Description: This presentation from Session 87PD of the SOA 1996 Colorado Springs Meeting is about managing long-term-care persistency risk. The panelists comment on: 1. findings from the SOA 1995 Long-Term-Care Experience Report, 2. pricing implications, and 3. steps taken to affect persistency results. From the Record of the Society of Actuaries, Vol. 22, No. 2.

Description: At this session of the SOA 1995 Vancourver Spring Meeting, members of the Long Term Care Insurance Valuation Methods Task Force present the conclusions and rationale found in their final report. Assumptions, methodology, and NAIC's view of the report are discussed.