SA1 topical issues (updated 9 March 2022)

There was an event at the IFoA last June which had a couple of papers on the use of devices:
https://www.actuaries.org.uk/learn-and-develop/conference-paper-archive/2016

Scroll down and select 'Hot Topics in Health and Care: Networking Event'. Hopefully you can access the files without having attended the event.

I'm not sure it answers your specific questions but you might find it interesting. There is only one of the papers here, there was another one presented by Discovery from South Africa about the use of wearable technology (which I think it what you're more interested in). As I say, the slides/paper don't appear to be on the website but here are my notes from the meeting:

Discussed activity trackers mainly but also suggested use of other sources of data such as glucose levels and diabetes monitoring.

Uses – allows more granular risk classification, improves underwriting and reduces underwriting resources, can offer premium reductions to “better” lives (positive selective effect, reduced anti-selection), can engage with higher risk lives and help manage risk via wearable tech, for PMI it could improve the quality of care and ensure it’s appropriate and for IP it could increase employee activity and help manage claims

Risks – takes time to analyse data, often self-measures (so rely on truth being reported), measurements can be manipulated (eg put the pedometer on the dog), policyholders need to opt-in, questions of accuracy, data privacy

This is all the information I have but I hope it helps.

Sarah

 

Have a look on the individual SA subject threads on the forum. SA2 have a very similar document (much of the Core Reading is the same for SA1 and SA2), SA4 has a relevant thread too. Even if no document exists for the subject you're interested in, you can look out for articles and items of interest in relevant publications to get an idea of current thinking in the area.

Sarah

 

Hi Amit

We will update the topical issues in the early 2022. Many of the issues in the document are still relevant and you can look online for any information on health and care as part of your reading around the subject.

Sarah

 

Hi Amit

We would recommend doing as many past papers as you can. But you could concentrate on the papers since the syllabus change (so 2019, 2020 and 2021) as these are likely to be most reflective of the April 2022 exam style. I would then suggest 'topping up' with questions on topics you find trickier either using the question log or attempting some of the end of chapter or assignment questions.

Remember that past papers won't test every topic, so make sure you go back through the Course Notes before the exam to check you have a good knowledge of the whole course.

Sarah

 

Here is the latest SA1 topical issues document. As ever, this is not intended to be a full list of every area, but it should provide areas you may want to consider in more detail and perhaps carry out some additional reading around.