Improving financial projections for long-term care insurance with predictive analytics

Predictive analytics has the potential to help long-term care actuaries develop more accurate projections via an automated robust process. This article by Milliman’s Missy Gordon and Joe Long walks through an illustrative case study for a company that transitions from using traditional techniques to using predictive analytics to develop a claim termination assumption.

This article was originally published in the August 2018 issue of Long-Term Care News.