Description: This research paper investigates health care costs in the last year of life. This paper looks specifically at the issues of measurement of retiree health care costs when the baseline healthcare costs are measured in terms of the last year of life costs and maintenance costs.

Description: Excel file containing extracts of utilization and costs for chiropractic and acupunture - continuously enrolled population. From a research project examining the utility of standard eligibility and claims extracts for complementary and alternative medical therapies - CAM analysis.

Description: Excel file containing extracts of utilization and costs for chiropractic and acupunture - visit and service date detail. From a research project examining the utility of standard eligibility and claims extracts for complementary and alternative medical therapies - CAM analysis.

Description: This paper develops the theory of the measurement of interest rate risks from its foundations, beginning with the question of which asset values market or book are economically relevant and therefore at risk. From Transactions of Society of Actuaries 1985, Vol. 37.

Description: This section presents book reviews and summaries of recent publications: 'Fundamentals of Private Pensions, 2d Edition' by McGill, 'Pension Plans under Collective Bargaining...' by American Federation of Labor and Congress of Industrial Organizations, 'New Trends in Pensions' by Pilch and Wood, 'Valuation of Securities Holdings of Life Insurance Companies' by Fraine, 'Report of the Commission on the Cost of Medical Care, Volumes I-IV' by American Medical Association, 'Health Progress in the US, 1900-1960' by Lerner and Anderson. Also includes some digests.

Description: The Society of Actuaries' Committee on Life Insurance Research, Product Development Section and Reinsurance Section are pleased to make the following report available. Authored by Allen Klein and Karen Rudolph of Milliman, this paper presents the results of research that identifies laboratory tests that are not widely used in the life insurance industry but could have potential benefits for use in the life insurance underwriting process. In addition, the authors have provided an Excel workbook illustrating the calculation for determining mortality savings.

Description: The purpose of this note is to make available to the profession several morbidity tables constructed by techniques described in the paper Continuance Functions presented in Volume XI of the Transactions. From Transactions of Society of Actuaries 1961, Vol. 11, No. 37.

Description: This paper presents an additional view of estimating parameters of the force of mortality using Bayesian methods. Some examples are provided. From Actuarial Research Clearing House 1993 VOL. 1.

Description: The method described in this paper is to allocate surplus to each category of business and reserves in proportion to its estimated effect on an insurer's surplus variation. Risk load for each category of business is then selected so that the return on allocated surplus for each category is equal to the overall return on surplus. From Actuarial Research Clearing House 1993, VOL. 3.

Description: Sponsored by the Society of Actuaries Research Expanding Boundaries Pool, this report examines an encompassing method to allocating economic capital in insurance conglomerates. Authored by Edward Furman, Yisub Kye, and Jianxi Su, the plan put forth unifies the centralized top-down and the detail-oriented bottom-up approaches