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The Actuary The magazine of the Institute & Faculty of Actuaries

Social Policy Board news

Who cares?

With the focus of most healthcare debate currently centring on the issue of foundation hospitals, the topic of dependent elderly care has slipped down the public agenda in recent months. However, in September 2003, seven members of the royal commission issued a strong statement demanding that the government do more to implement the recommendations of its report published in March 1999. This unusual act emphasises the importance, and urgency, of the issues. Both the Joseph Rowntree Trust and the Continuing Care Conference now have work in hand to determine how long-term care for the dependent elderly can be made affordable and sustainable. The profession in the guise of Ian Sissons will be participating in the JRF research.

On Monday 2 February 2004, the actuarial profession, in partnership with International Longevity Centre UK, will be holding a short conference, ‘Who cares?’ at Staple Inn Hall. The context involves the changing nature of the family, the continuing decline in the number of care beds in residential homes, and the failure of long-term care insurance in the UK. Speakers will include William Laing, director of Laing and Buisson, Dr Clive Bowman, medical director of BUPA Care Services, and Dr Sarah Harper, director of the Oxford Institute of Ageing. As with all the ILC/ actuarial profession events, the conference is free; if you would like to attend, please advise louisetasker@ilcuk.org.uk. Registration will start at 4pm and the conference will commence at 4.30pm, finishing at about 7pm.

IAA health section

You may have already seen the announcement from the IAA about the new IAAHS. The IAAHS is now open for business and actively recruiting members, especially in advance of the 2nd International Health Colloquium in Dresden, Germany on 27–29 April 2004.

However, we are writing to encourage you to join the IAAHS and to help find other UK actuaries, in your organisation or elsewhere, who should also be canvassed. The IAAHS only received its formal status in the IAA in May 2003. So, although in its genesis it can be traced back to the 1st International Health Colloquium in Cancun in 2002, IAAHS is certainly in its formative years. By joining, you and other UK actuaries have the chance to be at the core of IAAHS development as it maps out its scope.

We hope you will take a look at the health pages at www.actuaries.org. Without entering the members-only pages you will easily find health. You can click to enroll as a member of IAAHS. Initially membership is free and the small sterling fee (equivalent to Canadian dollar figure) will be added to your next Faculty/Institute invoice.

Online journal
You’ll find the first edition of the IAAHS Online Health Journal on the website. There is an open invitation for people to come forward with more health-related material for the journal. In particular we want to increase the quantity and quality of UK material.

2nd International Health Colloquium
You’ll also be able to follow the links to the Colloquium in Dresden, Germany in April 2004. Please note the call for papers and for speakers. A second bulletin from the Dresden organising committee is due very soon but already there is a provisional programme available on the web-site.

Scope of IAAHS
From the Colloquium programme you will see the breadth of IAAHS activities which span a wide product range – income protection, critical illness, long-term care, and medical expense insurances. IAAHS also extends though public and private health systems and markets and embraces aspects of social policy.

We believe a large number of UK actuaries therefore include activities within their practice which fall within IAAHS. We are hopeful that this will be reflected by strong representation of the UK profession in the activities and publications of IAAHS.