Description: Chairperson's corner for January 2020 In the Public Interest.

Description: This study was sponsored by the Society of Actuaries Health Section. This paper explores the relative significance of aging as a determinant of financial cost of health care beyond age 50, with particular attention to the effect for ages 65 and older. The paper presents concepts of aging factors and aging curves, which define relative values between ages for utilization or cost of health care services. General conclusions are drawn from Medicare data that utilization and cost differ by age, but that aging factors vary across services and may be less significant at very old ages. The author then turns to the question of measuring the significance of an aging curve assumption and what accuracy is lost in the simpler alternative of a single value across an age range.

Description: At this presentation from Session 72D of the SOA 1996 Colorado Springs Meeting, the panelists debate legislative changes to the Medicare program. Included is an overview of the changes in the 1995 legislation, expected savings in the Federal budget, a debate as to the realism of these expected savings, reaction of enrollees, and a discussion of anticipated effects on the private sector of the healthcare system. From the Record of the Society of Actuaries, Vol. 22, No. 2.

Description: Panelists discuss emerging valuation-actuary-related issues, including: [1] for long-term-care insurance [LTCI], reserves, risk-based capital [RBC], and new experience forms, [2] for Medicare Part D, several potential future changes, and [3] for health insurance in general, the new Statement of Standard Accounting Practice 85 [SSAP 85] and existing SSAP 84, and current activities of the International Accounting Standards Board [IASB] regarding a definition of 'insurance.' Session 27PD of the 2005 Valuation Actuary Symposium.

Description: This session disscusses thel outlook of the Medicare program, current and longer-term reform proposals, and Medicare prescription drug proposals. From the Record of the Society of Actuaries, Volume 29, No. 2, Session 66

Description: Article from The Actuary, June 1971 – volume 5 - Issue 6 reviews the Advisory Council on Social Security's 1971 report on Social Security and Medicare.

Description: Panelists discuss what they are seeing in today's market in respect to HMO group products offered to employers alongside their individual Medicare product. From the Record of the Society of Actuaries, Vol. 25, No. 2.

Description: This session discusses the key issues in the Medicare reform debate and the direction of future change. Topics include Medicare + Choice and the employer perspective. From the Record of the Society of Actuaries, Volume 28, No. 2, Session 5pd.

Description: This session discusses Medicare Supplement Insurance including claim cost experience and trend, Medicare Select issues and challenges, and meeting rate increase/profitability objectives. From the Record of the Society of Actuaries, Volume 29, No. 2, Session 7

Description: In this article, Dr. Ted LeBoy, Assistant Medical Director of Continental Assurance Co., commented on some changes that had been observed during the first eight months of Medicare's existence. These included changes in the average number of hospital days and physician charges.