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Financial Risk Preparation: The COVID-19 Pandemic and ‘Unknown Unknowns’

A few days before ‘shelter in place’ became a common part of our lexicon, I returned home from the office one afternoon and told my wife I had a nice chat with the New York Times...

Financial Risk Preparation: The COVID-19 Pandemic and ‘Unknown Unknowns’2024-05-17T11:49:43-07:00

A Hard Pill to Swallow: Appreciating the Mathematical Dynamics of the Affordable Care Act

The pivotal moment[2] in the 1999 science fiction action film The Matrix involves the central character having to choose between irrevocable binary options. He can elect to swallow...

A Hard Pill to Swallow: Appreciating the Mathematical Dynamics of the Affordable Care Act2024-05-20T13:27:55-07:00

Another ACA Paradox: Lowering the Average Age Increases Consumer Premiums

There is a little secret (not anymore) among health actuaries that pricing age slopes are self-fulfilling. If the true cost of the oldest eligible age group in a population is five times the youngest...

Another ACA Paradox: Lowering the Average Age Increases Consumer Premiums2024-05-20T12:29:36-07:00
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