75 FR 24450 - Early Retiree Reinsurance Program

Federal Register 2010, 2011, 2012, 2013, 2014

2010-05-05

... option'' in the regulation when discussing the fact that there is only one cost threshold and cost limit... amounts, and to apply the cost threshold and cost limit, to periods of time that are 12 months in duration... program provides reimbursement to participating employment-based plans for a portion of the cost of health...

45 CFR 149.350 - Maintenance of records.

Code of Federal Regulations, 2012 CFR

2012-10-01

... REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.350 Maintenance of records..., or longer if otherwise required by law. (b) The records that must be retained are as follows— (1) All...

45 CFR 149.350 - Maintenance of records.

Code of Federal Regulations, 2013 CFR

2013-10-01

... REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.350 Maintenance of records..., or longer if otherwise required by law. (b) The records that must be retained are as follows— (1) All...

45 CFR 149.350 - Maintenance of records.

Code of Federal Regulations, 2014 CFR

2014-10-01

... REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.350 Maintenance of records..., or longer if otherwise required by law. (b) The records that must be retained are as follows— (1) All...

45 CFR 153.230 - Calculation of reinsurance payments.

Code of Federal Regulations, 2012 CFR

2012-10-01

... (d) of this section, the payment formula and values for the attachment point, reinsurance cap, and... attachment point and the reinsurance cap. (d) State modification of reinsurance payment formula. If a State establishes a reinsurance program, the State may modify the reinsurance payment formula in accordance with the...

RISK CORRIDORS AND REINSURANCE IN HEALTH INSURANCE MARKETPLACES

PubMed Central

LAYTON, TIMOTHY J.; MCGUIRE, THOMAS G.; SINAIKO, ANNA D.

2016-01-01

Health Insurance Marketplaces established by the Affordable Care Act implement reinsurance and risk corridors. Reinsurance limits insurer costs associated with specific individuals, while risk corridors protect against aggregate losses. Both tighten the insurer’s distribution of expected costs. This paper compares the economic costs and consequences of reinsurance and risk corridors. We simulate the insurer’s cost distribution under reinsurance and risk corridors using data for a group of individuals likely to enroll in Marketplace plans from the Medical Expenditure Panel Survey. We compare reinsurance and risk corridors in terms of risk reduction and incentives for cost containment. We find that reinsurance and one-sided risk corridors achieve comparable levels of risk reduction for a given level of incentives. We also find that the policies being implemented in the Marketplaces (a mix of reinsurance and two-sided risk corridor policies) substantially limit insurer risk but perform similarly to a simpler stand-alone reinsurance policy. PMID:26973861

45 CFR 149.345 - Use of information provided.

Code of Federal Regulations, 2012 CFR

2012-10-01

... REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.345 Use of information... law. Nothing in this section limits the Office of the Inspector General's authority to fulfill the Inspector General's responsibilities in accordance with applicable Federal law. ...

45 CFR 149.345 - Use of information provided.

Code of Federal Regulations, 2013 CFR

2013-10-01

... REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.345 Use of information... law. Nothing in this section limits the Office of the Inspector General's authority to fulfill the Inspector General's responsibilities in accordance with applicable Federal law. ...

45 CFR 149.345 - Use of information provided.

Code of Federal Regulations, 2014 CFR

2014-10-01

... REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.345 Use of information... law. Nothing in this section limits the Office of the Inspector General's authority to fulfill the Inspector General's responsibilities in accordance with applicable Federal law. ...

Can managed care reduce employers' retiree medical liability?

PubMed

Taylor, R S; Newton, B

1991-01-01

The Financial Accounting Standards Board (FASB) has forced U.S. companies to look squarely at their current retiree health obligations and their future commitments. Accounting Statement No. 106 (FAS 106) requires employers to accrue liabilities for retiree health benefits during employees' active service, rather than record the costs as benefits are paid. Employers are scrambling to find ways to reduce the statement's effect on corporate balance sheets. While managed health care has been increasingly employed to control benefit costs in active employee health plans, it has not been as popular in retiree plans. This article reviews important demographic and health trends in the retiree population and summarizes employers' early responses to FAS 106. It explores why managed health care has thus far played a limited role in reducing employers' postretirement medical liability, and offers insight into how that role could be increased in the future.

45 CFR 149.315 - Reimbursement conditioned upon available funds.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Reimbursement conditioned upon available funds. 149.315 Section 149.315 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods...

45 CFR 149.315 - Reimbursement conditioned upon available funds.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Reimbursement conditioned upon available funds. 149.315 Section 149.315 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods...

45 CFR 149.700 - Change of ownership requirements.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 149.700 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Change of Ownership Requirements § 149.700... liability for health benefits, the existing sponsor agreement is automatically assigned to the new owner. (e...

45 CFR 149.300 - General reimbursement rules.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false General reimbursement rules. 149.300 Section 149.300 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.300 General reimbursement...

45 CFR 149.325 - Requirements for eligibility of claims.

Code of Federal Regulations, 2010 CFR

2010-10-01

... Section 149.325 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.325 Requirements for eligibility of claims. A claim may be submitted only if it represents costs for health...

45 CFR 149.610 - Secretary's authority to reopen and revise a reimbursement determination.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Secretary's authority to reopen and revise a reimbursement determination. 149.610 Section 149.610 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Disclosure...

45 CFR 149.325 - Requirements for eligibility of claims.

Code of Federal Regulations, 2011 CFR

2011-10-01

... Section 149.325 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.325 Requirements for eligibility of claims. A claim may be submitted only if it represents costs for health...

45 CFR 149.300 - General reimbursement rules.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false General reimbursement rules. 149.300 Section 149.300 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.300 General reimbursement...

45 CFR 149.600 - Sponsor's duty to report data inaccuracies.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Sponsor's duty to report data inaccuracies. 149.600 Section 149.600 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Disclosure of Data Inaccuracies...

45 CFR 149.335 - Documentation of costs of actual claims involved.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Documentation of costs of actual claims involved. 149.335 Section 149.335 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods...

45 CFR 149.335 - Documentation of costs of actual claims involved.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Documentation of costs of actual claims involved. 149.335 Section 149.335 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods...

45 CFR 149.610 - Secretary's authority to reopen and revise a reimbursement determination.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Secretary's authority to reopen and revise a reimbursement determination. 149.610 Section 149.610 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Disclosure...

45 CFR 149.700 - Change of ownership requirements.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 149.700 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Change of Ownership Requirements § 149.700... liability for health benefits, the existing sponsor agreement is automatically assigned to the new owner. (e...

45 CFR 149.600 - Sponsor's duty to report data inaccuracies.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Sponsor's duty to report data inaccuracies. 149.600 Section 149.600 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Disclosure of Data Inaccuracies...

The role of retiree health insurance in the early retirement of public sector employees.

PubMed

Shoven, John B; Slavov, Sita Nataraj

2014-12-01

Most government employees have access to retiree health coverage, which provides them with group health coverage even if they retire before Medicare eligibility. We study the impact of retiree health coverage on the labor supply of public sector workers between the ages of 55 and 64. We find that retiree health coverage raises the probability of stopping full time work by 4.3 percentage points (around 38 percent) over two years among public sector workers aged 55-59, and by 6.7 percentage points (around 26 percent) over two years among public sector workers aged 60-64. In the younger age group, retiree health insurance mostly seems to facilitate transitions to part-time work rather than full retirement. However, in the older age group, it increases the probability of stopping work entirely by 4.3 percentage points (around 22 percent). Copyright © 2014 Elsevier B.V. All rights reserved.

45 CFR 800.204 - Reinsurance, risk corridors, and risk adjustment.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 3 2013-10-01 2013-10-01 false Reinsurance, risk corridors, and risk adjustment... Adjustment § 800.204 Reinsurance, risk corridors, and risk adjustment. (a) Transitional reinsurance program... transitional reinsurance program for the individual market. (b) Temporary risk corridors program. An MSPP...

45 CFR 800.204 - Reinsurance, risk corridors, and risk adjustment.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 3 2014-10-01 2014-10-01 false Reinsurance, risk corridors, and risk adjustment... Adjustment § 800.204 Reinsurance, risk corridors, and risk adjustment. (a) Transitional reinsurance program... transitional reinsurance program for the individual market. (b) Temporary risk corridors program. An MSPP...

45 CFR 149.600 - Sponsor's duty to report data inaccuracies.

Code of Federal Regulations, 2014 CFR

2014-10-01

... HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Disclosure of Data Inaccuracies § 149.600 Sponsor's duty to report data inaccuracies. A sponsor is required to disclose any data... 45 Public Welfare 1 2014-10-01 2014-10-01 false Sponsor's duty to report data inaccuracies. 149...

45 CFR 149.600 - Sponsor's duty to report data inaccuracies.

Code of Federal Regulations, 2012 CFR

2012-10-01

... HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Disclosure of Data Inaccuracies § 149.600 Sponsor's duty to report data inaccuracies. A sponsor is required to disclose any data... 45 Public Welfare 1 2012-10-01 2012-10-01 false Sponsor's duty to report data inaccuracies. 149...

45 CFR 149.500 - Appeals.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Appeals. 149.500 Section 149.500 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Appeals § 149.500 Appeals. (a) An adverse reimbursement determination...

45 CFR 149.330 - Content of claims.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Content of claims. 149.330 Section 149.330 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.330 Content of claims. Each...

45 CFR 149.500 - Appeals.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Appeals. 149.500 Section 149.500 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Appeals § 149.500 Appeals. (a) An adverse reimbursement determination...

45 CFR 149.345 - Use of information provided.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Use of information provided. 149.345 Section 149.345 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.345 Use of information...

45 CFR 149.345 - Use of information provided.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Use of information provided. 149.345 Section 149.345 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.345 Use of information...

45 CFR 149.330 - Content of claims.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Content of claims. 149.330 Section 149.330 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.330 Content of claims. Each...

45 CFR 149.520 - Review of appeals.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Review of appeals. 149.520 Section 149.520 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Appeals § 149.520 Review of appeals. (a) In conducting...

45 CFR 149.340 - Rule for insured plans.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Rule for insured plans. 149.340 Section 149.340 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.340 Rule for insured plans...

45 CFR 149.340 - Rule for insured plans.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Rule for insured plans. 149.340 Section 149.340 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.340 Rule for insured plans...

45 CFR 149.520 - Review of appeals.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Review of appeals. 149.520 Section 149.520 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Appeals § 149.520 Review of appeals. (a) In conducting...

45 CFR 149.510 - Content of request for appeal.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 45 Public Welfare 1 2010-10-01 2010-10-01 false Content of request for appeal. 149.510 Section 149.510 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Appeals § 149.510 Content of request for appeal. The...

45 CFR 149.510 - Content of request for appeal.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Content of request for appeal. 149.510 Section 149.510 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Appeals § 149.510 Content of request for appeal. The...

45 CFR 149.510 - Content of request for appeal.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Content of request for appeal. 149.510 Section 149.510 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Appeals § 149.510 Content of request for appeal. The...

45 CFR 153.400 - Reinsurance contribution funds.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false Reinsurance contribution funds. 153.400 Section 153.400 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE...

45 CFR 149.600 - Sponsor's duty to report data inaccuracies.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Sponsor's duty to report data inaccuracies. 149.600 Section 149.600 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Disclosure of Data Inaccuracies § 149.600 Sponsor's duty to report data...

45 CFR 149.330 - Content of claims.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Content of claims. 149.330 Section 149.330 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS REQUIREMENTS FOR THE EARLY RETIREE REINSURANCE PROGRAM Reimbursement Methods § 149.330 Content of claims. Each claim on its face must include the information...

45 CFR 153.410 - Requests for reinsurance payment.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Requests for reinsurance payment. 153.410 Section 153.410 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE...

45 CFR 153.410 - Requests for reinsurance payment.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false Requests for reinsurance payment. 153.410 Section 153.410 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE...

45 CFR 153.405 - Calculation of reinsurance contributions.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Calculation of reinsurance contributions. 153.405 Section 153.405 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE...

45 CFR 153.240 - Disbursement of reinsurance payments.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Disbursement of reinsurance payments. 153.240 Section 153.240 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE...

45 CFR 153.240 - Disbursement of reinsurance payments.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false Disbursement of reinsurance payments. 153.240 Section 153.240 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE...

45 CFR 153.405 - Calculation of reinsurance contributions.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Calculation of reinsurance contributions. 153.405 Section 153.405 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE...

45 CFR 153.240 - Disbursement of reinsurance payments.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Disbursement of reinsurance payments. 153.240 Section 153.240 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE...

45 CFR 153.410 - Requests for reinsurance payment.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Requests for reinsurance payment. 153.410 Section 153.410 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE...

Retention for Stoploss reinsurance to minimize VaR in compound Poisson-Lognormal distribution

NASA Astrophysics Data System (ADS)

Soleh, Achmad Zanbar; Noviyanti, Lienda; Nurrahmawati, Irma

2015-12-01

Automobile insurance is one of the emerging general insurance's product in Indonesia. Fluctuation in total premium revenues and total claim expenses leads to a risk that insurance company can not be able to pay consumer's claims, thus reinsurance is needeed. Reinsurance is a risk transfer mechanism from the insurance company to another company called reinsurer, one of the reinsurance type is Stoploss. Because reinsurer charges premium to the insurance company, it is important to determine the retention or the total claims to be retain solely by the insurance company. Thus, retention is determined using Value at Risk (VaR) which minimize the total risk of the insurance company in the presence of Stoploss reinsurance. Retention depends only on the distribution of total claims and reinsurance loading factor. We use the compound Poisson distribution and the Log-Normal Distribution to illustrate the retention value in a collective risk model.

45 CFR 153.220 - Collection of reinsurance contribution funds.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false Collection of reinsurance contribution funds. 153.220 Section 153.220 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.220 - Collection of reinsurance contribution funds.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Collection of reinsurance contribution funds. 153.220 Section 153.220 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.220 - Collection of reinsurance contribution funds.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Collection of reinsurance contribution funds. 153.220 Section 153.220 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

42 CFR 423.886 - Retiree drug subsidy amounts.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 42 Public Health 3 2014-10-01 2014-10-01 false Retiree drug subsidy amounts. 423.886 Section 423... (CONTINUED) MEDICARE PROGRAM (CONTINUED) VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Payments to Sponsors of Retiree Prescription Drug Plans § 423.886 Retiree drug subsidy amounts. (a) Amount of subsidy payment. (1...

42 CFR 423.886 - Retiree drug subsidy amounts.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 42 Public Health 3 2012-10-01 2012-10-01 false Retiree drug subsidy amounts. 423.886 Section 423... (CONTINUED) MEDICARE PROGRAM (CONTINUED) VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Payments to Sponsors of Retiree Prescription Drug Plans § 423.886 Retiree drug subsidy amounts. (a) Amount of subsidy payment. (1...

42 CFR 423.886 - Retiree drug subsidy amounts.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 42 Public Health 3 2013-10-01 2013-10-01 false Retiree drug subsidy amounts. 423.886 Section 423... (CONTINUED) MEDICARE PROGRAM (CONTINUED) VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Payments to Sponsors of Retiree Prescription Drug Plans § 423.886 Retiree drug subsidy amounts. (a) Amount of subsidy payment. (1...

42 CFR 423.886 - Retiree drug subsidy amounts.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 42 Public Health 3 2011-10-01 2011-10-01 false Retiree drug subsidy amounts. 423.886 Section 423... (CONTINUED) MEDICARE PROGRAM VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Payments to Sponsors of Retiree Prescription Drug Plans § 423.886 Retiree drug subsidy amounts. (a) Amount of subsidy payment. (1) For each...

Mathematical modelling of risk reduction in reinsurance

NASA Astrophysics Data System (ADS)

Balashov, R. B.; Kryanev, A. V.; Sliva, D. E.

2017-01-01

The paper presents a mathematical model of efficient portfolio formation in the reinsurance markets. The presented approach provides the optimal ratio between the expected value of return and the risk of yield values below a certain level. The uncertainty in the return values is conditioned by use of expert evaluations and preliminary calculations, which result in expected return values and the corresponding risk levels. The proposed method allows for implementation of computationally simple schemes and algorithms for numerical calculation of the numerical structure of the efficient portfolios of reinsurance contracts of a given insurance company.

How the Reinsurance Industry views the current and future risk landscape

NASA Astrophysics Data System (ADS)

Castaldi, A.

2012-12-01

The last decade has witnessed some of the most devastating and expensive natural disasters within the last century. Regardless of where the event occurred and what the hazard might have been, the global insurance and reinsurance industry were active participants in evaluating the events' characteristics as well as providing the financial means for rebuilding the communities affected by these events. The concept of risk transfer from one to many (spreading the risk) is at the very core of the insurers and reinsurers' business. Reinsurers' focus most of their attention on the extreme events including those caused by natural disasters. As such the reinsurance industry must be expert in understanding and quantifying the potential economic and social impact of extreme natural hazard events throughout the world whether they be in the present or possible future. To understand the global risk the reinsurance industry has invested a substantial amount of time and resources into analyzing natural hazard events on a global scale. This requires a firm understanding of the hazard (frequency and severity) and what exposure lies in harm's way (vulnerability). Through the development and use of natural hazard models, claims loss reviews, and research and development the reinsurance industry has an excellent view of the global risks. In this session we will describe how the reinsurance industry models the natural hazard risk and how we view natural hazards in the modern world and our concerns for the future. We will discuss some of the reasons why these events have become increasingly more expensive as well as discussing how we can help reduce our economic susceptibility to these extreme and unpleasant events.

45 CFR 153.210 - State establishment of a reinsurance program.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false State establishment of a reinsurance program. 153.210 Section 153.210 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.210 - State establishment of a reinsurance program.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false State establishment of a reinsurance program. 153.210 Section 153.210 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.235 - Allocation and distribution of reinsurance contributions

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Allocation and distribution of reinsurance contributions 153.235 Section 153.235 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER...

45 CFR 153.210 - State establishment of a reinsurance program.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false State establishment of a reinsurance program. 153.210 Section 153.210 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.235 - Allocation and distribution of reinsurance contributions

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Allocation and distribution of reinsurance contributions 153.235 Section 153.235 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER...

Quality Control Study of the GSL Reinsurance System. Final Report.

ERIC Educational Resources Information Center

Advanced Technology, Inc., Reston, VA.

A quality control plan for the U.S. Department of Education's Guaranteed Student Loan (GSL) reinsurance process was developed. To identify existing errors, systems documentation and past analyses of the reinsurance system were analyzed, and interviews were conducted. Corrective actions were proposed, and a quality control checklist was developed…

45 CFR 153.270 - HHS audits of State-operated reinsurance programs.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false HHS audits of State-operated reinsurance programs. 153.270 Section 153.270 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

The Golden Years: Higher Education Retirees are Faring Reasonably Well.

ERIC Educational Resources Information Center

Green, Martin

1990-01-01

A national survey of over 19,000 higher education retirees and 125 colleges and universities investigated the availability of retirement counseling and services, relationship between retiree and institution, timing and reasons for retiring, institutional financial health, sources of retirement income, and retiree insights into important retirement…

Retiree Health and Optional Benefits | Alaska Division of Retirement and

Science.gov Websites

Categories Health Long-Term Care Life Forms Publications FAQs Features Empower Retirement Account Info Online Retirement Benefits Employer Services AlaskaCare Easy Navigation Retiree Health AlaskaCare Retiree Health Retiree Tax Implications FAQs Administration > Division of Retirement and Benefits > Health and

Reinsurance of health insurance for the informal sector.

PubMed Central

Dror, D. M.

2001-01-01

Deficient financing of health services in low-income countries and the absence of universal insurance coverage leaves most of the informal sector in medical indigence, because people cannot assume the financial consequences of illness. The role of communities in solving this problem has been recognized, and many initiatives are under way. However, community financing is rarely structured as health insurance. Communities that pool risks (or offer insurance) have been described as micro-insurance units. The sources of their financial instability and the options for stabilization are explained. Field data from Uganda and the Philippines, as well as simulated situations, are used to examine the arguments. The article focuses on risk transfer from micro-insurance units to reinsurance. The main insight of the study is that when the financial results of micro-insurance units can be estimated, they can enter reinsurance treaties and be stabilized from the first year. The second insight is that the reinsurance pool may require several years of operation before reaching cost neutrality. PMID:11477971

Retirees' Social Identity and Satisfaction with Retirement

ERIC Educational Resources Information Center

Michinov, Estelle; Fouquereau, Evelyne; Fernandez, Anne

2008-01-01

The purpose of this study was to examine the structure of retirees' social identity and its impact on satisfaction with retirement. From social identity theory formulations, we assumed that (1) retiree-identity was comprised of three distinct components (cognitive, evaluative, and affective), and (2) only the affective component would play a role…

Changes in retiree health benefits: results of a national survey.

PubMed

de Lissovoy, G; Kasper, J D; Di Carlo, S; Gabel, J

1990-01-01

Employers are increasingly concerned by the cost of health benefits provided to retired workers. One reason is that the Financial Accounting Standards Board (FASB), the organization that establishes "generally accepted accounting principles," has proposed altering the way firms report expenditures for retiree medical coverage on financial statements. We recently completed a national survey of business firms offering retiree health benefits to address three issues: 1) What is the current structure of retiree health benefit plans? 2) What changes are firms planning to implement in the structure of their retiree health benefits? 3) To what extent are these changes due to the FASB proposal? The FASB reporting proposal is only one factor underlying these changes. More important is the real financial pressure on firms due to the accelerating cost of retiree health care.

A Golden Opportunity to Review Higher Education Retiree Health Benefits

ERIC Educational Resources Information Center

Powers, Ed; Straker, Garry

2004-01-01

Many higher education institutions today are struggling with the costs of their retiree health plans. The answer to controlling these costs may come in the form of a defined contribution retiree health plan for both current and future retirees. This article examines how such a plan can maximize availability of Medicare Part D prescription…

The health plan choices of retirees under managed competition.

PubMed Central

Buchmueller, T C

2000-01-01

OBJECTIVE: To investigate the effect of price on the health insurance decisions of Medicare-eligible retirees in a managed competition setting. DATA SOURCE: The study is based on four years of administrative data from the University of California (UC) Retiree Health Benefits Program, which closely resembles the managed competition model upon which several leading Medicare reform proposals are based. STUDY DESIGN: A change in UC's premium contribution policy between 1993 and 1994 created a unique natural experiment for investigating the effect of price on retirees' health insurance decisions. This study consists of two related analyses. First, I estimate the effect of changes in out-of-pocket premiums between 1993 and 1994 on the decision to switch plans during open enrollment. Second, using data from 1993 to 1996, I examine the extent to which rising premiums for fee-for-service Medigap coverage increased HMO enrollment among Medicare-eligible UC retirees. PRINCIPLE FINDINGS: Price is a significant factor affecting the health plan decisions of Medicare-eligible UC retirees. However, these retirees are substantially less price sensitive than active UC employees and the non-elderly in other similar programs. This result is likely attributable to higher nonpecuniary switching costs facing older individuals. CONCLUSIONS: Although it is not clear exactly how price sensitive enrollees must be in order to generate price competition among health plans, the behavioral differences between retirees and active employees suggest that caution should be taken in extrapolating from research on the non-elderly to the Medicare program. PMID:11130806

42 CFR 422.2276 - Employer group retiree marketing.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 42 Public Health 3 2011-10-01 2011-10-01 false Employer group retiree marketing. 422.2276 Section... SERVICES (CONTINUED) MEDICARE PROGRAM MEDICARE ADVANTAGE PROGRAM Medicare Advantage Marketing Requirements § 422.2276 Employer group retiree marketing. MA organizations may develop marketing materials designed...

42 CFR 422.2276 - Employer group retiree marketing.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 42 Public Health 3 2014-10-01 2014-10-01 false Employer group retiree marketing. 422.2276 Section... SERVICES (CONTINUED) MEDICARE PROGRAM (CONTINUED) MEDICARE ADVANTAGE PROGRAM Medicare Advantage Marketing Requirements § 422.2276 Employer group retiree marketing. MA organizations may develop marketing materials...

42 CFR 422.2276 - Employer group retiree marketing.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 42 Public Health 3 2013-10-01 2013-10-01 false Employer group retiree marketing. 422.2276 Section... SERVICES (CONTINUED) MEDICARE PROGRAM (CONTINUED) MEDICARE ADVANTAGE PROGRAM Medicare Advantage Marketing Requirements § 422.2276 Employer group retiree marketing. MA organizations may develop marketing materials...

42 CFR 422.2276 - Employer group retiree marketing.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 42 Public Health 3 2012-10-01 2012-10-01 false Employer group retiree marketing. 422.2276 Section... SERVICES (CONTINUED) MEDICARE PROGRAM (CONTINUED) MEDICARE ADVANTAGE PROGRAM Medicare Advantage Marketing Requirements § 422.2276 Employer group retiree marketing. MA organizations may develop marketing materials...

45 CFR 153.260 - General oversight requirements for State-operated reinsurance programs.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false General oversight requirements for State-operated reinsurance programs. 153.260 Section 153.260 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK...

42 CFR 423.2276 - Employer group retiree marketing.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 42 Public Health 3 2011-10-01 2011-10-01 false Employer group retiree marketing. 423.2276 Section... SERVICES (CONTINUED) MEDICARE PROGRAM VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Part D Marketing Requirements § 423.2276 Employer group retiree marketing. Part D sponsors may develop marketing materials...

42 CFR 423.886 - Retiree drug subsidy amounts.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 42 Public Health 3 2010-10-01 2010-10-01 false Retiree drug subsidy amounts. 423.886 Section 423.886 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES (CONTINUED) MEDICARE PROGRAM VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Payments to Sponsors of Retiree...

42 CFR 423.2276 - Employer group retiree marketing.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 42 Public Health 3 2014-10-01 2014-10-01 false Employer group retiree marketing. 423.2276 Section 423.2276 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN... Marketing Requirements § 423.2276 Employer group retiree marketing. Part D sponsors may develop marketing...

42 CFR 423.2276 - Employer group retiree marketing.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 42 Public Health 3 2013-10-01 2013-10-01 false Employer group retiree marketing. 423.2276 Section 423.2276 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN... Marketing Requirements § 423.2276 Employer group retiree marketing. Part D sponsors may develop marketing...

42 CFR 423.2276 - Employer group retiree marketing.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 42 Public Health 3 2012-10-01 2012-10-01 false Employer group retiree marketing. 423.2276 Section... Marketing Requirements § 423.2276 Employer group retiree marketing. Part D sponsors may develop marketing materials designed for members of an employer group who are eligible for employer-sponsored benefits through...

45 CFR 153.400 - Reinsurance contribution funds.

Code of Federal Regulations, 2013 CFR

2013-10-01

... health savings account within the meaning of section 223(d) of the Code; (vii) A health flexible spending... or an indemnity reinsurance policy; (x) TRICARE and other military health benefits for active and...

42 CFR 423.2276 - Employer group retiree marketing.

Code of Federal Regulations, 2010 CFR

2010-10-01

... 42 Public Health 3 2010-10-01 2010-10-01 false Employer group retiree marketing. 423.2276 Section 423.2276 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES (CONTINUED) MEDICARE PROGRAM VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Part D Marketing Requirements § 423.2276 Employer group retiree...

Employee, Retiree Resources

Science.gov Websites

Hire Payroll, Taxes Retirees Travel Verification of Employment Life at the Lab Career Stories Dual Careers Inclusion & Diversity Work-Life Balance Career Resources Apply for a Job Postdocs Students Employees (need password) Dual Career Services Educational Assistance, Scholarships Housing Life at the Lab

45 CFR 153.265 - Restrictions on use of reinsurance funds for administrative expenses.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Restrictions on use of reinsurance funds for administrative expenses. 153.265 Section 153.265 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK...

Factors affecting Japanese retirees' healthcare service utilisation in Malaysia: a qualitative study

PubMed Central

Kohno, Ayako; Nik Farid, Nik Daliana; Musa, Ghazali; Abdul Aziz, Norlaili; Nakayama, Takeo; Dahlui, Maznah

2016-01-01

Objective While living overseas in another culture, retirees need to adapt to a new environment but often this causes difficulties, particularly among those elderly who require healthcare services. This study examines factors affecting healthcare service utilisation among Japanese retirees in Malaysia. Design We conducted 6 focus group discussions with Japanese retirees and interviewed 8 relevant medical services providers in-depth. Guided by the Andersen Healthcare Utilisation Model, we managed and analysed the data, using QSR NVivo 10 software and the directed content analysis method. Setting We interviewed participants at Japan Clubs and their offices. Participants 30 Japanese retirees who live in Kuala Lumpur and Ipoh, and 8 medical services providers. Results We identified health beliefs, medical symptoms and health insurance as the 3 most important themes, respectively, representing the 3 dimensions within the Andersen Healthcare Utilisation Model. Additionally, language barriers, voluntary health repatriation to Japan and psychological support were unique themes that influence healthcare service utilisation among Japanese retirees. Conclusions The healthcare service utilisation among Japanese retirees in Malaysia could be partially explained by the Andersen Healthcare Utilisation Model, together with some factors that were unique findings to this study. Healthcare service utilisation among Japanese retirees in Malaysia could be improved by alleviating negative health beliefs through awareness programmes for Japanese retirees about the healthcare systems and cultural aspects of medical care in Malaysia. PMID:27006344

Age Discrimination in Employment Act; retiree health benefits. Final rule.

PubMed

2007-12-26

The Equal Employment Opportunity Commission is publishing this final rule so that employers may create, adopt, and maintain a wide range of retiree health plan designs, such as Medicare bridge plans and Medicare wrap-around plans, without violating the Age Discrimination in Employment Act of 1967 (ADEA). To address concerns that the ADEA may be construed to create an incentive for employers to eliminate or reduce retiree health benefits, EEOC is creating a narrow exemption from the prohibitions of the ADEA for the practice of coordinating employer-sponsored retiree health benefits with eligibility for Medicare or a comparable State health benefits program. The rule does not otherwise affect an employer's ability to offer health or other employment benefits to retirees, consistent with the law.

Retiree Health Insurance for Public School Employees: Does it Affect Retirement?

PubMed Central

Fitzpatrick, Maria D.

2014-01-01

Despite the widespread provision of retiree health insurance for public sector workers, little attention has been paid to its effects on employee retirement. This is in contrast to the large literature on health-insurance-induced “job-lock” in the private sector. I use the introduction of retiree health insurance for public school employees in combination with administrative data on their retirement to identify the effects of retiree health insurance. As expected, the availability of retiree health insurance for older workers allows employees to retire earlier. These behavioral changes have budgetary implications, likely making the programs self-financing rather than costly to taxpayers. PMID:25479889

32 CFR 199.22 - TRICARE Retiree Dental Program (TRDP).

Code of Federal Regulations, 2013 CFR

2013-07-01

... 32 National Defense 2 2013-07-01 2013-07-01 false TRICARE Retiree Dental Program (TRDP). 199.22... TRICARE Retiree Dental Program (TRDP). (a) Purpose. The TRDP is a premium based indemnity dental insurance... and capabilities of the Uniformed Services overseas dental treatment facilities and a particular...

32 CFR 199.22 - TRICARE Retiree Dental Program (TRDP).

Code of Federal Regulations, 2012 CFR

2012-07-01

... 32 National Defense 2 2012-07-01 2012-07-01 false TRICARE Retiree Dental Program (TRDP). 199.22... TRICARE Retiree Dental Program (TRDP). (a) Purpose. The TRDP is a premium based indemnity dental insurance... and capabilities of the Uniformed Services overseas dental treatment facilities and a particular...

32 CFR 199.22 - TRICARE Retiree Dental Program (TRDP).

Code of Federal Regulations, 2014 CFR

2014-07-01

... 32 National Defense 2 2014-07-01 2014-07-01 false TRICARE Retiree Dental Program (TRDP). 199.22... TRICARE Retiree Dental Program (TRDP). (a) Purpose. The TRDP is a premium based indemnity dental insurance... and capabilities of the Uniformed Services overseas dental treatment facilities and a particular...

32 CFR 199.22 - TRICARE Retiree Dental Program (TRDP).

Code of Federal Regulations, 2011 CFR

2011-07-01

... 32 National Defense 2 2011-07-01 2011-07-01 false TRICARE Retiree Dental Program (TRDP). 199.22... TRICARE Retiree Dental Program (TRDP). (a) Purpose. The TRDP is a premium based indemnity dental insurance... and capabilities of the Uniformed Services overseas dental treatment facilities and a particular...

32 CFR 199.22 - TRICARE Retiree Dental Program (TRDP).

Code of Federal Regulations, 2010 CFR

2010-07-01

... 32 National Defense 2 2010-07-01 2010-07-01 false TRICARE Retiree Dental Program (TRDP). 199.22... TRICARE Retiree Dental Program (TRDP). (a) Purpose. The TRDP is a premium based indemnity dental insurance... and capabilities of the Uniformed Services overseas dental treatment facilities and a particular...

Part D employer retiree drug subsidy: inception, implementation and issues.

PubMed

Costello, Ann

2010-01-01

The Medicare Prescription Drug, Improvement, and Modernization Act of 2003 provided a subsidy to employers that offered a retiree health prescription coverage benefit actuarially equivalent to Medicare Part D. This article reviews the development of the subsidy, the support by the federal government and the issues that have arisen. It also presents analysis of data from a set of companies that offered retiree health in 2006 and 2007. The data show widespread acceptance of the subsidy and continuance of prescription coverage; however, companies that did not take the subsidy were more likely to be smaller and in less robust financial health. Analysis of a subset of the companies shows the magnitude of the benefits paid yearly and the accounting liability caused by retiree health relative to the size of the subsidy. The author concludes that the potential success or failure of the federal subsidy in preserving retiree health benefits will not be known for years. Nevertheless, with the elimination of the deductibility of the subsidy in the Patient Protection and Affordable Care Act (PPACA), employers surely will reexamine their offer of prescription coverage to retirees.

Stochastic differential game formulation on the reinsurance and investment problem

NASA Astrophysics Data System (ADS)

Li, Danping; Rong, Ximin; Zhao, Hui

2015-09-01

This paper focuses on a stochastic differential game between two insurance companies, a big one and a small one. The big company has sufficient asset to invest in a risk-free asset and a risky asset and is allowed to purchase proportional reinsurance or acquire new business, and the small company can transfer part of the risk to a reinsurer via proportional reinsurance. The game studied here is zero-sum, where the big company is trying to maximise the expected exponential utility of the difference between two insurance companies' surpluses at the terminal time to keep its advantage on surplus, while simultaneously the small company is trying to minimise the same quantity to reduce its disadvantage. Particularly, the relationships between the surplus processes and the price process of the risky asset are considered. By applying stochastic control theory, we provide and prove the verification theorem and obtain the Nash equilibrium strategy of the game, explicitly. Furthermore, numerical simulations are presented to illustrate the effects of parameters on the equilibrium strategy as well as the economic meanings behind.

Factors affecting Japanese retirees' healthcare service utilisation in Malaysia: a qualitative study.

PubMed

Kohno, Ayako; Nik Farid, Nik Daliana; Musa, Ghazali; Abdul Aziz, Norlaili; Nakayama, Takeo; Dahlui, Maznah

2016-03-22

While living overseas in another culture, retirees need to adapt to a new environment but often this causes difficulties, particularly among those elderly who require healthcare services. This study examines factors affecting healthcare service utilisation among Japanese retirees in Malaysia. We conducted 6 focus group discussions with Japanese retirees and interviewed 8 relevant medical services providers in-depth. Guided by the Andersen Healthcare Utilisation Model, we managed and analysed the data, using QSR NVivo 10 software and the directed content analysis method. We interviewed participants at Japan Clubs and their offices. 30 Japanese retirees who live in Kuala Lumpur and Ipoh, and 8 medical services providers. We identified health beliefs, medical symptoms and health insurance as the 3 most important themes, respectively, representing the 3 dimensions within the Andersen Healthcare Utilisation Model. Additionally, language barriers, voluntary health repatriation to Japan and psychological support were unique themes that influence healthcare service utilisation among Japanese retirees. The healthcare service utilisation among Japanese retirees in Malaysia could be partially explained by the Andersen Healthcare Utilisation Model, together with some factors that were unique findings to this study. Healthcare service utilisation among Japanese retirees in Malaysia could be improved by alleviating negative health beliefs through awareness programmes for Japanese retirees about the healthcare systems and cultural aspects of medical care in Malaysia. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://www.bmj.com/company/products-services/rights-and-licensing/

38 CFR 9.12 - Reinsurance formula.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false Reinsurance formula. 9.12... in the United States where: The first $100 million in force is counted in full, The second $100 million in force is counted at 75 percent, The third $100 million in force is counted at 50 percent, The...

38 CFR 9.12 - Reinsurance formula.

Code of Federal Regulations, 2013 CFR

2013-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2013-07-01 2013-07-01 false Reinsurance formula. 9.12... in the United States where: The first $100 million in force is counted in full, The second $100 million in force is counted at 75 percent, The third $100 million in force is counted at 50 percent, The...

38 CFR 9.12 - Reinsurance formula.

Code of Federal Regulations, 2011 CFR

2011-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2011-07-01 2011-07-01 false Reinsurance formula. 9.12... in the United States where: The first $100 million in force is counted in full, The second $100 million in force is counted at 75 percent, The third $100 million in force is counted at 50 percent, The...

38 CFR 9.12 - Reinsurance formula.

Code of Federal Regulations, 2012 CFR

2012-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2012-07-01 2012-07-01 false Reinsurance formula. 9.12... in the United States where: The first $100 million in force is counted in full, The second $100 million in force is counted at 75 percent, The third $100 million in force is counted at 50 percent, The...

38 CFR 9.12 - Reinsurance formula.

Code of Federal Regulations, 2014 CFR

2014-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2014-07-01 2014-07-01 false Reinsurance formula. 9.12... in the United States where: The first $100 million in force is counted in full, The second $100 million in force is counted at 75 percent, The third $100 million in force is counted at 50 percent, The...

Issues in healthcare services in Malaysia as experienced by Japanese retirees.

PubMed

Kohno, Ayako; Musa, Ghazali; Nik Farid, Nik Daliana; Abdul Aziz, Norlaili; Nakayama, Takeo; Dahlui, Maznah

2016-05-05

Worldwide, international retirement migration is growing in its popularity and Japanese retirees choose Malaysia as their most preferred destination. This study examines the pertinent issues related to healthcare services as experienced by Japanese retirees in this country. From January to March 2015, we conducted focus group discussions with 30 Japanese retirees who live in Kuala Lumpur and Ipoh. Guided by the social-ecological model, we discovered seven pertinent themes: 'language barriers','healthcare decisions', 'medical check-ups','healthcare insurance', 'nursing and palliative care', 'trust and distrust of healthcare services', and 'word-of-mouth information'. We identified seven pertinent issues related to healthcare services among Japanese retirees in Malaysia, of which four are especially important. These issues are explained as integrated themes within the social-ecological model. Language barriers prohibit them from having difficulty accessing to healthcare in Malaysia, but lack of will to improve their language skills exist among them. For that reason, they rely heavily on word-of-mouth information when seeking for healthcare. As a consequence, some develop feelings of trust and distrust of healthcare services. In addition, we have identified the needs for provide nursing and palliative care among Japanese retirees in Malaysia. Based on the magnitude of the discussion, we concluded that there are four crucial healthcare issues among Japanese retirees; 'language barriers', 'trust and distrust of healthcare services', 'word-of-mouth information' and 'nursing and palliative care'. We propose that further dialogue by healthcare stakeholders should be carried out to improve further the healthcare service provisions for Japanese retirees in Malaysia.

45 CFR 153.230 - Calculation of reinsurance payments made under the national contribution rate.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Calculation of reinsurance payments made under the national contribution rate. 153.230 Section 153.230 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK...

45 CFR 153.230 - Calculation of reinsurance payments made under the national contribution rate.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Calculation of reinsurance payments made under the national contribution rate. 153.230 Section 153.230 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK...

31 CFR 223.12 - Recognition as reinsurer.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false Recognition as reinsurer. 223.12 Section 223.12 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) FISCAL SERVICE, DEPARTMENT OF THE TREASURY FINANCIAL MANAGEMENT SERVICE SURETY COMPANIES DOING BUSINESS WITH THE...

31 CFR 223.12 - Recognition as reinsurer.

Code of Federal Regulations, 2012 CFR

2012-07-01

... 31 Money and Finance:Treasury 2 2012-07-01 2012-07-01 false Recognition as reinsurer. 223.12 Section 223.12 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) FISCAL SERVICE, DEPARTMENT OF THE TREASURY FINANCIAL MANAGEMENT SERVICE SURETY COMPANIES DOING BUSINESS WITH THE...

31 CFR 223.12 - Recognition as reinsurer.

Code of Federal Regulations, 2013 CFR

2013-07-01

... 31 Money and Finance:Treasury 2 2013-07-01 2013-07-01 false Recognition as reinsurer. 223.12 Section 223.12 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) FISCAL SERVICE, DEPARTMENT OF THE TREASURY FINANCIAL MANAGEMENT SERVICE SURETY COMPANIES DOING BUSINESS WITH THE...

31 CFR 223.12 - Recognition as reinsurer.

Code of Federal Regulations, 2011 CFR

2011-07-01

... 31 Money and Finance:Treasury 2 2011-07-01 2011-07-01 false Recognition as reinsurer. 223.12 Section 223.12 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) FISCAL SERVICE, DEPARTMENT OF THE TREASURY FINANCIAL MANAGEMENT SERVICE SURETY COMPANIES DOING BUSINESS WITH THE...

77 FR 4564 - Request for Information Regarding the Reinsurance Program Under the Affordable Care Act

Federal Register 2010, 2011, 2012, 2013, 2014

2012-01-30

... a request for information (RFI) to gain market information on entities that could administer a... RFI solicits information about entities that could function as a reinsurance entity for the... more of the following functions: Collecting reinsurance contributions; Accepting and validating...

The future of employer-sponsored retiree medical plans.

PubMed

Rappaport, A M; Kalman, R W

1987-01-01

Complex issues cloud the economic security of people who are covered by employer-sponsored retiree medical plans. The future stability of these plans is especially confusing. In their paper, the authors carefully analyze the current structure of retiree medical plans, including the effect of certain laws. Their clarifications are objective and concise. Of particular timeliness and practicality--particularly for public policy markers--is the authors' four-point strategy to help stabilize the future.

31 CFR 223.12 - Recognition as reinsurer.

Code of Federal Regulations, 2014 CFR

2014-07-01

... 31 Money and Finance: Treasury 2 2014-07-01 2014-07-01 false Recognition as reinsurer. 223.12 Section 223.12 Money and Finance: Treasury Regulations Relating to Money and Finance (Continued) FISCAL SERVICE, DEPARTMENT OF THE TREASURY BUREAU OF THE FISCAL SERVICE SURETY COMPANIES DOING BUSINESS WITH THE...

34 CFR 682.404 - Federal reinsurance agreement.

Code of Federal Regulations, 2011 CFR

2011-07-01

... reinsurance agreement, the Secretary reimburses the guaranty agency for— (i) 95 percent of its losses on..., 1998; (ii) 98 percent of its losses on default claim payments to lenders for loans for which the first... losses on default claim payments to lenders— (A) For loans for which the first disbursement is made prior...

78 FR 35360 - Surety Companies Acceptable on Federal Bonds: Name Change-Allied World Reinsurance Company (NAIC...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-06-12

... DEPARTMENT OF THE TREASURY Fiscal Service Surety Companies Acceptable on Federal Bonds: Name Change--Allied World Reinsurance Company (NAIC 22730) AGENCY: Bureau of the Fiscal Service, Fiscal... Allied World Reinsurance Company (NAIC 22730) has formally changed its name to Allied World Insurance...

5 CFR 838.923 - Cost-of-living adjustment before the death of a retiree.

Code of Federal Regulations, 2010 CFR

2010-01-01

... before the death of a retiree (in the same manner as these adjustments are applied to the survivor rate... death of a retiree. 838.923 Section 838.923 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT...-living adjustment before the death of a retiree. A court order that awards a former spouse survivor...

5 CFR 838.923 - Cost-of-living adjustment before the death of a retiree.

Code of Federal Regulations, 2014 CFR

2014-01-01

... before the death of a retiree (in the same manner as these adjustments are applied to the survivor rate... death of a retiree. 838.923 Section 838.923 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT...-living adjustment before the death of a retiree. A court order that awards a former spouse survivor...

5 CFR 838.923 - Cost-of-living adjustment before the death of a retiree.

Code of Federal Regulations, 2012 CFR

2012-01-01

... before the death of a retiree (in the same manner as these adjustments are applied to the survivor rate... death of a retiree. 838.923 Section 838.923 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT...-living adjustment before the death of a retiree. A court order that awards a former spouse survivor...

5 CFR 838.923 - Cost-of-living adjustment before the death of a retiree.

Code of Federal Regulations, 2011 CFR

2011-01-01

... before the death of a retiree (in the same manner as these adjustments are applied to the survivor rate... death of a retiree. 838.923 Section 838.923 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT...-living adjustment before the death of a retiree. A court order that awards a former spouse survivor...

5 CFR 838.923 - Cost-of-living adjustment before the death of a retiree.

Code of Federal Regulations, 2013 CFR

2013-01-01

... before the death of a retiree (in the same manner as these adjustments are applied to the survivor rate... death of a retiree. 838.923 Section 838.923 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT...-living adjustment before the death of a retiree. A court order that awards a former spouse survivor...

76 FR 41929 - Patient Protection and Affordable Care Act; Standards Related to Reinsurance, Risk Corridors and...

Federal Register 2010, 2011, 2012, 2013, 2014

2011-07-15

... 153 Patient Protection and Affordable Care Act; Standards Related to Reinsurance, Risk Corridors and Risk Adjustment; Proposed Rule #0;#0;Federal Register / Vol. 76 , No. 136 / Friday, July 15, 2011...] RIN 0938-AR07 Patient Protection and Affordable Care Act; Standards Related to Reinsurance, Risk...

Challenges estimating the return period of extreme floods for reinsurance applications

NASA Astrophysics Data System (ADS)

Raven, Emma; Busby, Kathryn; Liu, Ye

2013-04-01

Mapping and modelling extreme natural events is fundamental within the insurance and reinsurance industry for assessing risk. For example, insurers might use a 1 in 100-year flood hazard map to set the annual premium of a property, whilst a reinsurer might assess the national scale loss associated with the 1 in 200-year return period for capital and regulatory requirements. Using examples from a range of international flood projects, we focus on exploring how to define what the n-year flood looks like for predictive uses in re/insurance applications, whilst considering challenges posed by short historical flow records and the spatial and temporal complexities of flood. First, we shall explore the use of extreme value theory (EVT) statistics for extrapolating data beyond the range of observations in a marginal analysis. In particular, we discuss how to estimate the return period of historical flood events and explore the impact that a range of statistical decisions have on these estimates. Decisions include: (1) selecting which distribution type to apply (e.g. generalised Pareto distribution (GPD) vs. generalised extreme value distribution (GEV)); (2) if former, the choice of the threshold above which the GPD is fitted to the data; and (3) the necessity to perform a cluster analysis to group flow peaks to temporally represent individual flood events. Second, we summarise a specialised multivariate extreme value model, which combines the marginal analysis above with dependence modelling to generate industry standard event sets containing thousands of simulated, equi-probable floods across a region/country. These events represent the typical range of anticipated flooding across a region and can be used to estimate the largest or most widespread events that are expected to occur. Finally, we summarise how a reinsurance catastrophe model combines the event set with detailed flood hazard maps to estimate the financial cost of floods; both the full event set and also

Social Connectedness of Deaf Retirees

ERIC Educational Resources Information Center

Shaw, Sherry; Roberson, Len

2013-01-01

The intergenerational connectedness that has traditionally bound members of the Deaf community to each other is changing amidst the current technological and cultural landscape. This study explores perceptions of Deaf retirees concerning their usefulness to younger generations and their need to stay connected to each other despite increasing…

Using a 401(h) account to fund retiree health benefits from your pension plan.

PubMed

Lee, David; Singerman, Eduardo

2003-06-01

If a health and welfare plan covering retirees faces financial shortfalls, administrators and trustees can fund retiree health benefit payments from a related pension plan that may be in better condition. This method is legal and ethical, but it requires sophisticated accounting techniques for creating an account that provides retiree members with promised benefits while meeting statutory and regulatory requirements.

7 CFR 400.165 - Eligibility for Standard Reinsurance Agreements.

Code of Federal Regulations, 2010 CFR

2010-01-01

... Standard Reinsurance Agreements. A Company will be eligible to participate in an Agreement if the Corporation determines the Company meets the standards and reporting requirements of this subpart. ....165 Section 400.165 Agriculture Regulations of the Department of Agriculture (Continued) FEDERAL CROP...

Gender differences in how retirees perceive factors influencing unretirement.

PubMed

Armstrong-Stassen, Marjorie; Staats, Sara

2012-01-01

Returning to paid employment after retirement is occurring in many developed countries and can be expected to increase in the future. This study compared how women (n = 202) and men (n = 347) who had retired from a managerial or professional career occupation perceived factors associated with unretirement. Retired professional women perceived reasons to unretire, age-friendly human resource practices, and re-entry barriers to have greater influence on retirees' decision to unretire than retired managerial women and retired men. Both groups of retired women perceived training and development opportunities to have more influence than retired men. A major contribution of this study is the identification of pre-retirement career occupation as having an important effect on how female, but not male, retirees perceived the various factors. The findings suggest that researchers and employers need to consider the diversity that exists among retirees, not only gender differences but also differences among retired career women.

Retirees' motivational orientations and bridge employment: Testing the moderating role of gender.

PubMed

Zhan, Yujie; Wang, Mo; Shi, Junqi

2015-09-01

Bridge employment refers to the labor force participation after people retire from career jobs. It is becoming a prevalent phenomenon for retirees transitioning from employment to complete work withdrawal. Building on existing literature on retirement transition and older adults' work motivation, the present study examined the effects of 3 motivational orientations (i.e., status striving, communion striving, and generativity striving) in relating to retirees' bridge employment participation (i.e., bridge employment status and bridge employment work hours). This study also applied the social gender role theory to examine the effect of gender in moderating the effects of motivational orientations. Data from 507 Chinese retirees in Beijing revealed that communion striving and generativity striving were positively related to bridge employment participation. Further, gender moderated the effect of status striving such that status striving was positively related to bridge employment participation for male retirees but not for female retirees. In addition, exploratory analysis was conducted to examine the effects of the same set of motivational orientations on postretirement volunteering activities. Results showed that status striving was negatively related to volunteering after retirement. The findings are discussed in terms of their theoretical implications for the bridge employment literature and practical implications for recruiting and retaining older workers. (c) 2015 APA, all rights reserved).

How Does Retiree Health Insurance Influence Public Sector Employee Saving?

PubMed Central

Clark, Robert L.

2017-01-01

Economic theory predicts that employer-provided retiree health insurance (RHI) benefits have a crowd-out effect on household wealth accumulation, not dissimilar to the effects reported elsewhere for employer pensions, Social Security, and Medicare. Nevertheless, we are unaware of any similar research on the impacts of retiree health insurance per se. Accordingly, the present paper utilizes a unique data file on respondents to the Health and Retirement Study, to explore how employer-provided retiree health insurance may influence net household wealth among public sector employees, where retiree healthcare benefits are still quite prevalent. Key findings include the following: -Most full-time public sector employees anticipate having employer-provided health insurance coverage in retirement, unlike most private sector workers;-Public sector employees covered by RHI had substantially less wealth than similar private sector employees without RHI. In our data, Federal workers had about $82,000 (18%) less net wealth than private sector employees lacking RHI; state/local workers with RHI accumulated about $69,000 (or 15%) less net wealth than their uninsured private sector counterparts.-After controlling on socioeconomic status and differences in pension coverage, net household wealth for Federal employees was $116,000 less than workers without RHI and the result is statistically significant; the state/local difference was not. PMID:25479891

Volunteering, driving status, and mortality in U.S. retirees.

PubMed

Lee, Sei J; Steinman, Michael A; Tan, Erwin J

2011-02-01

To evaluate how accounting for driving status altered the relationship between volunteering and mortality in U.S. retirees. Observational prospective cohort. Nationally representative sample from the Health and Retirement Study in 2000 and 2002 followed to 2006. Retirees aged 65 and older (N=6,408). Participants self-reported their volunteering, driving status, age, sex, race or ethnicity, presence of chronic conditions, geriatric syndromes, socioeconomic factors, functional limitations, and psychosocial factors. Death by December 31, 2006, was the outcome. For drivers, mortality in volunteers (9%) and nonvolunteers (12%) was similar; for limited or non-drivers, mortality for volunteers (15%) was markedly lower than for nonvolunteers (32%). Adjusted results showed that, for drivers, the volunteering-mortality odds ratio (OR) was 0.90 (95% confidence interval (CI)=0.66-1.22), whereas for limited or nondrivers, the OR was 0.62 (95% CI=0.49-0.78) (interaction P=.05). The effect of driving status was greater for rural participants, with greater differences between rural drivers and rural limited or nondrivers (interaction P=.02) and between urban drivers and urban limited or nondrivers (interaction P=.81). The influence of volunteering in decreasing mortality seems to be stronger in rural retirees who are limited or nondrivers. This may be because rural or nondriving retirees are more likely to be socially isolated and thus receive more benefit from the greater social integration from volunteering. © 2011, Copyright the Authors. Journal compilation © 2011, The American Geriatrics Society.

75 FR 6360 - Federal Advisory Committee; DoD Medicare-Eligible Retiree Health Care Board of Actuaries

Federal Register 2010, 2011, 2012, 2013, 2014

2010-02-09

... Retiree Health Care Board of Actuaries AGENCY: Department of Defense (DoD). ACTION: Meeting notice..., the Department of Defense announces that the DoD Medicare-Eligible Retiree Health Care Board of... actuarial methods and assumptions to be used in the valuation of benefits under DoD retiree health care...

Issues of Language Choice, Ethics and Equity: Japanese Retirees Living in Malaysia as Their Second Home

ERIC Educational Resources Information Center

Stapa, Siti Hamin; Musaev, Talaibek; Hieda, Natsue; Amzah, Normalis

2013-01-01

This paper will discuss two issues related to Japanese retirees adopting Malaysia as their second home. The first is that of the preferred language choice of the retirees. To collect data for language choice a self-report questionnaire was administered and an interview was conducted. The findings suggest that the majority of the retirees chose…

Retiree Health Care: A Ticking Bomb.

ERIC Educational Resources Information Center

Daniels, Craig E.; Daniels, Janet D.

1992-01-01

With health insurance costs soaring for both current employees and retirees, governing boards of institutions of higher education must contain costs. Possible strategies include shifting some expenses from employer to employee, establishing flexible-benefit or cafeteria plans, using managed care to reduce unnecessary medical procedures,…

How does retiree health insurance influence public sector employee saving?

PubMed

Clark, Robert L; Mitchell, Olivia S

2014-12-01

Economic theory predicts that employer-provided retiree health insurance (RHI) benefits have a crowd-out effect on household wealth accumulation, not dissimilar to the effects reported elsewhere for employer pensions, Social Security, and Medicare. Nevertheless, we are unaware of any similar research on the impacts of retiree health insurance per se. Accordingly, the present paper utilizes a unique data file on respondents to the Health and Retirement Study, to explore how employer-provided retiree health insurance may influence net household wealth among public sector employees, where retiree healthcare benefits are still quite prevalent. Key findings include the following: Most full-time public sector employees anticipate having employer-provided health insurance coverage in retirement, unlike most private sector workers.Public sector employees covered by RHI had substantially less wealth than similar private sector employees without RHI. In our data, Federal workers had about $82,000 (18%) less net wealth than private sector employees lacking RHI; state/local workers with RHI accumulated about $69,000 (or 15%) less net wealth than their uninsured private sector counterparts.After controlling on socioeconomic status and differences in pension coverage, net household wealth for Federal employees was $116,000 less than workers without RHI and the result is statistically significant; the state/local difference was not. Copyright © 2014 Elsevier B.V. All rights reserved.

Volunteering, Driving Status and Mortality in US Retirees

PubMed Central

Lee, Sei J.; Steinman, Michael A.; Tan, Erwin J.

2011-01-01

OBJECTIVES: Volunteering is associated with lower mortality in the elderly. Driving is associated with health and well-being and driving cessation has been associated with decreased out-of-home activity levels including volunteering. We evaluated how accounting for driving status altered the relationship between volunteering and mortality in US retirees. DESIGN: Observational prospective cohort SETTING and PARTICIPANTS: Nationally representative sample of retirees over age 65 from the Health and Retirement Study in 2000 and 2002, followed to 2006 (n=6408). MEASUREMENTS: Participants self-reported their volunteering, driving status, age, gender and race/ethnicity, presence of chronic conditions, geriatrics syndromes, socioeconomic factors, functional limitations and psychosocial factors. Death by December 31, 2006 was the outcome. RESULTS: For drivers, the mortality rates between volunteers (9%) and non-volunteers (12%) were similar; for limited or non-drivers, the mortality rate for volunteers (15%) was markedly lower compared to non-volunteers (32%). Our adjusted results showed that for drivers, the volunteering-mortality Odds Ratio (OR) was 0.90 (95%CI: 0.66–1.22), whereas for limited or non-drivers, the OR was 0.62 (95%CI: 0.49–0.78), (interaction p=0.05). The impact of driving status was greater for rural participants, with greater differences between rural drivers versus rural limited or non-drivers (interaction p=0.02) compared to urban drivers versus urban limited or non-drivers (interaction p=0.81). CONCLUSION: The influence of volunteering in decreasing mortality seems to be stronger among rural retirees who are limited or non-drivers. This may be because rural or non-driving retirees are more likely to be socially isolated and thus receive more benefit from the increased social integration from volunteering. PMID:21314648

Associations Between Arthritis and Change in Physical Function in U.S. Retirees.

PubMed

Baker, Nancy A; Barbour, Kamil E; Helmick, Charles G; Zack, Matthew M; Al Snih, Soham

2017-01-01

The aims of this study were to determine among retirees: the associations of arthritis with limitations in physical functions, and whether these associations changed differently with age for those with arthritis versus without arthritis. We identified retirees from the Health and Retirement Study, a nationally representative longitudinal panel study of U.S. adults ≥51 years old. We calculated incidence density ratios (IDRs) using Poisson regression modeling with generalized estimating equations to estimate the associations between arthritis and limitations in four physical function measures (large muscle tasks, mobility, activities of daily living, and instrumental activities of daily living) adjusting for age, sex, race/ethnicity, marital status, education, total household income, depression, obesity, smoking, chronic conditions, physical activity, and cohort status. We examined interaction effects between arthritis and age to determine if the rate of change in physical function differed by arthritis status across age. Over 8 years (2004-2012), significantly more retirees with arthritis had limitations with large muscle tasks (IDR 2.1: 95% confidence interval 1.6, 2.8), mobility (IDR 1.6: 1.2, 2.2), activities of daily living (IDR 2.2: 1.0, 4.7), and instrumental activities of daily living (IDR 3.7: 1.9, 7.4) than retirees without arthritis. Retirees with arthritis did not develop limitations in mobility, activities of daily living, and instrumental activities of daily living at a different rate as they aged compared to those without arthritis. Arthritis was associated with a greater prevalence of physical function limitations. Preventing limitations caused by arthritis is a key strategy to prevent disability in retirees. Published by Oxford University Press on behalf of The Gerontological Society of America 2016. This work is written by (a) US Government employee(s) and is in the public domain in the US.

77 FR 12577 - Department of Defense (DoD) Medicare-Eligible Retiree Health Care Board of Actuaries; Federal...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-03-01

... Retiree Health Care Board of Actuaries; Federal Advisory Committee Meeting AGENCY: DoD. ACTION: Meeting... DoD Medicare-Eligible Retiree Health Care Board of Actuaries will take place. DATES: Friday, August 3... Contact: Persons desiring to attend the DoD Medicare- Eligible Retiree Health Care Board of Actuaries...

78 FR 9890 - DoD Medicare-Eligible Retiree Health Care Board of Actuaries; Notice of Federal Advisory...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-02-12

... DEPARTMENT OF DEFENSE Office of the Secretary DoD Medicare-Eligible Retiree Health Care Board of... Retiree Health Care Board of Actuaries will take place. DATES: Friday, August 2, 2013, from 10:00 a.m. to... assumptions to be used in the valuation of benefits under DoD retiree health care programs for Medicare...

Connecting Capital and Catastrophe in a Modeled World - How re/insurance and public science interact to manage risk for societal benefit

NASA Astrophysics Data System (ADS)

Douglas, R.

2010-12-01

Society, at local and global scales, seeks improved ways of managing the impact and sharing the costs of extreme natural events across populations via public and private mechanisms. Concerns over potential climate change and climate variability are amplifying the importance of these questions among public policy, business and regulatory communities. Through its financial obligations to exposed populations, the international insurance and reinsurance sector is directly affected by the frequency, severity and impact of extreme events. In many jurisdictions insurance contracts are regulated to tolerate the maximum probable loss events which are expected at 1 in 200 year return periods. This risk tolerance requirement renders re/insurers to undertake distinctive risk analysis among financial sector institutions. Natural catastrophe risk is a major component of re/insurer risk at the 1:200 year return period and a significant driver of the minimum capital requirements imposed on re/insurers. Historic claims records are insufficient on their own to evaluate potential losses at these return periods and over the last twenty years a significant sub-sector of the re/insurance industry has emerged known as catastrophe risk modelling. This has brought a progress and influential approach in applying science to gain a great handle of the expected losses to portfolios by developing increasingly robust analysis of hazards, exposures, vulnerabilities and impacts. As a result of these innovations the re/insurance sector has become more resilient to natural catastrophes. In recent years there has been an accelerated and deepening interaction between the re/insurance sector and public science across natural hazards risk research. The medium of modelling is providing a common vehicle for science and industry communities to collaborate and new supply chains are emerging from blue sky public science, through to applied research and operation modelling. Increasingly both sides are sharing

A carrier that makes the grade. Conduct a performance review to find a reinsurer that meets your needs.

PubMed

Troutman, Mark

2006-01-01

Remember report card day? As kids, some of us looked forward to-or dreaded-handing our grades over to our parents more than others. In the same way that a report card gives parents an indication of how well their children are performing in school, a similar type of performance review can help HMO reinsurance purchasers evaluate and select a reinsurer.

5 CFR 831.616 - Elections by previously retired retiree with new title to an annuity.

Code of Federal Regulations, 2010 CFR

2010-01-01

... MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) RETIREMENT Survivor Annuities Elections at the Time of Retirement § 831.616 Elections by previously retired retiree with new title to an annuity. (a....622 at the time of the redetermination. (b) A disability retiree who recovers from disability or is...

Crispin: capital requirements and reinsurance protect against insolvency.

PubMed

Crispin, C

2001-12-01

Charles Crispin is president of Evergreen Re, a managed care consulting firm with expertise in the reinsurance industry. Before Joining Evergreen Re, Crispin served as a consultant to the managed care industry. He is a member of the American Association of Integrated Delivery Systems, Glen Allen, Virginia, and the Provider Excess Loss Association, Princeton, New Jersey. Crispin recently talked with HFM about risk-based capital requirements for health plans and the Impact these solvency guidelines could have on healthcare providers.

Risk Adjustment, Reinsurance Improved Financial Outcomes For Individual Market Insurers With The Highest Claims.

PubMed

Jacobs, Paul D; Cohen, Michael L; Keenan, Patricia

2017-04-01

The Affordable Care Act (ACA) reformed the individual health insurance market. Because insurers can no longer vary their offers of coverage based on applicants' health status, the ACA established a risk adjustment program to equalize health-related cost differences across plans. The ACA also established a temporary reinsurance program to subsidize high-cost claims. To assess the impact of these programs, we compared revenues to claims costs for insurers in the individual market during the first two years of ACA implementation (2014 and 2015), before and after the inclusion of risk adjustment and reinsurance payments. Before these payments were included, for the 30 percent of insurers with the highest claims costs, claims (not including administrative expenses) exceeded premium revenues by $90-$397 per enrollee per month. The effect was reversed after these payments were included, with revenues exceeding claims costs by $0-$49 per month. The risk adjustment and reinsurance programs were relatively well targeted in the first two years. While there is ongoing discussion regarding the future of the ACA, our findings can shed light on how risk-sharing programs can address risk selection among insurers-a pervasive issue in all health insurance markets. Project HOPE—The People-to-People Health Foundation, Inc.

The Early Retirees of Canadian Universities.

ERIC Educational Resources Information Center

Jefferson, Anne L.

Because an option for early retirement in Canadian Universities has created a need to know more about the vacancies early retirement creates and the potential to fill these vacancies, a survey of 15 representative universities was conducted. The sample included institutions of faculty numbering less than 100 to institutions of faculty numbering…

The HSA in Your Future: Defined Contribution Retiree Medical Coverage.

PubMed

Towarnicky, Jack M

In 2004, when evaluating health savings account (HSA) business opportunities, I predicted: "Twenty-five years ago, no one had ever heard of 401(k); 25 years from now, everyone will have an HSA." Twelve years later, growth in HSA eligibility, participation, contributions and asset accumulations suggests we just might achieve that prediction. This article shares one plan sponsor's journey to help employees accumulate assets to fund medical costs-while employed and after retirement, It documents a 30-plus-year retiree health insurance transition from a defined benefit to a defined dollar structure and culminating in a full-replacement defined contribution structure using HSA-qualifying high-deductible health plans (HDHPs) and then redeploying/repurposing the HSA to incorporate a savings incentive for retiree medical costs.

Patient Protection and Affordable Care Act; standards related to reinsurance, risk corridors, and risk adjustment. Final rule.

PubMed

2012-03-23

This final rule implements standards for States related to reinsurance and risk adjustment, and for health insurance issuers related to reinsurance, risk corridors, and risk adjustment consistent with title I of the Patient Protection and Affordable Care Act as amended by the Health Care and Education Reconciliation Act of 2010, referred to collectively as the Affordable Care Act. These programs will mitigate the impact of potential adverse selection and stabilize premiums in the individual and small group markets as insurance reforms and the Affordable Insurance Exchanges ("Exchanges") are implemented, starting in 2014. The transitional State-based reinsurance program serves to reduce uncertainty by sharing risk in the individual market through making payments for high claims costs for enrollees. The temporary Federally administered risk corridors program serves to protect against uncertainty in rate setting by qualified health plans sharing risk in losses and gains with the Federal government. The permanent State-based risk adjustment program provides payments to health insurance issuers that disproportionately attract high-risk populations (such as individuals with chronic conditions).

Toward better access to health insurance coverage for U.S. retirees in Mexico.

PubMed

Warner, D C; Jahnke, L R

2001-01-01

Many retirees from the United States of America have limited health insurance coverage while living in Mexico. Medicare and Medicaid benefits are not portable to other countries and Medigap (private insurance that supplements Medicare) is very limited. This causes economic and medical hardships and serves as a barrier to retirement to Mexico. Increasing numbers of U.S. retirees will be interested in moving to Mexico in the future because of the climate, the culture, and the lower cost of living. The numbers are increasing as a result of several factors such as aging "baby boomers" and the rapidly growing Mexican-origin population in the U.S.A. who are citizens or permanent residents but would like to return to their communities of origin after working in the U.S.A. There are several policy initiatives that could provide opportunities for improving health insurance coverage for these retirees that could be cost-effective.

Lowering social security's duration-of-marriage requirement: distributional effects for future female retirees.

PubMed

Tamborini, Christopher R; Whitman, Kevin

2010-01-01

A number of alternatives to Social Security's auxiliary benefit system have been proposed in the context of changes in American family and work patterns. This article focuses on one modification therein-lowering the 10-year duration-of-marriage requirement for divorced spouses. Using a powerful microsimulation model (MINT), we examine the distributional effects of extending spouse and survivor benefit eligibility to 5- and 7-year marriages ending in divorce among female retirees in 2030, a population largely comprised of baby boomers. Results show that the options would increase benefits for a small share of female retirees, around 2 to 4%, and would not affect the vast majority of low-income divorced older women. However, of those affected, the options would substantially increase benefits and lower incidence of poverty and near poor. Low-income divorced retirees with marriages between 5 and 9 years in length and a deceased former spouse face the greatest potential gains.

The Department of Defense Retiree Dental Program.

DTIC Science & Technology

1997-05-01

treatment. An age/sex factor was also developed for orthodontics (Table 13). 76 Table 13 Retiree and Dependent Eligible Population Age Bracket Age...does not cover the more costly dental procedures such as orthodontics , endodontics, periodontics, single crowns, and fixed and removable...program under section 1076a of title 10, United States Code. Orthodontic services, crowns, gold fillings, bridges, complete or partial dentures, and

Target: Tomorrow. Second Career Planning for Military Retirees.

ERIC Educational Resources Information Center

Office of the Assistant Secretary of Defense for Manpower and Reserve Affairs (DOD), Washington, DC.

Intended for the career serviceman, this booklet attempts to provide the retiree with workable solutions to his own retirement situation and to assist him in resolving the transition between military and civilian life. The four steps the serviceman must take in approaching second career employment are given as follows: (1) review his experience,…

Retiree benefit mailing dates | Alaska Division of Retirement and Benefits

Science.gov Websites

Employee Retiring Retiree Disabled Survivor Features Empower Retirement Account Info Online myRnB Member Scheduler Empower Retirement Account Info Online myRnB Member Services Seminars AlaskaCare Wellness Forms

Multivariate flood risk assessment: reinsurance perspective

NASA Astrophysics Data System (ADS)

Ghizzoni, Tatiana; Ellenrieder, Tobias

2013-04-01

For insurance and re-insurance purposes the knowledge of the spatial characteristics of fluvial flooding is fundamental. The probability of simultaneous flooding at different locations during one event and the associated severity and losses have to be estimated in order to assess premiums and for accumulation control (Probable Maximum Losses calculation). Therefore, the identification of a statistical model able to describe the multivariate joint distribution of flood events in multiple location is necessary. In this context, copulas can be viewed as alternative tools for dealing with multivariate simulations as they allow to formalize dependence structures of random vectors. An application of copula function for flood scenario generation is presented for Australia (Queensland, New South Wales and Victoria) where 100.000 possible flood scenarios covering approximately 15.000 years were simulated.

Healthcare for Military Retirees Task Group. Recommendations Regarding Improvements to the Military Health Systems and Specifically Healthcare of Military Retirees.

DTIC Science & Technology

2005-12-01

Business Board Utilize specially trained care managers to proactively attend to/assist high-risk population. Customize a comprehensive...ADDRESS(ES) Defense Business Board,1155 Defense Pentagon,Washington,DC,20301-1155 8. PERFORMING ORGANIZATION REPORT NUMBER 9. SPONSORING/MONITORING...c. THIS PAGE unclassified Standard Form 298 (Rev. 8-98) Prescribed by ANSI Std Z39-18 Defense Business Board HEALTHCARE FOR MILITARY RETIREES

Military Retirees’ Post-Service Earnings and Employment.

DTIC Science & Technology

1981-02-01

nonpecuniary ( psychic income) components, to perhaps choose not to work at all (i.e., to truly retire) or to choose to live in areas which have low costs...shown later in this section, only about 5 percent of the retirees out of the service for more than five years are "involuntarily" unemployed , which means

Corporate Retiree Health Benefits: Here Today, Gone Tomorrow? Hearing before the Select Committee on Aging. House of Representatives, Ninety-Eighth Congress, Second Session (June 27, 1984).

ERIC Educational Resources Information Center

Congress of the U.S., Washington, DC. House Select Committee on Aging.

This document contains witness testimonies and prepared statements from the Congressional hearing called to examine the rise in health care costs and its effect on retirees' health benefits. Opening statements are provided from committee members. The retiree's perspective is given by a retiree and a granddaughter of a retiree who have had their…

Relationship between Internet use and general belief in a just world among Chinese retirees.

PubMed

Zhang, Zhen; Zhang, Jianxin; Zhu, Tingshao

2013-07-01

As an emerging medium for acquiring information, the Internet might affect how users, including older adults, view or think about the world around them. Using data from a survey of retirees aged 50 years and above (N=12,309) in China, the present study examined the relationship between Internet use for acquiring information about the world and general belief in a just world (GBJW). The results indicated that Internet use primarily for obtaining news information was negatively related to GBJW. Specifically, Internet users had lower levels of GBJW than nonusers; the more time retirees spent visiting Web sites to acquire news information, the less likely they were to believe that the world is just. In addition, compared with retirees who had acquired information about the world through other means (including books, newspapers or magazines, radio and television, and direct communication with other people), those who had acquired information primarily using the Internet showed lower levels of GBJW. The significance and limitations of the current study are discussed.

Leasing Retirees: Smart Business or Gaming the System?

ERIC Educational Resources Information Center

Lawton, Stephen B.

2009-01-01

In April 2009, a high school principal in a large Arizona school district met individually with 18 of his most senior teachers to inform them that they would not have a job the following year. Why didn't tenure protect them from wholesale dismissal? The answer is they all had one thing in common: they were retirees who had been leased or hired…

Cohort differences in wealth and pension participation of near-retirees.

PubMed

Dushi, Irena; Iams, Howard M

2008-01-01

The approaching retirement of the baby-boom generation has attracted both research and public policy attention. Many social and economic changes occurred during the second half of the twentieth century, changes that are likely to affect the retirement economic security of recent cohorts in many ways. In this article, using data from the Health and Retirement Study (HRS), a longitudinal, nationally representative survey of older Americans, we compare potential retirement economic resources-pension participation and nonpension net worth-of two cohorts of near-retirees. Particularly we look at individuals born from 1933 through 1939, often referred to as depression babies, who were ages 55-61 in 1994 and the more recent cohort consisting of individuals of the same ages (55-61) in 2004, who were born from 1943 through 1949. Our findings indicate that the more recent cohort of near-retirees has a significantly higher pension participation rate over their working life, and therefore greater opportunity to establish pension income through their working life, compared with the earlier cohort (82 percent versus 64 percent). The increase in pension participation was more pronounced among the recent cohort of women, an expected outcome given the increase in labor force participation of women over the past half century. As a result, although differences by sex in pension participation remained significant, the gap has narrowed for the recent cohort of near-retirees. In addition, we find that the gap in participation rate between those in the highest and the lowest wealth quintiles has widened over time (from 22 percent in 1994 to 26 percent in 2004). For both cohorts of near-retirees, the evidence indicates that those without a pension have much lower levels of net total worth than those who report having a pension. The pattern that emerges for both cohorts is that about one-fifth of individuals aged 55-61 hold little or no wealth at all, whereas about two-fifths hold a

Retiree out-of-pocket healthcare spending: a study of consumer expectations and policy implications.

PubMed

Hoffman, Allison K; Jackson, Howell E

2013-01-01

Even though most American retirees benefit from Medicare coverage, a mounting body of research predicts that many will face large and increasing out-of-pocket expenditures for healthcare costs in retirement and that many already struggle to finance these costs. It is unclear, however, whether the general population understands the likely magnitude of these out-of-pocket expenditures well enough to plan for them effectively. This study is the first comprehensive examination of Americans' expectations regarding their out-of-pocket spending on healthcare in retirement. We surveyed over 1700 near retirees and retirees to assess their expectations regarding their own spending and then compared their responses to experts' estimates. Our main findings are twofold. First, overall expectations of out-of-pocket spending are mixed. While a significant proportion of respondents estimated out-of-pocket costs in retirement at or above expert estimates of what the typical retiree will spend, a disproportionate number estimated their future spending substantially below what experts view as likely. Estimates by members of some demographic subgroups, including women and younger respondents, deviated relatively further from the experts' estimates. Second, respondents consistently misjudged spending uncertainty. In particular, respondents significantly underestimated how much individual health experience and changes in government policy can affect individual out-of-pocket spending. We discuss possible policy responses, including efforts to improve financial planning and ways to reduce unanticipated financial risk through reform of health insurance regulation.

A Thematic Analysis of Career Adaptability in Retirees Who Return to Work.

PubMed

Luke, Jennifer; McIlveen, Peter; Perera, Harsha N

2016-01-01

Retirement can no longer be conceptualized as disengagement, as the end of a person's career, as it is in the life-span, life-space theory. Increasingly, retirees are returning to work, in paid, and unpaid positions, in a part-time or full-time capacity, as an act of re-engagement. Vocational psychology theories are yet to adequately conceptualize the phenomenon of retirees' re-engagement in work. The research reported in this paper is the first attempt to understand re-engagement through the theoretical lens of career construction theory (CCT) and its central construct, career adaptability. The study involved intensive interviews with 22 retirees between the ages of 56 and 78 years (M = 68.24), who had retired no less than 1 year prior to the study. Participants were engaged in a discussion about their reasons for returning to the world of work. Thematic analysis of interview transcripts extracted evidence of the four career adaptability resources: concern, control, curiosity, and confidence. In addition, the influence of family and making a contribution were discerned as important themes. These findings are the first evidence that the CCT and career adaptability provide a new conceptual lens to theorize and conduct research into the phenomenon of retirement.

Retirement and Retiree Health Benefits Provisions Survey, 1990-91.

ERIC Educational Resources Information Center

National Education Association, Washington, DC. Research Div.

Findings of a national survey that examined retirement and retiree health benefits provisions are presented in this document. A 1990-91 survey mailed to all state and local retirement plans in which education employees participate elicited responses from 53 state-sponsored and 5 local-sponsored plans (representing a total active membership of 6.4…

Relationship Between Internet Use and General Belief in a Just World Among Chinese Retirees

PubMed Central

Zhang, Jianxin; Zhu, Tingshao

2013-01-01

Abstract As an emerging medium for acquiring information, the Internet might affect how users, including older adults, view or think about the world around them. Using data from a survey of retirees aged 50 years and above (N=12,309) in China, the present study examined the relationship between Internet use for acquiring information about the world and general belief in a just world (GBJW). The results indicated that Internet use primarily for obtaining news information was negatively related to GBJW. Specifically, Internet users had lower levels of GBJW than nonusers; the more time retirees spent visiting Web sites to acquire news information, the less likely they were to believe that the world is just. In addition, compared with retirees who had acquired information about the world through other means (including books, newspapers or magazines, radio and television, and direct communication with other people), those who had acquired information primarily using the Internet showed lower levels of GBJW. The significance and limitations of the current study are discussed. PMID:23865811

Correlating regional natural hazards for global reinsurance risk assessment

NASA Astrophysics Data System (ADS)

Steptoe, Hamish; Maynard, Trevor; Economou, Theo; Fox, Helen; Wallace, Emily; Maisey, Paul

2016-04-01

Concurrent natural hazards represent an uncertainty in assessing exposure for the insurance industry. The recently implemented Solvency II Directive requires EU insurance companies to fully understand and justify their capital reserving and portfolio decisions. Lloyd's, the London insurance and reinsurance market, commissioned the Met Office to investigate the dependencies between different global extreme weather events (known to the industry as perils), and the mechanisms for these dependencies, with the aim of helping them assess their compound risk to the exposure of multiple simultaneous hazards. In this work, we base the analysis of hazard-to-hazard dependency on the interaction of different modes of global and regional climate variability. Lloyd's defined 16 key hazard regions, including Australian wildfires, flooding in China and EU windstorms, and we investigate the impact of 10 key climate modes on these areas. We develop a statistical model that facilitates rapid risk assessment whilst allowing for both temporal auto-correlation and, crucially, interdependencies between drivers. The simulator itself is built conditionally using autoregressive regression models for each driver conditional on the others. Whilst the baseline assumption within the (re)insurance industry is that different natural hazards are independent of each other, the assumption of independence of meteorological risks requires greater justification. Although our results suggest that most of the 120 hazard-hazard connections considered are likely to be independent of each other, 13 have significant dependence arising from one or more global modes of climate variability. This allows us to create a matrix of linkages describing the hazard dependency structure that Lloyd's can use to inform their understanding of risk.

76 FR 25783 - Surety Companies Acceptable on Federal Bonds; Name Change: Odyssey America Reinsurance Corporation

Federal Register 2010, 2011, 2012, 2013, 2014

2011-05-05

... directed to the U.S. Department of the Treasury, Financial Management Service, Financial Accounting and...: April 22, 2011. Laura Carrico, Director, Financial Accounting and Services Division. [FR Doc. 2011-10773... Change: Odyssey America Reinsurance Corporation AGENCY: Financial Management Service, Fiscal Service...

34 CFR 682.406 - Conditions for claim payments from the Federal Fund and for reinsurance coverage.

Code of Federal Regulations, 2011 CFR

2011-07-01

... is not reinsured unless the lender files a claim for loss on the loan with the guarantor together... this section; and (v) Compliance with all default aversion assistance requirements in § 682.404(a)(2...

The impact of clustering of extreme European windstorm events on (re)insurance market portfolios

NASA Astrophysics Data System (ADS)

Mitchell-Wallace, Kirsten; Alvarez-Diaz, Teresa

2010-05-01

Traditionally the occurrence of windstorm loss events in Europe has been considered as independent. However, a number of significant losses close in space and time indicates that this assumption may need to be revised. Under particular atmospheric conditions multiple loss-causing cyclones can occur in succession, affecting similar geographic regions and, therefore, insurance markets. A notable example is of Lothar and Martin in France in December 1999. Although the existence of cyclone families is well-known by meteorologists, there has been limited research into occurrence of serial windstorms. However, climate modelling research is now providing the ability to explore the physical drivers of clustering, and to improve understanding of the hazard aspect of catastrophe modelling. While analytics tools, including catastrophe models, may incorporate assumptions regarding the influence of dependency through statistical means, the most recent research outputs provide a new strand of information with the potential to re-assess the probabilistic loss potential in light of clustering and to provide an additional view on probable maximum losses to windstorm-exposed portfolios across regions such as Northwest Europe. There is however, a need for the testing of these new techniques within operational (re)insurance applications, and this paper provide an overview of the most current clustering research, including the 2009 paper by Vitolo et. al., in relation to reinsurance risk modelling, and to assess the potential impact of such additional information on the overall risk assessment process. We examine the consequences of the serial clustering of extra-tropical cyclones demonstrated by Vitolo et al. (2009) from the perspective of a large European reinsurer, examining potential implications for: • Pricing • Accumulation And • Capital adequacy

Wellness for Older Workers and Retirees. WBGH Worksite Wellness Series.

ERIC Educational Resources Information Center

Levin, Robert C.

Company-sponsored wellness programs are particularly important for older employees inasmuch as they are at greater risk of disease and disability than are their younger counterparts and their health care and health insurance costs are generally higher. As the cost of retirement benefits rises, wellness programs for retirees are becoming…

Health, SES, and the Timing of Education among Military Retirees

ERIC Educational Resources Information Center

Edwards, Ryan D.

2016-01-01

The timing of education across the life cycle is differentially associated with older age health outcomes and socioeconomic status among military retirees, a subpopulation with common levels of adolescent health, but variation in educational timing. A year of education obtained before military service lowers the probability of poor health in…

Hepatitis C Virus in the US Military Retiree Population: To Screen, or Not to Screen?

PubMed

Laufer, Christin B; Carroll, Matthew B

2015-10-01

In 2012, the Centers for Disease Control (CDC) recommended hepatitis C virus (HCV) screening for those born between 1945 and 1965. Prior recommendations endorsed screening based on risk factors (RFs). Because United States (US) military retirees have had at least 20 years of access to free comprehensive health care, mandatory physical fitness tests, periodic health assessments and mandatory drug screening, we hypothesized that the prevalence of HCV amongst military retirees is lower than the national average. Thus the new CDC screening guidelines may not be applicable or cost effective in this particular population. A quality improvement (QI) initiative implemented the new birth-cohort CDC screening guidelines for the internal medicine (IM) clinic of our hospital (QI group). An age-matched group from the same IM clinic, screened based on RFs for HCV infection, served as the comparator (RF group). The prevalence of the anti-HCV antibody and chronic infection was determined and compared with each other and with the national average. The prevalence of the HCV antibody was 2.1% and 2.3% in the QI and RF groups, respectively (odds ratio (OR): 1.08, 95% CI: 0.37 - 3.21, P = 1.000). The prevalence of chronic infection was 0.4% and 1.8% in the QI and RF groups, respectively (OR: 4.39, 95% CI: 0.80 - 24.13, P = 0.083). When our data were compared with the national average, there were no statistical differences in the prevalence of the HCV antibody; however, there was statistically more viral clearance, and subsequently less chronic infection, in the QI group versus the national average. The military retiree population did not have a lower prevalence of the HCV antibody than the American populace whether screened based on age or traditional RFs. Thus, the CDC guidelines are applicable in this population. One interesting finding of this study is the higher rate of viral clearance in military retirees when compared with the national average. It is therefore possible that

77 FR 12910 - Surety Companies Acceptable on Federal Bonds-Name Change: White Mountains Reinsurance Company of...

Federal Register 2010, 2011, 2012, 2013, 2014

2012-03-02

... . Questions concerning this notice may be directed to the U.S. Department of the Treasury, Financial Management Service, Financial Accounting and Services Division, Surety Bond Branch, 3700 East-West Highway... Change: White Mountains Reinsurance Company of America AGENCY: Financial Management Service, Fiscal...

5 CFR 843.308 - Supplementary benefits on death of a retiree.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false Supplementary benefits on death of a... SERVICE REGULATIONS (CONTINUED) FEDERAL EMPLOYEES RETIREMENT SYSTEM-DEATH BENEFITS AND EMPLOYEE REFUNDS Current and Former Spouse Benefits § 843.308 Supplementary benefits on death of a retiree. (a) Except as...

5 CFR 843.308 - Supplementary benefits on death of a retiree.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 5 Administrative Personnel 2 2014-01-01 2014-01-01 false Supplementary benefits on death of a... SERVICE REGULATIONS (CONTINUED) FEDERAL EMPLOYEES RETIREMENT SYSTEM-DEATH BENEFITS AND EMPLOYEE REFUNDS Current and Former Spouse Benefits § 843.308 Supplementary benefits on death of a retiree. (a) Except as...

5 CFR 843.308 - Supplementary benefits on death of a retiree.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 5 Administrative Personnel 2 2013-01-01 2013-01-01 false Supplementary benefits on death of a... SERVICE REGULATIONS (CONTINUED) FEDERAL EMPLOYEES RETIREMENT SYSTEM-DEATH BENEFITS AND EMPLOYEE REFUNDS Current and Former Spouse Benefits § 843.308 Supplementary benefits on death of a retiree. (a) Except as...

75 FR 1683 - Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies; Increase in...

Federal Register 2010, 2011, 2012, 2013, 2014

2010-01-12

... and Reinsuring Companies; Increase in Fees Imposed AGENCY: Financial Management Service, Fiscal... Treasury, Financial Management Service, is increasing the fees it imposes on and collects from surety.... SUPPLEMENTARY INFORMATION: The fees imposed and collected, as referred to in 31 CFR 223.22, cover the costs...

42 CFR 423.884 - Requirements for qualified retiree prescription drug plans.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 42 Public Health 3 2014-10-01 2014-10-01 false Requirements for qualified retiree prescription... belief. (5) Timing—(i) General rule. An application for a given plan year must be submitted prior to the... plan years that end in 2006, an application must be submitted by September 30, 2005 unless a request...

42 CFR 423.884 - Requirements for qualified retiree prescription drug plans.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 42 Public Health 3 2011-10-01 2011-10-01 false Requirements for qualified retiree prescription... belief. (5) Timing—(i) General rule. An application for a given plan year must be submitted prior to the... plan years that end in 2006, an application must be submitted by September 30, 2005 unless a request...

42 CFR 423.884 - Requirements for qualified retiree prescription drug plans.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 42 Public Health 3 2013-10-01 2013-10-01 false Requirements for qualified retiree prescription... belief. (5) Timing—(i) General rule. An application for a given plan year must be submitted prior to the... plan years that end in 2006, an application must be submitted by September 30, 2005 unless a request...

42 CFR 423.884 - Requirements for qualified retiree prescription drug plans.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 42 Public Health 3 2012-10-01 2012-10-01 false Requirements for qualified retiree prescription... belief. (5) Timing—(i) General rule. An application for a given plan year must be submitted prior to the... plan years that end in 2006, an application must be submitted by September 30, 2005 unless a request...

Economic Consequences of Retiree Concentrations: A Review of North American Studies

ERIC Educational Resources Information Center

Serow, William J.

2003-01-01

Purpose: The study of patterns of residential mobility among individuals around the age of retirement has led to the recognition that for many reasons--climate and cost of living being the most frequently cited--settlement patterns of comparatively affluent retirees will often differ from those of the working-age population. Increasingly,…

5 CFR 892.202 - Are retirees eligible for the premium conversion plan?

Code of Federal Regulations, 2013 CFR

2013-01-01

... 5 Administrative Personnel 2 2013-01-01 2013-01-01 false Are retirees eligible for the premium conversion plan? 892.202 Section 892.202 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS...

5 CFR 892.202 - Are retirees eligible for the premium conversion plan?

Code of Federal Regulations, 2014 CFR

2014-01-01

... 5 Administrative Personnel 2 2014-01-01 2014-01-01 false Are retirees eligible for the premium conversion plan? 892.202 Section 892.202 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS...

5 CFR 892.202 - Are retirees eligible for the premium conversion plan?

Code of Federal Regulations, 2011 CFR

2011-01-01

... 5 Administrative Personnel 2 2011-01-01 2011-01-01 false Are retirees eligible for the premium conversion plan? 892.202 Section 892.202 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS...

5 CFR 892.202 - Are retirees eligible for the premium conversion plan?

Code of Federal Regulations, 2010 CFR

2010-01-01

... conversion plan? 892.202 Section 892.202 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Eligibility and Participation § 892.202 Are retirees eligible for the premium conversion plan? No...

76 FR 416 - Application and Renewal Fees Imposed on Surety Companies and Reinsuring Companies Increase in...

Federal Register 2010, 2011, 2012, 2013, 2014

2011-01-04

... and Reinsuring Companies Increase in Fees Imposed AGENCY: Financial Management Service, Fiscal Service..., Financial Management Service, is increasing the fees it imposes on and collects from surety companies and... INFORMATION: The fees imposed and collected, as referred to in 31 CFR 223.22, cover the costs incurred by the...

Converting unused vacation days to retiree medical benefits: a proposed partial solution to an emerging national crisis.

PubMed

Saxon, Donald R

2003-06-01

Costs for retiree medical benefits are spiraling upward. One way to help fund this area of compensation, with little or no additional financial burden to either employers or employees, could be using an employee benefit plan whereby each year's unused vacation days and sick days are transferred into an employee's tax-free account in a voluntary employee benefit association (VEBA) trust. On retirement, the account is used to purchase a (pre-Medicare) retiree medical plan, prescription drug benefit, a Medicare supplemental policy and/or simply make Medicare premium payments.

45 CFR 153.740 - Failure to comply with HHS-operated risk adjustment and reinsurance data requirements.

Code of Federal Regulations, 2014 CFR

2014-10-01

... adjustment data submission and data storage requirements set forth in §§ 153.610 through 153.630, HHS may... adjustment and reinsurance data requirements. 153.740 Section 153.740 Public Welfare Department of Health and... CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Distributed Data Collection for HHS-Operated...

FASB (Financial Accounting Standards Board) proposal changes retiree healthcare benefit accounting.

PubMed

Grimaldi, P L; Bertko, J M

1989-07-01

The Financial Accounting Standards Board (FASB) recently issued an exposure draft (ED) of a standard that would change the way organizations account for their employees' post-retirement healthcare benefits. According to the ED, organizations would have to switch from cash accounting to accrual accounting for post-retirement benefits as well as record their retiree healthcare liabilities on their balance sheets by 1992.

The Future Train Wreck: Paying for Medical Costs for Higher Education's Retirees

ERIC Educational Resources Information Center

Biggs, John H.

2006-01-01

Trustees and administrators today confront one of two problems with post-retirement medical care. First, if institutions provide no support for their retirees' medical care, they implicitly offer a powerful incentive for senior faculty to stay on. The compensation and opportunity costs of this effect are obviously very high. But, second, if they…

The effect of three-tier formulary adoption on medication continuation and spending among elderly retirees.

PubMed

Huskamp, Haiden A; Deverka, Patricia A; Landrum, Mary Beth; Epstein, Robert S; McGuigan, Kimberly A

2007-10-01

To assess the effect of three-tier formulary adoption on medication continuation and spending among elderly members of retiree health plans. Pharmacy claims and enrollment data on elderly members of four retiree plans that adopted a three-tier formulary over the period July 1999 through December 2002 and two comparison plans that maintained a two-tier formulary during this period. We used a quasi-experimental design to compare the experience of enrollees in intervention and comparison plans. We used propensity score methods to match intervention and comparison users of each drug class and plan. We estimated repeated measures regression models for each class/plan combination for medication continuation and monthly plan, enrollee, and total spending. We estimated logit models of the probability of nonpersistent use, medication discontinuation, and medication changes. We used pharmacy claims to create person-level drug utilization and spending files for the year before and year after three-tier adoption. Three-tier formulary adoption resulted in shifting of costs from plan to enrollee, with relatively small effects on medication continuation. Although implementation had little effect on continuation on average, a small minority of patients were more likely to have gaps in use and discontinue use relative to comparison patients. Moderate cost sharing increases from three-tier formulary adoption had little effect on medication continuation among elderly enrolled in retiree health plans with relatively generous drug coverage.

Is pre-retirement planning always good? An exploratory study of retirement adjustment among Hong Kong Chinese retirees.

PubMed

Yeung, Dannii Y

2013-01-01

The impacts of four types of pre-retirement planning activities (financial, health, social life, and psychological planning) on retirement adjustment were investigated in a sample of Chinese retirees residing in Hong Kong. This study consisted of two phases of data collection, pre-retirement and post-retirement phases. Pre-retirement planning behaviors and psychological health (including attitudes toward retirement, adjustment to retirement, anxiety toward retirement, psychological well-being (PWB), and psychological distress) six months before and after retirement were measured. The final sample consisted of 90 Hong Kong Chinese retirees. Compared with the pre-retirement phase, retirees exhibited more positive attitudes toward retirement and better adjustment after they had actually retired, whereas their level of anxiety and psychological distress remained low over time. Pre-retirement planning was found to be predictive of changes in psychological health, though its impact was not always positive depending on the type of planning activities. In particular, greater psychological planning was associated with positive attitudes toward retirement and better PWB, whereas more social life planning activities were associated with greater psychological distress. In addition to financial and health planning, psychological planning activities should also be prompted to facilitate a smooth adjustment to retirement.

Retiree Health Plans for Public School Teachers after GASB 43 and 45

ERIC Educational Resources Information Center

Clark, Robert L.

2010-01-01

Most public elementary and high school teachers are covered by health insurance provided by their employer while they are employed. In most cases, these health plans are managed at the state level. At retirement, teachers with sufficient years of service are allowed to remain in the health plan. Retiree health plans for teachers vary widely across…

HMO Risk Contracts--A "No Cost" Way to Manage Retiree Health Care Costs?

ERIC Educational Resources Information Center

Hammer, Barbara F.

1995-01-01

Health Maintenance Organization (HMO) "risk contracts," under which HMOs cover Medicare-eligible individuals, are explained; and the costs, benefits, and coverage are compared with those of other managed care options. Employers with retiree medical plans are encouraged to consider using HMO risk contracts for both short- and long-term…

The Effect of Three-Tier Formulary Adoption on Medication Continuation and Spending among Elderly Retirees

PubMed Central

Huskamp, Haiden A; Deverka, Patricia A; Landrum, Mary Beth; Epstein, Robert S; McGuigan, Kimberly A

2007-01-01

Objective To assess the effect of three-tier formulary adoption on medication continuation and spending among elderly members of retiree health plans. Data Sources Pharmacy claims and enrollment data on elderly members of four retiree plans that adopted a three-tier formulary over the period July 1999 through December 2002 and two comparison plans that maintained a two-tier formulary during this period. Study Design We used a quasi-experimental design to compare the experience of enrollees in intervention and comparison plans. We used propensity score methods to match intervention and comparison users of each drug class and plan. We estimated repeated measures regression models for each class/plan combination for medication continuation and monthly plan, enrollee, and total spending. We estimated logit models of the probability of nonpersistent use, medication discontinuation, and medication changes. Data Collection/Extraction Methods We used pharmacy claims to create person-level drug utilization and spending files for the year before and year after three-tier adoption. Principal Findings Three-tier formulary adoption resulted in shifting of costs from plan to enrollee, with relatively small effects on medication continuation. Although implementation had little effect on continuation on average, a small minority of patients were more likely to have gaps in use and discontinue use relative to comparison patients. Conclusions Moderate cost sharing increases from three-tier formulary adoption had little effect on medication continuation among elderly enrolled in retiree health plans with relatively generous drug coverage. PMID:17850526

38 CFR 17.94 - Outpatient medical services for military retirees and other beneficiaries.

Code of Federal Regulations, 2011 CFR

2011-07-01

... pensioners of nations allied with the United States in World War I and World War II when duly authorized. [32... 38 Pensions, Bonuses, and Veterans' Relief 1 2011-07-01 2011-07-01 false Outpatient medical services for military retirees and other beneficiaries. 17.94 Section 17.94 Pensions, Bonuses, and Veterans...

38 CFR 17.94 - Outpatient medical services for military retirees and other beneficiaries.

Code of Federal Regulations, 2014 CFR

2014-07-01

... pensioners of nations allied with the United States in World War I and World War II when duly authorized. [32... 38 Pensions, Bonuses, and Veterans' Relief 1 2014-07-01 2014-07-01 false Outpatient medical services for military retirees and other beneficiaries. 17.94 Section 17.94 Pensions, Bonuses, and Veterans...

38 CFR 17.94 - Outpatient medical services for military retirees and other beneficiaries.

Code of Federal Regulations, 2013 CFR

2013-07-01

... pensioners of nations allied with the United States in World War I and World War II when duly authorized. [32... 38 Pensions, Bonuses, and Veterans' Relief 1 2013-07-01 2013-07-01 false Outpatient medical services for military retirees and other beneficiaries. 17.94 Section 17.94 Pensions, Bonuses, and Veterans...

38 CFR 17.94 - Outpatient medical services for military retirees and other beneficiaries.

Code of Federal Regulations, 2012 CFR

2012-07-01

... pensioners of nations allied with the United States in World War I and World War II when duly authorized. [32... 38 Pensions, Bonuses, and Veterans' Relief 1 2012-07-01 2012-07-01 false Outpatient medical services for military retirees and other beneficiaries. 17.94 Section 17.94 Pensions, Bonuses, and Veterans...

38 CFR 17.94 - Outpatient medical services for military retirees and other beneficiaries.

Code of Federal Regulations, 2010 CFR

2010-07-01

... pensioners of nations allied with the United States in World War I and World War II when duly authorized. [32... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false Outpatient medical services for military retirees and other beneficiaries. 17.94 Section 17.94 Pensions, Bonuses, and Veterans...

78 FR 74168 - Agency Information Collection: Emergency Submission for OMB Review (Survey of Military Retirees...

Federal Register 2010, 2011, 2012, 2013, 2014

2013-12-10

... MILITARY COMPENSATION AND RETIREMENT MODERNIZATION COMMISSION Agency Information Collection: Emergency Submission for OMB Review (Survey of Military Retirees); Comment Request AGENCY: Military... Reduction Act (PRA) of 1995 (44 U.S.C. Sec. Sec. 3501-3521) the Military Compensation and Retirement...

Project RESOURCES: Retired Employees Skills Outreach Using Retirees in Continuing Employment Situations. A Manual.

ERIC Educational Resources Information Center

Yoseloff, Darlene; And Others

Project RESOURCES (Retired Employees Skills Outreach Using Retirees in Continuing Employment Situations) was developed at Middlesex County College (MCC) to meet the employment needs of the over 55 age population. Designed to assist others in implementing similar programs, this manual provides an overview of the project, including information on…

Modeling Retirees' Life Satisfaction Levels: The Role of Recreational, Life Cycle and Socio-Environmental Elements.

ERIC Educational Resources Information Center

Romsa, Gerald; And Others

1985-01-01

This study investigated satisfaction with retirement as a function of life cycle forces, socioenvironmental influences, and the degree of fulfillment of Maslow's hierarchy of needs through participation in recreational leisure activities. The findings from interviews with 300 retirees are discussed. (Author/MT)

26 CFR 1.832-7T - Treatment of salvage and reinsurance in computing “losses incurred” deduction, taxable years...

Code of Federal Regulations, 2010 CFR

2010-04-01

... TAX (CONTINUED) INCOME TAXES Other Insurance Companies § 1.832-7T Treatment of salvage and reinsurance... represent actual unpaid losses as nearly as it is possible to ascertain them. (b) Every insurance company to... require any such insurance company to submit such detailed information with respect to its actual...

Making Better Re/Insurance Underwriting and Capital Management Decisions with Public-Private-Academic Partnerships

NASA Astrophysics Data System (ADS)

Michel, G.; Gunasekera, R.; Werner, A.; Galy, H.

2012-04-01

Similar to 2001, 2004, and 2005, 2011 was another year of unexpected international catastrophe events, in which insured losses were more than twice the expected long-term annual average catastrophe losses of USD 30 to 40bn. Key catastrophe events that significantly contributed these losses included the Mw 9.0 Great Tohoku earthquake and tsunami, the Jan. 2011 floods in Queensland, the October 2011 floods in Thailand, the Mw 6.1 Christchurch earthquake and Convective system (Tornado) in United States. However, despite considerable progress in catastrophe modelling, the advent of global catastrophe models, increasing risk model coverage and skill in the detailed modelling, the above mentioned events were not satisfactorily modelled by the current mainstream Re/Insurance catastrophe models. This presentation therefore address problems in models and incomplete understanding identified from recent catastrophic events by considering: i) the current modelling environment, and ii) how the current processes could be improved via: a) the understanding of risk within science networks such as the Willis Research Network, and b) the integration of risk model results from available insurance catastrophe models and tools. This presentation aims to highlight the needed improvements in decision making and market practices, thereby advancing the current management of risk in the Re/Insurance industry. This also increases the need for better integration of Public-Private-Academic partnerships and tools to provide better estimates of not only financial loss but also humanitarian and infrastructural losses as well.

29 CFR 1625.32 - Coordination of retiree health benefits with Medicare and State health benefits.

Code of Federal Regulations, 2013 CFR

2013-07-01

... 29 Labor 4 2013-07-01 2013-07-01 false Coordination of retiree health benefits with Medicare and State health benefits. 1625.32 Section 1625.32 Labor Regulations Relating to Labor (Continued) EQUAL EMPLOYMENT OPPORTUNITY COMMISSION AGE DISCRIMINATION IN EMPLOYMENT ACT Administrative Exemptions § 1625.32...

29 CFR 1625.32 - Coordination of retiree health benefits with Medicare and State health benefits.

Code of Federal Regulations, 2014 CFR

2014-07-01

... 29 Labor 4 2014-07-01 2014-07-01 false Coordination of retiree health benefits with Medicare and State health benefits. 1625.32 Section 1625.32 Labor Regulations Relating to Labor (Continued) EQUAL EMPLOYMENT OPPORTUNITY COMMISSION AGE DISCRIMINATION IN EMPLOYMENT ACT Administrative Exemptions § 1625.32...

29 CFR 1625.32 - Coordination of retiree health benefits with Medicare and State health benefits.

Code of Federal Regulations, 2010 CFR

2010-07-01

... 29 Labor 4 2010-07-01 2010-07-01 false Coordination of retiree health benefits with Medicare and State health benefits. 1625.32 Section 1625.32 Labor Regulations Relating to Labor (Continued) EQUAL EMPLOYMENT OPPORTUNITY COMMISSION AGE DISCRIMINATION IN EMPLOYMENT ACT Administrative Exemptions § 1625.32...

29 CFR 1625.32 - Coordination of retiree health benefits with Medicare and State health benefits.

Code of Federal Regulations, 2011 CFR

2011-07-01

... 29 Labor 4 2011-07-01 2011-07-01 false Coordination of retiree health benefits with Medicare and State health benefits. 1625.32 Section 1625.32 Labor Regulations Relating to Labor (Continued) EQUAL EMPLOYMENT OPPORTUNITY COMMISSION AGE DISCRIMINATION IN EMPLOYMENT ACT Administrative Exemptions § 1625.32...

29 CFR 1625.32 - Coordination of retiree health benefits with Medicare and State health benefits.

Code of Federal Regulations, 2012 CFR

2012-07-01

... 29 Labor 4 2012-07-01 2012-07-01 false Coordination of retiree health benefits with Medicare and State health benefits. 1625.32 Section 1625.32 Labor Regulations Relating to Labor (Continued) EQUAL EMPLOYMENT OPPORTUNITY COMMISSION AGE DISCRIMINATION IN EMPLOYMENT ACT Administrative Exemptions § 1625.32...

A Thematic Analysis of Career Adaptability in Retirees Who Return to Work

PubMed Central

Luke, Jennifer; McIlveen, Peter; Perera, Harsha N.

2016-01-01

Retirement can no longer be conceptualized as disengagement, as the end of a person’s career, as it is in the life-span, life-space theory. Increasingly, retirees are returning to work, in paid, and unpaid positions, in a part-time or full-time capacity, as an act of re-engagement. Vocational psychology theories are yet to adequately conceptualize the phenomenon of retirees’ re-engagement in work. The research reported in this paper is the first attempt to understand re-engagement through the theoretical lens of career construction theory (CCT) and its central construct, career adaptability. The study involved intensive interviews with 22 retirees between the ages of 56 and 78 years (M = 68.24), who had retired no less than 1 year prior to the study. Participants were engaged in a discussion about their reasons for returning to the world of work. Thematic analysis of interview transcripts extracted evidence of the four career adaptability resources: concern, control, curiosity, and confidence. In addition, the influence of family and making a contribution were discerned as important themes. These findings are the first evidence that the CCT and career adaptability provide a new conceptual lens to theorize and conduct research into the phenomenon of retirement. PMID:26925014

The Military Survivor Benefit Plan: How Much Does It Benefit the Retiree?

DTIC Science & Technology

1979-12-01

advantages . Chapter V offers conclusions and recommendations. 4 I II. What is the Survivor Benefit Plan This chapter briefly traces military survivor...basis, founded upon the relation of parties to each other, either pecuniary or of blood or affinity, to expect some benefit or advantage from the...AFIT/GOR/SM/79D-9 THE MILITARY SURVIVOR BENEFIT PLAN: HOW MUCH DOES IT BENEFIT THE RETIREE THESIS AFIT/GOR/SM /79D-9 Thomas L. Wade Captain USAF ,zkC

An Analysis of the Effects of Military Service on Retirees’ Civilian Earnings

DTIC Science & Technology

1993-12-01

labor market following separation from the service. Thus. military retirees receive two incomes over a lengthy period of their lives, the military pension...labor market experience. Within this model. Probit analysis Was emprio~cd to correct for expected selecti\\I1!% bilas. The sampie employed in this...have a more direct correlation with the civilian lob market . The third phase examined occupational transfer effects. A dummy transfer variable was

38 CFR 17.44 - Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and...

Code of Federal Regulations, 2012 CFR

2012-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2012-07-01 2012-07-01 false Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and 11733). 17.44 Section 17.44 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS MEDICAL Hospital, Domiciliary and Nursing...

38 CFR 17.44 - Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and...

Code of Federal Regulations, 2014 CFR

2014-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2014-07-01 2014-07-01 false Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and 11733). 17.44 Section 17.44 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS MEDICAL Hospital, Domiciliary and Nursing...

38 CFR 17.44 - Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and...

Code of Federal Regulations, 2011 CFR

2011-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2011-07-01 2011-07-01 false Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and 11733). 17.44 Section 17.44 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS MEDICAL Hospital, Domiciliary and Nursing...

38 CFR 17.44 - Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and...

Code of Federal Regulations, 2010 CFR

2010-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and 11733). 17.44 Section 17.44 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS MEDICAL Hospital, Domiciliary and Nursing...

38 CFR 17.44 - Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and...

Code of Federal Regulations, 2013 CFR

2013-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2013-07-01 2013-07-01 false Hospital care for certain retirees with chronic disability (Executive Orders 10122, 10400 and 11733). 17.44 Section 17.44 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS MEDICAL Hospital, Domiciliary and Nursing...

Disaster Preparedness among Active Duty Personnel, Retirees, Veterans, and Dependents.

PubMed

Annis, Heather; Jacoby, Irving; DeMers, Gerard

2016-04-01

With the increase in natural and manmade disasters, preparedness remains a vital area of concern. Despite attempts by government and non-government agencies to stress the importance of preparedness, national levels of preparedness remain unacceptably low. A goal of commands and installations is to ensure that US Navy beneficiaries are well prepared for disasters. This especially is critical in active service members to meet mission readiness requirements in crisis settings. To evaluate active duty Navy personnel, dependents, veterans, and retirees regarding disaster preparedness status. The authors conducted an anonymous 29-question survey for US Navy active duty, dependents, veterans, and retirees of the Greater San Diego Region (California, USA) evaluating actual basic disaster readiness as determined by the Federal Emergency Management Agency (FEMA) standards of 3-day minimum supply of emergency stores and equipment. Descriptive statistics and regression analysis were used to analyze data. One thousand one hundred and fifty surveys were returned and analyzed. Nine hundred and eight-three were sufficiently complete for logistic regression analysis with 394 responding "Yes" to having a 72-hour disaster kit (40.1%) while 589 had "No" as a response (59.9%). The surveyed population is no more prepared than the general public, though surveyed beneficiaries overall are at an upper range of preparedness. Lower income and levels of education were associated with lack of preparedness, whereas training in disaster preparedness or having been affected by disasters increased the likelihood of being adequately prepared. Unlike results seen in the general public, those with chronic health care needs in the surveyed population were more, rather than less, likely to be prepared and those with minor children were less likely, rather than more likely, to be prepared. Duty status was assessed and only veterans were emphatically more probable than most to be prepared.

Widening Health Inequalities Among U.S. Military Retirees Since 1974

PubMed Central

Edwards, Dr Ryan

2008-01-01

I explore trends in mortality among U.S. military retirees using a new dataset of payroll records that include pay grade. Trends in mortality by pay grade reveal that health inequalities steadily widened between 1974 and 2004. Additive differentials in mortality rates remained stable, but since mortality declined exponentially, by a factor of about one third, proportional differentials in mortality and thus additive differentials in life expectancy have widened. The advantage in life expectancy enjoyed by retired officers grew roughly from 3 to 4 years. The sources of these trends remain unclear and are beyond the ability of the data to inform, but the results bear implications for trends in inequality and for policy. PMID:18708275

26 CFR 1.420-1 - Significant reduction in retiree health coverage during the cost maintenance period.

Code of Federal Regulations, 2010 CFR

2010-04-01

... 26 Internal Revenue 5 2010-04-01 2010-04-01 false Significant reduction in retiree health coverage during the cost maintenance period. 1.420-1 Section 1.420-1 Internal Revenue INTERNAL REVENUE SERVICE, DEPARTMENT OF THE TREASURY (CONTINUED) INCOME TAX (CONTINUED) INCOME TAXES Pension, Profit-Sharing, Stock Bonus Plans, Etc. § 1.420-1 Significant...

Retiree Health Plans for Public School Teachers after GASB 43 and 45. Conference Paper 2009-03

ERIC Educational Resources Information Center

Clark, Robert L.

2009-01-01

Most public elementary and high school teachers are covered by health insurance provided by their employer while they are employed. In most cases, these health plans are managed at the state level. At retirement, teachers with sufficient years of service are allowed to remain in the health plan. Retiree health plans for teachers vary widely across…

Using the Cognitive Structure of Knowledge of Female Retirees To Assess Speed and Content of Information Processing.

ERIC Educational Resources Information Center

Middlestead, Charles G.

A study examined how a stratified nonrandom sample of 112 female retirees cognitively structure their knowledge about retirement. The women, who were selected from two rural communities in two Mid-Atlantic states, were asked to complete brief questionnaires about their background and satisfaction with retirement and to sort 13 cards imprinted with…

Cross-border movement of older patients: a descriptive study on health service use of Japanese retirees in Thailand.

PubMed

Miyashita, Yumiko; Akaleephan, Chutima; Asgari-Jirhandeh, Nima; Sungyuth, Channarong

2017-03-08

Thailand's policy to promote long-stay tourism encourages Japanese retirees to relocate to Thailand. One concern of such an influx is the impact of these elderly foreign residents on the Thai health system. This study aims to reveal the current use of and needs for health services amongst Japanese retirees residing in various locations in Thailand. In collaboration with nine Japanese self-help clubs in Bangkok, Chiang Mai, Chiang Rai, and Phuket, questionnaire surveys of Japanese long-stay retirees were conducted from January to March 2015. The inclusion criteria were being ≥ 50 years of age and staying in Thailand for ≥30 days in the previous 12 months while the main exclusion criteria included relocation by company, relocation due to marriage, or working migrants. The mean age of the 237 eligible participants was 68.8, with 79.3% of them being male, 57.8% having stayed in Thailand for ≥5 years, 63.3% having stayed in Thailand for ≥300 days in the previous 12 months and 33% suffering from chronic diseases or sequelae. Of the 143 who had health check-ups in the previous 12 months, 48.3% did so in Thailand. The top 3 diseases treated either in Thailand or Japan in the previous 12 months were dental diseases (50 patients), hypertension (44 patients), and musculoskeletal disorders (41 patients), with the rate of treatment in Thailand standing at 46.0, 47.7, and 65.9%, respectively. Of the 106 who saw a doctor in Thailand in the same period, 70.8% did so less than once a month. Only 23.2% of the participants preferred to receive medical treatment for serious conditions in Thailand. However, this number rose to 32.9% for long-term care (LTC) use. The usage of Thai health services amongst Japanese long-stay retirees is currently limited as they prefer going back to Japan for health screenings and treatment of chronic or serious diseases. However, the number of Japanese residents requiring health services including LTC and end-of-life care is expected

Mortality among three refinery/petrochemical plant cohorts. II. Retirees.

PubMed

Gamble, J F; Lewis, R J; Jorgensen, G

2000-07-01

This study updates mortality data for 6238 retirees from three refinery/petrochemical plants. Almost 90% of the cohort was deceased. Deaths from all causes (standardized mortality ratio, 104; 95% confidence interval, 102 to 107) and all cancers (standardized mortality ratio, 109; 95% confidence interval, 102 to 116) were elevated. Increased deaths due to kidney cancer, mesothelioma, and the category of other lymphohemopoietic cancers also were observed. The rate of leukemia was not increased. There was little internal or external consistency to support an occupational relationship for kidney cancer, but findings for mesothelioma and other lymphohemopoietic cancers are consistent with reports for other petroleum cohorts. Analyses by age indicated significantly higher all-cause mortality rates among persons retiring before age 65. The results suggest that continued surveillance of mesothelioma and lymphohemopoietic cancer malignancies in younger workers with more contemporary exposures may be warranted. Furthermore, age at retirement should be considered when analyzing occupational cohorts.

5 CFR 831.682 - Election by a retiree who retired before May 7, 1985, to provide a former spouse annuity.

Code of Federal Regulations, 2014 CFR

2014-01-01

... annuity, the retiree must deposit an amount equal to the sum of the monthly differences between the self... annual interest, computed under § 831.105, from the date to which each monthly difference is attributable... amount equal to the sum of the monthly differences between the self-only annuity and the amount of...

5 CFR 831.682 - Election by a retiree who retired before May 7, 1985, to provide a former spouse annuity.

Code of Federal Regulations, 2011 CFR

2011-01-01

... annuity, the retiree must deposit an amount equal to the sum of the monthly differences between the self... annual interest, computed under § 831.105, from the date to which each monthly difference is attributable... amount equal to the sum of the monthly differences between the self-only annuity and the amount of...

5 CFR 831.682 - Election by a retiree who retired before May 7, 1985, to provide a former spouse annuity.

Code of Federal Regulations, 2013 CFR

2013-01-01

... annuity, the retiree must deposit an amount equal to the sum of the monthly differences between the self... annual interest, computed under § 831.105, from the date to which each monthly difference is attributable... amount equal to the sum of the monthly differences between the self-only annuity and the amount of...

5 CFR 831.682 - Election by a retiree who retired before May 7, 1985, to provide a former spouse annuity.

Code of Federal Regulations, 2010 CFR

2010-01-01

... annuity, the retiree must deposit an amount equal to the sum of the monthly differences between the self... annual interest, computed under § 831.105, from the date to which each monthly difference is attributable... amount equal to the sum of the monthly differences between the self-only annuity and the amount of...

5 CFR 831.682 - Election by a retiree who retired before May 7, 1985, to provide a former spouse annuity.

Code of Federal Regulations, 2012 CFR

2012-01-01

... annuity, the retiree must deposit an amount equal to the sum of the monthly differences between the self... annual interest, computed under § 831.105, from the date to which each monthly difference is attributable... amount equal to the sum of the monthly differences between the self-only annuity and the amount of...

Health care experiences of U.S. Retirees living in Mexico and Panama: a qualitative study

PubMed Central

2013-01-01

Background Retirement migration from northern countries to southern countries is increasing in both Europe and North America, and retiree experiences will impact future migration and health services utilization. We therefore sought to describe the healthcare experiences and perceptions of retired U.S. citizens currently living in Mexico and Panama. Methods 46 retired U.S. citizens (23 per country) who had been hospitalized (61%) or had a chronic health condition (78%) in two regions per country with large communities of retired U.S. citizens were identified. Detailed semi-structured interviews were conducted to explore experiences with, attitudes toward, and costs of healthcare. Interviews were analyzed using quantitative and qualitative methods. Results Respondents averaged 68–70 years old, were well educated, had few physical dependencies, and had moderate incomes. They praised physician services as more personalized than in the U.S. and home care as inexpensive and widely available, expressed favorable opinions regarding outpatient and dental care, gave mixed ratings on hospital services, and expressed concerns about emergency services. Numerous concerns about health insurance were expressed, including the unavailability of Medicare and reductions in Tricare. Payment concerns and lack of data on local health providers made deciding where to obtain services challenging. Conclusions Retirees living abroad report dilemmas regarding healthcare choices, insurance availability, and quality of care. As this population segment grows, pressure will increase for policy and business solutions to existing medical care challenges. PMID:24119332

Re-insurance in the Swiss health insurance market: Fit, power, and balance.

PubMed

Schmid, Christian P R; Beck, Konstantin

2016-07-01

Risk equalization mechanisms mitigate insurers' incentives to practice risk selection. On the other hand, incentives to limit healthcare spending can be distorted by risk equalization, particularly when risk equalization payments depend on realized costs instead of expected costs. In addition, cost based risk equalization mechanisms may incentivize health insurers to distort the allocation of resources among different services. The incentives to practice risk selection, to limit healthcare spending, and to distort the allocation of resources can be measured by fit, power, and balance, respectively. We apply these three measures to evaluate the risk adjustment mechanism in Switzerland. Our results suggest that it performs very well in terms of power but rather poorly in terms of fit. The latter indicates that risk selection might be a severe problem. We show that re-insurance can reduce this problem while power remains on a high level. In addition, we provide evidence that the Swiss risk equalization mechanism does not lead to imbalances across different services. Copyright © 2016 Elsevier Ireland Ltd. All rights reserved.

An Examination of the Life Satisfaction and Importance of Leisure in the Lives of Older Female Retirees: A Comparison of Blacks to Whites.

ERIC Educational Resources Information Center

Riddick, Carol Cutler; Stewart, Debra Gonder

1994-01-01

Study compared black and white female retirees' (n=618) life satisfaction and determinants of life satisfaction. Survey results found differences between the groups in life satisfaction. Perceived health and leisure repertoire planning directly affected both groups' life satisfaction. Leisure activity directly affected whites. Leisure repertoire…

Retiree health benefits--no emotional distress damages. Yolton v. El Paso Tennessee Pipeline Co., 2008 WL 275685 (E.D.Mich. 1/31/08).

PubMed

2009-01-01

Plaintiffs are not entitled to emotional distress damages under the Labor-Management Relations Act (LMRA) when an employer breaches a collective bargaining agreement by failing to provide retiree health benefits. Plaintiffs may recover damages for the cost of replacement insurance incurred as a result of such a breach.

Mobilization and Defense Management Technical Reports Series. Manpower Mobilization Policy. Impact of Reserve and Retirees Call-up on Federal Government Agencies.

DTIC Science & Technology

1983-04-01

active reserve. However, questions still persist on the level within the agencies at which key employee decisions are made, and the seriousness with...the reservist member’s service. The service will make a decision as to whether the I I% -, -. ° . - ,V,; Jt...POSITIONS O CUPIED BY MILITARY RETIREES uCmmission in Civil Rights Consumer Product Safety Comiission n Mity Futures Trading Commission Defense

[Early recurrent miscarriage: Evaluation and management].

PubMed

Gallot, V; Nedellec, S; Capmas, P; Legendre, G; Lejeune-Saada, V; Subtil, D; Nizard, J; Levêque, J; Deffieux, X; Hervé, B; Vialard, F

2014-12-01

To establish recommendations for early recurrent miscarriages (≥3 miscarriages before 14weeks of amenorrhea). Literature review, establishing levels of evidence and recommendations for grades of clinical practice. Women evaluation includes the search for a diabetes (grade A), an antiphospholipid syndrome (APS) (grade A), a thyroid dysfunction (grade A), a hyperprolactinemia (grade B), a vitamin deficiency and a hyperhomocysteinemia (grade C), a uterine abnormality (grade C), an altered ovarian reserve (grade C), and a couple chromosome analysis (grade A). For unexplained early recurrent miscarriages, treatment includes folic acid and progesterone supplementation, and a reinsurance policy in the first quarter (grade C). It is recommended to prescribe the combination of aspirin and low-molecular-weight heparin when APS (grade A), glycemic control in diabetes (grade A), L-Thyroxine in case of hypothyroidism (grade A) or the presence of thyroid antibodies (grade B), bromocriptine if hyperprolactinemia (grade B), a substitution for vitamin deficiency or hyperhomocysteinemia (grade C), sectionning a uterine septum (grade C) and treating an uterine acquired abnormality (grade C). These recommendations should improve the management of couples faced with early recurrent miscarriages. Copyright © 2014 Elsevier Masson SAS. All rights reserved.

When Military Fitness Standards No Longer Apply: The High Prevalence of Metabolic Syndrome in Recent Air Force Retirees.

PubMed

Cranston, Marcus M; True, Mark W; Wardian, Jana L; Carriere, Rishawn M; Sauerwein, Tom J

2017-07-01

Metabolic syndrome (MetS) is strongly associated with cardiovascular disease. With MetS prevalence rates increasing in the U.S. population, prevention efforts have largely focused on diet and exercise interventions. Before retirement, military service members have met fitness requirements for at least 20 years, and have lower MetS rates compared to age-matched U.S. population controls (23.4% vs. 39.0%), which suggests a protective effect of the lifestyle associated with military service. However, MetS rates in military retirees have not been previously reported, so it is unknown whether this protective effect extends beyond military service. The purpose of this study was to examine the prevalence of MetS and individual diagnostic criteria in a population of recent U.S. Air Force (USAF) retirees. We obtained institutional review board approval for all participating sites at Wilford Hall Ambulatory Surgical Center. From December 2011 to May 2013, USAF retirees within 8 years of their date of retirement were recruited at five USAF bases. Consenting subjects underwent examination and laboratory studies to assess the five diagnostic criteria measures for MetS. We used binary logistic regression to examine the relationship between various factors and the presence of MetS. The study population (n = 381) was primarily male (81.9%), enlisted (71.1%) and had a mean age of 48.2 years. When applying the American Heart Association MetS diagnostic criteria to this population, the MetS prevalence was 37.2%. When using alternative diagnostic criteria found in other published studies that did not include the use of cholesterol medications, the MetS prevalence was 33.6%. Per American Heart Association criteria, the prevalence of each of the MetS diagnostic criteria was as follows: central obesity, 39.8%; elevated fasting glucose, 32.4%; high blood pressure, 56.8%; low-high-density lipoproteins cholesterol, 33.3%; and elevated triglycerides, 42.7%. MetS was more common among males

Early Exit.

ERIC Educational Resources Information Center

Fogg, Piper

2002-01-01

Using the example of the University of Massachusetts at Amherst, discusses how the economic downturn is prompting states and university systems to offer faculty members big incentives to retire, raising questions about effects on the quality of teaching. Includes a sidebar on other prominent retirees. (EV)

Long-term care over an uncertain future: what can current retirees expect?

PubMed

Kemper, Peter; Komisar, Harriet L; Alecxih, Lisa

The leading edge of the baby boom generation is nearing retirement and facing uncertainty about its need for long-term care (LTC). Using a microsimulation model, this analysis projected that people currently turning age 65 will need LTC for three years on average. An important share of needed care will be covered by public programs and some private insurance, but much of the care will be an uninsured private responsibility of individuals and their families--a responsibility that will be distributed unequally. While over a third of those now turning 65 are projected to never receive family care, three out of 10 will rely on family care for more than two years. Similarly, half of people turning 65 will have no private out-of-pocket expenditures for LTC, while more than one in 20 are projected to spend $100,000 or more of their own money (in present discounted value). Policy debate that focuses only on income security and acute care--and the corresponding Social Security and Medicare programs--misses the third, largely private, risk that retirees face: that of needing LTC.

Gender differences in the effect of social resources and social status on the retirement satisfaction and health of retirees.

PubMed

Wang, Yihan; Matz-Costa, Christina

2018-05-16

This study explores the effect of positive and negative social support, social reciprocity, and subjective social status on the retirement satisfaction and health of retirees and gender differences therein. Using cross-sectional data from the 2010 and 2012 waves of the Health and Retirement Study (HRS), we found that social support seems to matter more for the retirement satisfaction and health of women, while social reciprocity matters more for the health of men and subjective social status for the retirement satisfaction of men. Implications for the development of social programs and policies over the life course are discussed.

Experiencing leisure in later life: a study of retirees and activity in Singapore.

PubMed

Thang, Leng Leng

2005-12-01

In a society faced with rapid aging and extended life expectancy, older persons in Singapore are just beginning to see retirement as a new era in their lives that can be quite different from the later life experiences of their own parents. Presenting an ethnographic case study of one of the first retiree activity centers in Singapore, this article will examine (a) how older persons cope with retirement, social, and cultural norms, and (b) the strategies older adults adopt in order to stay relevant in a fast-paced society. The ethnographic study shows that extrafamilial social support and opportunities for new experiences in learning and leisure contribute significantly to positive and active living in old age. Although the discussion of aging in Asia usually focuses on the problems of health, finances, and caregiving, the present study suggests the need for policy makers to pay equal attention to issues such as activity participation in old age. Participation in leisure activities may act as a preventive measure to delay the onset of aging-related problems, while at the same time enhancing life satisfaction among seniors.

How can sensitivity analysis improve the robustness of mathematical models utilized by the re/insurance industry?

NASA Astrophysics Data System (ADS)

Noacco, V.; Wagener, T.; Pianosi, F.; Philp, T.

2017-12-01

Insurance companies provide insurance against a wide range of threats, such as natural catastrophes, nuclear incidents and terrorism. To quantify risk and support investment decisions, mathematical models are used, for example to set the premiums charged to clients that protect from financial loss, should deleterious events occur. While these models are essential tools for adequately assessing the risk attached to an insurer's portfolio, their development is costly and their value for decision-making may be limited by an incomplete understanding of uncertainty and sensitivity. Aside from the business need to understand risk and uncertainty, the insurance sector also faces regulation which requires them to test their models in such a way that uncertainties are appropriately captured and that plans are in place to assess the risks and their mitigation. The building and testing of models constitutes a high cost for insurance companies, and it is a time intensive activity. This study uses an established global sensitivity analysis toolbox (SAFE) to more efficiently capture the uncertainties and sensitivities embedded in models used by a leading re/insurance firm, with structured approaches to validate these models and test the impact of assumptions on the model predictions. It is hoped that this in turn will lead to better-informed and more robust business decisions.

32 CFR 77.3 - Definitions.

Code of Federal Regulations, 2013 CFR

2013-07-01

..., worship services, or any form of proselytization. (b) Creditable early retirement public or community... early retirees: however, working in a DoD-registered Federal public service organization may trigger the... early retirement and the date in which the Service member would have attained 20 years of credible...

32 CFR 77.3 - Definitions.

Code of Federal Regulations, 2014 CFR

2014-07-01

..., worship services, or any form of proselytization. (b) Creditable early retirement public or community... early retirees: however, working in a DoD-registered Federal public service organization may trigger the... early retirement and the date in which the Service member would have attained 20 years of credible...

32 CFR 77.3 - Definitions.

Code of Federal Regulations, 2012 CFR

2012-07-01

..., worship services, or any form of proselytization. (b) Creditable early retirement public or community... early retirees: however, working in a DoD-registered Federal public service organization may trigger the... early retirement and the date in which the Service member would have attained 20 years of credible...

A life course perspective on working beyond retirement-results from a longitudinal study in the Netherlands.

PubMed

de Wind, Astrid; van der Pas, Suzan; Blatter, Birgitte M; van der Beek, Allard J

2016-06-10

There is a societal need that workers prolong their working lives. By adopting a life course perspective, this study aimed to investigate the influence of work motives and motivation, health, job characteristics, skills, and financial and social situation on working beyond retirement, and differences between 'on time' and 'off time' retirees (retirement age 65 and <65 years, respectively). Retirees aged 57 to 67 years (N = 1,054) who participated in the Dutch Study on Transitions in Employment, Ability and Motivation were included in this study. Participants filled out a questionnaire in 2010, 2011, 2012, and 2013. Predictors of working beyond retirement were identified using logistic regression analyses, and stratified analyses were performed to investigate differences between 'off time' and 'on time' retirees. High work engagement (OR = 1.3), good physical health (OR = 1.8), poor financial situation (OR = 2.4), and voluntary work (OR = 1.5) predicted working beyond retirement. For 'off time' retirees, no financial possibility to retire early (OR = 1.8) and not having a partner (OR = 1.9) predicted working beyond retirement. 'On time' retirees reporting more support at work (OR = 0.7) and without the financial possibility to retire early (OR = 0.5), worked beyond retirement less often. The results indicated that especially the motivation to work, physical health and the financial situation were the most relevant aspects with regard to working beyond retirement, which supports the idea that the principle of 'human agency' of the life course perspective is useful to understand factors that impact working beyond retirement. Most aspects of the life course principles of 'linked lives' and 'timing' seemed to be less relevant.

Health insurance take-up by the near-elderly.

PubMed

Buchmueller, Thomas C; Ohri, Sabina

2006-12-01

To examine the effect of price on the demand for health insurance by early retirees between the ages of 55 and 64. Administrative health plan enrollment data from a medium-sized U.S. employer. The analysis takes advantage of a natural experiment created by the firm's health insurance contribution policy. The amount the firm contributes toward retiree health insurance coverage depends on when a person retired and her years of service at that date. As a result of this policy, there is considerable variation in out-of-pocket premiums faced by individuals in the data. This variation is independent of the nonprice attributes of the health insurance plans offered and is plausibly exogenous to individual characteristics that are likely to affect the demand for insurance. A probit model is used to estimate the decision to take-up employer-sponsored health insurance by early retirees between the ages of 55 and 64. Demand for insurance is measured as a function of out-of-pocket premiums and a set of individual characteristics. We find that price has a small but statistically significant effect on the decision to take up coverage. Estimated price elasticities range from -0.10 to -0.16, depending on the sample. The implied elasticities are comparable with results found in previous studies using very different data. Our estimates indicate that policy proposals for a Medicare buy-in or a nongroup tax credit will have a modest impact on take-up rates of near-elderly retirees.

7 CFR 400.175 - Revocation and non-acceptance.

Code of Federal Regulations, 2010 CFR

2010-01-01

... commits any fraudulent or criminal act in relation to the Standard Reinsurance Agreement or any policy... insurer in connection with its qualification for FCIC reinsurance. (b) No policy issued by an insurer subsequent to revocation of a reinsurance agreement will be reinsured by FCIC. Policies in effect at the time...

75 FR 80817 - Office of Consumer Information and Insurance Oversight; Agency Information Collection Activities...

Federal Register 2010, 2011, 2012, 2013, 2014

2010-12-23

... implementing regulations at 45 CFR part 149, employment-based plans that offer health benefits to early retirees and their spouses, surviving spouses and dependents are eligible under a temporary program to...

75 FR 80503 - Emergency Clearance; Public Information Collection Requirements Submitted to the Office of...

Federal Register 2010, 2011, 2012, 2013, 2014

2010-12-22

... Act and implementing regulations at 45 CFR Part 149, employment-based plans that offer health benefits to early retirees and their spouses, surviving spouses and dependents are eligible under a temporary...

A comparative study of three pillars system and banking methods in accounting long-term purposes of retiree in Indonesian saving account

NASA Astrophysics Data System (ADS)

Hasbullah, E. S.; Suyudi, M.; Halim, N. A.; Sukono; Gustaf, F.; Putra, A. S.

2018-03-01

Human productivity is the main capital in economic activity. This main factor leads to the fact that the continuity of human resources in economic sector depends on the limited productivity age. In other word, once the economic agents has reach the limit of the productivity age. Hence they enter the pension state. In this case, the preparation of ‘old-age’ fund become crucial and should be initiated before the pension state to avoid the destitute condition of retiree. Two most simple and familiar methods in preparing the pension fund are The Three Pillars system and banking methods. Here we simulate the both of the methods for the synthetic data of investment program and analyse the result. The result gives the idea that the Three Pillar System has effective prospect in Long-term scheme. However, the banking method is likely adapted to the short-term plan.

The Mental and Physical Health Consequences of Changes in Private Insurance Before and After Early Retirement

PubMed Central

2016-01-01

Objectives. This study evaluated the impact of private insurance coverage on the symptoms of depression, activities of daily living (ADLs), and instrumental activities of daily living (IADLs) in the years leading up to Medicare eligibility focusing on the transition from full-time work to early full retirement. Method. The Health and Retirement Study was used to (a) estimate 2-stage selection equations of (i) the transition to retirement and (ii) current insurance status, and (b) the impact of insurance coverage on health, net of endogeneity associated retirement and insurance coverage. Results. Employment-based insurance coverage was generally associated with better health. Moreover, being without employment-based insurance was particularly problematic during the transition to retirement. Non-group insurance only moderated the association between losing employment-based insurance and IADLs. Discussion. Results indicated that private insurance coverage is an important contextual factor for the health of early retirees. Those who maintain steady coverage tend to fare the best in retirement. This highlights the dynamic nature of changes in health in later life. PMID:25819976

Health Insurance Take-up by the Near-Elderly

PubMed Central

Buchmueller, Thomas C; Ohri, Sabina

2006-01-01

Objective To examine the effect of price on the demand for health insurance by early retirees between the ages of 55 and 64. Data Source Administrative health plan enrollment data from a medium-sized U.S. employer. Study Design The analysis takes advantage of a natural experiment created by the firm's health insurance contribution policy. The amount the firm contributes toward retiree health insurance coverage depends on when a person retired and her years of service at that date. As a result of this policy, there is considerable variation in out-of-pocket premiums faced by individuals in the data. This variation is independent of the nonprice attributes of the health insurance plans offered and is plausibly exogenous to individual characteristics that are likely to affect the demand for insurance. A probit model is used to estimate the decision to take-up employer-sponsored health insurance by early retirees between the ages of 55 and 64. Demand for insurance is measured as a function of out-of-pocket premiums and a set of individual characteristics. Principal Findings We find that price has a small but statistically significant effect on the decision to take up coverage. Estimated price elasticities range from −0.10 to −0.16, depending on the sample. Conclusions The implied elasticities are comparable with results found in previous studies using very different data. Our estimates indicate that policy proposals for a Medicare buy-in or a nongroup tax credit will have a modest impact on take-up rates of near-elderly retirees. PMID:17116109

45 CFR 149.310 - Timing.

Code of Federal Regulations, 2010 CFR

2010-10-01

... an application that references that plan year cycle. Claims for an early retiree for a plan year... provider in the normal course of business does not produce a claim, such as a staff-model health...

The value of adaptive regret management in retirement.

PubMed

Farquhar, Jamie C; Wrosch, Carsten; Pushkar, Dolores; Li, Karen Z H

2013-01-01

This 3-year longitudinal study examined the associations between regret management, everyday activities, and retirement satisfaction among recent retirees. We hypothesized that the regulation of a severe life regret can facilitate activity engagement and retirement satisfaction, but only if retirees manage their regrets adaptively by either increasing effort and commitment when possessing favorable opportunities or disengaging when opportunity is unfavorable. Cross-sectional analyses demonstrated that the highest baseline levels of activity (e.g., volunteering, traveling) and retirement satisfaction were observed among participants who perceived favorable opportunities for addressing their life regrets and had high levels of engagement. Longitudinal analyses showed that this pattern was also associated with increases in activity engagement. In contrast, disengagement protected individuals with unfavorable opportunity from 3-year declines in retirement satisfaction. These findings indicate that adaptive regulation of regrets can both contribute to gains and prevent losses in the early stages of retirement, which may have lasting consequences on retirees' quality of life.

DRB Redirect Page

Science.gov Websites

Navigation Menu Employee Retiree Open Enrollment Home Instructions What's My Plan? Select Benefits Supplemental Benefits FAQs Forms Employee Retiree Publications Employee Retiree FAQs Employee Retiree Open

Consumer-directed health plans: enrollee views, early employer experience.

PubMed

Frates, Janice; Severoni, Ellen

2005-06-01

Consumer-directed health plans (CDHPs) are a new health insurance product that is of growing interest to employers who are struggling to cope with rising health insurance premium costs and to consumers who are desiring more choice and engagement in their health care. This paper presents the results of a study of California consumer awareness of, and attitudes toward, CDHPs in the context of several national surveys and the experiences of some early-adopting employers. California Health Decisions conducted a telephone survey of 800 insured adult California residents in November 2002. Few respondents had heard of CDHPs. They appealed more to younger, single, less educated, and healthier respondents and those who did not understand them well. The most attractive CDHP features were greater provider choice and health savings accounts' portability and flexibility. Concerns centered on personal financial exposure. While CDHPs' commercial market penetration is increasing, their greatest potential future contributions might be to reduce the number of uninsured Americans by offering an affordable health insurance product and to fund additional health services for retirees. As CDHPs further evolve, more consumer involvement in their refinement, implementation, and evaluation is essential.

45 CFR 153.420 - Data collection.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Data collection. 153.420 Section 153.420 Public... Issuer and Group Health Plan Standards Related to the Reinsurance Program § 153.420 Data collection. (a) Data requirement. To be eligible for reinsurance payments, an issuer of a reinsurance-eligible plan...

45 CFR 153.420 - Data collection.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Data collection. 153.420 Section 153.420 Public... Issuer and Group Health Plan Standards Related to the Reinsurance Program § 153.420 Data collection. (a) Data requirement. To be eligible for reinsurance payments, an issuer of a reinsurance-eligible plan...

Pricing index-based catastrophe bonds: Part 1: Formulation and discretization issues using a numerical PDE approach

NASA Astrophysics Data System (ADS)

Unger, André J. A.

2010-02-01

This work is the first installment in a two-part series, and focuses on the development of a numerical PDE approach to price components of a Bermudan-style callable catastrophe (CAT) bond. The bond is based on two underlying stochastic variables; the PCS index which posts quarterly estimates of industry-wide hurricane losses as well as a single-factor CIR interest rate model for the three-month LIBOR. The aggregate PCS index is analogous to losses claimed under traditional reinsurance in that it is used to specify a reinsurance layer. The proposed CAT bond model contains a Bermudan-style call feature designed to allow the reinsurer to minimize their interest rate risk exposure on making substantial fixed coupon payments using capital from the reinsurance premium. Numerical PDE methods are the fundamental strategy for pricing early-exercise constraints, such as the Bermudan-style call feature, into contingent claim models. Therefore, the objective and unique contribution of this first installment in the two-part series is to develop a formulation and discretization strategy for the proposed CAT bond model utilizing a numerical PDE approach. Object-oriented code design is fundamental to the numerical methods used to aggregate the PCS index, and implement the call feature. Therefore, object-oriented design issues that relate specifically to the development of a numerical PDE approach for the component of the proposed CAT bond model that depends on the PCS index and LIBOR are described here. Formulation, numerical methods and code design issues that relate to aggregating the PCS index and introducing the call option are the subject of the companion paper.

32 CFR 77.6 - Procedures.

Code of Federal Regulations, 2010 CFR

2010-07-01

.... Counselors shall update into the Defense Outplacement Referral System (DORS) database Service members..., Section 561. (2) Early retirees must provide a copy of their confirmation DORS mini-resume to their... confirmation DORS mini-resume is filed in the permanent document section of the Service record of Service...

Increasing retention of early career female atmospheric scientists

NASA Astrophysics Data System (ADS)

Edwards, L. M.; Hallar, A. G.; Avallone, L. M.; Thiry, H.

2010-12-01

Atmospheric Science Collaborations and Enriching NeTworks (ASCENT) is a workshop series designed to bring together early career female scientists in the field of atmospheric science and related disciplines. ASCENT uses a multi-faceted approach to provide junior scientists with tools that will help them meet the challenges in their research and teaching career paths and will promote their retention in the field. During the workshop, senior women scientists discuss their career and life paths. They also lead seminars on tools, resources and methods that can help early career scientists to be successful and prepared to fill vacancies created by the “baby boomer” retirees. Networking is a significant aspect of ASCENT, and many opportunities for both formal and informal interactions among the participants (of both personal and professional nature) are blended in the schedule. The workshops are held in Steamboat Springs, Colorado, home of a high-altitude atmospheric science laboratory, Storm Peak Laboratory, which also allows for nearby casual outings and a pleasant environment for participants. Near the conclusion of each workshop, junior and senior scientists are matched in mentee-mentor ratios of two junior scientists per senior scientist. Post-workshop reunion events are held at national scientific meetings to maintain connectivity among each year’s participants, and for collaborating among participants of all workshops held to date. Evaluations of the two workshop cohorts thus far conclude that the workshops have been successful in achieving the goals of establishing and expanding personal and research-related networks, and that seminars have been useful in creating confidence and sharing resources for such things as preparing promotion and tenure packages, interviewing and negotiating job offers, and writing successful grant proposals.

45 CFR 149.100 - Amount of reimbursement.

Code of Federal Regulations, 2010 CFR

2010-10-01

... reimbursement in the amount of 80 percent of the costs for health benefits (net of negotiated price concessions... costs for health benefits net of negotiated price concessions, within the applicable plan year for each... threshold and above the cost limit for any given early retiree, all costs for health benefits paid by the...

45 CFR 149.320 - Universe of claims that must be submitted.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false Universe of claims that must be submitted. 149.320 Section 149.320 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH... Universe of claims that must be submitted. (a) Claims submitted for an early retiree, as defined in § 149.2...

45 CFR 149.320 - Universe of claims that must be submitted.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Universe of claims that must be submitted. 149.320 Section 149.320 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH... Universe of claims that must be submitted. (a) Claims submitted for an early retiree, as defined in § 149.2...

45 CFR 149.320 - Universe of claims that must be submitted.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Universe of claims that must be submitted. 149.320 Section 149.320 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH... Universe of claims that must be submitted. (a) Claims submitted for an early retiree, as defined in § 149.2...

45 CFR 149.320 - Universe of claims that must be submitted.

Code of Federal Regulations, 2011 CFR

2011-10-01

... 45 Public Welfare 1 2011-10-01 2011-10-01 false Universe of claims that must be submitted. 149.320 Section 149.320 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH... Universe of claims that must be submitted. (a) Claims submitted for an early retiree, as defined in § 149.2...

Forest disturbance impacts on residential property values

Treesearch

Robert J. Jr. Huggett; Elizabeth A. Murphy; Thomas P. Holmes

2008-01-01

Natural environments and the amenities they offer have fueled much of the population growth in the rural United States (Deller et al. 2001, English et al. 2000). In fact, the fastest growing counties in the United States during the early 1990s were non-metropolitan counties that were destinations for retirees or that offered outdoor recreation opportunities (Johnson...

26 CFR 1.817-4 - Special rules.

Code of Federal Regulations, 2011 CFR

2011-04-01

... company reinsures (or sells) all of its insurance contracts of a particular type, such as an entire... facts in each case (such as age, health, and sex of the insured, type of contract reinsured, etc.) and...

26 CFR 1.817-4 - Special rules.

Code of Federal Regulations, 2013 CFR

2013-04-01

... company reinsures (or sells) all of its insurance contracts of a particular type, such as an entire... facts in each case (such as age, health, and sex of the insured, type of contract reinsured, etc.) and...

26 CFR 1.817-4 - Special rules.

Code of Federal Regulations, 2014 CFR

2014-04-01

... company reinsures (or sells) all of its insurance contracts of a particular type, such as an entire... facts in each case (such as age, health, and sex of the insured, type of contract reinsured, etc.) and...

26 CFR 1.817-4 - Special rules.

Code of Federal Regulations, 2012 CFR

2012-04-01

... company reinsures (or sells) all of its insurance contracts of a particular type, such as an entire... facts in each case (such as age, health, and sex of the insured, type of contract reinsured, etc.) and...

7 CFR 400.175 - Revocation and non-acceptance.

Code of Federal Regulations, 2011 CFR

2011-01-01

... Agriculture Regulations of the Department of Agriculture (Continued) FEDERAL CROP INSURANCE CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement-Standards for Approval; Regulations for the 1997 and Subsequent Reinsurance Years § 400.175 Revocation and non-acceptance. (a) FCIC...

75 FR 76950 - Submission for OMB Review; Comment Request

Federal Register 2010, 2011, 2012, 2013, 2014

2010-12-10

... number. Risk Management Agency Title: Standard Reinsurance Agreement Plan of Operations. OMB Control... insurance providers that insure producers of any agricultural commodity under one or more plans acceptable... provide subsidy and reinsurance on eligible crop insurance. The Plan of Operation provides the information...

7 CFR 400.161 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... accordance with Statutory Accounting Principles and submitted to the state insurance department if required... reinsured specifies the reinsurance options it wishes to use, its marketing plan, and similar information as... statement of an insurer prepared in accordance with Statutory Accounting Principles and submitted to the...

Midlife work ability and mobility limitation in old age among non-disability and disability retirees--a prospective study.

PubMed

von Bonsdorff, Monika E; Rantanen, Taina; Törmäkangas, Timo; Kulmala, Jenni; Hinrichs, Timo; Seitsamo, Jorma; Nygård, Clas-Håkan; Ilmarinen, Juhani; von Bonsdorff, Mikaela B

2016-02-16

Little is known about the wellbeing and mobility limitation of older disability retirees. Personal and environmental factors, such as time spent in working life, may either exacerbate or mitigate the onset of mobility limitation in general population. We aimed to study perceived midlife work ability as a determinant of self-reported mobility limitation in old age among municipal employees who transitioned into non-disability and disability retirement. 4329 participants of the Finnish Longitudinal Study of Municipal Employees (FLAME) had retired during January 1985 and July 2000. They had data on retirement, perceived work ability in 1985, and self-reported mobility limitation (non-disability retirement n = 2870, men 39%; and diagnose-specific disability retirement n = 1459, men 48%). Self-reported mobility was measured in 1985, 1992, 1997 and 2009. The latest score available was used to assess the number of mobility limitation. Work ability was measured by asking the respondents to evaluate their current work ability against their lifetime best in 1985. Incidence rate ratios (IRRs) and 95% confidence intervals (CIs) for work ability predicting mobility limitation in non-disability and diagnose-specific disability retirement groups were calculated using Poisson regression models. The prevalence of mobility limitation for those who transitioned into non-disability retirement (Incidence Rate, IR = 0.45, 95% CI = 0.44-0.46) was lower compared to those who retired due to disability (IR = 0.65, CI = 0.63-0.66). A one-point increase in the work ability score decreased the risk for having one more mobility limitation among non-disability and all diagnose-specific retirement groups (musculoskeletal disease, cardiovascular disease, mental disorder, and other diseases). Better midlife work ability may protect from old age mobility limitation among those who retire due to non-disability and disability. Promoting work ability in midlife may lead to more independent, active

5 CFR 831.651 - Commencing and terminating dates of survivor annuities.

Code of Federal Regulations, 2013 CFR

2013-01-01

... the day after death of the employee, Member, or retiree. (b)(1) A current spouse annuity begins to...) For annuities under § 831.683, on the later of the day after date of death of the retiree or the first... States Code, on the later of the day after the date of death of the employee, Member, or retiree or the...

5 CFR 831.651 - Commencing and terminating dates of survivor annuities.

Code of Federal Regulations, 2011 CFR

2011-01-01

... the day after death of the employee, Member, or retiree. (b)(1) A current spouse annuity begins to...) For annuities under § 831.683, on the later of the day after date of death of the retiree or the first... States Code, on the later of the day after the date of death of the employee, Member, or retiree or the...

5 CFR 831.651 - Commencing and terminating dates of survivor annuities.

Code of Federal Regulations, 2010 CFR

2010-01-01

... the day after death of the employee, Member, or retiree. (b)(1) A current spouse annuity begins to...) For annuities under § 831.683, on the later of the day after date of death of the retiree or the first... States Code, on the later of the day after the date of death of the employee, Member, or retiree or the...

5 CFR 831.651 - Commencing and terminating dates of survivor annuities.

Code of Federal Regulations, 2014 CFR

2014-01-01

... the day after death of the employee, Member, or retiree. (b)(1) A current spouse annuity begins to...) For annuities under § 831.683, on the later of the day after date of death of the retiree or the first... States Code, on the later of the day after the date of death of the employee, Member, or retiree or the...

5 CFR 831.651 - Commencing and terminating dates of survivor annuities.

Code of Federal Regulations, 2012 CFR

2012-01-01

... the day after death of the employee, Member, or retiree. (b)(1) A current spouse annuity begins to...) For annuities under § 831.683, on the later of the day after date of death of the retiree or the first... States Code, on the later of the day after the date of death of the employee, Member, or retiree or the...

26 CFR 46.4371-4 - Records required with respect to foreign insurance policies.

Code of Federal Regulations, 2010 CFR

2010-04-01

... reinsurance subject to tax under section 4371(3); (3) the identity of the insured (as defined in section 4372(d)); (4) the identity of the foreign insurer or reinsurer (as defined in section 4372(a)); and (5... be kept on file at the place of business or at some other convenient location, for a period of at...

26 CFR 1.817-4 - Special rules.

Code of Federal Regulations, 2010 CFR

2010-04-01

... adjustments for certain changes in reserves and assets). (d) Certain other reinsurance transactions. (1) For... consideration, shall be treated as an item of gross amount under section 809(c)(3). (ii) In connection with an... reinsured in any such taxable year as an item of gross amount under section 809(c)(1), and (B) Treat any...

Pensions: worker coverage and retirement income, 1984.

PubMed

Nelson, C T

1987-09-01

The 4th wave topical module to the 1984 panel of the Survey of Income and Program Participation, conducted September through December of 1984, contained supplemental questions on both pension eligibility of the working population and on characteristics of persons receiving retirement income. This report presents findings based on these supplemental questions. The prevalence of pension coverage among different segments of the population, the reliance on employee-directed retirement plans, and differences in the level of economic well-being of today's retirees are some of the topics discussed in this report. Some highlights of the data follow. 1) In 1984, 52.7 million (67.1%) of wage and salary workers were covered by an employer-sponsored pension plan. 2) The pension coverage rate of workers with monthly earnings of $500 was 37.8%; the pension coverage rate of workers with monthly earnings of $2000 or more was 84.1%. 3) Employees of larger firms were far more likely to be covered by an employee-sponsored pension plan than employees of smaller firms, 4) In 1984, 16.3 million wage and salary workers contributed to Individual Retirement Accounts. The pension coverage rate of these workers was 75.8%. 5) About 6.1% of all wage and salary workers participated in employer-sponsored thrift plans, known as 401(k) plans. 6) 72.1% of workers are covered by either an employer-sponsored pension, IRA, or 401 (k) plan. 7) There were 11.5 million retirees receiving pension benefits in August 1984. Their average monthly pension income was $570. 8) 66.4% of all retirees receiving pension benefits were male; male retirees received about $670 per month, while females received $370. 9) Retirees younger than 65 received significantly more pension income than those over 65. Older retirees were much more likely to be receiving Social Security benefits in addition to their pensions. 10) 19.6% of the 11.5 million retirement pension recipients completed 4 or more years of college. Their mean

Evolution of seismic risk management for insurance over the past 30 years

NASA Astrophysics Data System (ADS)

Shah, Haresh C.; Dong, Weimin; Stojanovski, Pane; Chen, Alex

2018-01-01

During the past 30 years, there has been spectacular growth in the use of risk analysis and risk management tools developed by engineers in the financial and insurance sectors. The insurance, the reinsurance, and the investment banking sectors have enthusiastically adopted loss estimation tools developed by engineers in developing their business strategies and for managing their financial risks. As a result, insurance/reinsurance strategy has evolved as a major risk mitigation tool in managing catastrophe risk at the individual, corporate, and government level. This is particularly true in developed countries such as US, Western Europe, and Japan. Unfortunately, it has not received the needed attention in developing countries, where such a strategy for risk management is most needed. Fortunately, in the last five years, there has been excellent focus in developing "InsurTech" tools to address the much needed "Insurance for the Masses", especially for the Asian Markets. In the earlier years of catastrophe model development, risk analysts were mainly concerned with risk reduction options through engineering strategies, and relatively little attention was given to financial and economic strategies. Such state-of-affairs still exists in many developing countries. The new developments in the science and technologies of loss estimation due to natural catastrophes have made it possible for financial sectors to model their business strategies such as peril and geographic diversification, premium calculations, reserve strategies, reinsurance contracts, and other underwriting tools. These developments have not only changed the way in which financial sectors assess and manage their risks, but have also changed the domain of opportunities for engineers and scientists. This paper will address the issues related to developing insurance/reinsurance strategies to mitigate catastrophe risks and describe the role catastrophe risk insurance and reinsurance has played in managing

5 CFR 841.708 - Special provisions affecting retired military reserve technicians.

Code of Federal Regulations, 2011 CFR

2011-01-01

... the bar against COLA increases for retirees under age 62. (b) Military reserve technicians have... disqualification was for nonmedical reasons. OPM will inform these retirees that they will not receive COLA's until...

5 CFR 841.708 - Special provisions affecting retired military reserve technicians.

Code of Federal Regulations, 2013 CFR

2013-01-01

... the bar against COLA increases for retirees under age 62. (b) Military reserve technicians have... disqualification was for nonmedical reasons. OPM will inform these retirees that they will not receive COLA's until...

5 CFR 841.708 - Special provisions affecting retired military reserve technicians.

Code of Federal Regulations, 2014 CFR

2014-01-01

... the bar against COLA increases for retirees under age 62. (b) Military reserve technicians have... disqualification was for nonmedical reasons. OPM will inform these retirees that they will not receive COLA's until...

5 CFR 841.708 - Special provisions affecting retired military reserve technicians.

Code of Federal Regulations, 2012 CFR

2012-01-01

... the bar against COLA increases for retirees under age 62. (b) Military reserve technicians have... disqualification was for nonmedical reasons. OPM will inform these retirees that they will not receive COLA's until...

Comparing replacement rates under private and federal retirement systems.

PubMed

Martin, Patricia P

One measure of the adequacy of retirement income is replacement rate - the percentage of pre-retirement salary that is available to a worker in retirement. This article compares salary replacement rates for private-sector employees of medium and large private establishments with those for federal employees under the Civil Service Retirement System and the Federal Employees Retirement System. Because there is no standard benefit formula to represent the variety of formulas available in the private sector, a composite defined benefit formula was developed using the characteristics of plans summarized in the Bureau of Labor Statistics Medium and Large Employer Plan Survey. The resulting "typical" private-sector defined benefit plan, with an accompanying defined contribution plan, was then compared with the two federal systems. The Civil Service Retirement System (CSRS) is a stand-alone defined benefit plan whose participants are not covered by Social Security. Until passage of the 1983 Amendments to Social Security Act, it was the only retirement plan for most federal civilian employees. Provisions of the 1983 Amendments were designed to restore long-term financial stability to the Social Security trust funds. One provision created the Federal Employees Retirement System (FERS), which covers federal employees hired after 1983. It was one of the provisions designed to restore long-term financial stability to the Social Security trust funds. FERS employees contribute to and are covered by Social Security. FERS, which is a defined benefit plan, also includes a basic benefit and a 401(k)-type plan known as the Thrift Savings Plan (TSP). To compare how retirees would fare under the three different retirement systems, benefits of employees retiring at age 65 with 35 years of service were calculated using hypothetical workers with steady earnings. Workers were classified according to a percentage of the average wage in the economy: low earners (45 percent), average earners

5 CFR 831.2205 - Computation of alternative form of annuity.

Code of Federal Regulations, 2010 CFR

2010-01-01

... equal to the retiree's lump-sum credit divided by the present value factor for the retiree's attained... Register announcing any proposed adjustments in present value factors at least 30 days before the effective...

Pricing index-based catastrophe bonds: Part 2: Object-oriented design issues and sensitivity analysis

NASA Astrophysics Data System (ADS)

Unger, André J. A.

2010-02-01

This work is the second installment in a two-part series, and focuses on object-oriented programming methods to implement an augmented-state variable approach to aggregate the PCS index and introduce the Bermudan-style call feature into the proposed CAT bond model. The PCS index is aggregated quarterly using a discrete Asian running-sum formulation. The resulting aggregate PCS index augmented-state variable is used to specify the payoff (principle) on the CAT bond based on reinsurance layers. The purpose of the Bermudan-style call option is to allow the reinsurer to minimize their interest rate risk exposure on making fixed coupon payments under prevailing interest rates. A sensitivity analysis is performed to determine the impact of uncertainty in the frequency and magnitude of hurricanes on the price of the CAT bond. Results indicate that while the CAT bond is highly sensitive to the natural variability in the frequency of landfalling hurricanes between El Ninõ and non-El Ninõ years, it remains relatively insensitive to uncertainty in the magnitude of damages. In addition, results indicate that the maximum price of the CAT bond is insensitive to whether it is engineered to cover low frequency high magnitude events in a 'high' reinsurance layer relative to high frequency low magnitude events in a 'low' reinsurance layer. Also, while it is possible for the reinsurer to minimize their interest rate risk exposure on the fixed coupon payments, the impact of this risk on the price of the CAT bond appears small relative to the natural variability in the CAT bond price, and consequently catastrophic risk, due to uncertainty in the frequency and magnitude of landfalling hurricanes.

Demand elasticities and service selection incentives among competing private health plans.

PubMed

Ellis, Randall P; Martins, Bruno; Zhu, Wenjia

2017-12-01

We examine selection incentives by health plans while refining the selection index of McGuire et al. (2014) to reflect not only service predictability and predictiveness but also variation in cost sharing, risk-adjusted profits, profit margins, and newly-refined demand elasticities across 26 disaggregated types of service. We contrast selection incentives, measured by service selection elasticities, across six plan types using privately-insured claims data from 73 large employers from 2008 to 2014. Compared to flat capitation, concurrent risk adjustment reduces the elasticity by 47%, prospective risk adjustment by 43%, simple reinsurance system by 32%, and combined concurrent risk adjustment with reinsurance by 60%. Reinsurance significantly reduces the variability of individual-level profits, but increases the correlation of expected spending with profits, which strengthens selection incentives. Copyright © 2017 Elsevier B.V. All rights reserved.

[EMPLOYMENT OF THE ELDERLY PEOPLE IN THE EUROPEAN UNION AND UKRAINE: REALITIES, PROBLEMS AND PROSPECTS].

PubMed

Prokopenko, N A

2016-01-01

The study focuses on the issue of older people employment in the European Union and Ukraine. We analyzed the relationship of employment for older people and their income, of employment and of the value of index of social capital, life expectancy and income after retirement. It is shown that the employment rate of older people increased even during the economic crisis. The author has outlined the main causes of employment and the fields of activity of retirees. The basic reasons of employment are financial motives. However, motivation does not come from financial necessity, but because of work satisfaction in countries such as Denmark, Austria, Sweden. The main scope of employment of retirees in Ukraine is the industrial sector, but in the EU working retirees 65+ are engaged in agriculture, forestry and fishing sector, self-employment widespread among retirees. The author has outlined the basic directions of pension policy.

Evaluation Study of the Exploratory Visit: An Innovative Outreach Activity of the ILGWU's Friendly Visiting Program

ERIC Educational Resources Information Center

Wright, Holly; And Others

1977-01-01

The exploratory visit to recent retirees, an outreach component of the International Ladies Garment Workers Union Friendly Visiting Program, was evaluated. A post-test only control group effect study revealed exploratory visits were effective in establishing a link between the program and the retiree. (Author)

Portfolio choice in retirement: Health risk and the demand for annuities, housing, and risky assets*

PubMed Central

Yogo, Motohiro

2016-01-01

In a life-cycle model, a retiree faces stochastic health depreciation and chooses consumption, health expenditure, and the allocation of wealth between bonds, stocks, and housing. The model explains key facts about asset allocation and health expenditure across health status and age. The portfolio share in stocks is low overall and is positively related to health, especially for younger retirees. The portfolio share in housing is negatively related to health for younger retirees and falls significantly in age. Finally, out-of-pocket health expenditure as a share of income is negatively related to health and rises in age. PMID:27766005

Portfolio choice in retirement: Health risk and the demand for annuities, housing, and risky assets.

PubMed

Yogo, Motohiro

2016-06-01

In a life-cycle model, a retiree faces stochastic health depreciation and chooses consumption, health expenditure, and the allocation of wealth between bonds, stocks, and housing. The model explains key facts about asset allocation and health expenditure across health status and age. The portfolio share in stocks is low overall and is positively related to health, especially for younger retirees. The portfolio share in housing is negatively related to health for younger retirees and falls significantly in age. Finally, out-of-pocket health expenditure as a share of income is negatively related to health and rises in age.

The Value of Adaptive Regret Management in Retirement

ERIC Educational Resources Information Center

Farquhar, Jamie C.; Wrosch, Carsten; Pushkar, Dolores; Li, Karen Z. H.

2013-01-01

This 3-year longitudinal study examined the associations between regret management, everyday activities, and retirement satisfaction among recent retirees. We hypothesized that the regulation of a severe life regret can facilitate activity engagement and retirement satisfaction, but only if retirees manage their regrets adaptively by either…

42 CFR 423.882 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-10-01

... qualifying covered retiree under the plan. Benefit option means a particular benefit design, category of benefits, or cost-sharing arrangement offered within a group health plan. Employment-based retiree health... the foregoing, including a health benefits plan offered under chapter 89 of Title 5, United States...

5 CFR 831.603 - Definitions.

Code of Federal Regulations, 2011 CFR

2011-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under CSRS that is payable (after the employee's, Member's, or retiree's death) to a current spouse who meets the... payment or an adjustment check) after OPM has initially adjudicated the regular rate of annuity payable...

5 CFR 831.603 - Definitions.

Code of Federal Regulations, 2012 CFR

2012-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under CSRS that is payable (after the employee's, Member's, or retiree's death) to a current spouse who meets the... payment or an adjustment check) after OPM has initially adjudicated the regular rate of annuity payable...

5 CFR 831.603 - Definitions.

Code of Federal Regulations, 2014 CFR

2014-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under CSRS that is payable (after the employee's, Member's, or retiree's death) to a current spouse who meets the... payment or an adjustment check) after OPM has initially adjudicated the regular rate of annuity payable...

5 CFR 831.603 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under CSRS that is payable (after the employee's, Member's, or retiree's death) to a current spouse who meets the... payment or an adjustment check) after OPM has initially adjudicated the regular rate of annuity payable...

5 CFR 831.603 - Definitions.

Code of Federal Regulations, 2013 CFR

2013-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under CSRS that is payable (after the employee's, Member's, or retiree's death) to a current spouse who meets the... payment or an adjustment check) after OPM has initially adjudicated the regular rate of annuity payable...

Analyzing the Impact of Refunding Postretirement Benefits other than Pensions (PRB) on Department of Defense Contracting

DTIC Science & Technology

1993-06-01

eligibles plus non-3ligibles equals total active employees) Several key concepts provide the foundation for SFAS 106 PRB accrual costs: Expected...will lump-together dependents and survivors along with current retirees in a category called simply "retirees". 40 EXHIBIT 8 PRB Acturial Assumptions a

Verification of Employment (VOE)

Science.gov Websites

Science Programs Applied Energy Programs Civilian Nuclear Energy Programs Laboratory Directed Research Service Academies Research Associates (SARA) Postdocs, Students Employee, Retiree Resources Benefits New employees need to show a photo ID. Employee, Retiree Resources Benefits Plan Reports & Notices

Back to Work: Expectations and Realizations of Work after Retirement

ERIC Educational Resources Information Center

Maestas, Nicole

2010-01-01

This paper analyzes a puzzling aspect of retirement behavior known as "unretirement." Nearly 50 percent of retirees follow a nontraditional retirement path that involves partial retirement or unretirement, and at least 26 percent of retirees later unretire. I explore two possible explanations: (1) unretirement transitions result from failures in…

5 CFR 841.702 - Definitions.

Code of Federal Regulations, 2011 CFR

2011-01-01

... of this chapter and payable to retirees. Basic employee death benefit means the basic employee death... receiving a recurring benefit under FERS that is payable (after the employee's, Members, or retiree's death... COLA begin to accrue at the higher rate. FERS means the Federal Employees Retirement System as defined...

5 CFR 843.102 - Definitions.

Code of Federal Regulations, 2013 CFR

2013-01-01

... EMPLOYEES RETIREMENT SYSTEM-DEATH BENEFITS AND EMPLOYEE REFUNDS General Provisions § 843.102 Definitions. In this part— Accrued benefit means the accrued, unpaid annuity payable after the death of a retiree... death of an employee, separated employee, or retiree) made to a current or former spouse of a deceased...

5 CFR 842.602 - Definitions.

Code of Federal Regulations, 2013 CFR

2013-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under FERS that is payable (after the employee's, Member's or retiree's death) to a current spouse who meets the... initially adjudicated the regular rate of annuity payable under FERS and has paid the annuity accrued since...

5 CFR 843.102 - Definitions.

Code of Federal Regulations, 2011 CFR

2011-01-01

... EMPLOYEES RETIREMENT SYSTEM-DEATH BENEFITS AND EMPLOYEE REFUNDS General Provisions § 843.102 Definitions. In this part— Accrued benefit means the accrued, unpaid annuity payable after the death of a retiree... death of an employee, separated employee, or retiree) made to a current or former spouse of a deceased...

5 CFR 842.602 - Definitions.

Code of Federal Regulations, 2011 CFR

2011-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under FERS that is payable (after the employee's, Member's or retiree's death) to a current spouse who meets the... initially adjudicated the regular rate of annuity payable under FERS and has paid the annuity accrued since...

5 CFR 843.102 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... EMPLOYEES RETIREMENT SYSTEM-DEATH BENEFITS AND EMPLOYEE REFUNDS General Provisions § 843.102 Definitions. In this part— Accrued benefit means the accrued, unpaid annuity payable after the death of a retiree... death of an employee, separated employee, or retiree) made to a current or former spouse of a deceased...

5 CFR 842.602 - Definitions.

Code of Federal Regulations, 2014 CFR

2014-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under FERS that is payable (after the employee's, Member's or retiree's death) to a current spouse who meets the... initially adjudicated the regular rate of annuity payable under FERS and has paid the annuity accrued since...

5 CFR 843.102 - Definitions.

Code of Federal Regulations, 2014 CFR

2014-01-01

... EMPLOYEES RETIREMENT SYSTEM-DEATH BENEFITS AND EMPLOYEE REFUNDS General Provisions § 843.102 Definitions. In this part— Accrued benefit means the accrued, unpaid annuity payable after the death of a retiree... death of an employee, separated employee, or retiree) made to a current or former spouse of a deceased...

5 CFR 842.602 - Definitions.

Code of Federal Regulations, 2012 CFR

2012-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under FERS that is payable (after the employee's, Member's or retiree's death) to a current spouse who meets the... initially adjudicated the regular rate of annuity payable under FERS and has paid the annuity accrued since...

5 CFR 841.702 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... of this chapter and payable to retirees. Basic employee death benefit means the basic employee death... receiving a recurring benefit under FERS that is payable (after the employee's, Members, or retiree's death... COLA begin to accrue at the higher rate. FERS means the Federal Employees Retirement System as defined...

5 CFR 842.602 - Definitions.

Code of Federal Regulations, 2010 CFR

2010-01-01

... employee's, Member's, or retiree's death. Current spouse annuity means a recurring benefit under FERS that is payable (after the employee's, Member's or retiree's death) to a current spouse who meets the... initially adjudicated the regular rate of annuity payable under FERS and has paid the annuity accrued since...

5 CFR 841.702 - Definitions.

Code of Federal Regulations, 2013 CFR

2013-01-01

... of this chapter and payable to retirees. Basic employee death benefit means the basic employee death... receiving a recurring benefit under FERS that is payable (after the employee's, Members, or retiree's death... COLA begin to accrue at the higher rate. FERS means the Federal Employees Retirement System as defined...

5 CFR 843.102 - Definitions.

Code of Federal Regulations, 2012 CFR

2012-01-01

... EMPLOYEES RETIREMENT SYSTEM-DEATH BENEFITS AND EMPLOYEE REFUNDS General Provisions § 843.102 Definitions. In this part— Accrued benefit means the accrued, unpaid annuity payable after the death of a retiree... death of an employee, separated employee, or retiree) made to a current or former spouse of a deceased...

5 CFR 841.702 - Definitions.

Code of Federal Regulations, 2014 CFR

2014-01-01

... of this chapter and payable to retirees. Basic employee death benefit means the basic employee death... receiving a recurring benefit under FERS that is payable (after the employee's, Members, or retiree's death... COLA begin to accrue at the higher rate. FERS means the Federal Employees Retirement System as defined...

Understanding legacy liabilities

DOE Office of Scientific and Technical Information (OSTI.GOV)

Ossi, G.J.

2005-08-01

Among the most immediate issues facing operations with a workforce represented by the United Mine Workers of America (UMWA) are the so-called 'legacy liabilities'. Legacy liabilities fall under two categories: retiree health care and pension. The retiree health benefit obligations fall into two categories; statutory - those created under the Coal Industry Retiree Health Benefit Act of 1992 and contractual - the 1993 Employer Benefit Plan and the Individual Employer Plans. The pension liabilities are more straightforward; there are three different retirement plans in the NBCWA; the UMWA 1950 Pension Plan, the UMWA 1974 Pension Plan and the UMWA Cashmore » Deferred Savings Plan of 1988.« less

Meeting Intergenerational Needs through Service Learning

ERIC Educational Resources Information Center

Natvig, Deborah

2007-01-01

This service-learning project provided a venue for university students majoring in business administration to learn about the successful aging process while contributing to a positive quality of life for retirees living in a Continuing Care Retirement Community (CCRC). The project provided the retirees an opportunity to learn computer skills that…

Civic Engagement as a Retirement Role for Aging Americans

ERIC Educational Resources Information Center

Kaskie, Brian; Imhof, Sara; Cavanaugh, Joseph; Culp, Kennith

2008-01-01

Purpose: Public attention directed toward the civic engagement of retired Americans has increased considerably. The purpose of this research was to define civic engagement as a retirement role and differentiate individuals who met this role definition from other retirees. Design and Methods: Retirees who met our definition of civic engagement were…

20 CFR 422.601 - Scope and purpose.

Code of Federal Regulations, 2012 CFR

2012-04-01

... Under the Coal Industry Retiree Health Benefit Act of 1992 § 422.601 Scope and purpose. The regulations... assignments it makes under provisions of the Coal Industry Retiree Health Benefit Act of 1992 (the Coal Act... the annual health and death benefit premiums for these beneficiaries as well as the annual premiums...

20 CFR 422.601 - Scope and purpose.

Code of Federal Regulations, 2014 CFR

2014-04-01

... Under the Coal Industry Retiree Health Benefit Act of 1992 § 422.601 Scope and purpose. The regulations... assignments it makes under provisions of the Coal Industry Retiree Health Benefit Act of 1992 (the Coal Act... the annual health and death benefit premiums for these beneficiaries as well as the annual premiums...

20 CFR 422.601 - Scope and purpose.

Code of Federal Regulations, 2011 CFR

2011-04-01

... Under the Coal Industry Retiree Health Benefit Act of 1992 § 422.601 Scope and purpose. The regulations... assignments it makes under provisions of the Coal Industry Retiree Health Benefit Act of 1992 (the Coal Act... the annual health and death benefit premiums for these beneficiaries as well as the annual premiums...

Alaska Division of Retirement and Benefits

Science.gov Websites

Enrollment Retiree News View All Headlines Legislation Programs Defined Contribution Defined Benefit Health ; Brochures Division Headlines Get My RIN ADA Accessibility Retiree Health Plan Advisory Board Welcome to and TRS CAFRs are now available online. 2017 CAFR Health and Wellness Services The Coalition Health

The Transition to Retirement: Accounts of Husbands and Wives.

ERIC Educational Resources Information Center

Vinick, Barbara H.; Ekerdt, David J.

Retirement is recognized as a family experience, affecting retirees, their spouses, and their children. This study examined how the retirement transition affects the middle class, healthy, and financially secure male retiree and his wife. In-depth interviews were conducted with 92 couples from the Boston area in which the husband had been retired…

Quality of life in relation to upper and lower respiratory conditions among retired 9/11-exposed firefighters with pulmonary disability.

PubMed

Berninger, Amy; Webber, Mayris P; Weakley, Jessica; Gustave, Jackson; Zeig-Owens, Rachel; Lee, Roy; Al-Othman, Fairouz; Cohen, Hillel W; Kelly, Kerry; Prezant, David J

2010-12-01

To examine health-related quality of life (HRQoL) and World Trade Center (WTC) cough syndrome conditions in male firefighters who retired due to a 9/11-related pulmonary disability. From 3/1/2008 to 1/31/2009, we contacted 275 disability-retired firefighters and compared their HRQoL and current aerodigestive conditions to those from WTC-exposed non-disabled retired and active firefighters. Relationships between HRQoL and explanatory variable(s) were examined using multivariable linear regression models. Mean physical component summary (PCS) scores were lowest in disabled retirees compared with non-disabled retirees and actives: 36.4 (9.6), 49.4 (8.7), and 53.1 (5.1), respectively (P < 0.0001). Mean mental component summary (MCS) scores were closer: 44.5 (11.9), 48.1 (8.5), and 48.7 (7.4), respectively (P < 0.0001). In multivariable models, after adjustment for many factors, PCS scores were not associated with early WTC arrival, but were inversely associated with disability retirement and all WTC cough syndrome conditions. MCS scores were inversely associated with early WTC arrival and most WTC cough syndrome conditions, but were not associated with disability retirement. WTC cough syndrome conditions predict lower HRQoL scores even 8 years after exposure, independent of retirement status. These data suggest that monitoring physical conditions of individuals with occupational exposures might help identify those at risk for impaired HRQoL.

Michigan's Public Educator Retirement System--On the Road to Bankruptcy: A Legal Analysis of Michigan

ERIC Educational Resources Information Center

Geier, Brett A.

2016-01-01

Since 1980, Michigan retirees have been afforded health care benefits for which they were required to pay 10 percent of the premium upon retirement--the remainder was paid for by the state. Recently, the Michigan Legislature reduced the financial obligation of the State for retiree health care benefits, placing it on the individual member. In…

The Accuracy of Older and Younger Australians' Understanding of Mental Health and Aging.

ERIC Educational Resources Information Center

Peterson, Candida C.

1993-01-01

Administered quiz about positive and negative aspects of mental health in old age to 250 Australian adults (ages 17-81). Retirees scored lowest, with no significant differences among younger students versus nonstudents. Age was more important mediator of retirees' low scores than was gender, living with older person, or self-definition as retired.…

Retirement is associated with change in self-esteem.

PubMed

Bleidorn, Wiebke; Schwaba, Ted

2018-05-07

We examined the course of self-esteem during the transition to retirement in a sample of 690 retirees (ages 51-81) and a propensity-score matched-comparison group of 515 nonretirees drawn from a nationally representative longitudinal study in the Netherlands. The average retiree decreased in self-esteem in the 5 years before retirement and remained stable in self-esteem in the 5 years following retirement. We also found significant individual differences in retirees' self-esteem trajectories but failed to identify moderators that may account for these individual differences. We discuss the implications of these results for theory and future research on life span self-esteem development. (PsycINFO Database Record (c) 2018 APA, all rights reserved).

Health Benefits 101: The University of Kentucky's Effort to Improve Lives, Control Costs and Offer a Sustainable Benefits Package

ERIC Educational Resources Information Center

Payne, Joey

2008-01-01

A few years ago, the University of Kentucky found itself faced with unsustainable trends in retiree health care costs, as well as the rising cost of health care in general. This article provides an overview of the process and decisions made by the University of Kentucky to effect positive change in its health benefits for employees, retirees and…

5 CFR 843.404 - Proof of adoption.

Code of Federal Regulations, 2010 CFR

2010-01-01

... Proof of adoption. (a) An adopted child is— (1) A child adopted by the employee or retiree before the... petition for adoption was filed by the employee or retiree and who is adopted by the current spouse of the... status as an adopted child under paragraph (a)(1) of this section is a copy of the judicial decree of...

5 CFR 831.683 - Annuities for former spouses of employees or Members retired before May 7, 1985.

Code of Federal Regulations, 2013 CFR

2013-01-01

... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... spouse to certify under the penalty provided by section 1001 of title 18, United States Code, that he or...

5 CFR 831.683 - Annuities for former spouses of employees or Members retired before May 7, 1985.

Code of Federal Regulations, 2012 CFR

2012-01-01

... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... spouse to certify under the penalty provided by section 1001 of title 18, United States Code, that he or...

5 CFR 831.683 - Annuities for former spouses of employees or Members retired before May 7, 1985.

Code of Federal Regulations, 2014 CFR

2014-01-01

... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... spouse to certify under the penalty provided by section 1001 of title 18, United States Code, that he or...

5 CFR 831.683 - Annuities for former spouses of employees or Members retired before May 7, 1985.

Code of Federal Regulations, 2010 CFR

2010-01-01

... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... spouse to certify under the penalty provided by section 1001 of title 18, United States Code, that he or...

5 CFR 831.683 - Annuities for former spouses of employees or Members retired before May 7, 1985.

Code of Federal Regulations, 2011 CFR

2011-01-01

... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... death, and was eligible to retire at the time of death), is entitled, after the death of the retiree... spouse to certify under the penalty provided by section 1001 of title 18, United States Code, that he or...

Strengthening the weak link: Built Environment modelling for loss analysis

NASA Astrophysics Data System (ADS)

Millinship, I.

2012-04-01

Methods to analyse insured losses from a range of natural perils, including pricing by primary insurers and catastrophe modelling by reinsurers, typically lack sufficient exposure information. Understanding the hazard intensity in terms of spatial severity and frequency is only the first step towards quantifying the risk of a catastrophic event. For any given event we need to know: Are any structures affected? What type of buildings are they? How much damaged occurred? How much will the repairs cost? To achieve this, detailed exposure information is required to assess the likely damage and to effectively calculate the resultant loss. Modelling exposures in the Built Environment therefore plays as important a role in understanding re/insurance risk as characterising the physical hazard. Across both primary insurance books and aggregated reinsurance portfolios, the location of a property (a risk) and its monetary value is typically known. Exactly what that risk is in terms of detailed property descriptors including structure type and rebuild cost - and therefore its vulnerability to loss - is often omitted. This data deficiency is a primary source of variations between modelled losses and the actual claims value. Built Environment models are therefore required at a high resolution to describe building attributes that relate vulnerability to property damage. However, national-scale household-level datasets are often not computationally practical in catastrophe models and data must be aggregated. In order to provide more accurate risk analysis, we have developed and applied a methodology for Built Environment modelling for incorporation into a range of re/insurance applications, including operational models for different international regions and different perils and covering residential, commercial and industry exposures. Illustrated examples are presented, including exposure modelling suitable for aggregated reinsurance analysis for the UK and bespoke high resolution

Majalaya Flood Early Warning System: A Community Based Approach

NASA Astrophysics Data System (ADS)

Junnaedhi, I. Dewa Gede A.; Riawan, Edi; Suwarman, Rusmawan; Wahyu Hadi, Tri; Lubis, Atika; Joko Trilaksono, Nurjanna; Rahayu, Rahmawati; Kombara, PrawiraYudha; Waskito, Riki; Ekalaya Oktora, Hendra; Supriatna, Rahmat; Anugrah, Aan; Haq Mudzakkir, Abdul; Setiawan, Wawar

2017-06-01

Majalaya, a small city to the south-east of Bandung, was hit by flood almost every year. From January to June 2016, up to 5 severe floods and 4 moderate floods have hit this city. Although it usually not last for long, but the flood stream could be very rapid, thus have a high potential to bring damage to the city. Starting from 2012, ITB through Weather and Climate Prediction Laboratory (WCPL) has support Garda Caah (flood watcher society in Majalaya) with weather prediction system. In the late 2015, ITB also enhancing Garda Caah observation system by installing several Automatic Weather Station (AWS) and Automatic Water Level Recorder (AWLR) throughout Majalaya upstream area. The instruments itself was supported by a re-insurance company MAIPARK and some was built in house by WCPL. The collaboration between ITB, Garda Caah, and Majalaya citizens has been proved to be mutually beneficial. Garda Caah could get more accurate and faster observation and enhanced knowledge, thus could provide a better flood warning for Majalaya citizens. On the other hand, ITB could get data from observation network, with more efficient way to maintain observation instruments as it done by Garda Caah and other Majalaya citizens.

Strategic Analysis and Associated Management Products Supporting the Reengineering of Bayne-Jones Army Community Hospital: Consultative Products and Findings.

DTIC Science & Technology

1998-04-01

Members (ADFM); 3,182 retirees; 5,064 family members of retired military; and 846 survivors (TDA, 1997). The Active Duty population artificially includes...that real- world casualty collection, evacuation, and treatment is conducted seamlessly while simulated medical processes are conducted intelligently ...Strategie Analysis 34 BJACH METL +Provide quality, cost-effective healthcare to the nation’s soldiers, their families, and to retirees and their families

Eyeglass Benefits: Consideration of Frame of Choice for Retired Service Members

DTIC Science & Technology

2009-04-20

20100329217 t. ABSTRACT ’he Department of Defense (DoD) provides basic eyewear to our nation’s military members. .Ithough not specifically entitled under...Title X, military retirees historically also receive tandard issue eyewear . The military’s Frame of Choice (FOC) program currently benefits the...current fiscal environment. . SUBJECT TERMS ^eglasses, Frame of Choice, Retiree, Service Members, Entitlements, Eyewear , snefit, Optometry, Optical

Administrative costs for advance payment of health coverage tax credits: an initial analysis.

PubMed

Dorn, Stan

2007-03-01

Health Coverage Tax Credits (HCTCs), created under the Trade Act of 2002, pay 65 percent of health insurance premiums for certain workers displaced by international trade and early retirees. These credits can be paid directly to insurers when monthly premiums are due, in advance of annual tax return filing. While HCTC administrative costs have fallen significantly since program start-ups, they still comprise approximately 34 percent of total spending. Changes to the HCTC program could lower administrative costs, but the size of the resulting savings is unknown. These findings have important implications for any future tax credit plan intended to cover the uninsured.

Military Benefits for Former Spouses: Legislation and Policy Issues

DTIC Science & Technology

2017-03-06

cost of a survivor benefit . The USFSPA provides that members or retirees may voluntarily elect to name a former spouse as beneficiary for divorces...more). Therefore, the beneficiary of the life insurance policy will continue to benefit , while the entire cost of the policy is borne by the retiree...Military Benefits for Former Spouses: Legislation and Policy Issues Kristy N. Kamarck Analyst in Military Manpower March 6, 2017

An Analysis of Military Disability Compensation

DTIC Science & Technology

2005-01-01

injured in the workplace. The study also compares the civilian labor market outcomes of disabled retirees with those of similar other retirees who are not...earning potential in the civilian sector. This study shows small differences in labor market outcomes (participation and earnings) between disabled and...encouragement of this study . Robert Tinney of the Defense Manpower Data Center provided valuable advice and informa- tion about the 2003 Survey of Retired

Restructuring Employee Benefits to Meet Health Care Needs in Retirement.

PubMed

Ward, Richard M; Weinman, Robert B

2015-01-01

Health care expenses in retirement are the proverbial elephant in the room. Most employees don't know how big the elephant is. As Medicare solvency and retiree health care issues receive increasing attention, it is time to rethink overall benefit approaches and assess what is appropriate and affordable for an organization to help achieve workforce renewal goals and solve delayed retirement challenges. Just as Medicare was never designed to cover all of the post-65 retiree health care costs, neither is a workplace retirement plan designed to cover 100% of preretiree income. Now employers can consider strategies that may better equip retirees to meet both income needs and health care expenses in the most tax-efficient way. By combining defined contribution retirement and health care plans, employers have the power to increase benefits for employees while maintaining total benefits cost.

Military Personnel. Military and Civilian Pay Comparisons Present Challenges and Are One of Many Tools in Assessing Compensation

DTIC Science & Technology

2010-04-01

generally determined by the results of a series of tests that measure word knowledge, paragraph comprehension, arithmetic reasoning, and mathematics ...significant cost to the department, according to the department’s Office of the Actuary , only 15 percent of enlisted and 47 percent of officers become...to value retiree health care as it did retiree pension, DOD’s Office of the Actuary is required by statute to review valuations of the fund and to

Articulating Value: A framework for Evaluating Military Retirement Alternatives

DTIC Science & Technology

2012-11-30

Retirement System (MRS) is expensive. In FY2010, the US Government spent over $50 Billion on military retirement (DoD Office of the Actuary , Valuation...SBP is shared by the retiree and the government, thus it is not self- sustaining (DoD Office of the Actuaries , Valuation, 43-48). 1.3 Methodology...the military retirement fund and the cash paid to retirees during the year exceeded $50 billion (DoD Office of the Actuary , Valuation, 19-20). The

The role of familiarity in daily well-being: developmental and cultural variation.

PubMed

Oishi, Shigehiro; Kurtz, Jaime L; Miao, Felicity F; Park, Jina; Whitchurch, Erin

2011-11-01

The present study examined life stage and cultural differences in the degree to which familiarity of one's physical location and interaction partner is associated with daily well-being. Participants reported all the activities they engaged in and how they felt during these activities on a previous day using the Day Reconstruction Method (Kahneman, Krueger, Schkade, Schwarz, & Stone, 2004). Both Korean and American retirees were happier when in a familiar place than in an unfamiliar place, whereas the reverse was true for both Korean and American working adults. In addition, we found cultural differences in the role of familiarity of the interaction partner. Specifically, Koreans (both retirees and working adults) were substantially happier when they interacted with a familiar person than when they interacted with an unfamiliar person. In contrast, Americans (both retirees and working adults) were no happier with a familiar person than with an unfamiliar person.

Pew Memorial Trust policy synthesis: 2. Postretirement health benefits.

PubMed Central

Dopkeen, J C

1987-01-01

One-fourth of all those over 65 have some form of employer-provided retirement medical benefits. For these retirees and dependents, having this medical coverage may mean the difference between retirement security and ruin; but for employers, providing it could mean serious financial strain or even a threat to survival. The unfunded liability for retirement medical coverage has been variously projected from +100 billion to nearly +2 trillion. Continuing corporate concerns over the costs of health care, and recent changes in federal policies regarding Medicare and the taxation of employee benefit funds, threaten to alter the system of postretirement health benefits substantially and perhaps irrevocably for many. Employers are being forced to reassess their retiree commitments. Some corporations have undertaken to modify and even eliminate postretirement medical coverage for those over 65. These changes will affect not only the corporations involved and their retirees, but also the national and state governments to whom retirees may turn for additional assistance in meeting their health care needs. The purpose of this synthesis is to explain the issue of postretirement health benefits (PRHBs) for both public and private sector policymakers who will be most involved with this issue over the next five years. The analysis identifies the issues involved, considers the dimensions of the problem, and attempts to assess the implications for the future. PMID:3106266

Employment status among the Singapore elderly and its correlates.

PubMed

Tan, Min-En; Sagayadevan, Vathsala; Abdin, Edimansyah; Picco, Louisa; Vaingankar, Janhavi; Chong, Siow Ann; Subramaniam, Mythily

2017-05-01

It has been hypothesized that working beyond retirement age may have a protective effect on various aspects of well-being in the elderly. This paper aims to examine the relationship between employment status of elderly Singaporeans and indicators of well-being. As part of the Well-being of the Singapore Elderly study, data relating to sociodemographics, social networks, medical history, physical activity, cognitive function, and disability were collected from 2534 participants aged 60 years and older. Participants included full-time workers (n = 483), part-time workers (n = 205), the unemployed (n = 32), homemakers (n = 808), and retirees (n = 1006). The data were analyzed by multiple logistic regression. Likelihood of being employed decreased with age, and employment was higher among men. Paid workers had significantly higher levels of physical activity, more extensive social networks, better cognitive function, less disability, and lower risk of dementia than retirees and homemakers. Paid workers had significantly lower chronic disease burden than retirees and rated their health to be better than retirees and the unemployed. These findings show that meaningful employment is associated with better psychological and physiological well-being among the elderly, highlighting the importance of studying likely protective effects of employment and creating employment opportunities for elderly Singaporeans. © 2016 The Authors. Psychogeriatrics © 2016 Japanese Psychogeriatric Society.

Planning for Retirement: Longitudinal Effect on Retirement Resources and Post-retirement Well-being

PubMed Central

Yeung, Dannii Y.; Zhou, Xiaoyu

2017-01-01

Retirement is a major life event, and a positive adjustment to retirement is essential for maintaining physical and psychological well-being in later life. Previous research demonstrates that pre-retirement planning predicts post-retirement well-being. This study further explores the underlying mechanism between planning activities and post-retirement well-being. By applying the resource-based dynamic model (Wang et al., 2011), the present longitudinal study examines whether pre-retirement planning activities can increase the total resources of retirees, including tangible, mental and social resources, and consequently contribute to better psychological and physical well-being 1 year after actual retirement. A total of 118 Hong Kong Chinese retirees completed three assessments: Time 1 assessment was conducted 6 months before retirement, and Times 2 and 3 assessments were carried out 6 and 12 months, respectively, after retirement. Latent growth models were employed to examine changes in retirement resources and post-retirement well-being over time. Consistent with the proposition of the resource-based dynamic model, positive changes in well-being were observed in the retirees with increases in retirement resources between pre- and post-retirement phases. The results of the latent growth mediation models also support our prediction: retirees with more preparatory activities before retirement acquire greater resources at the initial stage, which contribute to positive changes in post-retirement well-being over time. PMID:28798716

How do retirement dynamics influence mental well-being in later life? A 10-year panel study.

PubMed

Dingemans, Ellen; Henkens, Kène

2015-01-01

Empirical studies have consistently shown the negative impact of involuntary retirement on mental well-being. However, few studies have thus far investigated the degree to which post-retirement work affects late-life outcomes. The present study improves our understanding of the impact of retirement on the self-efficacy and life satisfaction among older adults by focusing on the combined impact of retirement voluntariness and participation in post-retirement work. By using panel data on retirement behavior in the Netherlands, we estimate fixed effects and multilevel models to explain (intra-)individual changes in self-efficacy and life satisfaction over a 10-year period in which most participants made the transition to retirement. The results indicate that involuntary retirement is associated with decreases in both self-efficacy and life satisfaction in later life. Whereas involuntary retirees who participate in bridge jobs show no changes in life satisfaction, those involuntary retirees without bridge jobs experience a decline in life satisfaction. In addition, we found enhanced levels of life satisfaction for voluntary retirees in bridge employment. The association with self-efficacy was less pronounced. These results suggest that the characteristics of the retirement process influence changes in mental well-being in later life. Specifically, bridge employment alleviates the negative consequences of involuntary retirement and even seems to enhance post-retirement well-being for voluntary retirees.

Planning for Retirement: Longitudinal Effect on Retirement Resources and Post-retirement Well-being.

PubMed

Yeung, Dannii Y; Zhou, Xiaoyu

2017-01-01

Retirement is a major life event, and a positive adjustment to retirement is essential for maintaining physical and psychological well-being in later life. Previous research demonstrates that pre-retirement planning predicts post-retirement well-being. This study further explores the underlying mechanism between planning activities and post-retirement well-being. By applying the resource-based dynamic model (Wang et al., 2011), the present longitudinal study examines whether pre-retirement planning activities can increase the total resources of retirees, including tangible, mental and social resources, and consequently contribute to better psychological and physical well-being 1 year after actual retirement. A total of 118 Hong Kong Chinese retirees completed three assessments: Time 1 assessment was conducted 6 months before retirement, and Times 2 and 3 assessments were carried out 6 and 12 months, respectively, after retirement. Latent growth models were employed to examine changes in retirement resources and post-retirement well-being over time. Consistent with the proposition of the resource-based dynamic model, positive changes in well-being were observed in the retirees with increases in retirement resources between pre- and post-retirement phases. The results of the latent growth mediation models also support our prediction: retirees with more preparatory activities before retirement acquire greater resources at the initial stage, which contribute to positive changes in post-retirement well-being over time.

Capturing spatial and temporal patterns of widespread, extreme flooding across Europe

NASA Astrophysics Data System (ADS)

Busby, Kathryn; Raven, Emma; Liu, Ye

2013-04-01

Statistical characterisation of physical hazards is an integral part of probabilistic catastrophe models used by the reinsurance industry to estimate losses from large scale events. Extreme flood events are not restricted by country boundaries which poses an issue for reinsurance companies as their exposures often extend beyond them. We discuss challenges and solutions that allow us to appropriately capture the spatial and temporal dependence of extreme hydrological events on a continental-scale, which in turn enables us to generate an industry-standard stochastic event set for estimating financial losses for widespread flooding. By presenting our event set methodology, we focus on explaining how extreme value theory (EVT) and dependence modelling are used to account for short, inconsistent hydrological data from different countries, and how to make appropriate statistical decisions that best characterise the nature of flooding across Europe. The consistency of input data is of vital importance when identifying historical flood patterns. Collating data from numerous sources inherently causes inconsistencies and we demonstrate our robust approach to assessing the data and refining it to compile a single consistent dataset. This dataset is then extrapolated using a parameterised EVT distribution to estimate extremes. Our method then captures the dependence of flood events across countries using an advanced multivariate extreme value model. Throughout, important statistical decisions are explored including: (1) distribution choice; (2) the threshold to apply for extracting extreme data points; (3) a regional analysis; (4) the definition of a flood event, which is often linked with reinsurance industry's hour's clause; and (5) handling of missing values. Finally, having modelled the historical patterns of flooding across Europe, we sample from this model to generate our stochastic event set comprising of thousands of events over thousands of years. We then briefly

Reflections on Women's Retirement.

PubMed

Karpen, Ruth Ray

2017-02-01

Popular literature often claims that baby boom women will "redefine" retirement, and there is some evidence in the gerontological literature that this may be true. However, considerably more research needs to be done on this generation of retirees. The author, a baby boomer herself, draws on recent research on retirement and her own experiences in early retirement to examine what a "good retirement" might mean, considering the diversity of baby boomers, the range of their experiences, and their relationship to work. © The Author 2016. Published by Oxford University Press on behalf of The Gerontological Society of America. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

Reaching out to retirees.

PubMed

Adigozel, Ozgur; Huber, Celia; Lewis, Greg; Singhal, Shubham

2006-01-01

The numbers pertaining to the approaching demographic boom in health-care-related expenditures are eye-popping: Health-related financial products to help retiring baby boomers deal with out-of-pocket costs alone will generate up to 80 billion dollars in revenues and 8-12 billion dollars in pre-tax profits by 2014. But health insurers will have to refocus their efforts if they want to take full advantage of this opportunity. (For more, see "Turning Subscribers Into Customers: The Future Is Now" in the July/August issue, the first in this two-part series.) Two areas are critical: product innovation to provide comprehensive solutions that meet seniors' needs more effectively, and advice-based distribution that creates privileged customer relationships.

Retirement and cognitive development in the Netherlands: Are the retired really inactive?

PubMed

de Grip, Andries; Dupuy, Arnaud; Jolles, Jelle; van Boxtel, Martin

2015-12-01

This paper uses longitudinal data to analyze the relation between retirement and cognitive development in the Netherlands. Controlling for individual fixed effects and lagged cognition, we find that retirees face lower declines in their cognitive flexibility than those who remain employed, which appears to be persistent 6 years after retirement. However, the information processing speed of low-educated retirees declines faster. The magnitude of both changes in cognition is such that retirees appear 5-6 years younger in terms of cognitive flexibility, and older in terms of information processing speed. We show that these relationships between retirement and cognitive development cannot be explained by (1) feeling relieved from routine work, (2) changes in mood, (3) changes in lifestyle, and (4) changes in blood pressure. The decline in information processing speed after retirement particularly holds for the low educated. This could increase the social costs of an aging society. Copyright © 2015 Elsevier B.V. All rights reserved.

Retirement and drinking outcomes: lingering effects of workplace stress?

PubMed

Richman, Judith A; Zlatoper, Kenneth W; Zackula Ehmke, Jennifer L; Rospenda, Kathleen M

2006-05-01

This study assesses the degree to which sexual harassment (SH), generalized workplace abuse (GWA), and psychological workload (PWL) impact drinking behaviors in retirement. A mail survey was completed at four points in time by a cohort of 1654 employees initially drawn from a university workplace. Questionnaires assessed experiences of SH, GWA, PWL and drinking behaviors. Hypotheses were tested involving (1) the extent to which SH, GWA, and PWL experienced while working were associated with frequency and quantity of drinking in retirement, (2) the extent to which drinking levels of retirees differed from those of current employees experiencing similar stress levels, and (3) the extent to which gender moderated these relationships. Retirees reporting earlier stressful work environments report higher levels of alcohol consumption during retirement compared to those retirees reporting less stressful earlier work environments. Gender moderated these relationships. The findings of this study suggest that there may be a residual effect of workplace stress during retirement.

From cyclone tracks to the costs of European winter storms: A probabilistic loss assessment model

NASA Astrophysics Data System (ADS)

Renggli, Dominik; Corti, Thierry; Reese, Stefan; Wueest, Marc; Viktor, Elisabeth; Zimmerli, Peter

2014-05-01

The quantitative assessment of the potential losses of European winter storms is essential for the economic viability of a global reinsurance company. For this purpose, reinsurance companies generally use probabilistic loss assessment models. This work presents an innovative approach to develop physically meaningful probabilistic events for Swiss Re's new European winter storm loss model. The meteorological hazard component of the new model is based on cyclone and windstorm tracks identified in the 20th Century Reanalysis data. The knowledge of the evolution of winter storms both in time and space allows the physically meaningful perturbation of properties of historical events (e.g. track, intensity). The perturbation includes a random element but also takes the local climatology and the evolution of the historical event into account. The low-resolution wind footprints taken from 20th Century Reanalysis are processed by a statistical-dynamical downscaling to generate high-resolution footprints of the historical and probabilistic winter storm events. Downscaling transfer functions are generated using ENSEMBLES regional climate model data. The result is a set of reliable probabilistic events representing thousands of years. The event set is then combined with country- and risk-specific vulnerability functions and detailed market- or client-specific exposure information to compute (re-)insurance risk premiums.

Retiree health benefits-vesting of welfare benefits-early retirement-duty to bargain-termination of benefits-estoppel.

PubMed

2010-01-01

Poore v. Simpson Paper Co., 2009 U.S. App. LEXIS 11170 (9th Cir. Or. May 21, 2009). To be able to sue under ERISA, retirement health plan participants need not show that their benefits are vested the same way pension benefits are vested; the rights to the benefits need not be fixed or unalterable, rather, the employee must have an entitlement to the benefits.

26 CFR 1.846-0 - Outline of provisions.

Code of Federal Regulations, 2011 CFR

2011-04-01

...) INCOME TAXES (CONTINUED) Other Insurance Companies § 1.846-0 Outline of provisions. The following is a... factors. (iii) Annual statement changes. (2) Title insurance company reserves. (3) Reinsurance business...

Savings needed to fund health insurance and health care expenses in retirement: findings from a simulation model.

PubMed

Fronstin, Paul; Salisbury, Dallas; VanDerhei, Jack

2008-05-01

MODELING RETIREE HEALTH COSTS: This Issue Brief examines the uncertainty of health care expenses in retirement by using a Monte Carlo simulation model to estimate the amount of savings needed to cover health insurance premiums and out-of-pocket health care expenses. This type of simulation is able to account for the uncertainty related to individual mortality and rates of return, and computes the present value of the savings needed to cover health insurance premiums and out-of-pocket expenses in retirement. These observations were used to determine asset targets for having adequate savings to cover retiree health costs 50, 75, and 90 percent of the time. NOT ENOUGH SAVINGS: Many individuals will need more money than the amounts reported in this Issue Brief because this analysis does not factor in the savings needed to cover long-term care expenses, nor does it take into account the fact that many individuals retire prior to becoming eligible for Medicare. However, some workers will need to save less than what is reported if they keep working in retirement and receive health benefits as active workers. WHO HAS RETIREE HEALTH BENEFITS BEYOND MEDICARE?: About 12 percent of private-sector employers report offering any Medicare supplemental health insurance. This increases to about 40 percent among large employers. Overall, nearly 22 percent of retirees age 65 and older had retiree health benefits in 2005 to supplement Medicare coverage. As recently as 2006, 53 percent of retirees age 65 and older were covered by Medicare Part D, 24 percent had outpatient prescription drug coverage through an employment-based plan. Only 10 percent had no prescription drug coverage. INDIVIDUALLY PURCHASED MEDICARE SUPPLEMENTS, 2008: Among those who purchase Medigap and Medicare Part D prescription drug coverage at age 65 in 2008, men would need between $79,000 and $159,000 with median prescription drug expenses (50th percentile and 90th percentiles, respectively), and between $156

The shift from defined benefit pensions to 401(k) plans and the pension assets of the baby boom cohort

PubMed Central

Poterba, James; Venti, Steven; Wise, David A.

2007-01-01

The rise of 401(k) plans and the decline of defined benefit plans will have an important effect on the wealth of future retirees. Changing demographic structure also will affect the aggregate stock of retirement wealth. We project the stock of assets held in retirement plans and the average retirement saving of retirees through 2040. Our projections show large increases in wealth at retirement, especially if the returns on corporate equities are comparable with historical returns. Retirement wealth will grow, however, even if equity returns fall substantially below their historical level. PMID:17686989

48 CFR 2152.231-70 - Accounting and allowable cost.

Code of Federal Regulations, 2010 CFR

2010-10-01

... firm that ascribes to the standards of the American Institute of Certified Public Accountants. The... include, but are not limited to, taxes, service charges to reinsurers, the cost of investigation and...

Predictors of working beyond retirement in older workers with and without a chronic disease - results from data linkage of Dutch questionnaire and registry data.

PubMed

de Wind, Astrid; Scharn, Micky; Geuskens, Goedele A; van der Beek, Allard J; Boot, Cécile R L

2018-02-17

An increasing number of retirees continue to work beyond retirement despite being eligible to retire. As the prevalence of chronic disease increases with age, working beyond retirement may go along with having a chronic disease. Working beyond retirement may be different for retirees with and without chronic disease. We aim to investigate whether demographic, socioeconomic and work characteristics, health and social factors predict working beyond retirement, in workers with and without a chronic disease. Employees aged 56-64 years were selected from the Study on Transitions in Employment, Ability and Motivation (N = 1125). Questionnaire data on demographic and work characteristics, health, social factors, and working beyond retirement were linked to registry data from Statistics Netherlands on socioeconomic characteristics. Separate prediction models were built for retirees with and without chronic disease using multivariate logistic regression analyses. Workers without chronic disease were more likely to work beyond retirement compared to workers with chronic disease (27% vs 23%). In retirees with chronic disease, work and health factors predicted working beyond retirement, while in retirees without a chronic disease, work, health and social factors predicted working beyond retirement. In the final model for workers with chronic disease, healthcare work, better physical health, higher body height, lower physical load and no permanent contract were positively predictive of working beyond retirement. In the final model for workers without chronic disease, feeling full of life and being intensively physically active for > = 2 days per week were positively predictive of working beyond retirement; while manual labor, better recovery, and a partner who did not support working until the statutory retirement age, were negatively predictive of working beyond retirement. Work and health factors independently predicted working beyond retirement in workers with and

Academic productivity after retirement in pediatric neurology and neuropathology.

PubMed

Sarnat, Harvey B

2018-05-25

Many academic neurologists and neuropathologists who retire at the peak of their careers continue to be productive in research and teaching, enhanced by years of experience and mature perspective. The early 20th-century model of institutions depending upon the generosity of such individuals to donate their time and efforts without proper recognition or compensation, despite the service, prestige, and recognition they bring to their institutions, should be reconsidered in the early 21st century in the context of fairness, honesty, dignity, and increased longevity. University pensions do not distinguish retirees who continue to contribute from those who stop working. This essay represents the author's personal reflections and experience, reinforced by similar thoughts and encouragement by numerous distinguished colleagues named at the end of the text. Funding of stipends for active emeritus professors lacks precedent but should be sought. © 2018 American Academy of Neurology.

Access to Bridge Employment: Who Finds and Who Does Not Find Work After Retirement?

PubMed

Dingemans, Ellen; Henkens, Kène; Solinge, Hanna van

2016-08-01

Empirical studies on the determinants of bridge employment have often neglected the fact that some retirees may be unsuccessful in finding a bridge job. We present an integrative framework that emphasizes socioeconomic factors, health status, social context, and psychological factors to explain why some people fully retired after career exit, some participated in bridge jobs, while others unsuccessfully searched for one. Using Dutch panel data for 1,221 retirees, we estimated a multinomial logit model to explain participation in, and unsuccessful searches for, bridge employment. About 1 in 4 retirees participated in bridge employment after retirement, while 7% searched unsuccessfully for such work. Particularly those who experienced involuntary career exit were found to have a higher probability of being unsuccessful at finding bridge employment. The current study provides evidence for the impact of the social context on postretirement work and suggests a cumulative disadvantage in the work domain in later life. © The Author 2015. Published by Oxford University Press on behalf of The Gerontological Society of America. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

Shifting responsibility to workers: the future of retirement adequacy in the United States.

PubMed

Steinberg, Allen; Lucas, Lori

2004-01-01

While many 401(k) participants at large companies can expect replacement of nearly 100% of preretirement income, not all workers participate in their 401(k) plan. Moreover, the authors show that even among participants, the extent of retirement preparedness depends on defined benefit (DB) plan coverage and retiree medical benefit generosity. Given recent trends in the elimination of DB plans and retiree medical subsidies and the voluntary nature of 401(k) participation, retirement income responsibility is increasingly shifting to workers. The authors discuss how employers might help workers meet their retirement income needs in this changing environment.

26 CFR 1.953-6 - Relationship of sections 953 and 954.

Code of Federal Regulations, 2010 CFR

2010-04-01

... is attributable to the reinsuring or the issuing of any insurance or annuity contracts in connection... share of each and every item of investment yield set aside for policyholders; it is not material that in...

Risk management assessment of Health Maintenance Organisations participating in the National Health Insurance Scheme

PubMed Central

Campbell, Princess Christina; Korie, Patrick Chukwuemeka; Nnaji, Feziechukwu Collins

2014-01-01

Background: The National Health Insurance Scheme (NHIS), operated majorly in Nigeria by health maintenance organisations (HMOs), took off formally in June 2005. In view of the inherent risks in the operation of any social health insurance, it is necessary to efficiently manage these risks for sustainability of the scheme. Consequently the risk-management strategies deployed by HMOs need regular assessment. This study assessed the risk management in the Nigeria social health insurance scheme among HMOs. Materials and Methods: Cross-sectional survey of 33 HMOs participating in the NHIS. Results: Utilisation of standard risk-management strategies by the HMOs was 11 (52.6%). The other risk-management strategies not utilised in the NHIS 10 (47.4%) were risk equalisation and reinsurance. As high as 11 (52.4%) of participating HMOs had a weak enrollee base (less than 30,000 and poor monthly premium and these impacted negatively on the HMOs such that a large percentage 12 (54.1%) were unable to meet up with their financial obligations. Most of the HMOs 15 (71.4%) participated in the Millennium development goal (MDG) maternal and child health insurance programme. Conclusions: Weak enrollee base and poor monthly premium predisposed the HMOs to financial risk which impacted negatively on the overall performance in service delivery in the NHIS, further worsened by the non-utilisation of risk equalisation and reinsurance as risk-management strategies in the NHIS. There is need to make the scheme compulsory and introduce risk equalisation and reinsurance. PMID:25298605

Retiree Health Coverage Protection Act

THOMAS, 112th Congress

Sen. Kerry, John F. [D-MA

2011-05-26

Senate - 05/26/2011 Read twice and referred to the Committee on Health, Education, Labor, and Pensions. (All Actions) Tracker: This bill has the status IntroducedHere are the steps for Status of Legislation:

Retiree Obligations Cloud Fiscal Horizon

ERIC Educational Resources Information Center

McNeil, Michele

2008-01-01

Even as they grapple with budget pressures from a sagging national economy, states are being forced to make tough decisions on how they will cope with an even more severe longterm fiscal concern: a projected price tag pushing $3 trillion to pay the pensions and health insurance of retired teachers and other government employees. Those commitments…

Retirement and relevant contemplation.

PubMed

Khan, H U; Latif, S A

2010-01-01

Retirement literally means withdrawing from the service. The retirement age varies from country to country, generally between 55 and 70 years. There are many effects of retirement upon retirees. The physical and mental health may be disrupted or decline or may remain unaffected. Early retirement have an increased mortality than those who retired lately. Mandatory retirement is applicable to certain occupation like military personnel and airline pilot. Life after retirement from service may have many options like retired community, charities, tourism, and care for grand children or devote to a hobby or sports. The responsibilities of the Government, family and society are the key for the betterment of retired persons. Staying healthy, maintaining social support, spiritual life, good finance and making daily routine prevent stress after retirement.

45 CFR 153.10 - Basis and scope.

Code of Federal Regulations, 2012 CFR

2012-10-01

... RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT General... program for individual market in each State. (3) Section 1342. Establishment of risk corridors for plans... risk corridors program, and a permanent risk adjustment program. ...

45 CFR 153.10 - Basis and scope.

Code of Federal Regulations, 2014 CFR

2014-10-01

... RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT General... program for individual market in each State. (3) Section 1342. Establishment of risk corridors for plans... risk corridors program, and a permanent risk adjustment program. ...

45 CFR 153.10 - Basis and scope.

Code of Federal Regulations, 2013 CFR

2013-10-01

... RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT General... program for individual market in each State. (3) Section 1342. Establishment of risk corridors for plans... risk corridors program, and a permanent risk adjustment program. ...

How does health insurance affect the retirement behavior of women?

PubMed

Kapur, Kanika; Rogowski, Jeannette

2011-01-01

The availability of health insurance is a crucial factor in the retirement decision. Women are substantially less likely to have health insurance from their own employment. Using the Health and Retirement Study, we examine the role of employer-provided retiree health insurance in the retirement decisions of single women, and women in single-earner and dual-earner couples. We compare the effect of health insurance on female and male retirement. Our results show that retiree health insurance increases retirement for all groups except single men. We find suggestive evidence that the role of health insurance for women hinges on their husbands' labor force status.

New directions for public health care purchasers? Responses to looming challenges.

PubMed

McKethan, Aaron; Gitterman, Daniel; Feezor, Allen; Enthoven, Alain

2006-01-01

State public employee health plans (PEHPs) provide health benefits for millions of state and local workers, retirees, and their dependents nationwide. This paper explores major issues and challenges that PEHP leaders and state policymakers are addressing. These include the perennial challenge of funding benefits for a diverse and aging workforce; new accounting standards affecting public employers; and the changing relationship between states, retired public employees, and the Medicare program. Interviews with PEHP executives explored whether these are incremental challenges to which states can effectively adapt, or whether these challenges will catalyze broader and lasting change in the public employee and retiree health benefits arena.

7 CFR 400.167 - Limitations on Corporation's obligations.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 6 2013-01-01 2013-01-01 false Limitations on Corporation's obligations. 400.167... INSURANCE CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement... Corporation's obligations. The Agreement will include the following among the limitations on the obligations...

7 CFR 400.167 - Limitations on Corporation's obligations.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 6 2011-01-01 2011-01-01 false Limitations on Corporation's obligations. 400.167... INSURANCE CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement... Corporation's obligations. The Agreement will include the following among the limitations on the obligations...

7 CFR 400.167 - Limitations on Corporation's obligations.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 6 2012-01-01 2012-01-01 false Limitations on Corporation's obligations. 400.167... INSURANCE CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement... Corporation's obligations. The Agreement will include the following among the limitations on the obligations...

7 CFR 400.167 - Limitations on Corporation's obligations.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 6 2014-01-01 2014-01-01 false Limitations on Corporation's obligations. 400.167... INSURANCE CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement... Corporation's obligations. The Agreement will include the following among the limitations on the obligations...

7 CFR 400.167 - Limitations on Corporation's obligations.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Limitations on Corporation's obligations. 400.167... INSURANCE CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement... Corporation's obligations. The Agreement will include the following among the limitations on the obligations...

76 FR 60602 - Proposed Collection of Information: Annual Letters-Certificates of Authority (A) and Admitted...

Federal Register 2010, 2011, 2012, 2013, 2014

2011-09-29

...--Certificates of Authority (A) and Admitted Reinsurer (B) AGENCY: Financial Management Service, Fiscal Service, Treasury. ACTION: Notice and request for comments. SUMMARY: The Financial Management Service, as part of... notice, the Financial Management Service solicits comments concerning the ``Annual Letters-- Certificates...

Everything You Ought to Know About the Liability Insurance Crisis but Didn't Know How to Ask.

ERIC Educational Resources Information Center

Direnfeld-Michael, Bonnie; Michael, David R.

1987-01-01

A great deal of the current liability insurance crisis can be attributed to the industry itself. This article discusses insurance cyles, cash flow underwriting, reinsurance, company "capacity", rates determination, "claims-made" coverage of accidents, and regulation of the industry. (JD)

Assessment of global flood exposures - developing an appropriate approach

NASA Astrophysics Data System (ADS)

Millinship, Ian; Booth, Naomi

2015-04-01

Increasingly complex probabilistic catastrophe models have become the standard for quantitative flood risk assessments by re/insurance companies. On the one hand, probabilistic modelling of this nature is extremely useful; a large range of risk metrics can be output. However, they can be time consuming and computationally expensive to develop and run. Levels of uncertainty are persistently high despite, or perhaps because of, attempts to increase resolution and complexity. A cycle of dependency between modelling companies and re/insurers has developed whereby available models are purchased, models run, and both portfolio and model data 'improved' every year. This can lead to potential exposures in perils and territories that are not currently modelled being largely overlooked by companies, who may then face substantial and unexpected losses when large events occur in these areas. We present here an approach to assessing global flood exposures which reduces the scale and complexity of approach used and begins with the identification of hotspots where there is a significant exposure to flood risk. The method comprises four stages: i) compile consistent exposure information, ii) to apply reinsurance terms and conditions to calculate values exposed, iii) to assess the potential hazard using a global set of flood hazard maps, and iv) to identify potential risk 'hotspots' which include considerations of spatially and/or temporally clustered historical events, and local flood defences. This global exposure assessment is designed as a scoping exercise, and reveals areas or cities where the potential for accumulated loss is of significant interest to a reinsurance company, and for which there is no existing catastrophe model. These regions are then candidates for the development of deterministic scenarios, or probabilistic models. The key advantages of this approach will be discussed. These include simplicity and ability of business leaders to understand results, as well as

77 FR 32178 - Fiscal Service

Federal Register 2010, 2011, 2012, 2013, 2014

2012-05-31

... of the Treasury, Financial Management Service, Financial Accounting and Services Division, Surety... Carrico, Director, Financial Accounting and Services Division. [FR Doc. 2012-13044 Filed 5-30-12; 8:45 am...: Alterra Reinsurance USA, Inc. AGENCY: Financial Management Service, Fiscal Service, Department of the...

Captive insurance: is it the right choice for your insurance exposures?

PubMed

Frese, Richard C

2015-12-01

Potential benefits of a captive insurance company include: Broader coverage Improved cash flow and stability. Direct access to reinsurance markets. Tax advantages. Better handling and control of risk management and claims. Potential drawbacks and challenges include: Startup capitalization. Underwriting losses. Administration and commitment.

76 FR 60788 - Patient Protection and Affordable Care Act; Establishment of Exchanges and Qualified Health Plans...

Federal Register 2010, 2011, 2012, 2013, 2014

2011-09-30

... for health insurance issuers related to reinsurance, risk corridors, and risk adjustment consistent... marketplaces for individuals and small employers to directly compare available private health insurance options... January 1, 2014, would help enhance competition in the health insurance market, improve choice of...

7 CFR 457.146 - Northern potato crop insurance-storage coverage endorsement.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 6 2014-01-01 2014-01-01 false Northern potato crop insurance-storage coverage... Northern potato crop insurance—storage coverage endorsement. The Northern Potato Crop Insurance Storage... for insurance provider) Both FCIC and reinsured policies: Northern Potato Crop Insurance Storage...

7 CFR 457.146 - Northern potato crop insurance-storage coverage endorsement.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 6 2012-01-01 2012-01-01 false Northern potato crop insurance-storage coverage... Northern potato crop insurance—storage coverage endorsement. The Northern Potato Crop Insurance Storage... for insurance provider) Both FCIC and reinsured policies: Northern Potato Crop Insurance Storage...

7 CFR 457.143 - Northern potato crop insurance-quality endorsement.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 6 2013-01-01 2013-01-01 false Northern potato crop insurance-quality endorsement... Northern potato crop insurance—quality endorsement. The Northern Potato Crop Insurance Quality Endorsement...) Both FCIC and reinsured policies: Northern Potato Crop Insurance Quality Endorsement 1. Definitions...

7 CFR 457.146 - Northern potato crop insurance-storage coverage endorsement.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 6 2011-01-01 2011-01-01 false Northern potato crop insurance-storage coverage... Northern potato crop insurance—storage coverage endorsement. The Northern Potato Crop Insurance Storage... for insurance provider) Both FCIC and reinsured policies: Northern Potato Crop Insurance Storage...

7 CFR 457.143 - Northern potato crop insurance-quality endorsement.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 6 2014-01-01 2014-01-01 false Northern potato crop insurance-quality endorsement... Northern potato crop insurance—quality endorsement. The Northern Potato Crop Insurance Quality Endorsement...) Both FCIC and reinsured policies: Northern Potato Crop Insurance Quality Endorsement 1. Definitions...

7 CFR 457.146 - Northern potato crop insurance-storage coverage endorsement.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 6 2013-01-01 2013-01-01 false Northern potato crop insurance-storage coverage... Northern potato crop insurance—storage coverage endorsement. The Northern Potato Crop Insurance Storage... for insurance provider) Both FCIC and reinsured policies: Northern Potato Crop Insurance Storage...

7 CFR 457.143 - Northern potato crop insurance-quality endorsement.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 6 2012-01-01 2012-01-01 false Northern potato crop insurance-quality endorsement... Northern potato crop insurance—quality endorsement. The Northern Potato Crop Insurance Quality Endorsement...) Both FCIC and reinsured policies: Northern Potato Crop Insurance Quality Endorsement 1. Definitions...

7 CFR 457.143 - Northern potato crop insurance-quality endorsement.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 6 2011-01-01 2011-01-01 false Northern potato crop insurance-quality endorsement... Northern potato crop insurance—quality endorsement. The Northern Potato Crop Insurance Quality Endorsement...) Both FCIC and reinsured policies: Northern Potato Crop Insurance Quality Endorsement 1. Definitions...

34 CFR 682.404 - Federal reinsurance agreement.

Code of Federal Regulations, 2014 CFR

2014-07-01

... transferred under a plan approved by the Secretary from an insolvent guaranty agency or a guaranty agency that... disbursement is made before October 1, 1993 or transferred under a plan approved by the Secretary from an... which the first disbursement is made before October 1, 1993 or transferred under a plan approved by the...

34 CFR 682.404 - Federal reinsurance agreement.

Code of Federal Regulations, 2010 CFR

2010-07-01

... Secretary reimburses the guaranty agency for— (i) 95 percent of its losses on default claim payments to... its losses on default claim payments to lenders for loans for which the first disbursement is made on or after October 1, 1993, and before October 1, 1998; or (iii) 100 percent of its losses on default...

Nonadmitted and Reinsurance Reform Act of 2009

THOMAS, 111th Congress

Rep. Moore, Dennis [D-KS-3

2009-05-21

Senate - 09/10/2009 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions) Notes: For further action, see H.R.4173, which became Public Law 111-203 on 7/21/2010. Tracker: This bill has the status Passed HouseHere are the steps for Status of Legislation:

Nonadmitted and Reinsurance Reform Act of 2009

THOMAS, 111th Congress

Sen. Martinez, Mel [R-FL

2009-06-25

Senate - 06/25/2009 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions) Notes: For further action, see H.R.4173, which became Public Law 111-203 on 7/21/2010. Tracker: This bill has the status IntroducedHere are the steps for Status of Legislation:

34 CFR 682.404 - Federal reinsurance agreement.

Code of Federal Regulations, 2012 CFR

2012-07-01

... request of the school at which the borrower received the loan, notify the school of the lender's request. The guaranty agency may not charge the school or the school's agent for providing this notification and must accept a blanket request from the school to be notified whenever any of the school's current...

34 CFR 682.404 - Federal reinsurance agreement.

Code of Federal Regulations, 2013 CFR

2013-07-01

... request of the school at which the borrower received the loan, notify the school of the lender's request. The guaranty agency may not charge the school or the school's agent for providing this notification and must accept a blanket request from the school to be notified whenever any of the school's current...

45 CFR 153.400 - Reinsurance contribution funds.

Code of Federal Regulations, 2014 CFR

2014-10-01

... section 223(d) of the Code; (vii) A health flexible spending arrangement within the meaning of section 125...) TRICARE and other military health benefits for active and retired uniformed services personnel and their...

Generation of a Catalogue of European Windstorms

NASA Astrophysics Data System (ADS)

Varino, Filipa; Baptiste Granier, Jean; Bordoy, Roger; Arbogast, Philippe; Joly, Bruno; Riviere, Gwendal; Fandeur, Marie-Laure; Bovy, Henry; Mitchell-Wallace, Kirsten; Souch, Claire

2016-04-01

The probability of multiple wind-storm events within a year is crucial to any (re)insurance company writing European wind business. Indeed, the volatility of losses is enhanced by the clustering of storms (cyclone families), as occurred in early 1990 (Daria, Vivian, Wiebke), December 1999 (Lothar, Martin) or December 2015 (Desmond, Eva, Frank), among others. In order to track winter extratropical cyclones, we use the maximum relative vorticity at 850 hPa of the new-released long-term ERA-20C reanalysis from the ECMWF since the beginning of the 20th Century until 2010. We develop an automatic procedure to define events. We then quantify the severity of each storm using loss and meteorological indices at country and Europe-wide level. Validation against market losses for the period 1970-2010 is undertaken before considering the severity and frequency of European windstorms for the 110 years period.

7 CFR 400.166 - Obligations of the Corporation.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 6 2013-01-01 2013-01-01 false Obligations of the Corporation. 400.166 Section 400... CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement-Standards for... Corporation. The Agreement will include the following among the obligations of the Corporation. (a) The...

7 CFR 400.166 - Obligations of the Corporation.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 6 2012-01-01 2012-01-01 false Obligations of the Corporation. 400.166 Section 400... CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement-Standards for... Corporation. The Agreement will include the following among the obligations of the Corporation. (a) The...

7 CFR 400.166 - Obligations of the Corporation.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Obligations of the Corporation. 400.166 Section 400... CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement-Standards for... Corporation. The Agreement will include the following among the obligations of the Corporation. (a) The...

7 CFR 400.166 - Obligations of the Corporation.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 6 2014-01-01 2014-01-01 false Obligations of the Corporation. 400.166 Section 400... CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement-Standards for... Corporation. The Agreement will include the following among the obligations of the Corporation. (a) The...

7 CFR 400.166 - Obligations of the Corporation.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 6 2011-01-01 2011-01-01 false Obligations of the Corporation. 400.166 Section 400... CORPORATION, DEPARTMENT OF AGRICULTURE GENERAL ADMINISTRATIVE REGULATIONS Reinsurance Agreement-Standards for... Corporation. The Agreement will include the following among the obligations of the Corporation. (a) The...

45 CFR 153.365 - General oversight requirements for State-operated risk adjustment programs.

Code of Federal Regulations, 2014 CFR

2014-10-01

... risk adjustment programs. 153.365 Section 153.365 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT State Standards Related to the Risk Adjustment Program...

26 CFR 1.846-0 - Outline of provisions.

Code of Federal Regulations, 2010 CFR

2010-04-01

.... (iii) Annual statement changes. (2) Title insurance company reserves. (3) Reinsurance business. (i...) 90 percent exception. (4) International business. (5) Composite discount factors. § 1.846-2 Election... business. (1) In general. (2) Other published guidance. (3) Special rule for 1987 determination year. (c...

26 CFR 1.846-0 - Outline of provisions.

Code of Federal Regulations, 2014 CFR

2014-04-01

...-3 Fresh start and reserve strengthening. (a) In general. (b) Applicable discount factors. (1) Calculation of beginning balance. (2) Example. (c) Rules for determining the amount of reserve strengthening... be reinsurance assumed (ceded) in 1986. (d) Section 845. (e) Treatment of reserve strengthening. (f...

26 CFR 1.846-0 - Outline of provisions.

Code of Federal Regulations, 2013 CFR

2013-04-01

...-3 Fresh start and reserve strengthening. (a) In general. (b) Applicable discount factors. (1) Calculation of beginning balance. (2) Example. (c) Rules for determining the amount of reserve strengthening... be reinsurance assumed (ceded) in 1986. (d) Section 845. (e) Treatment of reserve strengthening. (f...

45 CFR 153.540 - Compliance with risk corridors standards.

Code of Federal Regulations, 2014 CFR

2014-10-01

... Section 153.540 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance Issuer Standards Related to the Risk Corridors Program § 153.540 Compliance...

45 CFR 153.530 - Risk corridors data requirements.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 153.530 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance Issuer Standards Related to the Risk Corridors Program § 153.530 Risk corridors...

45 CFR 153.530 - Risk corridors data requirements.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 153.530 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance Issuer Standards Related to the Risk Corridors Program § 153.530 Risk corridors...

45 CFR 153.500 - Definitions.

Code of Federal Regulations, 2014 CFR

2014-10-01

... Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance... indirect remuneration), expenditures by the QHP issuer for the QHP for activities that improve health care...

45 CFR 153.530 - Risk corridors data requirements.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 153.530 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance Issuer Standards Related to the Risk Corridors Program § 153.530 Risk corridors...

The effects of employment status and daily stressors on time spent on daily household chores in middle-aged and older adults.

PubMed

Wong, Jen D; Almeida, David M

2013-02-01

This study examines how employment status (worker vs. retiree) and life course influences (age, gender, and marital status) are associated with time spent on daily household chores. Second, this study assesses whether the associations between daily stressors and time spent on daily household chores differ as a function of employment status and life course influences. Men and women aged 55-74 from the National Study of Daily Experiences (N = 268; 133 workers and 135 retirees), a part of the National Survey of Midlife in the United States (MIDUS), completed telephone interviews regarding their daily experiences across 8 consecutive evenings. Working women spent more than double the amount of time on daily household chores than working men. Unmarried retirees spent the most time on daily household chores in comparison to their counterparts. There was a trend toward significance for the association between home stressors from the previous day and time spent on daily household chores as a function of employment and marital status. These findings highlight the importance of gender and marital status in the associations between employment status and time spent on daily household chores and the role that daily stressors, in particular home stressful events, have on daily household chore participation.

Place characteristics and residential location choice among the retirement-age population.

PubMed

Duncombe, William; Robbins, Mark; Wolf, Douglas A

2003-07-01

We investigate the association between an extensive set of location-specific factors and the propensity of retirement-age individuals to remain in, or relocate to, those locations. In particular we investigate whether state and local fiscal factors influence the migration decisions of retirees, and we study the relative importance of fiscal and other factors in these decisions. We place decisions regarding whether to move and where to locate in a single discrete-choice framework. We estimate an individual-level location-choice model by using a combination of place-characteristics data and Census county-to-county migration data for the period 1985-1990. We find that levels of tax burdens and public services can affect location decisions. Of the fiscal variables, income taxes have the largest relative effects. However, other factors, including climate, economic conditions, and population characteristics, appear to play much larger roles in migration and location decisions. Although income tax reductions might influence the location decisions of recent retirees, whether or not the economic benefits associated with these population gains outweigh the accompanying revenue losses is an important area for further research. A more cost-effective strategy may be for states to focus on marketing their amenities rather than using fiscal policy to recruit retirees.

7 CFR 400.168 - Obligations of participating insurance company.

Code of Federal Regulations, 2011 CFR

2011-01-01

... 7 Agriculture 6 2011-01-01 2011-01-01 false Obligations of participating insurance company. 400... participating insurance company. The Agreement will include the following among the obligations of the Company... insurance policies reinsured. (b) The Company shall make available to all eligible producers in the areas...

7 CFR 400.168 - Obligations of participating insurance company.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Obligations of participating insurance company. 400... participating insurance company. The Agreement will include the following among the obligations of the Company... insurance policies reinsured. (b) The Company shall make available to all eligible producers in the areas...

7 CFR 400.168 - Obligations of participating insurance company.

Code of Federal Regulations, 2012 CFR

2012-01-01

... 7 Agriculture 6 2012-01-01 2012-01-01 false Obligations of participating insurance company. 400... participating insurance company. The Agreement will include the following among the obligations of the Company... insurance policies reinsured. (b) The Company shall make available to all eligible producers in the areas...

7 CFR 400.168 - Obligations of participating insurance company.

Code of Federal Regulations, 2014 CFR

2014-01-01

... 7 Agriculture 6 2014-01-01 2014-01-01 false Obligations of participating insurance company. 400... participating insurance company. The Agreement will include the following among the obligations of the Company... insurance policies reinsured. (b) The Company shall make available to all eligible producers in the areas...

7 CFR 400.168 - Obligations of participating insurance company.

Code of Federal Regulations, 2013 CFR

2013-01-01

... 7 Agriculture 6 2013-01-01 2013-01-01 false Obligations of participating insurance company. 400... participating insurance company. The Agreement will include the following among the obligations of the Company... insurance policies reinsured. (b) The Company shall make available to all eligible producers in the areas...

77 FR 17402 - Submission for OMB Review; Comment Request

Federal Register 2010, 2011, 2012, 2013, 2014

2012-03-26

... expanded, new crop products developed, and new insurance concepts studied for possible implementation... insurance companies under which FCIC will use data elements instead of standards forms. Need and Use of the..., crop insurance companies that are reinsured by FCIC, and other agencies that require such information...

45 CFR 153.320 - Federally certified risk adjustment methodology.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Federally certified risk adjustment methodology. 153.320 Section 153.320 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.310 - Risk adjustment administration.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false Risk adjustment administration. 153.310 Section 153.310 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE...

45 CFR 153.340 - Data collection under risk adjustment.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Data collection under risk adjustment. 153.340 Section 153.340 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE...

45 CFR 153.720 - Establishment and usage of masked enrollee identification numbers.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Establishment and usage of masked enrollee identification numbers. 153.720 Section 153.720 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK...

45 CFR 153.330 - State alternate risk adjustment methodology.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false State alternate risk adjustment methodology. 153.330 Section 153.330 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.720 - Establishment and usage of masked enrollee identification numbers.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Establishment and usage of masked enrollee identification numbers. 153.720 Section 153.720 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK...

45 CFR 153.330 - State alternate risk adjustment methodology.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false State alternate risk adjustment methodology. 153.330 Section 153.330 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.320 - Federally certified risk adjustment methodology.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Federally certified risk adjustment methodology. 153.320 Section 153.320 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.310 - Risk adjustment administration.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Risk adjustment administration. 153.310 Section 153.310 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE...

45 CFR 153.620 - Compliance with risk adjustment standards.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Compliance with risk adjustment standards. 153.620 Section 153.620 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE...

45 CFR 153.320 - Federally certified risk adjustment methodology.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false Federally certified risk adjustment methodology. 153.320 Section 153.320 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.234 - Eligibility under health insurance market rules.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Eligibility under health insurance market rules. 153.234 Section 153.234 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.234 - Eligibility under health insurance market rules.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Eligibility under health insurance market rules. 153.234 Section 153.234 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.330 - State alternate risk adjustment methodology.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false State alternate risk adjustment methodology. 153.330 Section 153.330 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.310 - Risk adjustment administration.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false Risk adjustment administration. 153.310 Section 153.310 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE...

45 CFR 156.80 - Single risk pool.

Code of Federal Regulations, 2014 CFR

2014-10-01

... claims experience of all enrollees in all health plans (other than grandfathered health plans) subject to... experience of all enrollees in all health plans (other than grandfathered health plans) subject to section... market-wide payments and charges under the risk adjustment and reinsurance programs, and Exchange user...

45 CFR 156.80 - Single risk pool.

Code of Federal Regulations, 2013 CFR

2013-10-01

... claims experience of all enrollees in all health plans (other than grandfathered health plans) subject to... experience of all enrollees in all health plans (other than grandfathered health plans) subject to section... payments and charges under the risk adjustment and reinsurance programs, and Exchange user fees (expected...

45 CFR 153.520 - Attribution and allocation of revenue and expense items.

Code of Federal Regulations, 2012 CFR

2012-10-01

... items. 153.520 Section 153.520 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance Issuer Standards Related to the Risk Corridors Program § 153...

45 CFR 153.510 - Risk corridors establishment and payment methodology.

Code of Federal Regulations, 2012 CFR

2012-10-01

... methodology. 153.510 Section 153.510 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance Issuer Standards Related to the Risk Corridors Program § 153...

45 CFR 153.510 - Risk corridors establishment and payment methodology.

Code of Federal Regulations, 2014 CFR

2014-10-01

... methodology. 153.510 Section 153.510 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance Issuer Standards Related to the Risk Corridors Program § 153...

45 CFR 153.520 - Attribution and allocation of revenue and expense items.

Code of Federal Regulations, 2014 CFR

2014-10-01

... items. 153.520 Section 153.520 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance Issuer Standards Related to the Risk Corridors Program § 153...

45 CFR 153.520 - Attribution and allocation of revenue and expense items.

Code of Federal Regulations, 2013 CFR

2013-10-01

... items. 153.520 Section 153.520 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance Issuer Standards Related to the Risk Corridors Program § 153...

26 CFR 1.848-0 - Outline of regulations under section 848.

Code of Federal Regulations, 2010 CFR

2010-04-01

... certain reinsurance agreements. (b) Gross amount of premiums and other consideration. (1) General rule. (2... the payment of premiums. (iii) Retired lives reserves. (4) Deferred and uncollected premiums. (c... excluded from the gross amount of premiums and other consideration. (1) In general. (2) Amounts received or...

7 CFR 400.174 - Notification of deviation from financial standards.

Code of Federal Regulations, 2010 CFR

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Notification of deviation from financial standards... Agreement-Standards for Approval; Regulations for the 1997 and Subsequent Reinsurance Years § 400.174 Notification of deviation from financial standards. An insurer must immediately advise FCIC if it deviates from...

75 FR 3763 - Proposed Collection; Comment Request for Extension of a Currently Approved Information Collection...

Federal Register 2010, 2011, 2012, 2013, 2014

2010-01-22

... Government positions. Agencies need to collect timely information regarding the type and amount of annuity... a determination can be made whether the reemployed retiree's annuity must be terminated. Comments...

Estimating a Change from TRICARE to Commercial Insurance Plans.

PubMed

Murray, Carla T; Schmit, Matthew

2018-03-14

We estimate the effect on health care spending of an option to change TRICARE. Under the option, which is based on a proposal made by the Military Compensation and Retirement Modernization Commission (MCRMC), most beneficiaries could choose from a range of commercial health networks instead of the current TRICARE plans. Military treatment facilities would become network providers under the commercial plans. We used data from the Department of Defense (DoD) to estimate the cost of providing the current health care benefit to working-age retirees and their dependents and survivors, and active duty family members. We then adjusted those data to estimate what the private insurance premiums would be for those groups. Greater details about the methodology can be found in earlier work by the Congressional Budget Office. Because payments by TRICARE to physicians and hospitals are tied to payments made by Medicare, we used the information from studies that compare Medicare payment rates to rates paid to doctors and hospitals by private insurance to estimate what it would cost private insurers to provide approximately the same level of care, with adjustments to account for the higher out-of-pocket costs that beneficiaries would pay under the option. We also made adjustments to account for the possibility that many beneficiaries would decrease their use of the MTFs in favor of private providers, which could increase the overall costs of DoD. We then estimated that increasing the cost sharing to a level found in popular civilian plans would lower overall demand for services by about 10% for military retiree households and about 18% for active duty family members. We estimated that DoD would pay subsidies to retain about half of the excess capacity created by beneficiaries switching their care from MTFs to the private sector. Evaluated at the midpoint of the ranges, the net effect on DoD's budget would be approximately $0, we estimate, but costs could fall in a likely range

Will choice-based reform work for Medicare? Evidence from the Federal Employees Health Benefits Program.

PubMed

Florence, Curtis S; Atherly, Adam; Thorpe, Kenneth E

2006-10-01

. To examine the effect of premiums and benefits on the health plan choices of older enrollees who choose Federal Employees Health Benefits Program (FEHBP) health plans as their primary payer. Administrative enrollment data from the Office of Personnel Management (OPM) and plan premiums and benefits data taken from the Checkbook Guide to health plans. We estimate individual plan choice models where the choice of health plan is a function of out-of-pocket premium, actuarial value, plan attributes, and individual characteristics. Plan attributes include plan structure (fee-for-service/preferred provider organization, point-of-service, or health maintenance organization), drug benefit structure, and whether or not the plan covers other types of spending such as dental services and diabetic supplies. The models are estimated by conditional logit. Our study focuses on three populations that currently choose FEHBP as their primary health care coverage and are similar to the Medicare population: current employees and retirees who are approaching the age of Medicare eligibility (ages 60-64) and current federal employees age 65+. Current employees age 65+ are eligible for Medicare, but their FEHBP plan is their primary payer. Retirees and employees 60-64 are not yet eligible for Medicare but are similar in many respects to recently age-eligible Medicare beneficiaries. We also estimate our model for current employees age 55 and younger as a comparison group. We select a random sample of retirees and employees age 60-64, as well as all current employees age 65+, from the OPM administrative database for the calendar year 2001. The plan choices available to each person are determined by the plans participating in their metropolitan statistical area. We match plan premium and attribute information from the Checkbook Guide to each plan in the enrollee's list of choices. We find that current workers 65+, 60-64, and non-Medicare eligible retirees are sensitive to variation in plan

Will Choice-Based Reform Work for Medicare? Evidence from the Federal Employees Health Benefits Program

PubMed Central

Florence, Curtis S; Atherly, Adam; Thorpe, Kenneth E

2006-01-01

Objective To examine the effect of premiums and benefits on the health plan choices of older enrollees who choose Federal Employees Health Benefits Program (FEHBP) health plans as their primary payer. Data Sources Administrative enrollment data from the Office of Personnel Management (OPM) and plan premiums and benefits data taken from the Checkbook Guide to health plans. Study Design We estimate individual plan choice models where the choice of health plan is a function of out-of-pocket premium, actuarial value, plan attributes, and individual characteristics. Plan attributes include plan structure (fee-for-service/preferred provider organization, point-of-service, or health maintenance organization), drug benefit structure, and whether or not the plan covers other types of spending such as dental services and diabetic supplies. The models are estimated by conditional logit. Our study focuses on three populations that currently choose FEHBP as their primary health care coverage and are similar to the Medicare population: current employees and retirees who are approaching the age of Medicare eligibility (ages 60–64) and current federal employees age 65+. Current employees age 65+ are eligible for Medicare, but their FEHBP plan is their primary payer. Retirees and employees 60–64 are not yet eligible for Medicare but are similar in many respects to recently age-eligible Medicare beneficiaries. We also estimate our model for current employees age 55 and younger as a comparison group. Data Collection Methods We select a random sample of retirees and employees age 60–64, as well as all current employees age 65+, from the OPM administrative database for the calendar year 2001. The plan choices available to each person are determined by the plans participating in their metropolitan statistical area. We match plan premium and attribute information from the Checkbook Guide to each plan in the enrollee's list of choices. Principal Findings We find that current workers

Tradeoffs in the Design of Health Plan Payment Systems: Fit, Power and Balance

PubMed Central

Geruso, Michael; McGuire, Thomas G.

2016-01-01

In many markets, including the new U.S. Marketplaces, health insurance plans are paid by risk-adjusted capitation, sometimes combined with reinsurance and other payment mechanisms. This paper proposes a framework for evaluating the de facto insurer incentives embedded in these complex payment systems. We discuss fit, power and balance, each of which addresses a distinct market failure in health insurance. We implement empirical metrics of fit, power, and balance in a study of Marketplace payment systems. Using data similar to that used to develop the Marketplace risk adjustment scheme, we quantify tradeoffs among the three classes of incentives. We show that an essential tradeoff arises between the goals of limiting costs and limiting cream skimming because risk adjustment, which is aimed at discouraging cream-skimming, weakens cost control incentives in practice. A simple reinsurance system scores better on our measures of fit, power and balance than the risk adjustment scheme in use in the Marketplaces. PMID:26922122

Tradeoffs in the design of health plan payment systems: Fit, power and balance.

PubMed

Geruso, Michael; McGuire, Thomas G

2016-05-01

In many markets, including the new U.S. Marketplaces, health insurance plans are paid by risk-adjusted capitation, sometimes combined with reinsurance and other payment mechanisms. This paper proposes a framework for evaluating the de facto insurer incentives embedded in these complex payment systems. We discuss fit, power and balance, each of which addresses a distinct market failure in health insurance. We implement empirical metrics of fit, power, and balance in a study of Marketplace payment systems. Using data similar to that used to develop the Marketplace risk adjustment scheme, we quantify tradeoffs among the three classes of incentives. We show that an essential tradeoff arises between the goals of limiting costs and limiting cream skimming because risk adjustment, which is aimed at discouraging cream-skimming, weakens cost control incentives in practice. A simple reinsurance system scores better on our measures of fit, power and balance than the risk adjustment scheme in use in the Marketplaces. Copyright © 2016 Elsevier B.V. All rights reserved.

77 FR 73117 - Patient Protection and Affordable Care Act; HHS Notice of Benefit and Payment Parameters for 2014

Federal Register 2010, 2011, 2012, 2013, 2014

2012-12-07

...This proposed rule provides further detail and parameters related to: the risk adjustment, reinsurance, and risk corridors programs; cost-sharing reductions; user fees for a Federally- facilitated Exchange; advance payments of the premium tax credit; a Federally-facilitated Small Business Health Option Program; and the medical loss ratio program. The cost-sharing reductions and advanced payments of the premium tax credit, combined with new insurance market reforms, will significantly increase the number of individuals with health insurance coverage, particularly in the individual market. The premium stabilization programs--risk adjustment, reinsurance, and risk corridors--will protect against adverse selection in the newly enrolled population. These programs, in combination with the medical loss ratio program and market reforms extending guaranteed availability (also known as guaranteed issue) protections and prohibiting the use of factors such as health status, medical history, gender, and industry of employment to set premium rates, will help to ensure that every American has access to high-quality, affordable health insurance.

78 FR 15409 - Patient Protection and Affordable Care Act; HHS Notice of Benefit and Payment Parameters for 2014

Federal Register 2010, 2011, 2012, 2013, 2014

2013-03-11

...This final rule provides detail and parameters related to: the risk adjustment, reinsurance, and risk corridors programs; cost-sharing reductions; user fees for Federally-facilitated Exchanges; advance payments of the premium tax credit; the Federally-facilitated Small Business Health Option Program; and the medical loss ratio program. Cost-sharing reductions and advance payments of the premium tax credit, combined with new insurance market reforms, are expected to significantly increase the number of individuals with health insurance coverage, particularly in the individual market. In addition, we expect the premium stabilization programs--risk adjustment, reinsurance, and risk corridors--to protect against the effects of adverse selection. These programs, in combination with the medical loss ratio program and market reforms extending guaranteed availability (also known as guaranteed issue) and prohibiting the use of factors such as health status, medical history, gender, and industry of employment to set premium rates, will help to ensure that every American has access to high-quality, affordable health insurance.

[Evidence based risk assessment of coronary heart disease].

PubMed

Filzmaier, K

2010-06-01

Coronary heart disease (CHD) poses a special challenge for risk assessments. Various kinds of diagnostic or therapeutic procedures, concomitant diseases, risk factors and symptoms need to be connected logically in order to assess the risk of each individual applicant. "Reinsurance manuals" are available to risk assessors in life insurance for this purpose. Using these manuals, the risk assessor can calculate the risk loadings for applicants with specific pre-existing conditions, e.g., CHD. Various tasks thus fall to the reinsurer, which must be able to give grounds for the increased risk loadings, provide the manuals with a process-oriented structure and simultaneously support the primary insurer's business objectives via an intelligent risk assessment. Taking CHD as an example, the following article explains how these tasks can be solved with the aid of medical and mathematical approaches, and how the insurability of applicants with CHD can be extended via the re-evaluation of risks.

Badging, Badge Office

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Science Programs Applied Energy Programs Civilian Nuclear Energy Programs Laboratory Directed Research Service Academies Research Associates (SARA) Postdocs, Students Employee, Retiree Resources Benefits New

Excited State Processes in Electronic and Bio Nanomaterials (ESP-2016)

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Science Programs Applied Energy Programs Civilian Nuclear Energy Programs Laboratory Directed Research Service Academies Research Associates (SARA) Postdocs, Students Employee, Retiree Resources Benefits New

Resources

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Science Programs Applied Energy Programs Civilian Nuclear Energy Programs Laboratory Directed Research Service Academies Research Associates (SARA) Postdocs, Students Employee, Retiree Resources Benefits New

Environmental Protection: Controlling the Present

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Science Programs Applied Energy Programs Civilian Nuclear Energy Programs Laboratory Directed Research Service Academies Research Associates (SARA) Postdocs, Students Employee, Retiree Resources Benefits New

Sustainability Goals

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Service Unavailable

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Science Programs Applied Energy Programs Civilian Nuclear Energy Programs Laboratory Directed Research Service Academies Research Associates (SARA) Postdocs, Students Employee, Retiree Resources Benefits New

[Ryazan hospital--80 years].

PubMed

Klimov, A S; Gromov, M F

2012-02-01

In December 2011 marked 80 years of the founding of the Ryazan garrison hospital, originally housed in two buildings: "Redut housed"--a monument of architecture of the XVIII century and the former almshouses room "for the maimed in the war", was built in 1884 now Ryazan garrison hospital (from 2010--Branch No 6 FSI "in 1586 the district military hospital in the Western Military District", the Defense Ministry of Russia)--a multi-field medical preventive institution on the basis of which soldiers, military retirees, family members and military retirees from Ryazan, Moscow, Tambov regions are treated. Every year more than 7 thousand patients get treatment here. During the counterterrorism operations in Chechnya over 800 wounded were brought to the hospital from the battle area.

Puzzling out the new Medicare. How plan sponsors can understand and use Medicare+Choice to benefit their members and themselves.

PubMed

Parahus, S

1999-01-01

This article will discuss issues confronting plan sponsors in light of new Medicare+Choice options, and ways of responding to those issues. It will include a section with highlights of the "new" Medicare, including a brief description of new terminology and general descriptions of the different types of "coordinated care plans" and other options, e.g., POS, PPO, HMO, FFS, PSO and MSA. Its principal focus, however, will be on ways that plan sponsors can respond to--and capitalize on--the changes in Medicare and offer retirees a broader array of benefits while at the same time increasing their control over plan costs. The article will introduce the idea of plan sponsors constructing a retiree "flexible benefits" program comprising Medicare+Choice options.

45 CFR 153.500 - Definitions.

Code of Federal Regulations, 2012 CFR

2012-10-01

... health care quality as set forth in § 158.150 of this subchapter; expenditures by the QHP issuer for the... Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance...

45 CFR 153.500 - Definitions.

Code of Federal Regulations, 2013 CFR

2013-10-01

... Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE ACT Health Insurance... for the QHP for activities that improve health care quality as set forth in § 158.150 of this...

7 CFR 400.713 - Nonreinsured supplemental (NRS) policy.

Code of Federal Regulations, 2011 CFR

2011-01-01

... Development (or successor), Risk Management Agency, 6501 Beacon Drive, Stop 0812, Kansas City, MO 64133-4676... review the NRS policy to determine that it does not materially increase or shift risk to the underlying... crop insurance program, decreases the producer's willingness or ability to use Federally reinsured risk...

45 CFR 153.110 - Standards for the State notice of benefit and payment parameters.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false Standards for the State notice of benefit and payment parameters. 153.110 Section 153.110 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK...

45 CFR 153.250 - Coordination with high-risk pools.

Code of Federal Regulations, 2012 CFR

2012-10-01

... 45 Public Welfare 1 2012-10-01 2012-10-01 false Coordination with high-risk pools. 153.250 Section 153.250 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE...

45 CFR 153.100 - State notice of benefit and payment parameters.

Code of Federal Regulations, 2013 CFR

2013-10-01

... 45 Public Welfare 1 2013-10-01 2013-10-01 false State notice of benefit and payment parameters. 153.100 Section 153.100 Public Welfare DEPARTMENT OF HEALTH AND HUMAN SERVICES REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.100 - State notice of benefit and payment parameters.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false State notice of benefit and payment parameters. 153.100 Section 153.100 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE...

45 CFR 153.250 - Coordination with high-risk pools.

Code of Federal Regulations, 2014 CFR

2014-10-01

... 45 Public Welfare 1 2014-10-01 2014-10-01 false Coordination with high-risk pools. 153.250 Section 153.250 Public Welfare Department of Health and Human Services REQUIREMENTS RELATING TO HEALTH CARE ACCESS STANDARDS RELATED TO REINSURANCE, RISK CORRIDORS, AND RISK ADJUSTMENT UNDER THE AFFORDABLE CARE...