Insight
Pulse Survey: Mental health benefits
Survey: Since the pandemic began, 66% of employers report increased use of mental health resources offered through their benefits plan, and 62% indicate a significant spike in claim costs
This article explores in detail two methods of developing reduced benefit options: the future loss ratio neutral approach and the cash flow neutral approach. What are the considerations that long-term care insurance companies have when deciding to offer these options and what are the implications from a regulator’s point of view?
This article was originally published by the Society of Actuaries.
Insight
Survey: Since the pandemic began, 66% of employers report increased use of mental health resources offered through their benefits plan, and 62% indicate a significant spike in claim costs
Developing alternative options during LTC premium rate increases: Company considerations and regulatory perspective for offering reduced benefit options
This article explores in detail two methods of developing reduced benefit options: the future loss ratio neutral approach and the cash flow neutral approach.