Description: The "Think Tank on Steroids" group at the DI and LTC Insurers’ Forum brainstormed about what the United States should do in order to deal with the impending Long-Term Care problem in the United States. The group’s ideal plan for dealing with Long Term Care can be thought of as a three-legged stool. The legs are private savings and assets (including tax-advantaged LTC savings accounts), Long-Term Care Insurance (including smaller, more affordable products), and support from the family. The Medicaid system ought to be reformed so that it is only available to people who have exhausted all other options. The ongoing Think Tank will continue this conversation and publish a white paper detailing the Think Tank’s solution to the problem.

Description: Transcript of the Q&A period from Session 5A. The paper presented proposes a new method to price the longevity risk premia in order to tackle the pricing obstacle.

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: This research report examines functional and cognitive trends among assisted living facility residents using a sample of long-term care policyholders who are making claims on their policies.

Description: Paper estimates the burden of chronic disability on the U.S. elderly population, using sex-specific measures of long-term care LTC service use, intensity and costs.

Description: This article reviews the data and methodology used to arrive at this seemingly incredible rate, compares the Li/Jensen results with those of recent industry studies, and suggests areas for further study for both LTCI actuaries and the authors.

Description: The public relations campaign for this year’s Centennial Celebration of the actuarial profession took off strong with the first “Forecast 2000” forum conducted April 25 in Miami. One of the forum's topics was a survey about long term care in the future.

Description: A discussion of a gathering in Las Vegas of more than 500 insurance agents who discussed various answers to the question: Will there still be a long-term care insurance (LTCi) industry going forward?

Description: The editor discusses the importance of purchasing a long-term care insurance policy. He also presents highlights of the articles contained in the issue.

Description: This is an article about group long-term care insurance.