Insight
Parametric insurance: A captivating solution
Parametric policies, which pay based on the magnitude of an event, can bridge coverage gaps that are difficult to insure with a traditional indemnity policy.
Impacts of COVID-19 on in-force long-term care insurance
By Jeff Anderson and Mike A. Bergerson
08 April 2020
Given the frailty of and care required for the long-term care (LTC) population, COVID-19 will affect the LTC industry, though the directional impact is not certain. This paper examines COVID-19 implications on current long-term care (LTC) insured populations, short-term (2020) and long-term (beyond 2020) projection assumptions, and the effects on the LTC industry as a whole.
Explore more tags from this article
About the Author(s)
INSIGHT
Related Milliman Insight
Impacts of COVID-19 on in-force long-term care insurance
This paper examines COVID-19 implications on current long-term care (LTC) insured populations, short-term (2020) and long-term (beyond 2020) projection assumptions, and the effects on the LTC industry as a whole.
Jeff Anderson, Mike Bergerson