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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 ...- 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
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Incentivizing Desired Behavior in Long Term Care Policies
Incentivizing Desired Behavior in Long Term Care Policies For a long time the primary focus ... for alignment of policyholder and insurance company’s interests, which is to make coverage more affordable ...- Authors: Sivakumar Desai
- Date: Apr 2014
- Competency: External Forces & Industry Knowledge>External forces and business performance; Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: Economics>Behavioral economics; General Insurance (Property & Casualty)>Policyholder behavior - General Insurance; Long-term Care>Long-term care insurance