Pieter Botha
18 October 2017 | 10:15 – 11:15 | Committee 4
Relevant practice area(s):Healthcare
Suggested audience knowledge level: Foundational
Abstract:
The look and feel of death has significantly changed over the last century, and is still rapidly evolving.
Where we die, what we die from, the age at which we die and the cost of dying have significantly shifted over the last century.
This yields very interesting insights into how the overall attitude towards death has shifted and which considerations are now the most important at the end of life, compared to a century ago. Even more-so, this highlights significant shortcomings in our end-of-life care and insurance offerings, and currently how key stakeholder needs aren’t met.
How can we use our actuarial skill set to address these shortcomings and shape the future of end-of-life care and insurance? Death is not a problem that can be solved – mathematically or clinically, but benefit designs that facilitate optimal care considerations and being a driving force behind policy reforms are well within our capabilities.
This presentation is designed to be thought-provoking and encouraging of a discussion on a topic so easily and often skirted due to the uncomfortable nature of confronting one’s own
mortality.