Description: This session discussion is about health insurance tax reserves: standard morbidity tables, impact of statutory requirements, effective issue date for choice of interest rate, deductibility of additional reserves, and the chance for one-year preliminary term on certain coverages. From Record of Society of Actuaries Vol. 18, No. 1B.

Description: Health Watch, Issue 79, December 2015, Health Watch

Description: This article describes a method that can be useful when re-fitting a risk score model to a population of only moderate size. Learn how to use concepts like ridge regression to train a model with partial credibility.

Description: Pricing small group medical coverage under reform laws using debit manual and risk factors. Issue No. 45.

Description: Chapter 6 identifies four general and practical considerations in comparing methods: practicality and administrative cost, ability to restrict manipulation, timeliness and predictability, and incentives for efficiency and quality care. From A Comparative Analysis of Methods of Health Risk Assessment, M-HB96-1.

Description: Exploration of sources of volatility in retiree health valuations, noting how volatility arises and might be mitigated, with discussion of valuation parameters more problematic for retiree health benefits than for pensions. Three significant influences on retiree health valuation volatility are covered-- changes in benefit level, fluctuations in cost level, and alterations in eligibility for, or duration of, benefit – and attention focused on the last two. Specific conclusions result in recommendations, which are supported by practical examples contrasting volatile measurement results with those likely from the recommended practices. Theoretical discussion includes health claim variation, health trend usage, financial economics, option pricing, discount rates, and deterministic vs. stochastic modeling.

Description: This session discusses income replacement, or disability, policies. Topics include how they work, design alternatives, marketing, underwriting, regulation, past experience and future trends. From the Record of the SOA, Vol. 8 No 3

Description: This session addresses buying or selling a block of long-term disability or life waiver claims: assumptions used to value these blocks, how life waiver business differs from long-term disability business, and possible structures for a deal. From the Record of the Society of Actuaries, Volume 28, No. 2, Session 65

Description: The primary purpose of this paper is to present an alternative method of determining the profitability of the premium for a return of premium benefit through the use of a limited simulation program. Also discussed are necessary reserves for a return of premium benefit. From Transactions of Society of Actuaries 1973, Vol. 25, Pt. 1, No. 73.

Description: Discusses: Types of medical expense insurance being offered and features, risk management, pricing, and methods of pre-funding retiree benefits.