SHARE:
supltci
| Variable | Question text | Label |
|---|---|---|
| slt001_randomizer | Randomizer ltci market decrease | randomizer ltci market decrease |
| slt002 | Suppose that you own a long-term care insurance policy that covers a maximum annual spending of $^fL_amount_ltc on long-term care in any year in which you need care.
Suppose that the stock market decreases by ^slt001_randomizer next year. We are now interested in the percent chance that during this next year the long-term care insurance policy becomes worthless due to no fault of your own. This means that the policy will never make any payments. This might occur if the insurance company goes out of business, they claim you violated a clause in the contract, or they ruled the policy void for some other reason. What is the percent chance this occurs? | probability ltci worthless |
| slt003 | Suppose that you own a long-term care insurance policy that covers a maximum annual spending of $^fl_amount_ltc on long-term care in any year in which you need care.
Suppose that you will need long-term care for the next calendar year. We would now like to focus on what might happen just during the next calendar year. You have been given 20 balls to put in the following bins. Each bin describes a scenario that involves the annuity payment that you are supposed to get next year. The more likely you think a bin is, the more balls you should put in that bin. If the stock market decreases by ^slt001_randomizer next year, what do you think will happen to the long-term care insurance payment? | less expected distribution supplemental ltci |
| slt004 | You put ^sup_ltc_balls[2] ball(s) in the bin marked "I will receive a payment less than I am supposed to receive." Please provide more detail on what you believe is likely to happen in this event by distributing those balls in the following bins. The more likely you think a bin is, the more balls you should put in that bin.
If the stock market decreases by ^slt001_randomizer next year and you do receive a payment that is less than you are supposed to receive, how much do you think you would get? | ltci decrease probability distribution |
| sup_ltc_balls | ||
| sup_ltc_balls_temp | ||
| sup_ltc_bars |