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Keywords:long-term care 

Newsletter
The Risks of Pricing New Insurance Products: The Case of Long-Term Care
Rosen, Richard J.; Mohey-Deen, Zain (2018)
This article examines what happens when incorrect assumptions are made in pricing new insurance products. The focus is on the mispricing of long-term care (LTC) insurance?which led to the insolvency of Penn Treaty.1
Chicago Fed Letter

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