Description: The objectives of this paper include an assessment of the basis of volatility of experience and financial results, considering the risks and uncertainties associated with long-term policies, especially LTCi. In so doing, it is observed that a properly determined provision for risk and uncertainty is needed in premiums and reserves. It then describes the approaches that can be taken to quantify such a provision in new and re-rated LTCi. The paper discusses possible mitigation approaches that have and should be taken, especially but not limited to the use of policy design features to enhance the alignment of interests of the LTC insurer and its policyholders. It also explores the relationship between historical and expected future risks and uncertainties specific to LTCi. It concludes by pointing out the pervasiveness of the uncertainties involved, the earlier underestimation of the uncertainties involved, although the actual degree of uncertainty may have decreased over time as relevant experience has been obtained. Effective management of LTCi demands incorporation of mitigation approaches in its product design and continuous monitoring of relevant experience.

Description: Essay discussing cost, quality and access of healthcare and then describes the need for rationing.

Description: This is a discussion on marketing systems. It discusses how the basic job of an agent differs among organization. It also highlights different types of agents, such as career, PPGA, Broker and Direct Mail. And it discusses many aspects of productivity. From Record of Society of Actuaries, Vol. 5, No. 1.

Description: The objective of this paper is to discuss the factors that affect and should be considered in the development of social discount rates, with a primary focus on social cost-benefit analyses of climate change-related strategies, programs, and investments involving mitigation and ex-ante adaption efforts.

Description: Presented at Living to 100 Symposium, January 2011. This paper first explores the current state and contributing causes of obesity. It then explores the mortality and health care costs of obesity. It ends with a discussion of its management.

Description: In this session, the following essays from the Society of Actuaries Living to 100 Call for Essays are presented. Essays: Potential for Mortality Improvement from Cognitive and Psychological Factors – Gordon Woo, – Ph. D. How Growing Inequality in the United States Makes Long-Term Care Financing Reform A Lot Harder – Karl Polzer – MPA Alcohol and Mortality, Sam Gutterman, FSA, CERA, FCA, FCA, HONFIA, MAAA

Description: Feature article about the effects of obesity on life expectancy and how actuaries will be affected.

Description: This table displays U.S. adult prevalence of all those obese during 2005–2006 by age, gender and selected ethnic group.

Description: This tables shows BMIs at common height and weight combinations.

Description: This is the Understanding Multimorbidites abstract authored by Sam Gutterman for Session 6B of the January 13-15, 2020 Living to 100 Symposium in Orlando, Florida.