It was the last week of the year. Validate Health was retained to validate the risk adjustment submission for a medium-sized Medicare Advantage plan. We had until the end of the week to recalculate risk adjustment for over 50,000 beneficiaries and millions of claims. The pressure was mounting. We needed a way to quickly process … Continue reading Melting Data in Python to Discover $6 Million in Missed Risk Adjustment
This month we have the pleasure of interviewing Dr. Rajesh Dalmia. Rajesh is a partner at EY Actuarial Services, one of the big four consulting firms in India. He has significant experience in insurance consulting and has worked on projects with almost all the large insurers in the private sector in India in his long … Continue reading Actuaries Around the World: India
Most of us have an ambivalent attitude towards ethics, and would not see this field as something exciting or powerful. We know and feel that without a certain amount of goodness, life isn't really worth living. But on the other hand, ethics can make us think about things like right or wrong and what we … Continue reading Ethics – So What!
Guest Post by Stephen Camilli, FSA, President, ACTEX Learning After reading Jay Jaffe’s review of Atul Gawande’s seminal book, The Checklist Manifesto, I had to read the book for myself, and it did not disappoint! I also wanted to hear more from Jay about how checklists that resulted in greater safety, efficiency and standardization in … Continue reading The Actuarial Checklist: An Actuary’s Professionalism Security Blanket
Guest Blog by Mary Pat Campbell, FSA, MAAA, PRM, I found myself nodding several times through Brian Fannin’s blog post “My Journey with R” – I particularly liked Brian’s remark: Excel would return diagnostics about a statistical model, but I could tell that it had a greater interest in enabling changes to font size or … Continue reading Excel, Python, R, C++ and more — Use the Right Tool, Use the Tool Right
We'll soon be rolling out a new digital content reader to our customers. Our Digital Manuals will be Easier to Access & have More Features! When the new reader becomes available, digital manuals will be accessible from any device, online or off-line. Just visit the My Account/My Learning Tools section of the ACTEX|Mad River Books website … Continue reading New Digital Content Reader
This month Our Actuaries Around the World series visits Greece. Ioannis Chatzivasiloglouis the Head of Regulatory Framework and Supervisory Technical Assistance in the Department of Insurance Supervision of the Bank of Greece. Prior to his current role, he served the Greek insurance supervisory authority in several positions of responsibility, related to the financial and actuarial supervision of insurance … Continue reading Actuaries Around the World: Greece