One of my favorite shows to watch with my middle school aged son is "How It's Made" on the Science Channel . As the title hints, the premise is simple - take any physical object that's sold and they will demonstrate the manufacturing process.  The variety of goods they feature is endless and wonderfully random- this week's show features mini pepperoni, irrigation sprinklers, and leather gloves.

After seeing the show a few times you'll look at the world differently.  How do they get the gel in gel-caps, or the lead into a pencil?  

For a lot of people, LTC Insurance is also confusing.  From regulators to consumers to advisors, people are wondering why older polices have premium increases and if they should belive those who say newer plans should be more stable.

Luckily Vince Bodner of the Society of Actuaries is here to help.  At a recent State of Minnesota forum on LTC Insurance, he presented a straightforward perspective on how LTC is built that you don't need to be an actuary to understand.  

Take a few minutes to look thorough the excellent slides - it will help you answer questions that clients may have about how LTC Insurance works.  Share it with anyone interested in learning more.

Although it is highly doubtful any TV show will be based on how insurance is made, it ends up that it is not that mysterious after all.