This topic is important for insurers, providers and governments (both state and federal). Each of these
constituents needs to know where to put resources for new programs, buildings and personnel, and
forecasting plays a critical role in the decision-making process. This presents an opportunity for actuaries
to expand into new areas and link them with current areas of expertise. For example, the forecast will
affect decisions on provider negotiations which in turn drive premium rates for a health carrier.
As a result of this session, you should be more effective in understanding and analyzing the effects of
different scenarios of healthcare demand on behalf of your employers or clients.