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Milliman: Increased Pension Risk Transfer Activity Leads To Rise In Pricing Rate

--Milliman, Inc., a premier global consulting and actuarial firm, today announced the latest results of its Milliman Pension Buyout Index. As the Pension Risk Transfer market continues to grow, it has become increasingly important to monitor the annuity market for plan sponsors that are considering transferring retiree pension obligations to an insurer.
Mary Leong Milliman Inc Milliman Pension Buyout Index Pension Risk Transfer

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Covid-19 charges at hospitals can vary by tens of thousands of dollars, a WSJ analysis finds

The cost of similar Covid-19 treatments can vary by tens of thousands of dollars a patient, even within the same hospital, according to a Wall Street Journal analysis of pricing data that indicates pandemic care hasn’t escaped the complex economics of the U.S. health system.
George Washington University Hospital District Of Columbia United States New York Michael Mewhirter Marc Siegel

The Day - Norwich considers bonding to cover $144 million in unfunded pension obligations

Norwich — City leaders and finance officials presented a plan Tuesday that would fully fund the city’s unfunded pension obligation by bonding the entire estimated $144 million at current low interest rates, saving an estimated $43 million over 30 years. Members of the City Council, Board of Education, Board of Public Utilities Commissioners and Personnel and Pension Board listened as finance and bonding experts explained the plan Tuesday. It would need voter approval in a November ref...
West Hartford United States Mark Bettencourt Josh Pothier Becky Sielman John Salomone
Source: theday.com

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