Description: "One of the key responsibilities in the actuarial profession is forecasting. Seldom do we use this skill outside of the work on our desks to broadly assess the professional landscape.When we have, we are provided direction as to the future of the actuary, and where this profession is heading. Join us for a 50-minute panel discussion with leaders in the profession on the Actuary of the Future, where we will discuss the direction of the profession, including the skill sets and technology that have been identified as being integral to actuarial work in the next 5-10 years. At the conclusion of the session, you’ll be able to: • Understand how actuarial modernization will impact employers and the profession. • How actuaries can be leveraged to provide a broader impact to industry. • How social, demographic, and technological changes are driving disruptions in the profession."

Description: The health insurance industry has historically used several factors to develop premium rates. Many of these, e.g. gender rating, have been largely eliminated from health insurance rating practices by regulations as the Patient Protection and Affordable Care Act (ACA) because they were determined as inequitable. However, several other factors still remain as differentiators in premium rates charged to individuals and groups. In conjunction with the SOA, researchers studied whether there could be ‘ghost’ rating factors, like race, ethnicity, or socioeconomic status, that are inherently included in some of these remaining allowable factors. Review results and opportunities for future research. By attending this webcast, you will be challenged to think about traditional rating factors in a different way. Rather than focusing on whether certain factors are sound based on the underlying claims cost, this session will focus on whether or not these factors are impacting certain socioeconomic or racial/ethnic groups disparately.

Description: "Examine the impact of traditional deductibles on health care equity and the need for innovative plan designs. You will learn about the limitations of consumer-driven health care costs broadly today, as well as alternative cost-sharing approaches that have been successful in driving consumerism without exposing members to high costs. By attending the session, you will be able to: Have a clearer understanding of the issues surrounding deductibles Be equipped with practical ideas for creating more equitable and effective cost-sharing solutions Assess the feasibility and potential impact of implementing these solutions for your own organization"

Description: In this presentation, actuaries and data scientists from Cleveland Clinic and Milliman discuss the development of a sepsis prediction model using machine learning. Presented with a unique challenge of handling massive amounts of data for near real-time risk scoring, the team took their model development to the cloud and delivered a product in less than a week through a unique virtual engagement.

Description: In discussing the contemporary reactions to this regulation, as well as how EU-based insurance firms adapted to the shift, this segment will invite us to question our assumptions on the role of gender-based pricing in the future of the industry. In the latter half of the presentation, we will delve into the challenges faced by LGBTQ+ individuals when accessing life, health, and auto insurance.

Description: The overarching objective of this research project is to explore the connections between mental health and mortality, as well as the influential factors present during the various phases of this continuum. The project analyzes SAMHSA mental health treatment data and BRFSS survey response data, as evidence for change in the approach to mental health services and insurer underwriting. For life insurers, more complete data on SDOH, lifestyle habits/behaviors, and mental health diagnoses may help with the identification of the appropriate insurance product. Having details on diagnosis and clear treatment history may make the difference between denial of coverage and offering a different insurance policy/plan (term or reduced term policy instead of whole life).

Description: This session will guide you through the process of constructing a tailored capital stack, revealing how to effectively allocate capital for new opportunities. Additionally, we will build upon the key findings from our whitepaper, “Structured Reinsurance: Impact on Health Pricing.” Don’t miss this chance to gain practical insights that can empower your organization to excel in the dynamic health insurance landscape.

Description: This session will focus on the latest regulatory changes impacting commercial dental plans, including recent developments in Minimum Loss Ratio Requirements (MLR) and the potential inclusion of adult dental services as an Essential Health Benefit (EHB).

Description: This introduction to Captive Insurance Companies will provide an overview that includes the history of captives, different types of captives, common applications, how captives work, why employers form or join a captive, and a Medical Stop Loss Group Captive case study.

Description: Short Form Professional Development Videos - Stat vs. economic frameworks  Recording