Description: This session discussion is about nonforfeiture values for long-term care: valuation of different approaches [cash surrender value, return of premium, reduced paid-up, extended term, shortened benefit period], sensitivity testing, implications for marketing and regulatory status. From Record of Society of Actuaries Vol. 19, No. 1A.

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: Panelists at this session of the SOA 2003 Vancouver Spring Meeting discuss Long Term Care Insurance pricing including the appropriate assumptions for claim costs, mortality, interest, lapse rates and required surplus, plus regulatory issues and the ability to obtain and implement rate increases.

Description: This session discussion is about Long-Term-Care valuation issues: current industry practices, regulatory needs, and the SOA Task Force on Valuation Methods of Long-Term-Care insurance. From Record of Society of Actuaries Vol. 18, No. 1B.

Description: This article discusses the ways reinsurers support ceding companies: 1. Sharing morbidity risk. 2. Sharing other risks such as return on investment. 3. Sharing of expertise such as providing underwriting advice. 4. Sharing financial resources. 5. Sharing the role of consumer protection.

Description: Preparing an initial LTCI rate filing under the 2000 LTCI Model Regulation certification requirements. From Long-Term Care, Dec 2003, Issue No. 10

Description: Managing the Risks at Extreme Age — Underwriting at Ages 80+. From Long-Term Care Newsletter, August 2002, Issue No. 6.

Description: Discussion of the items the AAA work group is reviewing with regards to the NAIC Model Regulation for Long-Term Care for premiums sufficiency and pricing. From Long-Term Care Newsletter, August 2002, Issue No. 6.

Description: 1994 SOA Meeting, San Antonio. The chairperson and members of the SOA LTC Insurance Valuation Methods Task Force discussed the major conclusions and decisions found in the exposure draft of the Society's Task Force for LTC Insurance Valuation Methods.

Description: Industry representatives address the market need for and acceptance of life and long-term care LTC combination products and the issues for carriers to consider regarding developing, marketing, and distributing this emerging product. From the Record of the Society of Actuaries, Volume 27, No. 3, Session 13PD of the New Orleans Annual Meeting.