Release 8.7 (re)introduces claim transition studies. These are used for long term care analysis allowing claims to be analyzed by by claim cause, duration since loss date and duration since start of the claim state. This is fully integrated with the claim termination study.
This release also incorporates substandard ratings in the policy termination study expresses as factors or flat extras, and adds the Policy Year study method to the claim termination analysis.
Claim Transition Study
A new Claim Transition application is available allowing state-transition studies using the latest claim and claim state records. It is fully integrated and consistent with the Claim Termination study.