Dear Actuary: What are demographic and longevity risks?
A primer for plan sponsors on demographic and longevity risks and how they affect public pensions.
Is it possible that an involuntary, partial social program could be established to provide long-term care (LTC) coverage? The financial impact on LTC carriers of a partial social LTC program would be highly dependent on the specific characteristics of the insurers’ LTC business as well as the features associated with the social program.
This article was originally published by the Society of Actuaries.