Examiner is an easy-to-use, but highly sophisticated computer model designed to help management anticipate future fee subsidies by accurately estimating the risk associated with each applicant to the community. The model can be tailored specifically to your community’s fee structure, contracts, refund agreements, services, and costs. Taken into account are the applicant’s age, gender, couple status, health status, choice of apartment, contract terms and more. Instead of using life expectancy averages, Examiner simulates each year of life in the community for a thousand independent simulations using Monte Carlo techniques.
Please contact us at www.continuingcareactuaries.com to set up a demonstration.
