This Society of Actuaries article by Jeff Anderson and Mike Bergerson explores the advantages and disadvantages of long-term care policy buyouts from various stakeholder perspectives. It also discusses actuarial implications for a carrier thinking about offering a buyout plan.
Combination products provide valuable, and often substantial, health insurance coverage in the framework of a life insurance or annuity policy. Insurance companies offer many varieties of benefits in the market. This article by Milliman consultant Robert Eaton addresses a range of combination life insurance and health products.
This article was published in Society of Actuaries Product Matters Newsletter.