Description: This session discussed about expected trends in medical care costs, changes in Medicare reimbursement practices and their short- and long-term effects, the emerging responsibility for providing long-term care, rise of managed health care, new and old participants, selection issues, multiple options, and small group market.

Description: This session at the SOA 2003 Vancouver Spring Meeting explains the federal group long term care program and addresses the effect it has had on group plan designs, new entrants into the market, and sales of individual long term care insurance.

Description: Morbidity improvement has been a hot topic in the LTC market in the past year. This session will provide an update of studies performed in the industry to review historical data for morbidity improvement and considerations that actuaries should take when determining what level of morbidity improvement to include in their best estimate assumptions.

Description: 1998 Valuation Actuary Symposium. The speakers presented a case study on long-term-care gross premium valuations, GPV from an individual disability income perspective, and a case study for a medical GPV.

Description: Many insurers have one or more existing blocks of LTC insurance coverage. As products are revised, older policies are affected greatly. This session discusses possible strategies for dealing with older policies. From the Record of the Society of Actuaries, Volume 29, No. 2, Session 119.

Description: Panelists at this session of the SOA 2003 Vancouver Spring Meeting discuss the impact of underwriting and risk classification on Long Term Care pricing. The effect of HIPAA is also discussed.

Description: This session from the 1994 Valuation Actuary Symposium covers long term care and health related issues for valuation, an update from the Risk-Based Capital Task Force of the Academy on developing a risk-based capital formula for health coverages, an overview of the health practice notes.

Description: 1999 Valuation Actuary Symposium, Los Angeles. The panelists discussed the RBC formula treatment for health products for the life and the health organizations and the managed care organizations. They also covered what the health terms look like in the casualty RBC formula.

Description: This session discusses techniques that can be used for the designing, pricing and reserving of new long-term care [LTC] benefits. Included is a discussion on wellness benefits and options for traditional LTC insurance. From Record of Society of Actuaries, Vol. 30, No. 1, Session 97

Description: Panelists at this session of the SOA 2003 Vancouver Spring Meeting discuss Long Term Care Insurance pricing including the appropriate assumptions for claim costs, mortality, interest, lapse rates and required surplus, plus regulatory issues and the ability to obtain and implement rate increases.