After the COVID-19 outbreak intensified, Congress acted to make testing free for patients. But what about the additional costs for treatment or hospitalization if someone tests positive? The answers are not as simple. In the full article from the New York Times, read an up-to-date FAQ about government and health insurers’ policies regarding COVID-19 and […]

With the COVID-19 crisis putting a strain on the healthcare system, insurers and providers are asking themselves: how will this situation affect total healthcare spending in 2020? Will treatment lead to increase in total costs? Or will the delay of some surgeries and other nonessential procedures mean lower spending for the year? In the full […]

As the COVID-19 crisis has unfolded, the federal government’s Centers for Disease Control and Prevention (CDC) has issued guidance on how to prevent the spread of the virus. But now they’re also addressing a secondary problem created in this crisis: the rise of stress and anxiety. In the complete guide from the CDC, learn some […]

Insurance companies usually have contingency plans for a variety of events—knowing how their businesses would continue to operate after a cyber attack, a natural disaster or a power outage. But most have not prepared for a widespread shutdown of the economy as we’ve experienced with COVID-19. In this helpful guide from PWC, read about potential […]

During stressful times, children usually look to their parents for examples of how to behave and how to react. That means that if you have children, your kids are paying special attention to how you’re reacting to the current COVID-19 crisis. How can you best communicate concepts like “social distancing” to your children? What’s the […]

As a new financial market develops, its processes become more standardized and sophisticated. That evolution is now happening rapidly in the pension and longevity risk transfer markets, where pension plans are searching for ways to hedge their risk. In this in-depth article from the North American Actuarial Journal, learn how managers are using buy-ins, buy-outs […]

The spread of COVID-19 is now affecting all areas of public and private life. And in the UK, the virus is hitting defined benefit plans especially hard. In fact, experts say that the crisis has already increased the plans’ deficits by over £100 billion, with the potential of up to £900 billion if COVID-19 continues […]

Actuaries have earned a reputation as some of the most reputable, ethical people in the business world. But what happens when those ethics are challenged? And how should actuaries respond when their superiors ask them to bend or even break the rules? In the full article from The Actuary, read advice from actuary Charly J. […]

One of the world’s largest pharmaceutical companies, Allergan, has settled a lawsuit filed by patients who took its Alzheimer’s drug Namenda. The suit alleged that Allergan conspired with its competitor Mylan NV to delay alternative drugs and that it worked to push back the release of generic options. While paying $750 million to class action […]

More than 50% of Americans either own or are employed by a small business, making these businesses a crucial part of our economy. And for ambitious entrepreneurs, small businesses offer a chance for independence and a high profit margin. What are the 10 most profitable types of small businesses? And why do professional services businesses, […]