Description: This is a joint session with Casualty Actuarial Society about individual health insurance plans. Topics include reflecting increasing costs in premium renewals, coverage of mental illness, morbidity studies and agents' remuneration. From Transactions of Society of Actuaries 1963, Vol. 15 Pt. 2

Description: Full version of Smaller Consulting Firm Section, January 2004, Issue No. 4.

Description: While actuaries have been busy worrying about the financial implications of health maintenance organizations [HMOs], preferred provider organizations [PPOs], and exclusive provider organizations [EPOs], the Actuarial Standards Board [ASB] Health Committee has been grappling with a definition for actuarial soundness and what an actuary should do if, in his or her opinion, a plan is not actuarially sound. This presentation from Session 52PD of the SOA 1996 Orlando Annual Meeting is about the actuarial standards of practice under development by the Academy Health Committee. Topics discussed include standards for the actuarial certification of small employer health benefit plans and documentation and disclosure in health benefit plan ratemaking. From the Record of the Society of Actuaries, Vol. 22, No. 3.

Description: The purpose of this paper is to explore a methodology for choosing among techniques for managing contribution volatility in defined- benefit pension plans. A frequently used – and as often criticized – method for managing contribution volatility is to base actuarial cost on smoothed assets. Our goal in this paper is to develop a methodology for measuring and evaluating the quantitative impact of competing asset smoothing policies. We proceed by investigating a series of basic pension metrics, evaluating the characteristics of each using a simulated pension plan. We then use normalized and weighted combinations of these metrics to determine an optimal smoothing policy.

Description: View the Fall 2020 GIRR Model Solutions.

Description: Presented at May 1986 Spring Meeting. This session discussion is about a corporate environment with a stated return on equity objective: How does this objective interface with GAAP, statutory profit per unit issued, break-even year, premium or revenue growth, market share and cash flow.

Description: Panelists discuss the various types of risks in health insurance and health-care delivery, and various types of risk-absorption mechanisms for sharing these risks among providers, insurers, employers, and employees. In addition, they address the management of the risk from a corporate perspective, which will include bottom-line earnings and marketing goals and objectives. From the 1987 Record of Society of Actuaries, Vol. 13, No. 4B.

Description: This presentation at the SOA 1990 Dallas Spring Meeting is about the importance of good customer service and how taking care of the customer leads to a good bottom line.

Description: The implications of the new long-term care law for individuals, employers, insurers and providers, and the federal government.