Business Services Industry
AMA seeks Aetna concessions. (American Medical Assn; Aetna U.S. Healthcare)
Business Insurance, December, 1997 by Kazel, Robert
AVENTURA, Fla.--David Letterman is now getting competition from actuaries and risk managers. At the 7th World Captive & Alternative Risk Financing Forum last month, an actuary and a risk manager squared off with the top 10 problems each has with the other. Susan J. Patschak, who analyzes captive and self-insured loss reserves as an actuary and principal with Tillinghast-Towers Perrin in Atlanta, offered her top 10 problems with risk managers, including that they: 10.
Think IBNR (incurred but not reported losses) really stands for "indicated but not required" for their companies. 9. Think calendar year loss experience is the same as accident year experience and can't understand why results differ. 8. Think of claims data as the actuary's data,...
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