Description: Session 99IF of the Palm Desert Spring Meeting panelists discuss the rejuvenated long-term care insurance market. From the Record of the Society of Actuaries, Vol. 23, No. 1.

Description: The article provides an overview of the federal tax treatment of long-term care insurance contracts, including a brief history of the tax treatment of long-term care insurance, the requirements that must be satisfied in order to be treated as qualified long-term care insurance under the Internal Revenue Code, and a brief discussion of qualified long-term care combination products and chronic and terminal illness accelerated death benefits offered under life insurance contracts.

Description: The SOA has been interested in financing of long term care for many years. As part of this interest, they approved a state-based research effort in the chosen location of Minnesota. Join authors of the research as they present their findings . The research effort looked at stakeholder responses in Minnesota to several designs that would create a state-based catastrophic long-term care insurance program. The conceptual work was based on efforts by Cohen, Feder and Favreault using the DYNASIM model created by the Urban Institute. Catastrophic coverage would be provided after a variable waiting period based on income. Private resources, including long-term care insurance, would be expected to cover the front end. (Persons on Medicaid would continue to have their gap coverage provided by that program).

Description: As the topic of affordable long-term care (LTC) insurance comes into focus in political conversations, we often find ourselves thinking, “What is going to happen to the private LTC insurance industry going forward?” The need for LTC in the United States is not going away, especially as the population continues to age. With this in mind, this article explores three possible future paths for LTC insurance funding and the associated implications for the private LTC industry.

Description: This session discusses items being promoted by the administration, other politicians, and others interested in the outcome of health care reform. Included is the possible effect on private LTC insurers, LTC taxation, and reporting requirements. From Record of Society of Actuaries Vol. 20, No. 3A.

Description: Discussant comments for the 2009 Housing Wealth monograph paper, “Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo”. The author finds that the ideas discussed in this paper should stimulate more thinking about financial products and public sector programs and how they can better serve older homeowners.

Description: This session is about supplemental and specialty health products in Japan, the UK, Canada and Australia. It also includes a discussion on health care reform for individual health and long-term care products. From Record of Society of Actuaries Vol. 19, No. 1A.

Description: Reunite with members and non-members in the China actuarial community to discuss recent topics and related issues in areas such as macroeconomic sharing, IFRS 17, product strategy, cross-border communication and discussion, and more. Advance your career through learning and networking opportunities, and share your experiences in the finance and insurance industries, as well as other fields related to actuarial science.

Description: This session will discuss the implications of a proposed federal catastrophic long-term care program, the WISH Act. The session will focus on the benefit to consumers, the financial soundness of the proposed program and the regulatory steps necessary to achieve the desired public/private insurance program goals. The session may also consider state based reform proposals.

Description: Article on the history of the Long Term Care Discussion Group, a Washington DC-based venue for discussing long-term care and related issues for over 20 years.