LONG-TERM CARE INSURANCE: A MANUAL FOR REGULATORS

Award Information
Agency: Department of Health and Human Services
Branch: N/A
Contract: N/A
Agency Tracking Number: 13575
Amount: $238,134.00
Phase: Phase II
Program: SBIR
Awards Year: 1991
Solicitation Year: N/A
Solicitation Topic Code: N/A
Solicitation Number: N/A
Small Business Information
6928 Little River Trnpk #e, Annandale, VA, 22003
DUNS: N/A
HUBZone Owned: N
Woman Owned: N
Socially and Economically Disadvantaged: N
Principal Investigator
 Gordon R Trapnell
 (703) 941-7400
Business Contact
Phone: () -
Research Institution
N/A
Abstract
THIS PHASE I PROJECT WILL DEVELOP A MANUAL FOR THE FINANCIAL REGULATION OF LONG-TERM CARE INSURANCE, COVERING THE FINANCIAL BASIS, POLICY PROVISIONS, REVIEW OF PREMIUM RATE FILINGS, CUMULATIVE LOSS RATIOS, RATE INCREASE REVIEWS, RESERVE STANDARDS, NONFORFEITURE PROVISIONS, AND SOLVENCY REQUIREMENTS. IN PHASE II, AN ACTUARIAL COMPUTER MODEL WILL BE DEVELOPED THAT STATES CAN USE TO DETERMINE CUMULATIVE LOSS RATIOS, CALCULATE NONFORFEITURE TABLES, AND REVIEW PREMIUM RATES.

* Information listed above is at the time of submission. *

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