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Obviously one of the biggest differences between the soa and the cas is the type of insurance products that youll be dealing with.

Department of health briefing. This session is co sponsored by the soa 2020 virtual health meeting and. The society of actuaries soa released a new modeling tool to assess the impact of covid 19 on health care insurance estimates for 2021. Massachusetts health insurance reform massachusetts health insurance reform executive summary questions.

This model and an accompanying research report help illustrate the level of the covid 19 outbreak the potential scenarios over the next half year and the direct costs from this pandemic. This is also referred to as risk scoring. 2021 health care cost model the society of actuaries soa created the soa 2021 health care cost model to enable users to estimate future us.

The health predictive analytics seminar is an interactive hands on seminar that provides attendees with the opportunity to apply practical knowledge of statistical techniques that are broadly relevant in actuarial work. Thank you the soa would like to thank the following members of the project oversight group for their review and support of the project. The panel will include health actuaries who provide rate review services for state departments of insurance health actuaries who provide rate review services for health plans and health actuaries who develop aca rates and file aca rate filing justification documents.

Jim toole fsa maaa discuses soa research he performed on the potential impact of a pandemic on the us. The society of actuaries is pleased to make available a research report that provides a detailed explanation of the first stage of a risk adjustment program the risk score model. Health care insurance costs.

Actuaries interested in or currently working in the health arena will appreciate the leadership opportunities access to educational resources research projects and relevant member only communications in this soa section. Risk scoring in health insurance. Soa actuaries will be dealing primarily with life insurance health insurance or retirement.

He also offers ideas on how actuaries and their employers can partner and provide assistance to their communities providers and others in the front lines. Core techniques like regression analysis generalized linear models decision trees time series analysis and machine learning techniques will also be discussed. Cas actuaries will be working with house insurance vehicle insurance and insurance for other personal belongings.

At the soa fann and dillon suggest in their commentary that early indications are that excluding the effects of covid 19 health insurance rate trends will be similar to what theyve been in.

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