Continuing Care Actuaries has over 100 years of national experience in consulting to the Life Plan Community (CCRC) industry. Our actuaries are credentialed by the Society of Actuaries, the Conference of Consulting Actuaries, and the American Academy of Actuaries. We currently have two actuaries serving on the Actuarial Standards Board committee regarding ASOP 3 which addresses CCRC and At-Home Actuarial issues.
CCA has performed actuarial analyses for over 450 CCRCs and at Home Programs, and we possess one of the largest databases of CCRC residents with over 800,000 life years of residential and health care data. We also have proprietary software for the amortization of entrance fees called LifeCalc Pro, and a financial underwriting software used to examine the risk of admitting prospective residents, Examiner Pro.
CCA has extensive experience providing actuarial services to federal and state governments. We are the appointed actuaries for the State of West Virginia Public Employees self-funded plan and the West Virginia CHIP program. Additionally, we provided the actuarial and economic analyses when the State of West Virginia developed their health care exchange and audit the DoD retiree healthcare liability.
CCA can meet and advise your senior management team, while complementing any outside consulting expertise you are currently receiving. CCA has extensive experience with self-funded health plans, stop-loss insurance coverage , claim liability reserves, audit and compliance including GAAP and STAT financial reporting, development of appropriate assumptions for valuing current and future liabilities, assessment of utilization and unit cost trends, valuations of capitation agreements and contracts, as well as new product development.
CCA has also built and maintained Long-Term Care Insurance proprietary models and we have extensive expertise in calculating ALRs, DLRS and performing GPVs sensitivity scenarios. CCA can act as your appointed actuary.
Does your community need help calculating your entrance fee amortization? Read more about LifeCalc Pro, our pricing and projection software.
We also offer Examiner Pro, a financial underwriting software package. For more information, click here.
Read the NIA Report completed by Continuing Care Actuaries and published by the Society of Actuaries. How does your community’s experience compare to more recent national trends?
Looking for an actuary?…contact us