Description: 1994 SOA Spring Meeting, Orlando. In this session the speaker provided an overview of derivatives including: 1. Definition. 2. Uses. 3. Types of risks - market, credit, legal, and systems. 4. Risk management. 5. US regulatory guidelines and developments.

Description: Overview of the book: Overtreated, Why Too Much Medicine Is Making Us Sicker and Poorer.

Description: Abstract: This research paper assesses the adequacy of the combination of elder care and support programs in six developed countries. The programs considered are social security (retirement income), health care and long-term care, and four family compositions are considered to make the assessment. The paper discusses the difficulties of defining adequacy. The fuzzy set methodology of Ragin (2000) is used to label the level of adequacy of the combined programs. This is the first time this methodology has been applied to this problem. The paper contributes to research in the social sciences by combining quantitative and qualitative results. It finds that the combined programs are: often inadequate in England and the United States; not adequate or inadequate in Canada; and mainly adequate in France, Germany and Sweden. Three policy recommendations, which would increase the likelihood of benefit adequacy, are made.

Description: Discussant comments for the 2009 Housing Wealth monograph paper, “Home Equity and At-Need Annuities—A Dynamic Long-Term Care Funding Duo”. The author finds that the ideas discussed in this paper should stimulate more thinking about financial products and public sector programs and how they can better serve older homeowners.

Description: This article discusses the actuary's role and professional responsibilities in determining premiums when building market share is a primary concern.

Description: Article discussing an alternative method to calculate the PBA deterministic reserve called the “Direct Iteration” method.

Description: A review of literature regarding care management program outcomes - either financial or utilization-related which are indicative of financial improvement or from which financial conclusions may be drawn. Includes a discussion on utilization & concurrent review, case & demand & population & disease management . Paper 3 of an 8 paper series on 'An Introduction to Care Management Interventions and Their Implications for Actuaries'.

Description: This abstract describes a paper that illustrates that the true exposure to an OPEB plan is to the spread of medical care inflation above (or below) the overall inflation rate.

Description: This article deeply examines Pay-for-performance and presents curious findings through the lens of unwarranted variation. From Heath Watch Newsletter, May 2006, Issue No. 52.

Description: This discussion is on the availability of utilization and cost experience data for group medical care insurance coverages. Specifically, it highlights the role of the Society of Actuaries in intercompany data collection, employer demands for sophisticated utilization data for comparison by industry and geographic location, sources of industry-wide data, data resource potential of health claims processing by the National Electronic Information Corporation, and antitrust implications. From Record of the Society of Actuaries 1981, Volume 7, No. 4.