Description: This article discusses considerations for statistical biases that may arise in LTC blocks due to historical benefit reductions. The article explores these biases in the context of experience studies and experience projections.

Description: Company Considerations and Regulatory Perspective for Offering Reduced Benefit Options

Description: To help agents advise their clients on analyzing their LTCi rate increase options.

Description: Robert Eaton, FSA MAAA Principal at Milliman and Long Term Care expert will explain the basics of long term care insurance including its origins, evolution, and key components. Robert is an expert in his field and author of the textbook Insuring Long-Term Care. The video highlights the critical role of LTCI in assisting individuals with daily activities when their health deteriorates due to factors such as aging, injuries, or cognitive diseases. Contributors: Robert Eaton, FSA MAAA Danica Turner, FSA, MAAA, CERA, Scott Allen, FSA MAAA Jon Forster, ASA MAAA

Description: LTCi rate increases are large and becoming larger. As more and more policyholders cannot afford the cumulative impact, they need some relief - like access to the large contract reserve they have funded for the benefits they can no longer afford.

Description: In this video Robert Eaton, FSA MAAA Principal at Milliman goes over benefits, triggers for claims, coverage limits and structure, and ancillary benefits. He then talks about the evolution of LTC products into hybrid life products. Contributors: Robert Eaton, FSA MAAA Danica Turner, FSA, MAAA, CERA, Scott Allen, FSA MAAA Jon Forster, ASA MAAA