Description: This article provides an overview of behavioral economic theory as it relates to health and welfare insurance plans and provides summaries of two sample applications of the theories: enrollment in health insurance exchanges created by the Patient Protection and Affordable Care Act, and product design considerations in light of vast health illiteracy.

Description: This document provides answers to the exercises in the report titled Complexity Science – an introduction and invitation for actuaries:.

Description: This table is an analysis of engagement among adults age 55 and older by health status. Engagement is defined as time spent in paid work, formal volunteering informal volunteering and caregiving activities.

Description: The traditional informal care of/by family has faced increasing geographic and economic challenges from changing family households and sources of family income. Financial planning and risk protection tools provide important resource in the changing retirement landscape toward optimal family support and crisis management, that is, with less duress and financial burden to affected family caregivers. Ultimately, maintaining family values and close communications through evolving family structures are key to a healthy society and economic welfare of the people.

Description: This is an article about the lack of savings by the baby boomers and how it will affect retirement and the ramifications for Social Security. The author believes that baby boomers will choose to continue to work and alleviate some of the burden on social security.

Description: Learn more about improving the modelling of individual decisions. This paper explains the concepts of hyperbolic discounting and provides a tool for improving the modelling of individual decisions.

Description: A three-minute neuroscience-based image exercise is able to accurately unlock the emotional state of individual employees, permitting prediction of a host of specific needs. Actuaries can use this quantitative information at scale to target resources, benefits, and supports to increase the objective wellness and subjective well-being of workforces.

Description: Review of the address given by Richard H. Thaler, Robert P. Gwinn Professor of Behavioral Science and Economics at the University of Chicago at the Investment Section at the Society of Actuaries meeting in New York on October 20.

Description: Obesity is poised to overtake smoking as the leading preventable cause of death. What parallels can be drawn between public and reinsurance industry responses to these two lifestyle choices? Swiss Re investigates.

Description: Identity theft protection can be offered easily through many different distribution channels because ID theft protection is not considered an insurance product. Marketing to consumers directly via point of sale, direct marketing or worksite marketing are all viable alternatives. From News Direct, September 2005, Issue No. 51.