They Came for AIDS, They Stayed for Liver [Laboratory Testing in Risk Selection]insurance program. The second piece of advice is use direct mail and other delivery systems that exclude agents ... all of them. What I want to know is, why should I care about lab tests and where does this stuff come from ...
Description: This presentation from Session 20PD of the SOA 1996 Orlando Annual Meeting examines the major trends in insurance laboratory testing from 1980 to 1985, with an emphasis on why blood testing thresholds were lowered dramatically in the mid-1980s and why those thresholds will persist into the next century. The value of liver function testing is examined as a case study in protective value. Issues addressed include: 1. What is the real impact of human immunodeficiency virus [HIV]-1 testing [sentinel effect]? 2. The unique pay-offs from liver function tests, 3. Clinical medicine mortality versus underwritten mortality: overcoming problems caused by different perspectives, and 4. Cotinine pays the freight? From the Record of the Society of Actuaries, Vol. 22, No. 3.Hide
- Authors: Application Administrator, Vera F Dolan, Henry C George
- Date: Oct 1996
- Competency: External Forces & Industry Knowledge
- Publication Name: Record of the Society of Actuaries
- Topics: Life Insurance>Underwriting - Life Insurance