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.

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: 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: Author’s response to discussant comments for the 2009 Housing Wealth monograph paper, “Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo”. The paper describes the prevalence of the still uninsured long-term care financial risk, and how the at-need annuity/home equity combination can address long term care needs.

Description: Using the Delphi method, this study explores the opinions of various Long-Term Care experts and stakeholders on a wide range of LTC financing issues and potential solutions.

Description: Process risk, estimation error, model uncertainty, trend risk and catastrophe risk are the five main components of longevity risk uncertainty. In the face of this daunting uncertainty, what should the actuarial practitioner do? This session focuses on assessing model uncertainty, process risk and estimation error in mortality modeling. Besides discussing the theory behind methods for performing the assessment, presenters provide attendees with practical examples using R to help them in applying the methodologies and concepts presented.

Description: The Society of Actuaries (SOA) retained Milliman, Inc. (Milliman) to conduct a research project related to product innovation. This report explores key risks and considerations for product innovation using the long-term care insurance (LTC, LTCI) industry as a case study. We identify how actuaries of all backgrounds can apply the lessons learned, and challenges overcome, by the LTCI industry to improve future innovation, product development and risk management.

Description: Report on the activities of the Academy’s health practice council and its work groups.

Description: In this article, the author discusses long-term care and eldershield in Singapore.

Description: An overview of the various track topics and sessions in the 9th Annual ILTCI Conference.