Sort: Source | Date | Category | (68) results, (9) pages
CFO Magazine, Aug. 13, 2010Employee Benefits
Pension plans: Why safer isn't catching on
Ever since Congress passed the Pension Protection Act four years ago this month, corporate pension-plan sponsors have been slowly but surely moving towards less-risky asset allocations in order to maintain compliance with the law's stringent funding requirements. For many, that has meant pursuing a liability-driven investment (LDI) strategy, using long-term bonds or a series of swaps in order to make the duration of assets match up with the expected maturation of liabilities.
PRNewswire, Aug. 9, 2010Healthcare
Society of Actuaries study finds medical errors annually cost at least $19.5 billion nationwide
A study commissioned by the Society of Actuaries has found that approximately 25 percent of the $80 billion in medical injury-related costs reported in 2008 were the result of avoidable medical errors. The report used claims data to establish an actuarially sound measurement of costs for these avoidable medical injuries, which cost the U.S. economy some $19.5 billion a year. According to Milliman's Jon Shreve, coauthor of the report, the claims data does not identify all errors that actually occur, "so the total economic impact of medical errors is in fact greater than what we have reported." The study, which also identifies the 10 most costly medical errors, concludes that the use of an actuarial approach to identify potential causes of error could help minimize waste and excessive costs in the U.S. healthcare system.
The New York Times, July 23, 2010Employee Benefits
401(k) fees gain a bit of clarity
New rules from the Department of Labor require 401(k) plan and pension plan service providers to provide more information about product pricing. Providers must list the fees they charge when they collect at least $1,000 for services, and they must also disclose any recordkeeping fees. And to provide even greater clarity, 401(k) providers must reveal any compensation they collect directly from the plan’s assets, as well as any indirect compensation they receive from outside vendors.
The New York Times, July 21, 2010Healthcare
New drugs that could reach the market as soon as next year could radically change the treatment of hepatitis C, which affects approximately 4 million Americans and about 170 million people worldwide. In what is called “one of the largest pharmaceutical opportunities this decade,” some two dozen pharmaceutical companies are now developing new drugs to treat hepatitis C. A late-stage clinical trial of one of the new drugs showed promising results in May. To improve the chances that patients will be able to be screened and treated with the new drugs, pharmaceutical firms are also helping to launch a new wave of activism aimed at increasing awareness of hepatitis C.
The Actuary Magazine, July 13, 2010Other
The Actuary Magazine interviews Milliman Chairman Brad Smith about his new book
In this interview with The Actuary Magazine, Milliman Chairman Brad Smith discusses his business philosophies, the risks he has taken, and his new book, "What Do You Think? Preparing for the Question that All Clients Ask."
You can read more about Brad's book and purchase it at:
http://www.soa.org/news-and-publications/publications/books/pub-books-detail.aspx
CNNMoney.com, May 11, 2010Healthcare
Insured workers' health costs still rising
Out-of-pocket costs for the millions of Americans with employer-based health coverage rose again in the past year, although at a slower pace than the year before, according to a new industry report released Tuesday.
National Underwriter, March 30, 2010Healthcare
Milliman: Expect the PPACA package to lead to intense regulatory scrutiny
The health insurance industry will face intense regulatory scrutiny due to the new Patient Protection and Affordable Care Act and its companion, the Reconciliation Act of 2010, according to Milliman Inc.
The Washington Post, March 19, 2010Healthcare
My personal health reform nightmare
In this opinion piece, The Washington Post's Charles Lane voices his concerns about the individual mandate in the new health reform bill. He cites Milliman consultants Ronald G. Harris's and Thomas D. Snook's description of a "selection spiral" as an example of the kind of unintended consequence that may result if an individual mandate is ineffective.
| Page 1 of 9 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | » |
