Description: The use of Risk Adjustment in Medicare Advantage (MA) has come under scrutiny due in part to a higher rate of increase of costs of its participating Health plans relative to traditional Medicare despite statutory requirements that reimbursement for these two programs must be actuarially equivalent.

Description: This report introduces a framework for assessing the impact of retirement plans on organizational success. It highlights the direct and indirect benefits of well-designed retirement plans and includes 10 key considerations, metrics, and measures of workforce dynamics. The framework helps companies prioritize necessary changes, with examples and case studies illustrating successful applications and potential risks.

Description: This study, produced by the MetLife Mature Market Institute in partnership with the Society of Actuaries, demonstrates that family type is an important consideration in financial and retirement planning. This tip sheet, based on the study findings, provides areas that are important for all family types to consider, followed by additional considerations based on specific family types.

Description: This project shows how to use agent-based models to simulate the behaviors of agents in complex health systems.

Description: This study aimed to study primarily the impact of market performance on a pension plan’s ability to meet its obligations.

Description: This is a research project on issues in applying credibility in group long-term disability (LTD) insurance.

Description: In this, the second step, Sibson engaged the vendor and actuarial communities to solicit input on the actuarial model for determining the impact of various environmental, lifestyle and behavioral risk factors. The goal was to understand the extent to which actuaries currently use models around wellness, refine the above conceptual model, and better understand the potential uses of, and value to, the actuarial and vendor communities that would use such a model. We sought to understand the potential applications and sources of data for the actuarial model. We gathered input on how the model would best suit the professional needs and help shape the future role of the actuary. Lastly, we gathered feedback on the above conceptual model.

Description: The purpose of this project was to create a tool that would allow actuaries to derive an understanding of the evidence for medical technologies that are provided through health plans.

Description: This report is a summary based on current actuarial practices around the development and use of policyholder behavior assumptions including the use of dynamic modeling approaches. The research team surveyed and evaluated current practices in the industry; and highlighted current thinking on modeling human behaviors outside the life insurance industry. This project was sponsored by the SOA’s Financial Reporting Section and the Committee on Life Insurance Research.

Description: 2015 Risks and Process of Retirement Survey – Report of Findings