Description: A discussion of the long-term care insurance industry and how it is finding ways to reduce premiums and still provide good value.

Description: This article reviews the data and methodology used to arrive at this seemingly incredible rate, compares the Li/Jensen results with those of recent industry studies, and suggests areas for further study for both LTCI actuaries and the authors.

Description: Highlights of the 2013 Intercompany Long-Term Care Insurance (ILTCI) Conference

Description: Commentary on recent articles published by the Boston College Center of Retirement Research (BC CRR).

Description: For establishing the ongoing adequacy of claim reserves for blocks of long-term care insurance, retro testing is a blunt tool, the results of which are not conclusive. Claim reserve retro tests should be reviewed by claim duration, include the impact of interest consistently, and include updated assumptions that can have an impact on claim termination rates or other factors. The new NAIC LTC Experience Reporting Forms estimated to arrive for reporting year 2008 will help modernize LTCI retro tests, providing additional accuracy and standardization. Actuaries should not wait for these forms, but rather ensure that any claim reserve analysis moves beyond a basic calendar year retro test.

Description: Review of LTC Industry.

Description: Review of LTC Industry.

Description: Review of LTC Industry

Description: Read the August 2018 issue of Long-Term Care News published by the Long Term Care Section. Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: New products should address having acceptable carrier risks and at the same time enhance the product’s value to consumers to pave the way for broader acceptance.