Description: This analysis provides an overview of the functional components of the managed care system. It discusses the market forces underlying the United States’ system for health care financing and delivery and suggests how market forces impact the health care industry. The analysis focuses on societal goals for health care delivery and on managed care’s effectiveness in enabling achievement of those goals. The analysis develops and uses an innovative model developed to summarize the complex interplay among the many stakeholders, or participants, in the health care system. The model provides a framework for analysis of the many relationships among stakeholders. The analysis also highlights current issues in managed care, particularly the barriers that impede collaboration among stakeholders.

Description: This article discusses future benchmarks of Medicare and Medicare's rising costs and its relativity to the actuarial profession.

Description: Discusses the influences that foreign economies have on the U.S. economy and the risks that those influences create for the U.S. life insurance industry.

Description: Article Board Of Governors by Bog in The Actuary, March 1979, Volume 13, Number 3

Description: Article Health Insurance in The Actuary, June 1979, Volume 13, Number 6

Description: A discussion about how insurance companies weathered the storm of low interest rates in 2003.

Description: discussion of the naming of Patrick l. Brokett, Ph.D., director of the Risk Management and Insurance Program at the University of Texas at Austin as the third holder of the Thomas P. Bowles Jr. Chair of Actuarial Science.

Description: This article is an account of an actuary traveling to the International Congress of Actuaries in Tokyo and the experience and knowledge gained.

Description: This article explores the impact of the tsunamis which hit the shorelines of nine countries in Southeast Asia on December 26, 2004.

Description: This article discusses the implications of a principle-based reserve PBR system with respect to federal income taxation of life insurance companies, particularly with respect to tax reserves and their deductibility for tax purposes. The article discusses potential problems with existing tax rules for reserve deduction, what courses of action the IRS could take, and suggestions for design features of a PBR approach that would make it more consistent with current tax rules. Life insurance product tax implications are also discussed.