Description: Read the Society of Actuaries' latest update about how health care executives view the future of predictive analytics in the health care industry.

Description: In this article, we will describe EY’s five-pillar approach that balances practicality with comprehensiveness, and how this applies to LTC model validation.

Description: On May 5, 2016, the Long-Term Care Valuation (B) Work Group of National Association of Insurance Commissioners’ (NAIC’s) Health Actuarial (B) Task Force’s Long-Term Care Actuarial Working Group (LTCAWG) requested recommendations from the American Academy of Actuaries (Academy)1 and the Society of Actuaries Research Institute (SOA)2 to replace the mortality and lapse bases for statutory minimum reserves. A copy of the request is included in Appendix 1 to this report. The Academy and SOA created a Long-Term Care Valuation Work Group (Work Group) to address the request. The Work Group is chaired by Warren Jones, the Mortality Subgroup is led by Bruce Stahl, and the Lapse Subgroup is led by Bob Yee. The Work Group has provided regular updates to the LTCAWG at national meetings and provided opportunities for the LTCAWG members to ask questions regarding the work in progress. This report presents the recommended lapse tables in Appendix 3, and recommended mortality tables in Appendix 4, and describes the methodology and process in developing these tables.

Description: This is the second Intercompany Study of Long–Term Care Insurance. For this report, the committee gathered and refined data that dates back to 1984. This report combines and analyzes data received from 14 insurers that agreed to provide information to further the knowledge of long–term care insurance.

Description: This session discussion is about long-term-care insurable events, academic beginnings, hierarchical structure, consumer/insurer impact, the need for standardization and an increasing emphasis on cognitive impairments. Focus is on Activities of Daily Living [ADLs].

Description: This session is about long-term care and effective tax rate on LTC insurance, capital needs, rate guarantees and asset/liability scenarios. From Record of Society of Actuaries Vol. 19, No. 1A.

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 article is illustrates the implications of the managed care organization MCO risk based capital RBC formula adopted by NAIC and compares it to the health organization risk based capital HORBC formula. From The Actuary, Nov 1997, Vol. 31, Issue 9

Description: This discussion focused on possiblities related to controlling health care costs in the private sector using the HMO structure. From Record of Society of Actuaries, Vol. 6, No. 3, SOA's 1980 June Meeting