Hersh Markusfeld

Title: Innovations of Hersh Markusfeld in Long-Term Care Insurance

Hersh Markusfeld is an accomplished inventor based in Mill Valley, California, who has made significant contributions to the field of insurance through his innovative approach to long-term care products. With a focus on creating flexible and varying premium options, his work aims to enhance the accessibility and adaptability of long-term care insurance for consumers.

Latest Patents

Markusfeld holds a patent for a "Flexible varying premium option for combination products including long term care insurance." This patent describes a method for generating flexible long-term care insurance programs as part of combination products. It involves utilizing input variables such as issue age, targeted present value, and year-to-year premium relationships to create a tailored insurance program. The resulting premium schedule can adjust over time, ensuring that it becomes level after reaching a certain point. His innovative combination product effectively integrates the insurance program with life insurance or annuity options, providing consumers with comprehensive solutions.

Career Highlights

Markusfeld is currently associated with Strategic Health Management Corporation, where he continues to push the boundaries of insurance innovation. His background and expertise in the insurance industry have allowed him to develop solutions that address the diverse needs of clients while ensuring sustainable growth for insurance products.

Collaborations

Throughout his career, Markusfeld has collaborated with notable colleagues, including Robert Yee and Janet M. Soppe. These partnerships have contributed to the development of innovative concepts and strategies in the insurance realm, enhancing the overall effectiveness of the products and services offered by their organization.

Conclusion

Hersh Markusfeld's contributions to the field of long-term care insurance highlight the importance of innovation in meeting the evolving needs of consumers. Through his patent and ongoing work at Strategic Health Management Corporation, he continues to play a vital role in improving insurance products and ensuring that they remain adaptable to the financial realities facing individuals today. His dedication to innovation in this sector will undoubtedly pave the way for future advancements in insurance solutions.