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  • Rate Increase Approaches Impact LTC Policyholder Behavior
    category of state approval as pre- viously described. Table 1 shows that policyholders receiving a one-time ... receiving only partial rate increase notifications. Table 1 Percentages of Policyholders Choosing to Modify ...

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    • Authors: Raymond Nelson
    • Date: Dec 2017
    • Competency: External Forces & Industry Knowledge>External forces and business performance; External Forces & Industry Knowledge>Internal forces and business performance; Professional Values>Practice expertise; Results-Oriented Solutions>Actionable recommendations; Results-Oriented Solutions>Assess decision effectiveness; Strategic Insight and Integration>Big picture view; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Incorporate risk management; Technical Skills & Analytical Problem Solving>Innovative solutions
    • Publication Name: Long-Term Care News
    • Topics: General Insurance (Property & Casualty)>Policyholder behavior - General Insurance; Long-term Care>Long-term care insurance
  • 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 ...

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    • 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