-Term Care Compliance Issues
nonforfeiture, which basically says that we set up a table of rate increase caps which, should an insurance ... question is does the company need to disclose this table of rate? Some of the numbers in there can be startling ...- Authors: Richard W Garner, Andrew M Perkins, Loida Rodis Abraham
- Date: Jun 1998
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>External forces and business performance; Strategic Insight and Integration>Big picture view
- Publication Name: Record of the Society of Actuaries
- Topics: Long-term Care>Long-term care insurance; Public Policy