Description: After three decades of relatively stable overall inflation trends, the United States has seen significant increases over the last twelve months. What could this mean for inflation in the medical sector? Explore past patterns between the two phenomena, and what drivers stakeholders can monitor to be best aware of what could be coming.

Description: Long-term care (LTC) benefits are sold less these days as a standalone product and more commonly as a hybrid product with a life insurance or annuity chassis. In this 'Shark Tank' game show, the LTC benefit scrutinizes traditional, variable, and indexed life, and annuity product chassis in search of a winning combination.

Description: AI/ML has been widely used in consumer-based industries, such as insurance, banking and health care. As insurance companies embrace the innovative technologies through developing and implementing AI/ML models, model risk exposure increases due to the elevated complexity and opacity of these models. Through sound model risk management (MRM) practices, appropriate methods can be used to solve issues related to explainability and interpretability of AI/ML models, which instrumentally facilitates mitigation solutions on other risks.

Description: Gain insights into the expanding scope of fluidless underwriting and conversation around why this is not yet the new normal for traditional life insurance business. A panel representing reinsurance, direct company, actuarial, and underwriting perspectives will discuss current developments in fluidless underwriting and downstream considerations for mortality outcomes. The panel will address such topics as: - High-level observations from newer underwriting tools and processes - Regulatory considerations for adopting new underwriting tools and processes, - Pitfalls in assuming business as usual when adopting new underwriting tools and processes, and - Considerations when determining the mortality impact of new underwriting tools and processes. By attending the session, you will: - Identify recent trends and outcomes from fluidless underwriting programs and why it is not yet the norm. - Recognize the different regulatory considerations for newer underwriting tools and processes. - Appreciate the nuances between established underwriting practices and expectations for new underwriting processes. - Understand drivers of mortality outcomes and considerations when quantifying changes to underwriting.

Description: With recent and continuing changes in regulatory requirements under VM-20, new accounting standards under GAAP LDTI/IFRS 17, expansion of accelerated underwriting programs and digital distribution, and the impact of COVID-19, the needs and challenges being faced by life insurance companies are greater and more varied than ever. Both under favorable and stressed conditions, companies heavily rely on reinsurance and the market has seen several major transactions enacted in this space over recent months. Reinsurance offers a wider variety of opportunities for companies to manage their balance sheets and increase their return on capital. Find out how reinsurance can be utilized to address the challenges associated with earnings growth and volatility, risk management, capital allocation efficiency, and product performance optimization. Moreover, upon enacting a transaction, ensuring the implementation of effective reinsurance operations is crucial to avoid operational inefficiencies and monitor the transaction's performance. Understanding the potential opportunities and common pitfalls in the reinsurance processes is vital for capturing the full value of reinsurance. By attending the session, you will be able to understand the various challenges being faced by direct writing companies today and where reinsurance can be leveraged to improve capital and tax position, as well as achieving the optimal balance of risk appetite and underwriting profit. Additionally, the presentation will provide real life case studies on how innovation and operational excellence can improve earnings by reducing costs related to inefficiencies, reducing process timing, improving controls, and reducing reinsurance leakage.

Description: Since the Affordable Care Act implemented minimum loss ratio provisions for health plans, several states have passed or at least considered minimum loss ratio regulation for dental plans. While such regulations are intended to improve insurer efficiency and promote value to consumers, they can have unintended negative consequences if the unique characteristics of the dental insurance market are not considered. Learn about this hot topic, including loss ratio basics, recent legislative activity in the dental loss ratio space, how dental differs from medical, and why those differences are critical to account for when trying to regulate loss ratios in that market.

Description: In this panel discussion, actuarial leaders in the stop-loss marketplace provide their perspectives on recent stop-loss trends. Learn about the most current issues facing self-funded plans and their stop-loss coverage. Take part in a deeper discussion on this topic and more at Oysters, Beers & Large Claim Solutions on Tuesday, June 27, from 4:30-5:30 p.m. PT. This happy hour, featuring drinks and tasty Pacific Northwest oysters will include a discussion on the large claims impacts on the health care market.

Description: "Discuss research conducted at the Cleveland Clinic to understand levels of anxiety and depression across Northeast Ohio. Specifically, learn how advanced analytical techniques were utilized with social media data from Twitter and Google to estimate the need for psychological support by geography and overtime. The panel will go further to demonstrate how natural language processing (NLP) and machine learning could be used to make operational decisions at a leading health care provider."

Description: 2021 ImpACT Conference - Session 2D Value-Based Models for Home-Based Care and Digital Health 10.25.21 Recording

Description: The Affordable Care Act (ACA) changed the health insurance value proposition for lower-income Americans. Consequently, the uninsured rate has dropped dramatically since the implementation of ACA marketplaces and the expansion of state Medicaid programs to a broader eligibility group. It is not difficult to connect the change in financial dynamics to the increase in health insurance coverage. At the same time, many Americans remain uninsured due to non-financial barriers. Identifying solutions to further reduce the uninsured rate is more difficult than intuitively 'spending more federal money'.