The
American Academy of Actuaries is a 17,500-member professional association whose mission is to serve the public and the US actuarial profession.
Reports by the
American Academy of Actuaries; Milliman, Inc., an actuarial firm; and the chief actuary of the Centers for Medicare & Medicaid Services (CMS) have all concluded that CLASS would have to charge exorbitant premiums, offer minimal benefits, or otherwise dissolve into actuarial insolvency.
According to a recent report by the
American Academy of Actuaries, consumer-driven plans not only drastically reduce costs but do so without sacrificing health outcomes.
Previously, he was Assistant Director for Technology for the
American Academy of Actuaries.
(25) In a letter to OPR, the
American Academy of Actuaries sought clarification that actuarial reports provided under a confidentiality provision are not "covered opinions." The confidentiality provisions are generally intended to prevent third parties from using the information in the actuarial reports for unintended and unsuitable purposes.
The so-called "infinite horizon" projection is meaningless, according to the
American Academy of Actuaries, but the trustees, two-thirds of whom are Bush administration officials, needed a scary number to help make the case for radical changes.
The Schaumburg, Ill.-based Society of Actuaries (SOA) and the
American Academy of Actuaries (AAA), based in Washington, want to change what they see as the miscast image of actuaries as boring executives immersed in numbers as turgid as they are incomprehensible.