Role of the Health Care Actuary – Panel Discussion

Role of the Health Care Actuary – Panel Discussion

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Description:

Moderator: Adrian Baskir (who is submitting this abstract)

Panelists will cover different markets with (at least) one each from:

  • The Americas/USA
  • UK/Europe
  • Asia
  • Africa/ Middle East:

They will comprise:

  • An academic (actuary)
  • A leading Chief Actuary at a Health Insurer
  • A leading Heath Care Actuarial Consultant at a large global actuarial firm
  • An actuary involved in Data science
  • An actuary working in public healthcare sector

Format:

  • Each Panelist will have 3 minutes to introduce their perspective on the topic covering the practice areas covered in their markets (15 minutes).
  • The Moderator will then pose up to 5 questions to the panel for discussion (25 minutes).
  • The Session will then be opened for Questions & Answers from the floor (20 minutes).
  • Note session can be extended to 90 minutes if required to fit the Colloquium format.

Topics to be covered (at least):

  • What are the different considerations for actuaries working in the public vs the private sector?
  • How should actuaries engage with other professionals in this sector such as doctors, health economists, Lawyers (medical ethics)?
  • Is there a risk that the role of the actuary in healthcare will be replaced by data scientists, economists, statisticans etc?
  • Where can the actuarial profession add greatest value to healthcare sector? (examples could be in long-term care solutions, efficiency of public health systems, managed care, utilisation of big data, alignment of incentives between providers, payors and patients.)
  • Big Data, Deep Learning, Machine Learning and Artificial Intelligence – opportunity or threat for health actuaries?
  • What would you like to see the IAA and local Actuarial Associations (eg ASSA) do to promote and grow the role of the Health Care Actuary? What more should they be doing to support the actuary?

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