Description: This article incorporates the NAIC long-term care insurance model regulation to discuss the appropriateness of rate increases by monitoring emerging experience to manage the risk. This includes experience analysis issues, maximum rate increase calculations, business considerations and valuation issues. From Long-Term Care, December 2003, Issue 10

Description: Article from the editor

Description: Full version of Long-Term Care Newsletter, December 2004, Issue No. 13.

Description: Designing and Pricing LTCI Combination Products by Carl L. Friedrich from Long-Term Care Newsletter, December 2004, Issue No. 13.

Description: This is an article about claims and the growing impact they have on insurance companies financially.

Description: Full version of Long-Term Care Newsletter, December 2005, Issue No. 16.

Description: Full version of Long-Term Care Newsletter, September 2005, Issue No. 15.

Description: The LTCI Section of the Society of Actuaries is organized into eight networking tracks consisting of actuarial, claims, compliance, group, managerial, marketing, operations and underwriting. Each track is in the process of defining its mission, role, activities and how it plans to benefit its membership.

Description: Answers to questions that have surfaced with regard to recent trends in the use of psychiatric medications, including relative effectiveness compared to prescribing patterns, drivers of prescribing patterns, classification and indications for recently publicized drugs, role of primary care providers, preventive use ofdementia medications, and new developments in the field.

Description: For establishing the ongoing adequacy of claim reserves for blocks of long-term care insurance, retro testing is a blunt tool, the results of which are not conclusive. Claim reserve retro tests should be reviewed by claim duration, include the impact of interest consistently, and include updated assumptions that can have an impact on claim termination rates or other factors. The new NAIC LTC Experience Reporting Forms estimated to arrive for reporting year 2008 will help modernize LTCI retro tests, providing additional accuracy and standardization. Actuaries should not wait for these forms, but rather ensure that any claim reserve analysis moves beyond a basic calendar year retro test.