Description: This article summarizes the presentations by the Society of Actuaries and the Academy of Actuaries at the January 2015 National Academy of Social Insurance (NASI) Roundtables in Washington DC. SOA presented on the 2014 SOA monograph series "The Link between Retirement Security and Long-Term Care."

Description: This article describes how Long-Term Care riders attached to Life Insurance policies provide real insurance value at a reasonable cost and allow life insurance companies to compete on a basis other than cost.

Description: For a long time the primary focus of private LTC insurance companies has been to educate the public about the need for private LTC insurance and to make the product more acceptable to a wider population. To this end there have been numerous changes to the product design to make this product more acceptable to general population. However, one of the things that may have been overlooked in those product design changes is the need for alignment of policyholder and insurance company’s interests, which is to make coverage more affordable and to reduce adverse selection. Incentivizing good behavior from policyholders can not only make LTC insurance policies less expensive but also help policyholders make better health choices, which can help them stay healthy for a longer time. These incentives may also reduce some of the inherent risks in a long term care policy and may help in increasing the sales of private LTC insurance.

Description: Long Term Care Think Tank: Exploring the possibilities for helping the American public manage the financial burden of long term care. This report shares the output of a 1.5 day structured brainstorming session involving some of the LTC industry’s preeminent thought leaders. Ideas presented here are intended to help transform the delivery, accessibility, and financing of long term care.

Description: Feature article discussing recent innovations within the fixed annuity insurance industry and the changes those innovations may bring.

Description: The author discusses health care practices in Japan and how the US could successfully adopt some of them.

Description: Combo long-term care insurance products provide a viable option for the insurance industry to offer a sufficient range and supply of private long-term care financing solutions.

Description: The article describes what a Delphi study entails; describes past Delphi studies conducted by the SOA; and summarizes "Land This Plane" - A Delphi Study about Long-Term Care in the United States, which was published by the SOA in April 2014.

Description: This article is the second installment of a three-part series and is focused on providing an overview of LTC modeling approaches and considerations.