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Update README.md
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README.md
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license: apache-2.0
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# Project 1 Proposal of the Long Term Care(LTC) Aggregated Dataset
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### Curation Rationale
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### Source Data
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<!-- This section describes the source data (e.g. news text and headlines, social media posts, translated sentences, ...). -->
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license: apache-2.0
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tags:
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- Actuarial Science
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- LTC Products
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size_categories:
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- 100M<n<1B
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# Project 1 Proposal of the Long Term Care(LTC) Aggregated Dataset
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### Curation Rationale
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### Curation Rationale
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The creation of this dataset stems from the increased popularity of long-term care (LTC) products amid rising longevity rates. It aims to provide insights into the trends and patterns of the claim filing process. The expansion of the LTC product line necessitates that insurance companies establish more accurate reserves to ensure financial health and sustainability. This dataset is pivotal in laying the groundwork for such analysis.
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From my experience as a data analysis and administration intern at RGA, I understand the difficulties that arise from inadequate reserve practices and the lack of precise predictions in claim filings. These challenges underscore the need for a robust dataset that allows for comprehensive research into these critical areas. By leveraging this dataset, we can enhance the precision of actuarial predictions and reserve estimations, thereby contributing to the stability and efficiency of LTC insurance operations.
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### Source Data
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<!-- This section describes the source data (e.g. news text and headlines, social media posts, translated sentences, ...). -->
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