Description: The session will address the potential benefits of (re)opening corporate defined benefit plans for plans for plan sponsors and participants alike. Despite a shift from DB to DC trend over the last 20 years, this topic is particularly relevant as many US plan sponsors are enjoying overfunded DB plan funded status, struggling with retirement income solutions in DC plans, and navigating workforce management and recruiting considerations. This session will discuss how innovative plan designs, such as market-return cash balance plans and variable-annuity plans, reduce plan sponsor risks associated with traditional DB designs. We will also discuss investment, balance sheet, retirement readiness, and implementation considerations.

Description: This session reviews the importance of using benchmarks in healthcare utilization management to improve organizational and patient outcomes and increase efficiency. It highlights how benchmarks can inform decisions about utilization management strategies and benefit members, payers, and providers. The presentation includes best practices, successful examples, and solutions to challenges, focusing on claim utilization, risk adjustment efficiency, quality metrics, and overall performance. Additionally, insights into the future of benchmarks and the value of analyzing the entire distribution of data for deeper insights will be shared.

Description: In this session, we will discuss best practices in ALM and Strategic Asset Allocation (SAA) modeling approaches to account for the complex relationships between insurance liabilities and the portfolios backing them. We will highlight how robust modeling techniques not only result in optimal asset decisions from a long-term value perspective but can also result in better capital efficiency. At the conclusion of this session, attendees will be able to identify the key aspects of a successful ALM and SAA framework for liabilities subject to PBR.

Description: In this session, we will review how the previous and current concerns of pharmacy actuaries will affect the forecasting and review of upcoming pipeline events. After this session, attendees will have a broader understanding of the implications of what is coming next in the pharmacy pipeline and how they can be thinking about it.

Description: As health insurance self-funding becomes more popular among smaller group sizes, risk is evolving for the MGUs, stop loss writers, and reinsurers that cover them. Assessing more small groups at lower attachment points means rethinking traditional stop loss underwriting techniques.

Description: This session is open to all, but targeted to pension actuaries looking to understand the mechanics of how PRT is priced by life insurance actuaries, as well as life insurance actuaries who wish to understand how the stream of expected benefit payments and Accrued Benefits Obligation is calculated by Retirement Actuaries. Pension Risk Transfer involves two distinct disciplines of the actuarial profession. To date, understanding the other side of Pension Risk Transfer has been limited. This session will attempt to clarify the mechanics of the other side of PRT and explain how an actuarial model consolidating the two separate sides can be built. Panelists will include a retirement consulting actuary who helps retirement plan sponsors bring their pension plans to market to purchase PRT, as well as an experienced life insurer who works to price PRT.

Description: A comprehensive webcast designed to bring together industry practitioners to discuss the current state of Model Risk Management (MRM) frameworks. This event will delve into the advancements in MRM, the challenges faced by professionals in the field, and emerging trends such as machine learning model validation that are set to shape the future of MRM. Engage with experts, share knowledge, and explore innovative solutions to enhance the effectiveness of your MRM framework.

Description: This session will address the risk management, reserving and capital issues associated with index-linked annuities including financial reporting considerations for FIAs and RILAs, benefits of combining VA and RILA hedging and reserving under VM-21, current and future challenges with FIA reserving under VM-22, potential capital redundancy for FIAs, RILA interim values under AG 54, NAIC economic scenario reform, asset modeling, fund mapping and more!

Description: This session is designed to inform you about the current state of mental health and mental health care in the United States, as well as future trajectories. By exploring topics such as plan design, provider network, provider reimbursement, and other relevant channels, this session aims to enlighten everyone on existing challenges and the strategies being employed to tackle them. Notably, this will include and highlight proposed changes to the mental health parity. Additionally, attendees will hear from a mental health provider/academic on these topics to gain a non-actuarial perspective.

Description: In this video Matt Emery, FSA, MAAA, CERA delves into advancing Value-Based arrangements between plans and providers to uplift healthcare services. These initiatives aim to cut costs, refine coding accuracy, bolster quality measures, streamline care coordination, and enrich member benefits. Success hinges on engaging members effectively, executing robust cost strategies, utilizing predictive models, targeting specific populations, structuring payment plans, and optimizing data exchange for superior healthcare outcomes and enduring partnerships. Contributors: Matt Emery FSA, MAAA, CERA; Mitchell Momanyi FSA, MAAA; Jon Forster ASA, MAAA