Description: Creating an effective team is core to actuarial transformation. This involves establishing teams with jobs that line up to achieve the company's goals, with clear roles that engage people and enable them to develop. Coupled with this, effective teams need to harness the benefits of diversity. This is done both directly and through sponsorship and allyship to ensure that the full benefit of diverse teams can be realized with multiple viewpoints and perspectives strengthening teams. During the sessions, the speakers will draw on their experiences from around the world on, building global and diverse teams. By attending this session, you will:•Be able to gain insight on the benefits of embracing diversity when creating an actuarial team across the globe, and how sponsorship and allyship in workplace foster an inclusive environment.

Description: The SOA has been interested in financing of long term care for many years. As part of this interest, they approved a state-based research effort in the chosen location of Minnesota. Join authors of the research as they present their findings . The research effort looked at stakeholder responses in Minnesota to several designs that would create a state-based catastrophic long-term care insurance program. The conceptual work was based on efforts by Cohen, Feder and Favreault using the DYNASIM model created by the Urban Institute. Catastrophic coverage would be provided after a variable waiting period based on income. Private resources, including long-term care insurance, would be expected to cover the front end. (Persons on Medicaid would continue to have their gap coverage provided by that program).

Description: A changing workforce on a global scale, along with the cost and administrative burden of running retirement plans, has led to an increasing number of workers without access to company sponsored retirement plans. In addition, even when coverage exists, many national retirement and social security systems lack payout systems that provide true retirement security. Explore different retirement systems and uncover an overview of available and developing solutions to address these gaps in coverage and retirement security.

Description: With there being over 11 million undocumented immigrants in the United States, some states are considering or have expanded Medicaid-like coverage to this population. Healthier Oregon launched in July 2022 to provide such benefits, and now covers more than 20,000 Oregonians. Hear about the structure of the program, along with its capitation rate build (which integrates federal participation for emergency and pregnancy-related services), risk corridor design, and related policy and implementation considerations. After attending this session, you will gain an understanding of the actuarial, regulatory and practical considerations for covering this population through managed care.

Description: The U.S. health care system continues to have its problems. It costs too much and even with public policy developments we are not meeting the desired objectives. What's next? What else can we do? Discuss some of the emerging ideas that are being pursued and the likelihood of their success at solving our collective problem.

Description: The Child Tax Credit and Social Security have demonstrated how simple rules based cash transfer programs can significantly lower poverty. Discover information from a paper that describes how the expansion of Social Security can more effectively and efficiently reduce poverty than the current alphabet of anti-poverty programs.

Description: At this panel discussion with the SOA Sustainable Development Goals (SDGs) Taskforce members, you will learn about the SOA's plans to partner with key local and global organizations to address societal issues such as health and well-being; decent work and economic growth; reduced inequalities; and climate action. Hear more about thetaskforce's action plan and the next phase of the engagement, which is centered on volunteer activities, namely moving forward with the SOA Innovation Team to launch the SOA SDG Incubator. Lastly, look at creating tangible opportunities for members to apply their current skills, transpose their experiences and add new skills contributing to solving for these critical issues.