PROCEEDINGS May 15, 16, 17, 18, 2005 - Casualty Actuarial Society

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676 ESTIMATING THE WORKERS COMPENSATION TAILbeginning of CY 2035 assuming the trended mortality method(versus the static method). Although there is little difference inthe survival probabilities shown in Table D.5, these differencesbecome fairly significant during future decades. This can be seenby comparing these rates to those shown in the Group SurvivalRate columns of Table 5.1.
ESTIMATING THE WORKERS COMPENSATION TAIL 677APPENDIX EQUANTIFYING THE ELDER CARE COST BULGETable E.1 discloses summarized data behind Figure 7.1. Theincremental paid amounts in the second column of Table E.1have been adjusted to a 2003 cost level assuming a constant9% per year rate of medical cost escalation. The incrementalamounts included in these totals were for accident years from1945 on, during calendar years 1991 through 2003. These havebeen totaled for groupings of five successive development years.The claim counts in the third column of Table E.1 are on adifferent basis than in the rest of this paper in order to focusonly on severity changes for claims where ongoing medical paymentsare being made. Consequently, these counts only includeclaims where some medical payment was made during the givencalendar year.The magnitude of the increases in on-level incremental severitiesfor later DYs shown in Figure 1.2 is greater than if thenumber of prior open counts was used. This is because the percentageof MPD claims for which payment activity occurs tendsto decline somewhat for later DYs. This decline indicates thatTABLE E.1Incremental Paid Severities at 2003 LevelDevelopment Years Incremental Paid Claims with Payment Incremental Paid(DYs) ($000s) Activity Severity16—20 537,626 99,417 5,40821—25 406,047 73,876 5,49626—30 318,881 50,646 6,29631—35 243,062 29,068 8,36236—40 129,420 14,486 8,93441—45 60,487 7,429 8,14246—50 38,960 3,674 10,60451—55 22,674 1,919 11,816
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VOLUME XCII NUMBERS 176 and 177PROC
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FOREWORDActuarial science originate
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2005 PROCEEDINGSCONTENTS OF VOLUME
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2005 PROCEEDINGSCONTENTS OF VOLUME
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Editorial Committee, Proceedings Ed
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2 AN EXAMINATION OF THE INFLUENCE O
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10 AN EXAMINATION OF THE INFLUENCE
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AN EXAMINATION OF THE INFLUENCE OF
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RISKINESS LEVERAGE MODELSRODNEY KRE
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RISKINESS LEVERAGE MODELS 33There a
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RISKINESS LEVERAGE MODELS 35where f
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RISKINESS LEVERAGE MODELS 37where a
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RISKINESS LEVERAGE MODELS 39Various
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RISKINESS LEVERAGE MODELS 55We also
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RISKINESS LEVERAGE MODELS 57Mean Va
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RISKINESS LEVERAGE MODELS 59APPENDI
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DISCUSSION OF A PAPER PRESENTED AT
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RISKINESS LEVERAGE MODELS 63known t
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RISKINESS LEVERAGE MODELS 65to be a
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RISKINESS LEVERAGE MODELS 67implies
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RISKINESS LEVERAGE MODELS 734. INTE
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RISKINESS LEVERAGE MODELS 79REFEREN
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RISKINESS LEVERAGE MODELS 81EXHIBIT
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RISKINESS LEVERAGE MODELS 83
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WHY LARGER RISKS HAVE SMALLER INSUR
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ADDRESS TO NEW MEMBERS 151ateship a
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ADDRESS TO NEW MEMBERS 153You shoul
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ADDRESS TO NEW MEMBERS 155strength
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MINUTES OF THE 2005 CAS SPRING MEET
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MINUTES OF THE 2005 SPRING MEETING
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Volume XCII, Part 2 No. 177PROCEEDI
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MODELING FINANCIAL SCENARIOS 179Bab
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WHEN CAN ACCIDENT YEARS BE REGARDED
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A NEW METHOD OF ESTIMATING LOSS RES
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ARCHITECTURE FOR RESIDENTIAL PROPER
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ESTIMATING THE WORKERS COMPENSATION
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THE “MODIFIED BORNHUETTER-FERGUSO
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ADDRESS TO NEW MEMBERS-NOVEMBER 14,
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ADDRESS TO NEW MEMBERS 743Now to an
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PRESIDENTIAL ADDRESS-NOVEMBER 14, 2
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PRESIDENTIAL ADDRESS 753me keep my
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MINUTES OF THE 2005 CAS ANNUAL MEET
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MINUTES OF THE 2005 ANNUAL MEETING
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REPORT OF THE VICE PRESIDENT-ADMINI
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2005 EXAMINATIONS—SUCCESSFUL CAND
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OBITUARIESROBERT GRANT ESPIECLYDE H
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OBITUARIES 825SIDNEY M. HAMMER1931
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OBITUARIES 827J. GARY LaROSE1947—
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OBITUARIES 829PAUL J. SCHEEL SR.193
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OBITUARIES 831LEO M. STANKUSCirca 1
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INDEX TO VOLUME XCIIPage2005 EXAMIN
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835GRAVES, CLYDE H.INDEX—CONTINUE
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837INDEX—CONTINUEDREPORT OF THE V
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PROCEEDINGS May 15, 16, 17, 18, 2005 - Casualty Actuarial Society

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