Practice Note

Long-Term Care Insurance Compliance with the NAIC LTCI Model Regulation Relating to Rate Stability

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Publish Date:

05/01/2003

Category:

Policy & Research

Topics:

Long-Term Care, NAIC

Long-Term Care Insurance Compliance with the NAIC LTCI Model Regulation Relating to Rate StabilityPLEASE NOTE: This practice note was superceded by the 2012 Long-Term Care Insurance Compliance with the NAIC LTCI Model Regulation Relating to Rate Stability practice note.

Practice Note developed by the Long-Term Care Work Group of the State Health Committee to  provide guidance to LTCI pricing actuaries when pricing LTCI policies under the rate stability provisions of the 2000 Model Regulation by providing examples of some reasonable approaches that could be taken in performing this work.