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Potential Impact of Pandemic Influenza on the U.S. Health Insurance Industry Report

Research Projects – Health

Sponsored by the Committee on Life Insurance Research, the Joint Risk Management Section's Research Team, and the Health Section, Jim Toole of MBA Actuaries evaluates the financial effects of different flu pandemic scenarios on the U.S. health Insurance industry. In addition to the research report, he has developed an accompanying spreadsheet tool for individual health insurers to better understand the associated financial risks of a flu pandemic.

This is the second paper in a two-part series examining the potential impact of pandemic influenza on the insurance industry. The first paper focused on the potential impact of pandemic influenza on the life insurance industry.


Potential Impact of Pandemic Influenza on the U.S. Health Insurance Industry Report

Health Company Pandemic Modeling Tool Spreadsheet Documentation

Health Company Pandemic Modeling Tool

Thank You

The SOA would like to thank the following members of the Project Oversight Group for their valuable contribution to this project.

  • Tom Edwalds, POG Chair
  • Gary Brantz
  • Dr. Neil Fischer
  • Scott Guillemette
  • Bob Rehm
  • Peter Reilly
  • Dr. Alan Rosenberg
  • Max Rudolph
  • Dr. Scott Spillmann
  • Rod Turner
  • Dan Wolak
  • Jan Schuh, SOA staff
  • Ronora Stryker, SOA staff

Questions Or Comments?

If you have comments or questions, please send an email to


Disclaimer for Software Posted on Website

Important: The Pandemic Model Tool ("Spreadsheet") posted on this site is the property of the Society of Actuaries ("SOA") and is protected under U.S. and international copyright laws. It was created for the SOA by Jim Toole.

The spreadsheet tool has been developed for the benefit of actuaries FOR EDUCATIONAL USE ONLY, although others may find it useful. SOA makes the available available to individual users for their personal use on a non-exclusive basis. No commercial use, reproduction or distribution is permitted whatsoever.

The Software currently posted on this site is a beta version. SOA and the authors make no warranty, guarantee, or representation, either expressed or implied, regarding the Software, including its quality, accuracy, reliability, or suitability, and HEREBY DISCLAIM ANY WARRANTY REGARDING THE SOFTWARE'S MERCHANTABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. SOA and the authors make no warranty that the Software is free from errors, defects, worms, viruses or other elements or codes that manifest contaminating or destructive properties. In no event shall SOA or the authors be liable for any damages (including any lost profits, lost savings, or direct, indirect, incidental, consequential or other damages) in connection with or resulting from the use, misuse, reliance on, or performance of any aspect of the Software including any instructions or documentation accompanying the Software. SOA and the authors make no representation or warranty of non-infringement of proprietary rights of others with respect to the Software. The entire risk as to the uses, outputs, analyses, results and performance of the Software is assumed by the user. This Disclaimer applies regardless of whether the Software is used alone or with other software.