Description: Presents ideas and discussion for improving Medicare so it may be financially sustainable

Description: The article discusses the sustainability of the ACA individual market from a public entitlement standpoint. A key point of measuring sustainability is the reliance on market forces rather than federal budget constraints. The article explains why an actuarial viewpoint of sustainability is necessary to a greater extent than other public assistance and social insurance programs. The article challenges actuaries to be a bold, objective voice in a space that is full of opinionated but often uninformed viewpoints.

Description: Letter From the Editor summarizing articles in the newsletter.

Description: Responsibilities Of The Actuary For Communicating Sarbanes-Oxley Control in accordance With Actuarial Standards of Practice

Description: This article reviews studies find that the mortality gap has significantly reduced – though not eliminated – the overall progressivity of Social Security.

Description: The editorial suggests taking to a new level the SOA’s commitment to finding ways that will benefit society.

Description: An article from The Actuary that highlights Stephen C. Goss, chief actuary at the Social Security Administration, who was recently awarded the National Academy of Social Insurance's NASI first ever Robert M. Ball Award for outstanding achievements in social insurance. According to NASI, Goss exemplifies 'public service' at its very best. The Actuary asked Goss if he could give a little more of himself and answer some questions about his career, which, of course, he did.

Description: In this paper, Honorable Mention Essay for the Society of Actuaries' Entrepreneurial Actuaries Section 2010 Papers Competition, the author discusses the relative lack of personal insurance programs in third world countries, and the opportunities and challenges this presents to entrepreneurial actuaries. This essay discusses approaches for solving the issues in order that personal insurance programs in the third world will become a viable business opportunity. In addition to being an opportunity, the author believes this should also be an area in which actuaries feel a responsibility for finding solutions, because actuaries understand the problems and can find the answers. The author also suggests ways the Entrepreneurial Actuaries Section can help.

Description: Applies the economic concept of negative externality (where firms profit but create unacceptable social costs) to systemic of financial institutions. Identifies alternatives to the traditional (Pigou) response of taxing the firm.