Benchmarks
A.V. Powell & Associates conducts more than 150 comprehensive ASOP#3 actuarial studies each year. Our experience, which is the most extensive among actuarial consultants, provides us with sufficient data to develop comparative benchmarks for key actuarial, demographic, and operating statistics. Since 1999 we have generated quartiles for 26 key statistics with the source data based on results of our clients’ comprehensive actuarial studies. These benchmark comparisons are a unique component for our current year client reports that enables us to objectively rank their actuarial performance in perspective with their peers.
Demographic Statistics
Average Entry Age Female
Average Entry Age Male
Average Attained Age Female
Average Attained Age Male
Age-80 Life Expectancy Female
Age-80 Life Expectancy Male
Number of ALU Residents per 100 ILU Residents
Number of NUR Residents per 100 ILU Residents
Number of Health Care Residents per 100 ILU Residents
ACTUARIAL AND FINANCIAL STATISTICS
Funded Status
Unified Funded Status
Single New Entrant Pricing
Couple New Entrant Pricing
Typical New Entrant Pricing
10-Year Reserve Increase Factor
Liquid Reserve Ratio
Actuarial Ratio
Actuarial Return on Fixed Assets
OPERATING STATISTICS
Average ILU Occupancy
Average ALU Occupancy
Average NUR Occupancy
Per Capita ILU Expense Per Day
Per Capita ALU Expense Per Day
Per Capita NUR Expense Per Day
Average Monthly Fee Increase
Average Entry Fee Increase
