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All Academy staff are currently working remotely due to the office closures recently mandated by the mayor of Washington, D.C. The fastest way to reach a staff member will be via email. Please find a list of staff email addresses here.
The American Academy of Actuaries is continuing to provide objective and independent analysis to all those with whom we work at the local, national, and international level. The Academy’s Health Practice Council has also developed answers to some frequently asked questions (FAQs) to share insights on COVID-19’s potential effects on health care spending and the private health insurance system and on the Medicaid program and Medicaid managed care organizations. We also developed a page with links to many COVID-19 information resources. Members of the Academy may also use this form to suggest additions to the resources page, our FAQs, potential COVID-19-related webinar topics, or other issues we might want to investigate. (April 07, 2020)
The Pension Committee published an issue brief considering the near-term and long-term effects of COVID-19 on pension plans, mortality, and other assumptions. (September 22, 2020)
Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (September 18, 2020)
The Academy announced the recipients of its two most prestigious annual awards—the Jarvis Farley Service Award and the Robert J. Myers Public Service Award—and four 2020 Outstanding Volunteerism Award recipients. They will be recognized during our virtual Annual Meeting and Public Policy Forum, held Nov. 5–6. Read the news release. (September 17, 2020)
Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (September 11, 2020)
Academy President D. Joeff Williams sent a letter on behalf of the Academy to the National Association of Insurance Commissioners (NAIC) offering comments to NAIC’s Special Committee on Race and Insurance. “It is of the utmost importance for all stakeholders to engage in a public discourse on race, diversity, and inclusion in the insurance sector,” the letter stated. “The Academy especially recognizes the need to acknowledge that there may be retrospective practices that could have a bearing on insurance-based disparities and to examine whether current practices perpetuate or exacerbate those disparities.” While noting the Academy fully shares the special committee’s goals to examine the issues in its charges and work streams, with the committee’s ambitious timeline to conclude its work by year-end, however, Williams wrote that it “may require more time to fully examine the range of issues involved.” He also cited the Academy’s new initiative to study health equity—including a Sept. 14 webinar on the topic—especially those health and health insurance systems in which actuaries are involved, to determine whether they contribute to health disparities. (September 11, 2020)
Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (September 04, 2020)
The Academy’s Board of Directors has approved the release of an exposure draft of revisions to the currently effective Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States (USQS). The comment deadline for the exposure draft is Oct. 30. Click here for the Academy email this week to members, and for information on how to submit comments, click here. (September 02, 2020)
In the September/October issue of Contingencies, the cover story, “Following the Money—The Future of Cash,” takes a look at physical currency, and whether the conventional method of payment may be on the way out. Other features include “On Target—Pursuing the Quadruple Aim in Health Care,” which takes aim at reducing costs in health care; and “Dire Diagnosis,” which asks if Is life underwriting equal to the current moment. Plus, a President’s Message from Academy President D. Joeff Williams on quality at a glance; three aspects of risk intelligence in Commentary, and a climb up a family tree in End Paper. (September 01, 2020)
The August Actuarial Update showcases the Academy’s premier annual event, the Annual Meeting and Public Policy Forum, which will be held as a virtual event this year. To make it even more accessible to our members, the price has been cut in half for the Nov. 5–6 event. Also in the issue: coverage of the Aug. 20 professionalism webinar, “In Times of Uncertainty, Professionalism Is Certain”; the Virtual PBR Boot Camp is coming up Sept. 14–17; professionalism and public policy presentations to the NAIC’s Virtual Summer National Meeting; the Academy will host a webinar on health equity issues on Sept. 14; the “Member Spotlight” profiles the Health Practice Council’s Susan Pantely; and the “Professionalism Counts” column looks at the Applicability Guidelines. (August 31, 2020)