Explaining the Longevity Gap

The longevity gap refers to lower longevity rates in the United States relative to other developed countries. Critics of the U.S. healthcare system point to the gap as a characteristic of the flawed health insurance system. However, a recent New York Times article discusses the research of Samuel H. Preston and reveals some of the errors contained in the logic of critics of the U.S. health system. Source: New York Times Full Story

World Economic Forum Releases Research on the Future of Pension and Healthcare Financing

The World Economic Forum--in partnership with Mercer and the OECD--delivered its findings from a two year study on the future of the pension and healthcare financing systems in ageing countries. A Mercer article discussing the research can be found by clicking on the "full story" link at the bottom of this post. Longevity risk and the role of private annuity markets are discussed, as are the potential longevity risk-mitigating effects of longevity-indexed bonds. Source: Mercer Full Story
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Acacia Life

Short Company Name: 
Acacia Life
Long Company Name: 
Acacia Life Insurance Company

With national headquarters in Bethesda, Maryland, the Acacia Group, a

Company Type: 
Insurance Company
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7315 Wisconsin Avenue
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Questions and Answers on Long-Term Care Insurance

There is a very good article in the New York Times on long-term care insurance . The article is largely in a question and answer format. It is non-technical and there are many comments and questions from readers that should prove very useful to anyone taking a look at long-term care insurance products for themselves or for a family member. There are good, basic questions such as "why should I buy long-term care insurance" and "don't Medicare and Medicaid cover long-term care?" Long-term care...

Up to 64% of American Households at Risk of Failing to Maintain their Standard of Living in Retirement

The Center for Retirement Research at Boston College released a brief and an update of their National Retirement Risk Index (NRRI).  A link to the brief summary can be found here.

The NRRI shows the percentage of American Households that are at risk of failing to maintain their standard of living in retirement.  The index shows that 44% of American households are at risk.  This figure increases to 61% when healthcare costs are included, and to 64% when the...