Description: Rising drug—and, to a lesser extent, health care—costs in Canada are creating long-term challenges for not only governments and employers across Canada but for individuals as well, with no easy answers.

Description: The author gives his opinions of the cause of the health care financing crisis and ever increasing health care costs.

Description: The Health Section Council received an excellent response to its announcement last year that a special issue of its newsletter would be devoted to papers on long-term care insurance. Ten papers were received and published in the May issue.

Description: Article describing two actuarial notes released by the Social Security Administration in 1967 clarifying changes to primary insurance amounts and family benefits.

Description: This is a discussion of the Life–Cycle Model, findings from behavioral finance, managing risks post–retirement, the role of government, software and some perspectives on the future.

Description: Long-term-care LTC insurance presents a huge opportunity for insurers. If fully exploited, the field lends itself to policies with relatively large premiums that need to be accumulated over a lifetime in statutory reserves, requiring fiduciary investment management as well as insurance services. The need to accumulate large reserves to prefund a risk largely concentrated at the end of the life span gives this product most of the desirable characteristics of the level premium life insurance policies that were the staple of the insurance business for many decades.

Description: The author outlines the Academy's analysis of Clinton health care premiums, standard benefits, mental health benefits.

Description: Department column featuring an interview with Sim Segal.

Description: This article discusses Life-Cycle Saving and Investing for retirement. The article reviews how actuaries can add to the discussion of what is wanted and needed in retirement and how traditional replacement ratios can be linked with consumption targets.

Description: This article presents the concept of comprehensive care management as a fundamentally different way to reform health care and reduce costs. There are 3 components - demand management, utilization management and disease management.