Report of the American Academy of Actuaries’ Long Term Care Risk Based Capital Work Group June 2004 To the 4 MODELING APPROACH 10 10 LTC RBC WORK GROUP 42 8 FORMULA DEVELOPMENT 33 Appendix B Survey results 47 9 TOPICS FOR FUTURE INVESTIGATION 41 Appendix A Model Description 43 TABLE OF CONTENTS 6 ASSUMPTION SELECTION FOR BASELINE MODEL 22 Appendix C Loss Experience Form Loss Ratios 48 APPENDICES ii