Description: The Society of Actuaries (SOA) retained Milliman, Inc. (Milliman) to conduct a survey on the impact of COVID-19 on Long-Term Care (LTC) insurance mortality, voluntary lapse, and morbidity experience. The results of this survey, which was conducted from November 2020 through January 2021, are presented in this report.

Description: Feature article discussing combination long-term care products.

Description: Newsletters provide practical information for the working actuary, articles on trends that impact sections and news about section activities.

Description: A summary of each seminar from the 2019 Intercompany Long-Term Care Insurance (ILTCI) Conference Association meeting.

Description: How does spousal contagion influence long-term care needs? This article provides high-level results of spousal claim analysis and discusses potential implications to the LTC insurance market.

Description: Long-term care policy buyouts have been discussed within the industry lately as an additional policyholder option alongside a premium rate increase. This article discusses potential advantages and disadvantages of long-term care policy buyouts from the perspective of insurance carriers, regulators, and policyholders. It also explores certain key actuarial considerations relating to long-term care policy buyouts including potential approaches to valuing a buyout, adverse selection, and reinsurance.

Description: Explore the findings from the research paper recently released by Milliman and the SOA, highlighting the growing need for support of informal/family caregivers. We will discuss both quantitative and qualitative data that illustrates not only the cost and burgeoning need, but the mental/emotional stressors that come along with this work.

Description: With the evolution of long term care benefits in the insurance space, how does a customer know what product to choose? This webinar will present various ways someone can protect themselves with LTC insurance policies and riders.

Description: Discover the essentials of health reserving in the bustling city of Chicago. This introductory session is designed to demystify the fundamentals of health reserving for actuaries. Explore key concepts such as reserve calculations, methodologies, and regulatory requirements.Led by experienced professionals, this session will equip you with the practical skills and knowledge needed to perform health valuation. Engage with fellow participants and immerse yourself in the vibrant energy of the Windy City as you build a solid foundation in health reserving. Whether you're new to the field or seeking to refresh your understanding, this session is your gateway to mastering health reserving basics in Chicago's dynamic environment.

Description: This webcast will provide a foundational overview of LTC, including its role in the current health care system, the growing costs and demand, and recent legislative activity in the U.S. Gain firsthand insights from the director of the WA Cares Fund—the nation’s only state-based social insurance program for long-term care—covering its design, funding, and implementation. We’ll also broaden the perspective with an overview of international approaches, featuring the Dutch long-term care financing model as a case study. This webcast is ideal for anyone seeking to understand the evolving public policy and financing solutions for long-term care needs in the U.S. and abroad.