Description: Feature article discussing the impact of health care reform on the direct insurance market and the reinsurance market.

Description: Health care reform will require health insurers to change the way they make decisions on what to sell while remaining financially sound. The new regulatory reality of expanded access to coverage leaves insurers with fewer options for managing costs and business risk. With the introduction of risk adjustment mechanisms in the exchanges, the most profitable members will not necessarily be the lowest cost ones, but rather, the members which the health plan is relatively more effective at servicing. While Patient Protection and Affordable Care Act 'PPACA' prohibits underwriting and using any health status information for denying coverage or varying the premium rates, this article describes how the use of consumer data will affect the way health insurers make decisions on what products to sell.

Description: Feature article from the January 2010 issue of In The Public Interest newsletter discussing reform of the U.S. health care system.

Description: This article discusses whether the health insurance is affordable given average income levels in the US.

Description: This essay discusses the long overdue effciencies that would improve the quality of healthcare in the United States.

Description: Stakeholders in a specific state (Minnesota) were interviewed about the potential value -- and obstacles -- of a catastrophic backstop program to handle long term care (LTC) financing needs. The design would entail a payroll deduction which would produce a fund to pay LTC expenses once a deductible period (of 1 to 4 years, depending on income) was reached. This design was believed to encourage enrollees to cover the front end better than done today, whether by private insurance or other means.

Description: Two responses to 'Predictive Modeling with Consumer Data' article in the Oct/Nov 2011 issue of The Actuary are critical of the proposal for using consumer data as a health insurance marketing tool.

Description: An overview of the Medicare Supplement landscape and the critical factors for successfully pricing and managing this product line amidst the challenges that exist.

Description: In April, 2009, the Chinese government launched the most comprehensive Health Care System Reform ever. The goal: to establish and improve the basic health care system covering most urban and rural residents, and to provide the people with safe, effective, convenient and affordable health care. There is no doubt that this 'Made in China' health care reform will become the world’s most extensive health care system reform because it will inevitably affect many players in the game such as the local governments who currently administrate the program, the medical professionals who provide the care, the pharmaceutical manufacturers who provide the medicines, and the very large population who participate in the program, etc. This article summarizes the highlights of China's health care reform program.

Description: This article is the first in a four-part series about what actuaries see as ideal components of a health care reform package. This part covers health care reform ideas explored at the Conference of Consulting Actuaries’ CCA 2009 Annual Meeting in Tucson, Ariz.