Student Work

Estimating disability incidence rates for long term care insurance

Public

This paper uses data from the 1999 NLTCS and NHIS surveys to compute Long Term Care (LTC) prevalence rates. We develop several triggers, evaluate a test of cognitive ability, and compute prevalence rates for each trigger. We develop a model to compute LTC incidence rates based on the prevalence data. We find that incidence is a strictly increasing function of age and that there is a sharp increase in incidence rates starting at age ninety.

  • This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.
Creator
Publisher
Identifier
  • 05C040M
Advisor
Year
  • 2005
Sponsor
Date created
  • 2005-01-01
Resource type
Major
Rights statement
Last modified
  • 2021-10-03

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