Description: This is a discussion of the medical loss ratio, the confusion and debate over the calculation method under the new MLR requirement, and the opportunities it presents to consulting actuaries.

Description: This essay, submitted for the Society of Actuaries' Entrepreneurial Actuaries Section 2010 Papers Competition, proposes an entrepreneurial solution to address the continued, unsustainable increases in health care costs. Under the author’s plan, entrepreneurs will “develop systems providing clear financial motivation for consumers to make decisions that minimize health care spending and maximize positive health outcomes. In so doing, health care providers must necessarily compete to offer the highest quality services at the lowest cost. By relying on the financial self-interest of consumers and free-market competition among health care providers, effective and sustainable systems to bend the health care cost curve can be achieved.”

Description: The author reviews the impact of health care exchanges becoming operational in 2014, and he offers ideas for efficient risk identification and ways to measure the results.

Description: November 2011 issue of The Independent Consultant, the newsletter of the Entrepreneurial Actuaries Section

Description: May 2011 issue of The Independent Consultant, the newsletter of the Entrepreneurial Actuaries Section.

Description: This article, an Honorable Mention Essay for the Society of Actuaries' Entrepreneurial Actuaries Section 2010 Papers Competition, is a discussion of the various issues relating to measurement of data in healthcare. The author presents “a light hearted & tongue-in-cheek take on how healthcare is typically measured, and an entrepreneurial vision for a better world.” Noting that typically data is summarized in deterministic models that produce point estimates for analysis and decision making, the author’s vision presented in the paper “is that of a central repository of actuarially modeled distributions that can either be used as benchmarks or adapted to an organization's experience.”

Description: This paper discusses the importance of a business coach for the entrepreneurial independent owner. The author, an actuary and business coach, describes how and why the use of an external resource i.e., a business coach can ensure the success of a business leader and thus the business as well.

Description: Full version of Smaller Consulting Firm Section, January 2003, Issue No. 1.

Description: Profiles of the Council Members by SOA from Smaller Consulting Firm Section, January 2003, Issue No. 1.