Description: In this third phase, Sibson interviewed three researchers and actuarial modelers. The objectives of the interviews were to gain perspective on the conceptual model, model alternatives, methodology, and data sources.

Description: A recent study sponsored by the Society of Actuaries (SOA) and ILTCI Conference Board examines morbidity improvement and how it impacts long-term care (LTC). The study was authored by P.J. Eric Stallard and Anatoliy Yashin of Duke University. This article summarizes the study’s findings and provides useful background for readers who may not be familiar with LTC services and insurance.

Description: This report estimates sex-specific trends in HIPAA ADL disability between 1984 and 2004 using the National Long Term Care Survey (NLTCS); estimates age-standardized 20-year changes in ADL and cognitive impairment (CI) among the U.S. elderly using the HIPAA CI trigger; estimates the joint distribution of cognitive impairment (CI) and ADL disability among aged Medicare enrollees using the HIPAA disability triggers.

Description: This research report analyzed the effects of different types of informational interventions on annuity-related behavioral intentions and beliefs, such as estimated retirement age and life expectancy.

Description: The Pension Section is pleased to make available Part I of a two-part research paper exploring embedded options in pension plans. Part I includes a catalogue of embedded options in pension plans and the results of a related survey of pension practitioners. The paper was written by PricewaterhouseCoopers LLC.

Description: The goal of this paper is to examine similarities between value investing and enterprise risk management (ERM) methods.

Description: This research report examines the potential implications of the risk mitigation programs – risk adjustment, reinsurance, and risk corridors – established under The Patient Protection and Affordable Care Act.

Description: The objective of this project is to summarize the existing literature on end of life issues of interest to actuaries, and to document a broad list of such articles. The end of life issues explored are multi-dimensional and from multiple perspectives. When considering cost implications of end of life care, it is necessary to consider cost in a broad context as it is a measure that cannot solely be defined by dollars. Other dimensions of cost, such as quality of care, family care giving, communication, patient preferences and access to care, should also be explored.

Description: Situated at the intersection of psychology, neuroscience, sociology, and economics, behavioral economics (BE) centers on applying an honest understanding of human behavior to practical problems. This report is designed to provide general familiarity to the reader interested in the subject of BE and motivate additional research on the topic.

Description: The purpose of this report is to demonstrate how artificial intelligence applications have grown since their infancy and invite the reader to consider the vast data at our disposal for the future.