Description: The author explores research and concerns about sustainability, and how actuaries can contribute to the discussion.

Description: Presenter describes many of the desirable characteristics of a health care financing system, and alternative health care financing systems as they are found in other parts of the world. The advantages and disadvantages of each alternative system are also discussed. From the Record of the Society of Actuaries, Vol. 24, No. 2.

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: 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: Remarks on the attitudes underlying the stalling of health care reform legislation.

Description: This article encourages readers to consider sub-goals as well as their primary one, leading to greater goal-completion and mastery.

Description: Family members who care for people with dementia need a wide range of support services to help them do the important work of care giving at home.

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.