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Valuation Model Risks for Health Insurers
Program Code:
8PD
Date:
Monday, September 17, 2007
Time:
10:00 AM to 11:30 AM
SPEAKER
(S):
Marc Lambright
Steve Mahan
Peter R. Reilly, MS
Description
Health valuation actuaries rely on increasingly complex actuarial models to do their day to day work. With this increased complexity comes increased risk that financial results could be impacted by improperly specifying data and assumptions within models, misapplying models, or improperly implementing valuation models. In today's world of increased corporate scrutiny, controlling these risks is an imperative for any health insurer's risk management or control program. In this session, panelists will discuss the types of valuation models currently in general use by health insurers, the risks that they create, and considerations in properly controlling them.
This session is designed as a panel discussion for attendees with little to moderate experience.