Description: This paper describes the development of the net annual claim costs, net premiums, and reserve factors that comprise the 1974 Medical Expense Tables. From Transactions of Society of Actuaries 1978, Vol. 30.

Description: This paper presents the probabilistic concepts underlying measurement of asset adequacy in a simplified way. Discussions of this paper are included.

Description: This report presents an analysis of morbidity experience under individual medical expense policies in force during the 1968, 1969, and 1970 calendar years. From Transactions of Society of Actuaries 1972 Reports

Description: Discusses good sources of mortality data and possible distortions in the data.

Description: This is a report on a special study of Major Medical Expense insurance by the Group Morbidity Committee. From Transactions of Society of Actuaries 1961, Vol. 13, No. 37.

Description: This 1977 report provided morbidity experience under individual health policies in force during the 1973 and 1974 calendar years.

Description: The so-called pension max life insurance marketing concept is generating a great deal of excitement among life insurance marketers. It's also received some skeptical reviews in the popular news media, the most recent being a Newsweek article by Jane Bryant Quinn in the April 4, 1994 issue. The marketing concept calls for electing an unreduced pension, that is, maximizing the pension, in lieu of electing a reduced contingent annuity [CA] or joint and survivor [J&S] option. Further, the marketing concept calls for the purchase of life insurance on the employee to substitute for the economic exposure created by not electing the CA or J&S option. Although the marketing concept is clear and simple, its economics continue to generate a great deal of discussion. This paper attempts to add some clarity to this issue. From Transactions of Society of Actuaries 1995, Vol. 47.

Description: This paper sets forth a standard of expected claim costs for Comprehensive Medical Expense plans together with the underlying rationale. This is known as the '1960 Tabular'. From Transactions of Society of Actuaries 1963, Vol. 15, Pt. 1, No. 41.

Description: This is a discussion of the paper, 'A Convenient Method of Providing for Mortality Improvement Based on the a-1949 Table' by James E. Hoskins. Discusses seriousness of errors that can develop under certain circumstances, provides a formula for adjusting by modes of payment, discusses circumstances in which differences between Hoskins' method and Projection B is greater than in the example used in the paper, etc.

Description: This section presents book reviews and summarizes recent publications: 'Measurement of Mortality' by Gershenson, 'Decision and Influence Processes in Private Pension Plans' by McNulty, Jr., 'Economic Assumptions Underlying the Medium-Range Projections of the Federal OASDI Trust Funds' by Lukaczer, 'Eighth Actuarial Valuation of the Assets and Liabilities under the Railroad Retirement Act as of 12/31/1959' by Railroad Retirement Board, 'Life Insurance' 9th edition by Maclean, 'Evaluation of a Single Visit Cardiovascular Examination' by US National Health Survey, 'Guide to Health Insurance Underwriting' by Tilton and Yochem, 'Duration of Limitation of Activity Due to Chronic Conditions, US, July 1959 - June 1969' by US National Health Survey.