Description: This report documents the work of the UCT with respect to development of an algorithm used to score preferred risk class structures, producing Relative Risk Scores and Prevalences. It is built for both knockout and debit-credit scoring methodologies.

Description: Excel file containing extracts of utilization and costs for chiropractic and acupunture - all members combined. From a research project examining the utility of standard eligibility and claims extracts for complementary and alternative medical therapies - CAM analysis.

Description: This is the input data for the R programs used to develop the examples for the research report “Extreme Events for Insurers: Correlation, Models, and Mitigation by Kailan Shang and Marc Vincelli

Description: This research report is the result of a second phase examination of the impact of VM-20 on life insurance product development.

Description: Chapter 10 of the Models for Retirement Policy Analysis. This chapter describes the Macroeconomic-Demographic Model of the U.S. Retirement Income System used to investigate alternative approaches to investment of the OASDI trust funds.

Description: Chapter 3 of the Models for Retirement Policy Analysis. This chapter describes the Dynamic Simulation of Model Income DYNASIM which was the first large scale dynamic microsimulation model of the socioeconomic status and behavior of individuals and families. The strengths and limitations of the approach are addressed as well as accessibility and ease of use.

Description: The Health Section Council HSC of the Society of Actuaries approved and funded a project to study the cost impact on plan sponsor retiree pharmacy costs when Medicare Part D is implemented in 2006. Actuarial & Health Care Solutions, LLC AHCS was retained by HSC to perform the project. This report provides estimated savings for several of the options that will be available to plan sponsors after implementation of the Medicare prescription drug program.

Description: The Society of Actuaries seeks to provide actuaries of life insurance companies with a systematic approach for estimating the adverse effects of economic developments that could impede insurer performance. The performance measurements include 1. Return on Equity, 2. Return on Assets, and 3. Increase in Surplus and Capial. Toward that end, this study combines market and economic factors with insurer-specific data to form dynamic financial models of life insurers. Empirical analysis is based on annual data from 1985 through 1995 for 1,593 life insurers. By identifying important exogenous and insurer-specific factors related to life insurer performance, this study provides a basis for actuaries to build dynamic financial models for individual insurers. The study also identifies and describes several web sites that provide access to relevant economic and financial data. Also see the SOA website research page for excel spread sheets that have the charts that should be inserted in this report

Description: This report presents the results of our survey on post-level premium period lapse mortality assumptions and experience for level premium term products. The survey was conducted in mid-2006.

Description: The research investigates the challenges associated with determining a “fair value” assessment for embedded options in two product types and incorporates the process into product pricing and liability valuation