Many factors affect the determination of long-term care (LTC) insurance premiums and resulting LTC insurance profit results, including the insured’s age, health history, marital status, benefits purchased , geographical area, and gender. Many of these factors are already used to separate premiums. There is clear actuarial justification and rationale for separate rates for males and females in long-term care insurance.

This article originally appeared in the April 2014 issue of Long-Term Care News, a newsletter published by the Society of Actuaries.