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Long-Term Care Product Design: Two Common Sense Reccommendations
Long-Term Care Product Design: Two Common Sense Reccommendations Proposes setting premiums such that inflation and age could change the premium over time, rather than prefunding. The value may be ...- Authors: Edward P Mohoric
- Date: Jan 2013
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Strategic Insight and Integration>Influence decisions; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance; Reinsurance>Product development - Reinsurance
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Facing Reality: LTCi Is Broken—Let’s Fix It
Facing Reality: LTCi Is Broken—Let’s Fix It The author analyzes why LTCi is so risky, capital-intensive and unprofitable, and then makes the case that if we rethink the fundamental way a ...- Authors: Roger Loomis
- Date: Jun 2013
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance
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Is Now the Time for Reinsurers to Enter LTCi?
Is Now the Time for Reinsurers to Enter LTCi? A recent Society of Actuaries study calculates safety and stability for current Long Term Care Insurance premiums. Long-term care ...- Authors: Marc Glickman
- Date: Mar 2016
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; Results-Oriented Solutions>Actionable recommendations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Reinsurance News
- Topics: Experience Studies & Data>Long-term care - Experience Studies & Data; Experience Studies & Data>Morbidity; Experience Studies & Data>Mortality; Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Sensitivity testing; Modeling & Statistical Methods>Simulation; Reinsurance>Pricing - Reinsurance
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A Neurologist's Deep Dive into Insurtech
A Neurologist's Deep Dive into Insurtech Overview on current trends in medical practice impacting the LTC insurance business with a focus on dementia, risk stratification, and predictive ...- Authors: Anitha Rao
- Date: Apr 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; External Forces & Industry Knowledge>Actuarial theory in business context; External Forces & Industry Knowledge>External forces and business performance; Leadership>Thought leadership; Strategic Insight and Integration>Strategy development; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: Actuarial Profession>Entrepreneurism; Economics>Health economics; Economics>Macroeconomics; Experience Studies & Data>Long-term care - Experience Studies & Data; Long-term Care>Long-term care insurance; Predictive Analytics; Technology & Applications>Analytics and informatics
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Challenges of Runoff LTC and Outsourcing to Mitigate Risk
Challenges of Runoff LTC and Outsourcing to Mitigate Risk Runoff LTC blocks present a wide range of business risks. Outsourcing certain tasks to third parties can help mitigate these risks.- Authors: Jeffrey Anderson, Van Beach
- Date: Dec 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions; 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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Utilization: A Review of Two Projection Methods
Utilization: A Review of Two Projection Methods This article compares the pros and cons of two methods for projecting LTC utilization: an average utilization method and a distribution method.- Authors: Timothy Kempen, Jeremy Hamilton
- Date: Apr 2018
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Technical Skills & Analytical Problem Solving>Innovative solutions
- Publication Name: Long-Term Care News
- Topics: Long-term Care>Long-term care insurance