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SigmaWay Blog

SigmaWay Blog tries to aggregate original and third party content for the site users. It caters to articles on Process Improvement, Lean Six Sigma, Analytics, Market Intelligence, Training ,IT Services and industries which SigmaWay caters to

Challenges in Long Term Care Industry

 Long term care industry is facing its biggest challenge at present. It has mainly two problems, buyers are often dropping polices more than the industry predicted and on the other hand LTC companies are struggling to survive in nearly zero interest rate. Incorrect forecast of lapse rate had squeezed the profit of the companies and forced them to increase premiums which have lost its attraction to new potential buyer. Hence LTC companies are in the verge of trimming their product line and reducing discounts. In spite of bringing new polices, the companies are still facing their biggest challenge. For more details please visit http://www.forbes.com/sites/howardgleckman/2012/08/29/whats-killing-the-long-term-care-insurance-industry/

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SOHAM SRIMANI
Thats a well written summary man
Tuesday, 25 March 2014 05:16
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Analytics - caring for health

Analytics Platforms are offering greater insights into real time surveillance of disease outbreaks. This will be helpful for countries like India, where population density is high. Due to the population size and density, India is prone to infectious diseases and controlling the outbreak of the diseases is becoming difficult.

With the help of predictive modelling, the Analytics Platforms can be used in determining the severity and spread of the disease. Based on these, the control measures can be applied accordingly.

 

For more information, please go through the link http://articles.economictimes.indiatimes.com/2014-01-31/news/46870122_1_disease-outbreaks-notification-system-syndromic-surveillance

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