We discuss the two main model types for modeling Hybrid Life and Health products - a claim cost model and an integrated first-principles model - and the pros and cons of each.

Combination products provide valuable, and often substantial, health insurance coverage in the framework of a life insurance or annuity policy.

This article explores in detail two methods of developing reduced benefit options: the future loss ratio neutral approach and the cash flow neutral approach.

We describe new approaches to long-term care financing that rely on home equity release, and several of the challenges individuals face.

We discuss key product development and pricing considerations, the advantages of offering many living benefit riders on a single life insurance policy, and considerations when filing these products for review and approval for…

We consider that actuarial assumptions based on historical data reflect some level of labor demand and supply and therefore immigration has played–and will play–an important role in this equation.

This article outlines industry practice and consideration for pricing of acceleration-only policies, a hybrid product where riders provide policyholders the opportunity to receive a portion of the policy’s death benefit…

How tech is enabling the future of this insurance product

A survey of industry participants.

Conservation of mortality, also known as “preservation of deaths” or “conservation of total deaths,” is the modeling principle an actuary may use to ensure consistency between assumptions of the total…

We explore powerful tools that can enhance traditional effectiveness studies and address some of their existing weaknesses.

We discuss the experience study impacts and considerations, as well as impacts on lifetime loss ratios and cohort evaluation considerations.

To best evaluate whether long-term care wellness programs produce claim savings, carriers need to perform a robust analysis of results, among other steps.

We examine long-term care (LTC) plan designs through the lens of LTC actuarial value, a concept offering fresh perspective on the space.

We have had the opportunity to help many of our clients on their experience analysis, projections, assumption setting and financial reporting in preparation for yearend reporting. 

LTC pharmacies play a crucial role in providing pharmaceutical services to residents of long-term care facilities, such as nursing homes, assisted living communities, and skilled nursing facilities. 

As states consider long-term care programs, we examine differences in payroll taxes under a front-end design, given the diverse environments across the U.S.