Description: Panelists discuss the latest trends in long-term-care product design and pricing issues. Topics include ASOP 18, combination disability products, morbidity & lapse assumptions, state regulations and underwriting. From the Record of the Society of Actuaries, Vol. 25, No. 2.

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: Panelists provide an overview of the current status of the long-term-care insurance industry and discuss growth, regulation changes, rate stabilization, underwriting and claims management. From the Record of the Society of Actuaries, Vol. 31, No. 1, Session 62

Description: Managing an in-force block of long-term-care insurance policies requires attention to maintain value to policyholders and persistency of healthy lives. In this session panelists discuss emerging experience in the US and UK, new product development, health risk, pricing, underwriting, claims management, experience monitoring and techniques to help viability & profitability. From the Record of the Society of Actuaries, Volume 28, No. 3, Session 82

Description: Panel dicussion on the need for information to keep a block of long-term care insurance profitable: what the business risks are, what is being done to mitigate them, what kind of reports are needed, and how these differ from reporting on other types of health insurance.

Description: Discusses reserve valuation for long-term-care insurance [LTCI]. Includes the NAIC model law, federal tax issues, Valuation Actuary standards, cash-flow testing, and how a current company has gone about setting up its active and claim reserves. Session 4 of the 1991 Valuation Actuary Symposium.

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: Panelelists at this session of the SOA 1997 Washington, DC Annual Meeting discuss risk management for long-term care insurance, the design of long-term care morbidity studies, LTC morbidity trends, and the impact of morbidity on plan design.

Description: This session from the 1993 Valuation Actuary Symposium covers problems and considerations for the valuation actuary with long term care insurance, NAIC risk based capital RBC requirements and their impact on LTC, the growth of LTC, cash flow testing, GAAP analysis of LTC and LTC claim reserve experiences.

Description: Panelists discuss emerging valuation-actuary-related issues, including: [1] for long-term-care insurance [LTCI], reserves, risk-based capital [RBC], and new experience forms, [2] for Medicare Part D, several potential future changes, and [3] for health insurance in general, the new Statement of Standard Accounting Practice 85 [SSAP 85] and existing SSAP 84, and current activities of the International Accounting Standards Board [IASB] regarding a definition of 'insurance.' Session 27PD of the 2005 Valuation Actuary Symposium.