Content Library

Will “Silver-Loading” Create a Boom or Bust for Health Insurers?

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When President Trump announced in October 2017 that the government would no longer pay the cost sharing reductions (CSRs) included in the Affordable Care Act, insurers scrambled to adapt. But the move had unintended effects for both insurers and consumers: many insurers simply loaded the additional costs into silver plans, offering free or low-cost bronze […]

How IRAs Can Help Fill the Gap in Retirement Planning

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In the United States, one-third of private-sector employees do not have access to a company-sponsored retirement plan. Among employees at small businesses, the number is even higher, with 51% reporting no access to a retirement plan. But there’s a solution to this disparity: the tried-and-true IRA. How can employers, community organizations, and governments encourage people […]

New Gene Editing Technology Raises Questions for Insurers

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A breakthrough new technology is allowing scientists to edit human DNA faster and more cheaply than ever before. The technology, called CRISPR/Cas9, can be used to alter the body’s natural immune responses, helping patients fight off genetic and infectious diseases—even some cancers. As the technology is used more widely, the impact on life expectancy and […]

UK’s Pensions Regulator Gains the Power to Enforce

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The Pensions Regulator will pick up several new enforcement powers, according to a government white paper. Among them, fining companies and ensuring prosecution of company directors who put defined benefit pension schemes at risk. Along with a revised code and more stringent regulations, the changes aim to fully fund pensions in order to protect workers. […]

Understanding the Interview Process

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There are many methods used by employers these days to screen for top talent and “Best in Class” hiring. The interview process can cause a high level of anxiety for any candidate when they have to jump through many hoops from pre-screening questions, phone interviews, skills evaluations, virtual interviews, or even face to face interviews. […]

Ability to Communicate Clearly as an Actuarial Professional

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“Extremely Intelligent and Educated” are characteristics one would use when describing an Actuary. They have a deep understanding knowledge of mathematics and statistics with a vigorous educational plan starting with securing a Bachelor’s degree and then continue on to take a set of Actuarial Exams. Eventually landing a career as an Actuary, they continue to […]

The Unseen Risks of Cyber-Security Policies

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Most insurers saw the headlines about massive data breaches at Target, Home Depot and JP Morgan. But few realize the risk inherent in their own cyber insurance policies that often cover these breaches. Experts now see two main sources of exposure for insurers: risk from policy ambiguities and risk stemming from vendors of the policy […]

How the Insurtech Revolution is Changing the Insurance Industry

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As sweeping technological change comes to the insurance sector, both professionals and providers are adapting. This series of tech-driven innovations, “insurtech,” stands to alter nearly everything in the industry: from how underwriters operate to how insurers attract and retain customers. In fact, some major players are changing their business models entirely, with top property-casualty insurers […]

How to Manage Risk in Retirement Plans

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An aging population, potential healthcare changes and increased life expectancy mean that the shape of retirement is always changing. Today’s workers face an uncertain future in retirement, with a whopping 70% of women saying they’re worried about depleting their savings while retired. At the same time, employers are concerned about how to best meet the […]

Why Health Insurers Need to Improve Their Digital Marketing

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Consumers are making more and more of their buying decisions online—even for health care. In fact, online searches related to health insurance increased 12% over the last two years. But insurers are lagging behind, not investing the time or resources to create effective digital marketing. How can health insurance companies attract today’s digitally-minded consumer? And […]