Description: Results of HIAA’s 1999 Study of LTCI Contract Reserves by William C. Weller from Long Term Care Newsletter, April 2000, Issue No. 2.

Description: Long-term care policy buyouts have been discussed within the industry lately as an additional policyholder option alongside a premium rate increase. This article discusses potential advantages and disadvantages of long-term care policy buyouts from the perspective of insurance carriers, regulators, and policyholders. It also explores certain key actuarial considerations relating to long-term care policy buyouts including potential approaches to valuing a buyout, adverse selection, and reinsurance.

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: 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: Article presents issues for postretirement medical on models, data and the frail elderly. From Health Section News, December 2000, Issue No. 39.

Description: Comments on editor's previously published Long-Term Health Care Resource Model article with respect to long term trend and other assumptions. Issue No. 60

Description: This article covers a panel discussion on “The Future of Long-Term Care” at the 1987 annual meeting.

Description: Article from The Actuary January 1993 Volume 27, No. 1 highlights task force on Valuation Methods for Long-Term Care Insurance

Description: Four experts offer their insights into long term care and long term care insurance.

Description: At this session of the SOA 1995 Vancourver Spring Meeting, members of the Long Term Care Insurance Valuation Methods Task Force present the conclusions and rationale found in their final report. Assumptions, methodology, and NAIC's view of the report are discussed.