Description: This paper develops a parametric model for health care insurance claims to fit parametric models to the data. Model selection is based on the ChJ-squared goodness-of-fit test and a comparison of the empirical limited expected value function to parametric limited expected value functions. A copula function was used to model the bivariate portion of the data. From Actuarial Research Clearing House 1993, VOL. 3.

Description: Panelists provide an overview of the current long-term-care [LTC] market and trends. They cover recent hot topics such as pricing, rate stabilization, administration, marketing, and hybrid/combo products. From the Record of the Society of Actuaries, Vol. 31, No. 2, Session 16

Description: This is the sixth Intercompany Study of Long–Term Care Insurance. This report combines and analyzes data received from 35 insurers. Available data was collected on policies issued between January 1, 1984 and December 31, 2007. Claims incurred on policies during this same timeframe were followed from claim inception through the earlier of claim termination or June 30, 2008.

Description: This 1991 panel session discussion is a progress report of the Society of Actuaries' Long-Term Care [LTC] Experience Committee. The presentation is organized around three principle areas of the Committee's activities. The first area is noninsurance company experience. The second area is the Committee's 1984-89 study of intercompany insurance experience of monoline long-term care health insurance products. The third area is the Committee's efforts to develop the experience of continuing care retirement communities [CCRCs]. From the Record of the Society of Actuaries Vol. 17, No. 3B.

Description: Panelists discuss current and future developments in health insurance on the Internet and the Health Insurance Portability and Accountability Act from the perspective of providers, insurers, employers and customers. From the Record of the Society of Actuaries, Volume 28, No. 2, Session 131

Description: The first Intercompany Study of the Long-Term-Care Experience Committee and the first public report on experience of lives insured under private insurance plans. Includes incidence rates, lapse rates and claim costs. From Transactions of Society of Actuaries 1993-94 Reports

Description: This article incorporates the NAIC long-term care insurance model regulation to discuss the appropriateness of rate increases by monitoring emerging experience to manage the risk. This includes experience analysis issues, maximum rate increase calculations, business considerations and valuation issues. From Long-Term Care, December 2003, Issue 10

Description: The summary and introduction of an SOA research paper that explores valuable insights and recommendations for insurance companies considering entering the market of commercial long-term care insurance (LTCI) in the Asia-Pacific, based on individual health status.

Description: This article describes Medicare Supplement and short-term care products in more detail, and we compare their risk profiles. We explore the concept that these two products—when offered together—may provide a complementary hedge of certain policyholder behavior risks.

Description: 1992 Valuation Actuary Symposium. This session on Long Term Care Insurance provided an update on the Society's Task Force on Valuation Methods for Long-Term Care Insurance, methods and assumptions that are being used for policies, premiums, and reserves on long-term care policies, and the regulatory environment.