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Risk Considerations for Innovative Products: A Case Study of the Long-Term Care Insurance Industry
combine traditional LTCI coverage with life insurance or annuity products. This product design enables carrier ... s for LTC services often reduce the death or annuity benefits they would otherwise receive under the policy ...- Authors: Society of Actuaries, Robert Eaton, Timothy Kempen, Amy Pahl, Allen J Schmitz
- Date: Mar 2020
- Competency: External Forces & Industry Knowledge
- Topics: Long-term Care
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Utilization: A Review of Two Projection Methods
utilization for the next five years is shown in the table in Figure 1. Figure 1 Projected Utilization, 5% ... each bucket and the weights for each bucket. The table in Figure 3 illustrates the resulting average utilization ...- Authors: Timothy Kempen, Jeremy Hamilton
- Date: Apr 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance