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Health, Pension Issues To Be Discussed At Society of Actuaries Meeting; Personal Finance Expert to Deliver Keynote Address.

Business Editors, Insurance Writers

SCHAUMBURG, Ill.--(BUSINESS WIRE)--May 9, 2000

The author of what has been called "one of the ten best money books" of 1999, Terry Savage, will give the keynote address keynote address
n.
An opening address, as at a political convention, that outlines the issues to be considered. Also called keynote speech.

Noun 1.
 at the first 2000 spring meeting of the Society of Actuaries Mission Statement
The Society of Actuaries is a professional organization for actuaries based in North America. Its headquarters are located in Schaumburg, Illinois.
, May 22-24 at Bally's Las Vegas
:This article is about the Bally's Las Vegas hotel/casino. For other uses, see Bally (disambiguation).
Bally's Las Vegas is a hotel and casino, owned and operated by Harrah's Entertainment, located on the Las Vegas Strip in Paradise, Nevada.
.

Savage, author of The Savage Truth on Money and personal finance columnist for the Chicago Sun-Times This article is about the Chicago newspaper. For the Canadian newspaper, see Owen Sound Sun Times.
The Chicago Sun-Times is an American daily newspaper published in Chicago.
 and for Barrons Online, will kick off the general session at 8:30 a.m., Monday, May 22.

Current health and pension topics will be the focus of more than 100 educational sessions at the meeting, one of two sponsored in the spring by the Society. (Its second meeting, June 22-23 in San Diego, will address financial reporting and product development issues.)

Discussions on many aspects of health, pension, long-term care long-term care (LTC),
n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders.
, disability income, reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. , and a variety of other subjects will take place in sessions such as:

"Politics and Health Care" -- Recent legislation, such as the

Patient Protection Act, and other questions about managed care

(May 22)

"Risk Management for Pension Plans" -- Helping pension plans

obtain acceptable returns while managing risk (May 22)

"Alternative Medicine or an Alternative to Medicine" --

Comparison of alternative care, costs, and effectiveness to those

of more traditional health care methods (May 22)

"Access to Health Coverage" -- Public policy issues regarding

access to health care insurance; the problem of the uninsured;

government involvement (May 23)

"The Wizard of Odds!"-- A mathematical look at gambling; the

rules, odds, and correct strategy for casino gambling (May 23)

"Critical Illness Insurance Critical illness insurance or critical illness cover is a contract, invented by Dr Marius Barnard[1], where an insurer makes a lump sum cash payment if the policyholder is diagnosed with one of the critical illnesses listed on the insurance policy and survives a : A New Product Gaining Momentum"--

Rewards and pitfalls involved with this product; techniques for

deriving claim costs from public databases (May 24)

Details of the Las Vegas meeting can be found through the Society's home page (www.soa.org) under "Areas of Interest, Meetings/Seminars." Registration and other information is available from the Society's Continuing Education continuing education: see adult education.
continuing education
 or adult education

Any form of learning provided for adults. In the U.S. the University of Wisconsin was the first academic institution to offer such programs (1904).
 Department, 847/706-3500.

The Society of Actuaries, with 16,500 members primarily in the United States and Canada, is North America's largest professional organization for actuaries. The Society provides basic and continuing education to actuaries and conducts actuarial research. Society members practice primarily in the fields of life and health insurance, pensions, employee benefits and investments.

EDITOR'S NOTE: Journalists may register or obtain more information through Donna Steigerwald, Public Relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most  Manager, Society of Actuaries, 847/706-3566, dsteigerwald@soa.org. Audiotapes and transcripts will be available for most sessions.
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Publication:Business Wire
Date:May 9, 2000
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