Description: The author gives his opinions of the cause of the health care financing crisis and ever increasing health care costs.

Description: An article in which Robert Laszewski, a Washington health policy strategist, tells us, actuarial science has never been more important to our country.

Description: This column highlights the recent developments in the Financial Reporting, Long Term Care Insurance, and Management & Personal Development Sections of the Society of Actuaries.

Description: The 1977 introduction of Average Indexed Monthly Earnings into the U.S. Social Security benefit formula makes it necessary to seek new ways to estimate the Primary Insurance Amount - the author proposes a formula for this estimate.

Description: The Fellowship Admission Course FAC is one of the proposals contained in the White Paper on Future Education Methods for the Actuarial Profession, circulated by the E&E Committee in early 1987. FEM proposals were developed with three primary objectives.

Description: Article describing two actuarial notes released by the Social Security Administration in 1967 clarifying changes to primary insurance amounts and family benefits.

Description: The author outlines the Academy's analysis of Clinton health care premiums, standard benefits, mental health benefits.

Description: Long-term-care LTC insurance presents a huge opportunity for insurers. If fully exploited, the field lends itself to policies with relatively large premiums that need to be accumulated over a lifetime in statutory reserves, requiring fiduciary investment management as well as insurance services. The need to accumulate large reserves to prefund a risk largely concentrated at the end of the life span gives this product most of the desirable characteristics of the level premium life insurance policies that were the staple of the insurance business for many decades.

Description: This article discusses the question, should the Canadian Institute of Actuaries ask the universities to assume the primary role for the education of actuaries in Canada?

Description: This is a discussion of the Life–Cycle Model, findings from behavioral finance, managing risks post–retirement, the role of government, software and some perspectives on the future.