Description: This abstract describes research that finds an explicit form of the discounted moments of the surplus at the time of the last jump before ruin for the compound Poisson dual risk model.

Description: Healthcare costs have been rising faster than general inflation for many years. Early models that predicted this past pattern projected healthcare expenditure growth that continued to outpace total expenditure growth leading to the fallacious position that the whole of the US economy would ultimately be consumed by healthcare. The Society of Actuaries' Pension Section and Health Section Research teams commissioned Professor Thomas E. Getzen of Temple University to construct a resource model for the projection of long term healthcare cost trends that includes capacity constraints to ensure the long-term projection is rational. The motivation for creation of the model was driven by its potential usage as a resource for the estimation of reportable liabilities for retiree healthcare benefits as specified under FAS 106 and GASB 45 accounting statements. This is a zip file containing the following: 1. A background paper on the creation of the health trend model, 2. The model, programmed in Microsoft Excel [xls format], that projects per-person expenditures and growth rates through 2099 using baseline assumptions, but also permits the flexibility for user–inputted alternative assumptions, and 3. Technical documentation providing transparency and support for the ultimate results.

Description: 2021 ImpACT Conference -Session 10A: Building Academic-Industry Research Partnerships 10.28.21 Recording

Description: 2021 ImpACT Conference - Session 5D: Data Science: The New Frontier for Evaluating Digital UW Evidence 10.26.21 Recording

Description: 2021 ImpACT Conference - Session 7D: Commissioner's Roundtable 10.27.21 Recording

Description: This article will highlight new model visualization approaches we use to shed light on the “black-box” nature of advanced modeling techniques. These visualizations help us better highlight and understand the key drivers of predictions so that they can be understood and validated by all stakeholders

Description: Under the Affordable Care Act (ACA), groups with 50 or less full time employee equivalents will eventually be subject to the ACA’s modified community rating rules. While some groups will see lower premiums than they would have without the ACA, others will see significant premium increases. Many of the latter type opted for transitional relief beginning in 2014 to avoid the ACA as long as possible. With the end of transitional relief approaching in 2018, what will these groups do? One option will be to self-insure using a product generically termed Level Funding.

Description: Summary that the Health Care Reform bill creates a government-run long-term care insurance LTCi program CLASS ACT.

Description: This is the full version of the Actuary of the Future newsletter, published May 2007, Issue No. 22.

Description: Complete Actuary of the Future newsletter from November 2002.