Description: Chapter 8 suggests possible areas for further research such as other data groupings, high risk pooling, how diagnosis-based risk assessment might be improved, study of an expanded list of high-cost diagnoses, and comparisons to diagnoses from earlier time periods. From A Comparative Analysis of Methods of Health Risk Assessment, M-HB96-1.

Description: This paper looks at different ways to think about the economic relationships within the family and relate them to various ways of providing for retirement security within a Social Security and employer framework.

Description: Chapter 2 reviews previous research in the area of health risk assessment. From A Comparative Analysis of Methods of Health Risk Assessment, M-HB96-1.

Description: List of Figures. From A Comparative Analysis of Methods of Health Risk Assessment, M-HB96-1.

Description: Defined benefit DB pension plans continue to dominate the retirement landscape for the roughly 20 million state and local government workers in the United States. In most state and local plans, pension benefits are protected by constitutional, statutory, or common law guarantees. In many cases, these guarantees make the benefit promises to participants virtually free of risk. Finance theory is unambiguous that the discount rate used to value future pension obligations should reflect the riskiness of the liabilities.

Description: Chapter 5 simulates the risk adjustment process within a hypothetical purchasing alliances using four different risk assessment methods. From A Comparative Analysis of Methods of Health Risk Assessment, M-HB96-1.

Description: The purpose of this paper is to study mortality-based securities, such as mortality bonds and swaps, and to price the proposed mortality securities. The focus is on individual annuity data, although some of the modeling techniques could be applied to other lines of annuity or life insurance.

Description: This paper examines disincentives for long careers created by Social Security. The paper then discusses the subsequent stress on public and private pension systems caused by increasingly long retirements.

Description: Recent trends in mortality suggest that future gains in life expectancy will occur after age 80. This fact stresses the need and the importance to obtain precise measures of mortality at the highest ages, which are always subject to uncertainty due to misreporting of age at death.

Description: This paper examines the privatized individual pension accounts that are becoming widespread in a number of Latin American countries, and suggests that the experiences in these countries could offer guidance to other countries considering similar privatization.