Long-term care insurance valuation: An industry survey of assumptions and methodologies

Milliman consultants Al Schmitz, Daniel Nitz, Tim Kempen have published a long-term care (LTC) insurance valuation survey. The survey reviews and documents the assumptions and methodologies related to the determination and testing of active life and disabled life reserves as well as the asset strategies and investments backing the reserves.

To download the research report, click here.

One thought on “Long-term care insurance valuation: An industry survey of assumptions and methodologies

  1. Insurance long-term care is a product that seemed destined to fill a great void in the ways to pay for this care. However, only between 7 and 9 million Americans have purchased these policies and coverage that only pays about 12% of the costs of long-term care nationwide. For those who receive the benefits, it is definitely a great advantage.

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