Long-Term Care actuaries want to consider that actuarial assumptions based on historical data reflect some level of labor demand and supply, and that immigration has played–and will play–an important role in this equation. This article discusses an NBER paper addressing this issue.
This paper was originally published by The LTCi Summit.
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Economic and external factors that influence Long-Term Care claims
LTC actuaries want to consider that actuarial assumptions based on historical data reflect some level of labor demand and supply, and that immigration has played–and will play–an important role in this equation.
Robert Eaton