Report on IDI Mortality and Recovery Rates by Diagnosis Coding - Phase 2
May 2025
Authors
Robert W. Beal, FSA, MAAA
Retired Actuary
Thomas R. Corcoran, FSA, MAAA, ERA
Retired Actuary
Description
This report is Phase 2 of the 2024 IDEC Study and expands the analysis of Individual Disability Income (IDI) recovery and mortality rates by diagnosis, gender, elimination period, benefit period, occupation class, and claim year. Unlike Phase 1, which focused only on claims with a 90-day elimination and To Age 65–70 benefit period, this phase includes claims with 30-, 60-, and 180-day elimination periods and short-term or lifetime benefit periods.
Materials
Impact of Diagnosis on IDI Recovery & Mortality Rates
2024 IDEC Study Claim Database
2024 IDEC Study Claim Database Documentation
Acknowledgements
The authors are deeply grateful to the IDEC membership, in particular Jay Barriss, for their thorough review of this report. We also want to extend our appreciation to Devin Barry from the Milliman, Portland, ME office for her dedicated checking of the data and calculations supporting our analyzes. This study relies totally on the 2006-2014 IDEC Claim Database and comprehensive IDEC reports analyzing this database.
IDEC Members:
Jay Barriss, FSA, MAAA (Chair)
Tasha Khan, FSA, MAAA (Vice Chair)
Viresh Bawa, FSA, MAAA, CERA
Robert Beal, FSA, MAAA
Jordan Cadorette, FSA, MAAA
Tom Corcoran, FSA, MAAA, CERA
Derrick Haddad, FSA, MAAA, CERA
Charles Herman, FSA, MAAA
Mitch Huppenbauer, FSA, MAAA
Martin Jeung, FSA, FCIA
Chris Keffalos, ASA, MAAA
Tracy Koch, FSA, MAAA
Chris Kozol, ASA, MAAA
Jamie Maestri, ASA, MAAA
Beth Neas, FSA, MAAA
Maureen Shaughnessy, FSA, MAAA
Daniel Sim, FSA, MAAA
Robert Spangler, FSA
Jonah Yearick, FSA, MAAA, CERA
Ying Zhou, FSA, MAAA, CERA
At the Society of Actuaries Research Institute:
Korrel Crawford, Senior Research Administrator
Pete Miller, ASA, MAAA, Experience Studies Actuary
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