Health

What you missed at the 2017 Future of Health Seminar

The annual Future of Health Seminar returned to Melbourne this year with a star line-up of speakers. Here is a summary of what you missed out on if you weren't there!

The Health Insurance Challenge in Australia

Ignatius Li of Deloitte and the Actuaries Institute's Health Practice Committee looks at some key challenges facing the health sector, including private health insurance reforms, ahead of the much anticipated 'Future of Health Seminar in Melbourne next month.

Ensuring the financial sustainability of the NDIS

Sarah Johnson, Scheme Actuary for the NDIS and the 2016 Actuary of the Year, explains what defines financial sustainability in the NDIS insurance model and the role of actuaries in maintaining it.

An Introduction to iCare, the "social insurer"

Despite the rain the room was full when Dai Liu presented an Introduction to icare Insights Session at the Institute on 16 March, 2017. Jamie Reid reports on an informative session about the largest general insurance service provider in Australia.

Revamped Health CPD Course

Bronwyn Hardy and Barry Leung outline the Actuaries Institute's updated online Private Health Insurance CPD Course in light of significant changes in the private health insurance sector.

The evolution of disability insurance within superannuation

Disability cover has received considerable media attention recently which has led to significant analysis and review from superannuation funds and their insurers (and reinsurers) on several key issues. Here, Senior Consultants at Rice Warner, Geoff McRae and Andrea McDonnell, outline the issues and the future of this evolving provision.

Practice Update videos now available

The Actuaries Institute has just released the first collection of Practice Update videos! See what each committee has been up to and also earn CPD points.

The NDIS: Today and Tomorrow

Actuary and Director of the National Disability Insurance Agency (NDIA), Jessica Twigg, reports on the current state of the NDIS and some important lessons gleaned from the trial period of the scheme.

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Analytics-assisted triage of workers compensation claims

Director of Data Science Inna Kolyshkina and Scheme Actuary at ReturnToWorkSA Ivan Lebedev combine forces to explain a project undertaken to explore the usefulness of advanced data analytics capability for ReturnToWorkSA.

A Claim Pairing Approach to Measuring Superimposed Inflation

There are many ways of measuring superimposed inflation. In this article, Aaron Cutter of Finity explains how to measure superimposed inflation by pairing claims that ‘look-a-like’ - a technique adapted from home price inflation techniques.

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Better Recovery through Neuroscience

An understanding of basic neuroplasticity could help make our worker’s compensation claims systems less harmful and more sustainable. Rob Aurbach outlines his award-winning research paper.

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Seminar eyes Future of Private Healthcare

Nick Stolk reviews the recent ‘Future of Health Seminar’ that saw industry leaders discuss product complexity, premium increases and the lack of customer engagement in Australia’s private health insurance market.

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Paying for Ancillary Health – Why cash is king.

Chris Logan compares six different funding models for ancillary healthcare (AH) against a set of criteria to suggest the optimum way to pay for AH/services like dental, physio and optical.

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How to lose your shirt in private health insurance: Part two

Welcome to the final instalment of the two-part series! This article outlines ways in which capital can be managed to build resilience.

Health Insurance in Australia: A Sustainable Future?

Health Actuary Ignatius Li discusses risks to the sustainability of Australia’s private health care system, ahead of the Institute’s inaugural Future of Health Seminar.

The Future of Financial Services – FSF 2016 Wrap Up

FSF2016 examined how disruptors will impact the financial services industry. It asked, how can actuaries reimagine their career in the future world? Where are the opportunities?

How to lose your shirt in private health insurance: Part one

In this first instalment of a two-part series, actuaries working in the Private Health Insurance (PHI) industry examine the prudential risks to capital in PHI in Australia.

NDIS update from the Scheme Actuary

[VIDEO]: Five minutes with the Scheme Actuary of the National Disability Insurance Scheme (NDIS), Sarah Johnson, following her Plenary talk on Scheme Trial Site progress.

Improving the health of ageing workforces - Q&A with Caroline Howe

Five minutes with Dr Caroline Howe, a leading consultant and researcher with a focus on Ageing Well at Work.

Ghost of pet industry past, present and future

The market for insuring the health of pets has boomed and the emphasis has moved from a property-based insurance to resembling health insurance. Brian Hau reports.

Also this month