Description: This discussion on long-term care [LTC] highlights secondary drivers in LTC experience in both insured and general populations. Practical applications of this new information for pricing, reserving and marketing is discussed. From the Record of the Society of Actuaries, Volume 28, No. 2, Session 42pd.

Description: This session from the 2003 SOA Spring Meeting discusses the results of the LTC Insurance Experience Study and how to apply to LTC pricing, setting long-term and short-term objectives and communicating the results through preparing and delivering the report. From the Record of the Society of Actuaries, Volume 29, No. 2, Session 55PD.

Description: New for 2017, we are introducing a series of articles by experienced industry professionals who are relatively new to long-term care (LTC).

Description: This is the second Intercompany Study of Long–Term Care Insurance. For this report, the committee gathered and refined data that dates back to 1984. This report combines and analyzes data received from 14 insurers that agreed to provide information to further the knowledge of long–term care insurance.

Description: This report describes two methods, an observation-based analysis and an actual to model analysis, to analyze long-term care insurance experience to determine if calendar year trends exist.

Description: The hybrid Life/LTC and Life / Chronic Illness market is an exciting market that is in its relative infancy. There are many new companies that have just entered, or are considering entering, the hybrid market. Hybrid sales have grown tremendously over the past decade and are still going strong, with annual premium revenue estimated to be above $4 billion per year. The young issue ages for these products, relative to when LTC benefits are paid, means that the claim experience in the industry for these products is still very limited. Additionally, there are many moving parts to these products that present correlated risks and assumptions. The new entrants to the market, limited experience, and the interactions of risks create an environment equipped for vibrant discussions on the product structure, risks, assumptions, and considerations for modeling these hybrid products. The presenters would provide insight into each of these topics through a conceptual discussion, supported by observational data from case study projections and sensitivities.

Description: Discussion of a newly released LTC experience study, including description of data and its increased scope compared to the prior report, reporting specifications, and findings.

Description: To increase awareness of current research, cognitive treatments, brain exercise programs and overall long-term care, we will be adding a regular feature to the LTC Section newsletter, tentatively called the “Cognitive Corner.” This feature will provide a place to share existing academic research and health-related outcomes related to cognitive factors. It is the hope that this information will spur thought-provoking discussions and debates that impact your work regarding these hypotheses.

Description: This article discusses impact of Life Line Screenings on LTC policyholder claims results.

Description: A recent Society of Actuaries study calculates safety and stability for current Long Term Care Insurance premiums.