Description: In this video Dale Hall, Managing Director of Research at the Society of Actuaries Research Institute, discusses the recently published report on Informal Caregiving: Measuring the Cost and Reducing the Burdon. Highlighting the motivation behind the research and addressing the substantial costs and widespread impact of informal caregiving, Hall presents statistics indicating the prevalence and financial implications, emphasizing the disproportionate burden on women. He explores the potential negative effects on caregivers and their employers, especially in the context of evolving demographic trends and the influence of COVID-19. Contributors: Dale Hall FSA, MAAA, CFA, CERA , Rose Northon, Steven Siegel ASA MAAA, Jon Forster ASA MAAA

Description: The article provides a summary of key issues presented at the 2023 U.S. Living to 100 Symposium focused on the interests of retirement professionals and retirees. It provides an overview of the subjects covered. The discussion focused on the well-being of retirees and the development of the retirement system. It is focused on late-in-life issues and having the best life possible during that period. It balances technical and lifestyle issues, with an emphasis on mortality and longevity trends and influences. Some of the topics discussed include the impact of COVID, climate, housing, and age-friendly communities. The Elder Tech Symposium was merged into Living to 100 and includes discussion of a variety of technology approaches to improve lives and simplify support. The symposium recognized that the decisions needed and concerns during retirement are different later in life, particularly as people decline.

Description: In this video Dale Hall, Managing Director of Research at the Society of Actuaries Research Institutue, presents finding from a report on state-based catastrophic insurance coverage for long-term care in cases of conditions like dementia, ALS, and multiple sclerosis. Focusing on Minnesota as a representative state, the research explores stakeholder opinions on two program options: a comprehensive approach and a condition-specific model. While stakeholders favored a comprehensive structure, they highlighted operational challenges, the necessity of mandatory participation, and the importance of education and marketing efforts. The major takeaway is broad support for the concept, though overcoming operational hurdles and determining cost parameters are crucial for future program development. Contributors: Dale Hall FSA, MAAA, CFA, CERA , Rose Northon, STeven Siegel ASA MAAA, Jon Forster ASA MAAA

Description: Reflections from the past year as chair of the LTC Section Council.