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Prospective Approach to Determining Allowable Rate Increases
Prospective Approach to Determining Allowable Rate Increases This article discusses the mechanics of a prospective approach to calculating LTC rate increases and compares it to approaches defined ...- 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
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Rate Increase Approaches Impact LTC Policyholder Behavior
Rate Increase Approaches Impact LTC Policyholder Behavior Approaches to filing, approving and implementing LTC rate increases impact policyholder behavior regarding retaining/modifying their ...- 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