Description: Part 1 of a 2-part series exploring implementation issues for the Mental Health Parity and Addiction Equity Act of 2008 MHPAEA. Part 2 addresses the new enforcement safe harbor, how the regulations could impact the business of behavioral health care and the impending decisions for payors, employers, providers, and insureds.

Description: A look at cognitive biases, which are common tendencies of people when thinking about issues and when making decisions. Confirmation bias and sunk cost effects.

Description: Hear from the editor’s on the December 2018 issue of Risk Management published by the JRMS.

Description: Risk Magnification does exist and needs to be considered in the risk aggregation and risk management processes.

Description: Financial institutions have and continue to suffer substantial financial losses because of their exposures to various operational risks and insufficient risk management. Quantifying operational risk is a critical component of an institution’s ability to manage risk. The model described in the article provides a numerical measure for operational risks existing in a business entity through statistical methods. It takes experience data to reflect both the general features and company specifics of the defined operational risks, while also allowing for managerial discretion. An important achievement is to suggest a level of capital to hold against potential losses arising from operational risks.

Description: The article makes reference to how the intervention by government agencies and institutions into the financial marketplace are creating distortions. This artificial tampering into market mechanisms will likely result in major financial dislocations down the road as natural economic forces (coined by the term "invisible hand") eventually are allowed to come into play.

Description: The article focuses on some of the major challenges and considerations an insurance carrier faces with pricing, management, and administration of LTC Combo Products.

Description: Advisers and Consumers have a difficult task in choosing appropriate inflation protection - this article address the challenges and provides suggestions.

Description: Highlights and discussion of "Stretching the Corridor: The Effects of Extended Rate Stabilization on Defined Benefit Plan Funding Requirements." The report, produced by the SOA Data-drive In-House Research function, analyzed the effects of extending the pension funding stabilization provisions that were implemented with MAP-21 in 2012.