Description: Many Americans will need long term care in future years, yet only 10 percent of those 50 and over have LTC insurance, and public programs are not funded to provide care for all who need it. The Long Term Care Section and the Forecasting and Futurism Section have co-sponsored a Delphi study, code named “Land This Plane,” with a lofty objective: to create a vision for how America ought to deal with the impending Long Term Care crisis. This article describes the results of the study that were available at the time this article was written.

Description: A Delphi Research Study of Long-Term Care Financing Solutions." Two members of the Project Oversight Group discuss the reasons for the study and the Delphi method and summarize the results of the study.

Description: Introduction of the new Forecasting and Futurism Section – helps members stay current, and facilitates professional development by providing information about and training in forecasting and futurism methods and tools.

Description: This article describes the use of artificial society modeling to gauge the effect of insurance agent population and effectiveness on individual life insurance sales. This is part of an ongoing effort to extend the use of one type of agent-based modeling beyond health care, but is far from a practical application at this point.

Description: Predictably Irrational, by Dan Ariely, is considered a seminal work in behavioral science. This book review gives a chapter by chapter synopsis of the book.

Description: Why Smart People Make Big Money Mistakes

Description: Describes what a Delphi study is and why actuaries might want to use one.

Description: The article gives a brief history of the development of the Delphi method, and describes the use of the Delphi method in studies by the Society of Actuaries over the past 25 years.

Description: Book review of: Social Science from the Bottom Up, by Joshua M. Epstein and Robert Axtell

Description: Presented at October 1986 Annual Meeting. This session discussion is about interest-sensitive products and methods of arriving at current rates, current regulatory restraints on illustrative rates, illustrations of vanishing premium products, advantages of deferring taxes on inside build-up, trends toward emphasis on marketing of financial services and buy term and invest the difference.