Description: This session discussion is about Long-Term-Care valuation issues: current industry practices, regulatory needs, and the SOA Task Force on Valuation Methods of Long-Term-Care insurance. From Record of Society of Actuaries Vol. 18, No. 1B.

Description: Remarks on long term care insurance for business owners and executives, including its role in financial planning and asset protection, the growth in likelihood that the coverage will be utilized, and tax incentives for employers.

Description: This article discusses the ways reinsurers support ceding companies: 1. Sharing morbidity risk. 2. Sharing other risks such as return on investment. 3. Sharing of expertise such as providing underwriting advice. 4. Sharing financial resources. 5. Sharing the role of consumer protection.

Description: Preparing an initial LTCI rate filing under the 2000 LTCI Model Regulation certification requirements. From Long-Term Care, Dec 2003, Issue No. 10

Description: A model for an effective, cost efficient national public LTC/LTCI education program that will increase LTCI sales nationwide.

Description: A discussion of the efforts to implement straight through processing and standardization of the HIPAA form for long term care claims data.

Description: An introduction to other articles in this issue about Medicaid abuse and genetic testing.

Description: Article analyzes the reinstatement regulations of long-term care policies.

Description: For a long time the primary focus of private LTC insurance companies has been to educate the public about the need for private LTC insurance and to make the product more acceptable to a wider population. To this end there have been numerous changes to the product design to make this product more acceptable to general population. However, one of the things that may have been overlooked in those product design changes is the need for alignment of policyholder and insurance company’s interests, which is to make coverage more affordable and to reduce adverse selection. Incentivizing good behavior from policyholders can not only make LTC insurance policies less expensive but also help policyholders make better health choices, which can help them stay healthy for a longer time. These incentives may also reduce some of the inherent risks in a long term care policy and may help in increasing the sales of private LTC insurance.

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