Description: Get highlights from recently published and upcoming research from the SOA Research Institute, including work on specialty pharmacy and 'Valuing the Impact of Technology in Health Care'. Presenters will focus on the financial impacts of these issues as well as trends and other actuarial considerations.

Description: Session 7A: Integrated Analytics for GLP-1 Therapy Management: Optimizing Clinical and Financial Value

Description: Learn more about improving the modelling of individual decisions. This paper explains the concepts of hyperbolic discounting and provides a tool for improving the modelling of individual decisions.

Description: Following recent market volatility and regulatory changes, market data and market-consistent economic scenarios are at the core of the valuation of liabilities and market risk benefits under regimes such as IFRS 17 and Long Duration Targeted Improvements. This webcast will explore options available to insurance companies to establish stable long-term volatility assumptions and discuss how the choice of financial data can impact the calibration and the simulation of credit spread scenarios.

Description: The last 20 years of global interest rate experience has low interest rates for long periods of time ('low for long'), negative interest rates, strange yield curve shapes, and now the most rapid increase in interest rates in our history. What is it we should be focused on as risk managers? Low for long, high rates due to prolonged inflation, or some blend of the two? The session will discuss our interest rate experience and the factors that appear to be dominant for the next decade. The session will address how one establishes a set of stylized facts to guide the development of a suitable interest rate model and how calibration targets can be determined. Discussion will then move to the suitability of existing interest rate models for capturing the real-world risks that actuaries and other finance professionals are concerned with. Are there interest rate models that are fit for purpose given the past 20 years of experience? A selection of candidate models will be discussed and illustrated.

Description: 2022 was a year of radical change for the annuity market as interest rates increased from historic lows. The rapid growth of RILA products stalled as FIA and MYGA products saw a significant increase in market share. The impacts of the higher rate environment are continuing to be realized in experience, inforce management, product design and more. Explore the retail annuity market with a focus on the impacts of higher interest rates. Expect session materials to draw on experience studies, sales results, product changes, and more which will examine how higher interest rates have altered the annuity market.

Description: "Most patients enter the health care system through their primary care provider or through the Emergency Room or an Urgent Care Center. How an emergency room is structured, managed, and provides care is one of the major forces impacting the total cost of care. Yet it is often an after-thought and ignored by both health plans and health systems. In reality, the structured introduction of efficient practices can substantially reduce the quantity and cost of health care services. Further explore useful information to better understand and see how there are still substantial opportunities for improvement."

Description: CMS has required hospitals to publish their chargemaster rates, cash discounts and negotiated rates as of January 1, 2021. Our panel is comprised of a data strategist, an executive from a large hospital system and an actuary.

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: Financial illiteracy has been identified as a major obstacle to effective retirement planning for Americans. Anna Rappaport’s article provides actuaries with helpful ideas about ways to make the public more aware of the increasing need for financial literacy and some of the resources currently available to help individuals.