The Academy published a new Essential Elements paper, Medicare's Long-Term Sustainability Challenge, that explores the long-term solvency challenges facing Medicare because of increasing enrollment and medical costs. Essential Elements is a series designed to make actuarial analyses of public policy issues clearer to general

The Academy published its second PBA Perspectives, which provides a quarterly update on activities surrounding the implementation of the Principle-based Approach (PBA) for life insurance. The newsletter includes reports and updates on legislative, regulatory, and Academy activity relating to the new principle-based methodology.