Public Policy and Aging Society: Case for Actuary Involvement

The gift of extended life expectancy in developed nations comes at a price. The share of healthcare costs in national GDP is on the rise and healthcare providers have to cope with increasing labor and resource shortages. Governments face a stark dilemma between deeply unpopular measures of raising taxes and/or pension age and undermining solvency of their public pension and healthcare programs.The panel of insurance specialists, actuaries and public officials will discuss ways in which actuaries can help define public policy that is more data-driven, more differentiated, socially responsible and is based on risk analysis. Moderated by Tarmo Koll.