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: The Congressional Budget Office reports that out-of-pocket expenses accounted for 19 percent of the total long-term care LTC expenses in the United States in 2006, and private LTC insurance accounted for only 8 percent of these expenses, which shows that Americans are underinsured for LTC expenses. While it is true that public programs like Medicaid and Medicare cover much of the nation’s LTC expenses 68 percent of the total LTC expenses in the United States in 2006, eligibility for these programs comes at a great cost to the individual.

Description: This survey is intended to share insurance company risk management practices and perspectives, so that these stakeholders may have a common understanding when discussing fraud, waste and abuse in LTC insurance claims.

Description: This is the fourth Intercompany Study of Long–Term Care Insurance. This report combines and analyzes data received from 24 insurers that agreed to provide information to further the knowledge of long–term care insurance. Those insurers are listed in Appendix A of the report.

Description: A fact sheet about the Long-Term Care (LTC) Experience Study Aggregate Database 2000-2011 Report.

Description: Essay submission on impact of COVID-19 on Senior Housing and Support.

Description: Presentation of Long-Term Care Insurance Mortality and Lapse Study presentation to NAIC Health Actuarial (B) Task Force (HATF) on November29,2021.

Description: The 5th Annual Inter-Company LTCI conference was a tremendous opportunity for the thought leaders in our industry to come together and exchange information on current claims practices.

Description: Cognitive tests used in the long-term care insurance industry differ in cognitive domains tested, time required for testing, ease of test administration, sensitivity and specificity. Recently, new approaches to scoring or testing have improved test utility for screening for cognitive impairment.