Description: Essential Health Benefits and Actuarial Value

Description: Many executives are talking about predictive analytics uses in health insurance.

Description: This paper is from the Transactions of Society of Actuaries 1956 Volume 8, Number 20. It was presented at the 1956 Spring Meetings of the Society of Actuaries for discussion. The author presents an outline of how difficulties in the determination of a frequency distribution of the expected costs may be overcome by, in part, applying the concept of using a series of random numbers with a view of making mortality studies for each life in a group of annuitants. The paper also presents the results of some experiments which were designed to discover whether or not the concept could be conducted on an IBM 650 electronic data processing machine.

Description: This study is intended to educate insurance professionals on historical insurer impairments and insolvencies and possible future prevention indicators.

Description: The Retirement Plans Experience Committee (RPEC) hired Ernst & Young to perform a literature review and assessment of mortality improvement rates in the United States population.

Description: This paper examines the funding expectations of the three primary stakeholders in the pension system: plan sponsors, taxpayers, and workers. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1.

Description: This paper analyzes the likely increase in volatility for a representative plan and then considers the implications of adopting a hedged portfolio as a means of reducing the increased volatility. It then analyzes the effects of adopting a stochastic funding method which represents a simple extension of traditional expected value funding methods. From The Future of Pension Plan Funding and Disclosure Monograph, M-RS05-1.

Description: Epilogue to ACA@5 publication

Description: This session discusses the role that the SOA, AAA and actuaries have played in developing/analyzing various federal health care reform proposals. What will the future hold for practicing health actuaries? From Record of Society of Actuaries Vol. 20, No. 3A.

Description: China’s pension system has transformed from traditional retirement system based on command economy to modern pension system based on market economy .