Health Care - a Global Concern

The fourth in a series about global health-care issues, looking at how aging populations will impact health-care systems and social policies across the world. This article focuses on Hong Kong.

Emergency Department Visits Involving Nonmedical Use of Selected Prescription Drugs --- United States, 2004--2008

Rates of overdose deaths involving prescription drugs increased rapidly in the United States during 1999--2006 (1). However, such mortality data do not portray the morbidity associated with prescription drug overdoses. Data from emergency department (ED) visits can represent this morbidity and can be accessed more quickly than mortality data. To better understand recent national trends in drug-related morbidity, CDC and the Substance Abuse and Mental Health Services Administration (SAMHSA) reviewed the most recent 5 years of available data (2004--2008) on ED visits involving the nonmedical use of prescription drugs from SAMHSA's Drug Abuse Warning Network (DAWN). This report describes the results of that review, which showed that the estimated number of ED visits for nonmedical use of opioid analgesics increased 111% during 2004--2008 (from 144,600 to 305,900 visits) and increased 29% during 2007--2008.”

Depression and Smoking in the U.S. Household Population Aged 20 and Over, 2005-2008

Key findings

    Data from the National Health and Nutrition Examination Surveys, 2005-2008

  • Adults aged 20 and over with depression were more likely to be cigarette smokers than those without depression.
  • Women with depression had smoking rates similar to men with depression, while women without depression smoked less than men.
    The percentage of adults who were smokers increased as depression severity increased.
  • Among adult smokers, those with depression smoked more heavily than those without depression. They were more likely to smoke their first cigarette within 5 minutes of awakening and to smoke more than one pack of cigarettes per day.
  • Adults with depression were less likely to quit smoking than those without depression.

QuickStats: Death Rates For Leading Causes Among Youths Aged 12--19 Years

National Vital Statistics System, United States, 1999—2006.

Sodium Intake Among Adults --- United States, 2005-2006

This report from the Center for Disease Control and Prevention considers healthy limits for adult sodium consumption, the extent to which American adults fall within these limits and the primary sources of sodium consumption in the typical American diet.

STOLI On The Rocks (And Off The Docks)

The Wall Street Journal on Monday ran an interesting piece about state regulators cracking down on "middlemen" pushing Stranger-Originated Life Insurance (STOLI). The article, titled "Regulators Rein in Murky Life Policies," centered around Florida life insurance agent Steven M. Brasner, a STOLI specialist (who last year surrendered a 50-foot yacht named "STOLI on the Docks") arrested by Florida authorities in April on 22 counts of alleged grand theft, fraud and other offenses tied to $78 million of policies that earned him nearly $2 million in commissions.

Is The Life Settlement Market Dying?

After a 10-year bull run, many insurance professionals are now wondering if the life settlement market has flat-lined.

A.M. Best Statistical Study Shows Positive Trend for L/H Companies in 1Q

In the first quarter of 2010, the total U.S. life/health industry continued the progress made during fourth quarter 2009 in its recovery from the financial crisis of late 2008, according to an A.M. Best Co. statistical study in this week's BestWeek U.S./Canada.

Moody's Details U.S. Life Insurer's Improved Financial Flexibility

Numerous year-over-year comparisons underscore the dramatic improvement in the financial condition of the U.S. life insurance industry, says Moody's Investors Service in a new report.

Implementation and Challenges of the New PRC GAAP for Life Insurance Industry in China Seminar

The Society of Actuaries has posted presentations from Implementation and Challenges of the New PRC GAAP for Life Insurance Industry in China Seminar held on May 28, 2010 in Beijing.

Report on the possible impact of the likely Solvency II QIS5 Standard Formula on the European life market

The European Commission's draft technical specification for the fifth Solvency II Quantitative Impact Study (QIS5) indicates how the standard formula is likely to be set for QIS5. In order to determine how the new rules will affect solvency positions under the standard formula for Europe's life insurance market, Milliman analyzed the potential impact of QIS5 in several European markets: France, Ireland, Italy, the United Kingdom, Poland, Romania, and Slovakia.

IAIS: Insurers Are Not Banks

"Widespread distribution of financial products that contain a minimum guarantee” could increase the risk of insurers crashing the financial system, according to the International Association of Insurance Supervisors.

New Results Regarding NTproBNP: Implications for Underwriting

Heritage Labs' Dr. Dave Winsemius has written an outstanding set of guidelines for NT-proBNP.

Improved Lung Cancer Screening Could Lead to Earlier Detection

A recent research project commissioned for the Lung Cancer Alliance and several other interested organizations uses actuarial techniques to calculate the mortality difference between people who are diagnosed with early-stage lung cancer and those who are not diagnosed until lung cancer has reached its later, fatal stages. Milliman Insight recently sat down to discuss the implications of this paper with the authors, actuaries Bruce Pyenson, Sara Goldberg, and Dale Hagstrom, and cancer researcher Dr. James Mulshine, as well as with Laurie Fenton and Sheila Ross of the Lung Cancer Alliance. This interview puts the new research in a broader context—as part of the larger effort to reduce the mortality associated with a disease that kills more than 160,000 people every year.

The Hartford’s New Underwriting Process is Expected to Cut the Cost of Life Insurance for 25% of New Policyholders

Applicants are expected to be classified as a “preferred” risk instead of a “standard” risk, saving some policyholders more than a $1,000 a year.

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