Description: Editor previews the issue

Description: There are many ways to manage a long-term care closed block of policies but some of the common ones are rate increases, enhancement of claim practices and helping policyholders to remain independent and thriving at home.

Description: Chairperson's Corner. Commentary on the changing conditions in the LTC insurance industry,

Description: Letter from the editor, she reflect on the various topics that we covered in the newsletter this year.

Description: Today, a plethora of tools and approaches exist to develop lifetime projections of long-term care (LTC) business. Within these tools lie two distinct approaches to project mortality; namely, by using assumptions that are applied: (1) to an all-lives exposure base, or (2) separately for disabled- versus active-lives exposure bases. Using disabled versus active mortality allows for more granular modeling of the two different cohorts that exhibit dramatically different mortality. And so, when using an all-lives mortality assumption, is the projection missing important details about the appropriate mortality level? This article seeks to not only answer this question, but also answer how a “traditional” all-lives mortality assumption can be impacted when you introduce a combination of the two modeling techniques into the development of a mortality assumption. To answer these questions, we examined the experience and results developed from one c ompany as an illustrative case study.

Description: This article highlights several innovative ideas in the LTC insurance industry that were discussed at the 2016 ILTCI Conference, including: LifeStage LTC, insurance linked to wearable devices, repackaging existing LTC, retirement accounts, and "uberfication" of home health care.

Description: May 2016 issue of LTC News

Description: This article provides a summary of the 2016 Milliman LTC rate increase survey and additional commentary from our years of experience with rate increase filings.

Description: Overview of market research plan to test consumer interest in 2 new LTC finance options which emerged from the most recent Society of Actuaries' LTC Think Tank

Description: This article gives an overview of the key provisions in the new law, and provides an actuarial perspective on the effect the new law could have on long-term care (LTC) insurance and long-tailed health business generally.