Saturday, March 7, 2009

WHERE IS THE REPORT?

Robert Brackbill
Chief, Company Licensing Division
Insurance Department
1345 Strawberry Square
Harrisburg, Pennsylvania 17120

Dear Mr. Brackbill
 
I have seen the complete Form A Filing. However, it is missing a document that is essential to the rational for establishing the trust.. That is the Milliman Report. Only a small part of it has been released, specifically concerning the five rate increases needed to maintain the trust's solvency. The full document will, I'm sure, provide a wider prospective on the trust. I respectfully request an abstract of the Milliman. Please send it via email or letter. 
 
(Since this report might provide concrete reasons for placing 170,000 senior long-term care policies
in a trust, it would be vitally important in determining whether the approval of the trust was warranted.) 
 
Sincerely, Bill Silverman

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