Long-Term Care
Federal and state long-term care issues, including the CLASS Act and LTC pricing/valuation.
Long-Term Care Resources
Comment / Letter
Letter to NAIC on Proposed Revisions to LTC Experience Reporting Instructions
Subgroup on LTC Experience Forms letter that addresses several issues raised by the NAIC in response to the Academy’s Long-Term Care Experience Subgroup’s May 20, 2005 letter with proposed…Letter to NAIC on Proposed Revisions to LTC Experience Reporting Instructions
Letter to the NAIC from the LTC Experience Forms Subgroup on proposed LTC loss experience exhibit forms (Forms 1, 2, and 3) along with the proposed instructions. This was updated in August 2005 in a…
NAIC Report
Report Supplement to NAIC on Recommended LTC RBC formula
Supplement to the June 2004 report to the NAIC with a recommendation for a new long-term care RBC formula.Report to NAIC with Recommendation for New Long-Term Care RBC Formula
Long Term Care Risk Based Capital Work Group report on the review of the Managed Care Organization RBC formulas for LTC describes the source of data, methodology, analysis, and recommendations. It…
Comment / Letter
Letter to NAIC on Proposed LTC Model Valuation Regulation
Long-Term Care Reserve Work Group letter to NAIC that illustrates the anticipated impact of various hypothetical changes in the mortality, voluntary lapse, interest and morbidity valuation…
Comment / Letter
Letter on LTC RBC Report
Long-Term Care Risk-Based Capital Work Group letter to the Deputy Insurance Commissioner of Pennsylvania responding to concerns regarding total asset adequacy as it relates to the Long-Term Care RBC…
Comment / Letter
Report on Managed Care Organization RBC Formulas from Long-Term Care RBC Work Group
Long-Term Care RBC Work Group interim report on the Managed Care Organization Risk Based Capital formulas for Long Term Care (LTC) insurance products and described the source of data, methodology,…
NAIC Report
Progress Report to NAIC from LTC Reserving Work Group
Update on the progress of six subgroups of the LTC Reserve Work Group: experience forms, morbidity improvement, credibility, termination experience, long-term objectives, and reserve assumptions in…
Comment / Letter
Letter to NAIC on Objectives of LTC Reserving Work Group
LTC Reserve Work Group outline of the proposed near-term and long-term objectives as they relate to the NAIC’s request for the Academy to review the reserve methodology for LTC insurance.
NAIC Report