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Case 3: Improving LTC Projections with Predictive Analytics
Case 3: Improving LTC Projections with Predictive Analytics Third article in a series on how to use predictive analytics to improve the development of long-term care projection assumptions.- Authors: Missy Gordon, Joseph Long
- Date: Aug 2018
- Competency: Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Innovative solutions; Technical Skills & Analytical Problem Solving>Problem analysis and definition; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Experience Studies & Data>Long-term care - Experience Studies & Data; Long-term Care>Long-term care insurance; Modeling & Statistical Methods>Regression analysis; Predictive Analytics
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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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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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Claim Reserve Model – How Actuaries Rely Upon the Claim Data They Receive
Claim Reserve Model – How Actuaries Rely Upon the Claim Data They Receive Following up on recent articles on claim reserves and retrospective testing, this article examines some data quality and ...- Authors: Bruce Stahl
- Date: Sep 2008
- Competency: External Forces & Industry Knowledge>Actuarial methods in business operations; Professional Values>Practice expertise; Technical Skills & Analytical Problem Solving>Process and technique refinement
- Publication Name: Long-Term Care News
- Topics: Actuarial Profession>Best practices; Experience Studies & Data>Long-term care - Experience Studies & Data; Long-term Care>Long-term care insurance; Modeling & Statistical Methods