Description: Review of LTC Industry.

Description: Review of LTC Industry

Description: Current Chairperson, Vincent Bodnar, provides a section update and outlines the need for innovative solutions to current LTCI concerns.

Description: Regular article in each edition that describes the summarizes the edition and articles included.

Description: Review of LTC Industry.

Description: Chairperson's update on the Long-Term Care Insurance Section with a focus on the progress made since the Think Tank meeting held in October and the addition of Rhonda Ahrens to coordinate outreach to regulatory members.

Description: Chairperson's update on the Long-Term Care Insurance Section .

Description: Today, a plethora of tools and approaches exist to develop lifetime projections of long-term care (LTC) business. Within these tools lie two distinct approaches to project mortality; namely, by using assumptions that are applied: (1) to an all-lives exposure base, or (2) separately for disabled- versus active-lives exposure bases. Using disabled versus active mortality allows for more granular modeling of the two different cohorts that exhibit dramatically different mortality. And so, when using an all-lives mortality assumption, is the projection missing important details about the appropriate mortality level? This article seeks to not only answer this question, but also answer how a “traditional” all-lives mortality assumption can be impacted when you introduce a combination of the two modeling techniques into the development of a mortality assumption. To answer these questions, we examined the experience and results developed from one c ompany as an illustrative case study.

Description: Recaps the highlights of last 12 months of activity and accomplishments by the LTC Section Council.

Description: Review of LTC Industry.