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Article

Whether to Amend and Extend: National Flood Insurance Program Reauthorization as an Opportunity for Reform

WASHINGTON—August typically marks not only the start of the peak of hurricane season but is also the time during which Congress recesses for its monthlong district/state work period. When…
Topics: Casualty Climate Risk Financial Security Professionalism Public Policy
Date Published: 08/04/2020
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Article

Academy Issue Brief Examines How the COVID-19 Pandemic Has Introduced New Uncertainties, Complexity in the Development of 2021 Health Insurance Premium Rates

WASHINGTON—As health insurers file proposed premium rates for 2021, a new issue brief from the American Academy of Actuaries reveals how the COVID-19 pandemic has brought new uncertainties and…
Topics: Financial Security Health Insurance Professionalism Public Policy
Date Published: 06/10/2020
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Article

Data Update to the Actuaries Climate Index

Index’s data updated through fall 2019 including 2019 drought and sea level values Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (May 27, 2020)—The Actuaries Climate…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 05/27/2020
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Article

American Academy of Actuaries Provides Assessment of Social Security’s Financial Condition Based on 2020 Trustees Report

WASHINGTON—A new issue brief from the American Academy of Actuaries, An Actuarial Perspective on the 2020 Social Security Trustees Report, provides policymakers and the public with an…
Topics: Benefits Financial Security Health Insurance Professionalism Public Policy Social Security Solvency
Date Published: 05/21/2020
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Article

American Academy of Actuaries Assesses Available Risk Mitigation Policy Options to Limit Effects of COVID-19’s New Uncertainties for Health Insurers

WASHINGTON—The COVID-19 pandemic is affecting the U.S. health care system in numerous ways, many of which will affect health insurers. This includes impacts due to uncertainties surrounding…
Topics: Financial Security Health Insurance Medicare / Medicaid Professionalism Public Policy Reinsurance
Date Published: 05/18/2020
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Article

Actuaries: Coverage of Pandemic Risk Through Property/Casualty Insurance Could Be Designed Like Existing Federal Programs

WASHINGTON—Existing federal insurance programs for costly, hard-to-estimate property/casualty risks are more appropriate models for a federal insurance program to facilitate coverage of…
Topics: Casualty Financial Security Professionalism Public Policy Reinsurance
Date Published: 05/12/2020
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Article

American Academy of Actuaries: Medicare’s Financial Challenges Persist

WASHINGTON—An analysis of the recently released 2020 Medicare Trustees Report by the American Academy of Actuaries notes that the serious issues with Medicare’s financial condition…
Topics: Financial Security Medicare / Medicaid Professionalism Public Policy
Date Published: 04/28/2020
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Article

COVID-19 Brings New Uncertainties to Health Care Spending and Health Insurers

WASHINGTON—As the COVID-19 pandemic spreads, its effects on U.S. health care spending and health insurers for 2020 and beyond are uncertain, according to FAQs on COVID-19 and Its Effects on…
Topics: Financial Security Health Insurance Professionalism Public Policy
Date Published: 03/24/2020
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Article

Actuaries Climate Index Reaches New High for Sixth Consecutive Quarter

Index’s five-year average continues an upward trend Washington, D.C., Arlington, VA, Schaumburg, IL, and Ottawa, ON (February 27, 2020)—The five-year moving average of the Actuaries…
Topics: Casualty Financial Security Professional Organization Professionalism Public Policy
Date Published: 02/27/2020
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Article

Actuarial State of the Union 2020: Academy Highlights Risks and Reform Options for Social Security, Medicare, NFIP

WASHINGTON—Leading up to Tuesday’s 2020 State of the Union message, the American Academy of Actuaries is highlighting the need for public policymakers to address significant financial…
Topics: Benefits Financial Security Medicare / Medicaid Professionalism Public Policy Retirement Social Security
Date Published: 01/31/2020
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Related Resources

Essential Elements: Raising the Social Security Retirement Age

The Academy has released an Essential Elements paper based on the Social Security Committee’s March 2022 issue brief Raising the Social Security Retirement Age. The retirement age is a key…
Topics: Public Policy Retirement Social Security
Date Published: 03/21/2023
Policy & Research
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Practice Note

Practice Note on Modeling for Pension Actuaries

Pension Committee public policy practice note providing background and ideas about how a pension actuary might comply with ASOP No. 56, Modeling.  
Topics: Public Policy Retirement
Date Published: 01/19/2023
Policy & Research
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Practice Note

Selecting and Documenting Mortality Assumptions for Pensions

Pension Committee public policy practice note, Selecting and Documenting Mortality Assumptions for Measuring Pension Obligations, updating a 2015 practice note, revised to reflect updated Actuarial…
Topics: Actuarial Standards Public Policy Retirement
Date Published: 01/19/2023
Policy & Research
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Practice Note

Committee Finalizes Practice Note on Modeling for Pension Actuaries

The Pension Committee updated and finalized a previously exposed draft public policy practice note providing background and ideas about how a pension actuary might comply with ASOP No.
Topics: Public Policy Retirement
Date Published: 01/19/2023
Policy & Research
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Medicaid Managed Care State-Directed Payments

The Medicaid Committee released a public policy issue brief providing an overview of Medicaid managed care state-directed payments. The brief discusses: how these payments have evolved from…
Topics: Medicare / Medicaid Public Policy
Date Published: 09/16/2022
Policy & Research
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Issue Brief

Health Care and Health Insurance System Risk Assessment and Risk Adjustment in the Context of Health Equity

The Health Equity Committee released a public policy issue brief on health care and health insurance system risk assessment and risk adjustment in the context of health equity. Risk assessment and…
Topics: Health Equity Health Insurance Public Policy
Date Published: 08/30/2022
Policy & Research
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Issue Brief

DSAC & RETF Release Major Issue Brief on Correlation and Causation

The Data Science and Analytics Committee, in partnership with the Racial Equity Task Force, released a major issue brief, An Actuarial View of Correlation and Causation – From Interpretation to…
Topics: Data Science / Big Data Financial Reporting Public Policy Risk Management
Date Published: 07/06/2022
Policy & Research
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Issue Brief

Insurance Linked Securities and Catastrophe Bonds Issue Paper

The Academy’s Extreme Events and Property Lines Committee published a paper, Insurance Linked Securities and Catastrophe Bonds, a public policy issue paper.
Topics: Public Policy
Date Published: 06/14/2022
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Policy Paper

ILS Issue Paper Released

The Academy’s Extreme Events and Property Lines Committee published a paper, Insurance Linked Securities and Catastrophe Bonds, a public policy issue paper.
Topics: Casualty Public Policy
Date Published: 06/14/2022
Policy & Research
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Issue Brief

Work Group Releases LTC Actuarial Equivalence Public Policy Issue Brief

The Long-Term Care (LTC) Reform Subcommittee’s LTC Actuarial Equivalence Work Group released the public policy issue brief, Value of Reduced Benefit Options in Long-Term Care Insurance Rate…
Topics: Benefits Long-Term Care NAIC Public Policy
Date Published: 05/25/2022
Policy & Research
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