Description: The instructors in this boot camp session will highlight the SOA's work on an updated Medicaid underwriting margin model. This research project includes an excel model, a set of instructions and a paper describing the key components of underwriting margin, including cost of capital and risk margin.

Description: The following videos are from Matt Emery, FSA, MAAA, CERA. Matt is a Vice President of Actuarial at HarmonyCares. He is an avid SOA volunteer. Matt brings a background and expertise in Value Based Care, Medicare Advantage, and Pharmacy pricing. In this video Matt Emery delves into the transformative landscape of Value Based Programs within Medicare. With a keen eye on aligning regulators, insurers, and healthcare providers, emery highlights the stark differences between the traditional Fee-For-Service model (FFS) and the evolving paradigm of Value Based Care (VBC) He emphasizes VBC’s focus on incentivizing improved patient outcomes, cost-efficiency, and equity, underlining the critical role of CMS and its strategic goals for widespread adoption. Matt navigates through key programs like MSSP and REACh, showcasing their eligibility criteria, assignment methodologies, and approaches to calculating savings or losses, while shedding light on the nuanced tracks within these models that balance risk and reward for participating ACOs. Contributors: Matt Emery, FSA, MAAA, CERA; Mitchell Momanyi FSA, MAAA; Jon Forster ASA, MAAA.

Description: Join our panel as we explore key trends in private credit and its growing role in investment portfolios. We'll discuss the benefits of private credit, including potential yield enhancements and diversification relative to public bonds, as well as its applications for P&C insurance, life insurance, and pension plans. We'll also examine different types of private credit, such as real estate debt, direct lending, mezzanine debt and specialty credit, looking at both US and Canadian markets.

Description: Join our panel as we explore key trends in private credit and its growing role in investment portfolios. We'll discuss the benefits of private credit, including potential yield enhancements and diversification relative to public bonds, as well as its applications for P&C insurance, life insurance, and pension plans. We'll also examine different types of private credit, such as real estate debt, direct lending, mezzanine debt and specialty credit, looking at both US and Canadian markets.

Description: In this video, Joe Long ASA, MAAA, a consulting actuary and data scientist at Milliman, explains the concept of the bias-variance trade-off and its connection to actuarial credibility theory. He demonstrates how machine learning techniques like penalized regression can help actuaries balance bias and variance in their projections, using long-term care experience studies as an example. He also discusses the broader applicability and future directions of integrating advanced analytics into actuarial practice. Contributors: Joe Long ASA, MAAA; Jess Calafell, ASA, MAAA; Jon Forster ASA, MAAA

Description: Lifetime pension pools convert a lump sum into lifelong income, periodically adjusting benefit payouts based on mortality and investment experience. Volatility-targeting strategies can enhance benefit stability by dynamically adjusting the investment portfolio’s exposure to risky assets in the context of these pools, demonstrating superior performance compared to traditional static asset allocation methods.

Description: In this video Matt Emery, FSA, MAAA, CERA delves into advancing Value-Based arrangements between plans and providers to uplift healthcare services. These initiatives aim to cut costs, refine coding accuracy, bolster quality measures, streamline care coordination, and enrich member benefits. Success hinges on engaging members effectively, executing robust cost strategies, utilizing predictive models, targeting specific populations, structuring payment plans, and optimizing data exchange for superior healthcare outcomes and enduring partnerships. Contributors: Matt Emery FSA, MAAA, CERA; Mitchell Momanyi FSA, MAAA; Jon Forster ASA, MAAA

Description: View the Actuarial Innovations and Regulatory Approval Report

Description: The Society of Actuaries (SOA) is honored to announce the recipients of the Outstanding Session Awards for the 2024 SOA Health Meeting that took place in person on June 23–26 and virtually on July 23-25.

Description: List of presenters.