2012 Summer Summit: Health Care Reform and Lifetime Income

Welcome to the 4th annual Summer Summit! Join your peers and colleagues on Monday, July 16, in Washington, DC, for the Academy’s 2012 Summer Summit.

During this day-long, policy-intensive meeting, we will be taking a cross-practice approach to examine and develop recommendations for two of the Academy’s biggest challenges. As you can see on the current draft agenda, we will tackle lifetime income in the morning and health care reform in the afternoon.


Our keynote speaker will be Dr. Sherry Glied, Assistant Secretary for Planning and Evaluation at the U.S. Department of Health and Human Services, who will focus on health care costs and the implications of the Supreme Court’s June decision on the Affordable Care Act.

Dr. David Blake, Professor of Pension Economics at Cass Business School, City University London, will lead our morning session on lifetime income. Dr. Blake is also Director of the Pensions Institute and Chairman of Square Mile Consultants, a training and research consultancy, co-founder with JPMorgan and Towers Watson of the LifeMetrics Indices; and Senior Research Associate, Financial Markets Group, London School of Economics.
Dr. Mark McClellan, a former administrator of the Centers for Medicare & Medicaid Services and FDA Commissioner, and currently the Director of the Engelberg Center for Health Care Reform at the Brookings Institution, will join us for the afternoon session on health care reform.

Format and Objectives

For much of the day, however, we will meet in hands-on, cross-practice breakout sessions with the intent of leveraging the skills, experience, and insight of the entire actuarial profession to explore the major public policy issues related to health care reform and lifetime income. The Academy has for many years labored in the legislative and regulatory trenches to improve public policy and serve the public and the profession. Because of the Academy’s highly visible, active, and productive work on health reform in recent years, and because of our announced initiative on lifetime income, we need to consider whether, why, and how the Academy as a whole should focus its efforts and resources to elevate these issues and proactively engage in the public arena to effect real change. This would include communicating more directly with the general public, forging strategic alliances with key stakeholders, and more vigorously proposing concrete recommendations to legislators and regulators.
This format follows the successful model with which previous year’s Summer Summits tackled such issues as the financial crisis, enterprise risk management, and Academy public interest advocacy. Regardless of your area of practice, your participation as an Academy leader is needed to achieve a successful outcome. As we discuss these vital issues and the opportunities and risks that they pose, we need every Academy leader’s voice to be heard—whether it is in support of or out of concern for moving forward in ways that could have significant implications for the Academy and the profession as a whole.

More information

o  Click here to register for the 2012 Summer Summit
o  Click here to view the agenda
o  Click here for hotel information
If you have questions, please email Gabriel Swee at summersummit@actuary.org or call 202-223-8196.