Description: From a session at the annual meeting of the Society of Actuaries held in Chicago, Illinois, October 15-18, 2000 This session discusses continuing care retirement communities and other provider organizations, such as nursing facilities, assisted living facilities, and residential facilities. This panel discusses trends in the retirement housing industry and practices and opportunities for more effective management of the cost of care.

Description: On May 5, 2016, the Long-Term Care Valuation (B) Work Group of National Association of Insurance Commissioners’ (NAIC’s) Health Actuarial (B) Task Force’s Long-Term Care Actuarial Working Group (LTCAWG) requested recommendations from the American Academy of Actuaries (Academy)1 and the Society of Actuaries Research Institute (SOA)2 to replace the mortality and lapse bases for statutory minimum reserves. A copy of the request is included in Appendix 1 to this report. The Academy and SOA created a Long-Term Care Valuation Work Group (Work Group) to address the request. The Work Group is chaired by Warren Jones, the Mortality Subgroup is led by Bruce Stahl, and the Lapse Subgroup is led by Bob Yee. The Work Group has provided regular updates to the LTCAWG at national meetings and provided opportunities for the LTCAWG members to ask questions regarding the work in progress. This report presents the recommended lapse tables in Appendix 3, and recommended mortality tables in Appendix 4, and describes the methodology and process in developing these tables.

Description: The chairperson discusses the health of the long term care industry in four key areas: investment, legitimacy, execution, and promotion.

Description: Presentation of Long-Term Care Insurance Mortality and Lapse Study presentation to NAIC Health Actuarial (B) Task Force (HATF) on November29,2021.

Description: This research report examines functional and cognitive trends among assisted living facility residents using a sample of long-term care policyholders who are making claims on their policies.

Description: Long-duration targeted improvements (LDTI) will have unique consequences for long-term care and disability income. Discuss how to address these issues and learn more aboutboth standalone and combination LTC contracts. Understand the impact of LDTI on DAC, policies which previously held zero active life reserves, and allocation of IBNR to cohorts. By attending the session, you will: - Be able to create and defend accounting policies and to implement actuarial models consistent with the new U.S. GAAP accounting rules.

Description: "Living to 100 in the time of COVID-19: A Study of Late –Life Mortality Trajectories, Leonid A. Gavrilov, Ph.D., Natalia S. Gavrilova, Ph.D., Academic Research Centers, NORC at the University of Chicago Swedish Mortality Does Not Decelerate in Recent Cohorts, or Does it? – Roland Rau, Ph. D., Professor, University of Rostock & Max Planck Institute for Demographic Research, Rostock, Germany; Marcus Ebeling, Ph.D., Karin Modig, Ph.D., Associate Professor, Anders Ahlbom, Ph.D., Professor Emeritus, Karolinska Institute, Stockholm Sweden; Kai Kaufhold, Aktuar DAV, Ad Res Advanced Reinsurance Services GmbH, Cologne, Germany; Annika Ziegler, Lukas Stake, Hochschule Koblenz & Ad Res, Germany"

Description: The chairperson discusses the aspects of the private long-term care insurance market and asks readers to identify areas needing change, e.g., regulation, pricing and marketing.

Description: The pandemic and other current events have greatly impacted the risks that individuals face during retirement. Join us to explore this topic as the results of the Society Actuaries 2021 Retirement Risk Survey are presented. Discover the findings regarding retirement concerns, preparedness and understanding individuals in the U.S. nearing retirement or those who are already retired. This marks the 11th iteration of this biennial survey completed through the SOA Research Institute’s Aging and Retirement Strategic Research Program.

Description: A preview of the articles in the May 2009 issue of Long Term Care News, with a theme of focusing on the pure fundamentals of actuarial work.