Long-Term Care Insurance Multistate Rate Review (EX) Subgroup

2021 Adopted Charge

The Long-Term Care Insurance Multistate Rate Review (EX) Subgroup will:

Develop a consistent national approach for reviewing LTCI rates that results in actuarially appropriate increases being granted by the states in a timely manner and eliminates cross-state rate subsidization. The Subgroup should complete its charges by the 2021 Summer National Meeting.

Calendar

There are no call materials at this time.

At the direction of Long-Term Care Insurance Multistate Rate Review (EX) Subgroup, please find below the second draft of the operational sections to the Long-Term Care Insurance (LTCI) Multistate Rate Review Framework for public comment.

MSA Framework Operational Draft September 2021 Exposure

Comments should be sent electronically to NAIC staff, jkoenigsman@naic.org, by close of business Monday, Oct. 11, 2021.

At the direction of the Chair of the Long-Term Care Insurance Multistate Rate Review (EX) Subgroup, please find below the second draft of the actuarial sections to the Long-Term Care Insurance (LTCI) Multistate Rate Review Framework for public comment.

MSA Framework Actuarial Draft September 2021 Exposure

A conference call of the Subgroup will be scheduled soon to explain the revisions to the draft. For your reference, the attached comment summary indicates where revisions were made.

Comment Summary (Reference Material)

Comments should be sent electronically to NAIC staff, jkoenigsman@naic.org, by close of business, Thursday, Oct. 28, 2021.

Related NAIC Publications

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