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Case 3: Improving LTC Projections with Predictive Analytics
(HC), and assisted living facility (ALF). Each table varied by gender as well as by lifetime and non-lifetime ... 54.3 MAE 6.5 5.5 5.2 The key takeaway from this table is that the GBM assump- tion produced similar results ...- Authors: Missy Gordon, Joseph Long
- Date: Aug 2018
- Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Experience Studies & Data>Long-term care - Experience Studies & Data; Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Regression analysis; Predictive Analytics
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Prospective Approach to Determining Allowable Rate Increases
followed by the move to rate stabili- zation in 2000, which allowed for no minimum loss ratio at the ... percent loss ratio to which we vary morbidity, mortality, and lapse rates. Scenario 1 In our first scenario ...- Authors: Kevin Kang, Raymond Nelson, Aaron Wright
- Date: Aug 2018
- Competency: External Forces & Industry Knowledge>External forces and business performance; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance