Description: Proposes setting premiums such that inflation and age could change the premium over time, rather than prefunding. The value may be to change the approach to pricing LTC and improve the risk.

Description: The author analyzes why LTCi is so risky, capital-intensive and unprofitable, and then makes the case that if we rethink the fundamental way a stand-alone LTCi should work, it can be transformed into a successful product.

Description: New for 2017, we are introducing a series of articles by experienced industry professionals who are relatively new to long-term care (LTC).

Description: Although rate structures where low-cost cohorts subsidize high cost cohorts may be justified from a actuarial, marketing, or legal standpoint, the subsidization creates risks which must be understood and monitored. This article presents the concept of subsidization signature to measure and interpret the effects of rate subsidization, and to assess the sustainability of rating structures and the sensitivity of business mix assumptions.

Description: Discussion of the separate and joint effects of obesity and diabetes on disability and mortality, and ways these effects can be used to improved insurance pricing and reserving, reverse the increasing rates of obesity and diabetes, and improve current projections of disability and mortality risks.

Description: Mergers and Acquisitions: Appraising a block of Long Term Care business. From Long-Term Care Newsletter, August 2001, Issue No. 5.

Description: The Upside to Higher Persistency in LTC Insurance—Effects of Anti-Selection After Policy Issue By John L. Timmerberg from Long-Term Care Newsletter, September 2004, Issue No. 12.

Description: Discussion of landing spots and alternative options available to insureds at the time of an LTC rate increase.

Description: New for 2017, we are introducing a series of articles by experienced industry professionals who are relatively new to long-term care (LTC).

Description: Article discusses the impact of regulation on rate stabilization for long-term care insurance. From Long-Term Care Newsletter, December 2002, Issue No. 7.