This seminar begins with a snapshot of the Long Term Care insurance industry in early 2007.  This overview includes current and projected demographics, the current state of the Medicare and Medicaid programs and recent and proposed legislation designed to help fix the problems on the governments side.

The second part of the presentation dives into the premium assumptions used in designing LTC insurance policies.  Presentation will show how companies who pioneered this industry made assumptions that were flawed resulting in the rate increases that plagued this industry in the late 1990’s.  More importantly -- discussion about how the LTCi industry reacted to these problems with the passage of Rate Stabilization laws and how this legislation affected the industry leading up to 2007.