Our LTC (Long Term Care)-related practice has always been a significant part of our overall practice, and it continues to be one of our fastest growing practice areas as well.

The staff of UHAS is highly-qualified to perform all actuarial-related functions that might be needed regarding LTC.  Below are some examples of how we have supported our clients:

• We have served as a full-service LTC actuarial department, including all product/rate-related and valuation-related work;
• We have handled various block management activities including:
  • Persistency studies;
  • Claim experience studies;
  • Determining whether a block of LTC insurance needs a rate increase;
  • Developing actuarial materials for a rate increase filing;
  • Filing with the various state insurance departments; and,
  • Responding to any objections from states including visits to state insurance departments when appropriate.
• We have performed actuarial appraisals and developed projections for other purposes;
• We have served in various expert witness and litigation support engagements;
• We have performed Statutory, Tax and GAAP liability/reserve calculations along with other reporting- and valuation-related projects;
• We have provided services with respect to all aspects of LTC product development, including assumption development; and,
• We have peer-reviewed other firms’ work on all of the items listed above.

The staff at UHAS working on LTC-related projects have on average 15 years of LTC-related work experience.