Examiner is a financial underwriting software that is an easy-to-use, but highly sophisticated computer model designed to help CCRCs 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. Based on the applicant’s assets, income information and applicable information, the model predicts the likelihood of a resident requiring fee subsidization at some point based on their life expectancy.
Please contact us at www.continuingcareactuaries.com for a demonstration.