Description: This interactive panel discussion will cover perspectives on:</p><ul><li>the evolution of AG51 requirements, including practical considerations for implementation</li><li>the general evolution of long-term care insurance regulation</li><li>how both the public and private sector can help invigorate sales of long-term care insurance

Description: Part 2 of a two part article on Long-Term Care Insurance and suitability between a recommended product and the client&#39;s. From Long-Term Care Newsletter, October 2000, Issue No. 3.

Description: This article explores several ideas about in-force management and product innovation that may help the industry to reboot, in order to continue protecting Americans against the financial

Description: While tax-qualified products meet an existing demand in the long-term care market, the statutorily required language of Section 7702B can present challenges as claims are presented. Every day, claims professionals grapple with whether the facts of a claim constitute substantial assistance or a severe cognitive impairment. “Close call” claims decisions continue to increase as claims volumes rise across the long-term care insurance sector. This article analyzes the Section 7702B language, identifies potential pitfalls in administering claims made on tax-qualified policies, and illustrates how to avoid such pitfalls through hypothetical scenarios.

Description: Bringing managed care concepts into LTC claims management could benefit insurers, policyholders, and providers. This article outlines the case for doing so, and articulates the benefits to each stakeholder in the LTC claims process.

Description: Protecting oneself in older age from risks is the sine qua non of retirement planning. But far too many people don’t approach retirement (or retirement planning) well. From a policy perspective, we know about half the senior population will have some sort of long-term care event. We need to recognize that long-term care risk is a component not just of aging but of retirement. Placing long term care solutions in the retirement space is critical to reaching the bulk of the population. Combined with the additional element—recognition of risk—this would be both a powerful protection but also a natural one for individuals to understand.

Description: The article describes what a Delphi study entails; describes past Delphi studies conducted by the SOA; and summarizes &quot;Land This Plane&quot; - A Delphi Study about Long-Term Care in the United States, which was published by the SOA in April 2014.

Description: LTCI Pricing and Product Development Trends from an actuarial survey. by James C. Berger from Long-Term Care Newsletter, December 2002, Issue No. 7.

Description: This is a letter to Kathleen Sebelius, Secretary of the U.S. Department of Health and Human Services [HHS] from the SOA and AAA. The letter asks that the law prohibiting use of genetic information in underwriting not be extended to Long-Term Care Insurance as has been proposed by HHS.

Description: Chairperson&#39;s update on the Long-Term Care Insurance Section