Capriciousness: “The quality of changing mood or behavior suddenly and unexpectedly.” Two takeaways from the pandemic are that we are suddenly more aware that early unexpected deaths do occur, and under no circumstance do we want to end up in a nursing home. By 2034 older Americans will outnumber children. Within a dozen years every […]
The law of large numbers: Probability and statistics state that as a sample size grows the mean number gets closer to the average number of the entire population studied. The more similar the life or health insurance cases that are studied, the closer an insurance company can get to a predictable probability. Cases that typically […]
Nuclear power is the most government-regulated industry in the country. The second most regulated is the Long-Term Care (LTC) industry. Being such a highly regulated industry, why doesn’t it deliver the benefits most people want? When interviewed, most people say they want more home care, fewer nursing homes, lower costs, higher quality, and more choices […]
