Page 28 - Actuaries News Today : Breaking News, Live Updates & Top Stories | Vimarsana

>> it is about insurance actuaries and if they determine things cost more money then you see insurance premiums g. the rest of us are hit with the costs. if gay bars were costing everyone a great deal of money and we were picking up the tab you might see enforcement there. that is not the case. >> why do you say it is not the case. >> if we are picking up the tab? >> geraldo: aren't the majority of aids patients on some kind of government coverage because the aids medication costs so much money. >> aids doesn't only affect homosexuals. >> and illegal drug use. mostly in this country it is homo...

Growth and very low interest rates, these retirement funds are predicated on assumptions of healthy growth in the economy and interest rates which accrue money in a safe way into these accounts. and when you do away with the interest income and you do away with the economic growth, you see a deflation of these retirement funds and they're not worth what you projected they would be worth so you run out of money ten years more quickly than you'd thought you were going to. >> megyn: and you're living 20 years longer than you thought you were. they talked to the actuaries, a man who reaches age 65...

And chris plante of the host of the chrisplante show and leslie marshall and you think how scary that must be for the would-be retirees to look at the bank account and see less than 25,000 there. not talking about the people at the end of the life, but they have according to the actuaries, probably 25 or more years to live. melissa, what, you're supposed to live on a $1,000 a year? what are they supposed to do. >> it's a scary set of statistics and add that 28% of americans have dipped into their 401(k) during the past recession because he they didn't have enough money to get by and you add on...

Would be appropriated say here in california and we say you guys handle it. they won't give us the money for that because we won't be handling that. i don't seat issue with finances. lars, to your point about the insurance companies. all those big ceos at aetna and blue cross. they have the power before this was passed and they still have the tour lower their rates. so it amuses me when they say obama-care is going to increase rates that they have 100% control over sitting at the heads of their private companies. >> to her point. actuaries tell you what those policys have to cost. the marketpl...

Last night respondents gave the win to congressman ryan. a third gave the win to vice president biden. a look at all of this perhaps the most talked about moment last night. word about policy but something all together different. >> the moments were joe biden's smirks, smiles and laughter while paul ryan was speaking. he is facing criticism. >> their own actuary said 1 out of 6 hospitals and nursing homes are going to go out of business as a result of this. >> no it isn't. >> 7.4 million seniors are project to do lose the current advantage they have that's a benefit cut. >> that didn't happe...