Dear Actuary: What are demographic and longevity risks?
A primer for plan sponsors on demographic and longevity risks and how they affect public pensions.
In October 2020, Milliman released its third Hospital Indemnity (HI) Survey report. This report represents 32 carriers and $1.8 billion in inforce premium. The surveys explore numerous facets of the HI market, including sales and inforce, product profile, product features, offerings, target metrics, commissions and tech fees, enrollment & portability, maternity benefits, underwriting, claims and billing, risks, competitors, and popular benefits. Additionally, we segment data, where appropriate, by group, worksite individual, and non-worksite individual. We provide a comprehensive analysis of key market trends with insights from our consultants. For more information, please contact David Bahlinger in our Tampa, Florida, office.