John M. Bragg, FSA
Geoffery Crofts, FSA
Faye Albert, FSA                          

James C. Brooks, Jr., FSA

Teresa Russ Winer, FSA

Harold I. Cohen, FSA

   Bragg Associates Actuaries
   

      

 

BRAGG UPDATE ON HEALTH EXPECTANCY OF CANDIDATES
 
Oct. 24, 2008

On August 4, Bragg, an actuarial firm based in Atlanta, announced that Senator McCain could expect to remain healthy for 8.4 years. Senator Obama could expect 21.9 healthy years. This public service showed that age and health are not issues for two terms of service. The announcement received attention in over 300 prestigious media outlets world-wide, and is said to have made media history.


Bragg now announces that McCain’s health expectancy is raised to 9.1 years, based on newly-studied data from the National Cancer Institute. Obama’s health expectancy is unchanged. The two senators are aged 72 and 47 respectively.
 
These actuarial calculations are based on Bragg Life Tables, deemed correct, and the continuously updated Bragg data base for medical ailments. Bragg has used these methods for over 15 years for personal planning, pricing, life settlement, and other work. Getting the facts right has always been essential. But public uncertainty remains.
 
The Bragg Update Campaign continues, consisting of:
 
A.    Private Seminar to discuss all facts and correct methods.

B.     Bragg Internal Memoranda dealing with recent data and the inadequacies of other tables and methods.

C.     2007 and 2002 Bragg Life Tables.


This campaign is designed to clear up all continuing uncertainties. For further information, please contact:
 
 

John M. Bragg and Associates, Inc.
28 Lenox Pointe, NE
Atlanta, GA 30324
Phone: 404-231-3006
Fax: 404-237-3116
E-mail: nbk@mindspring.com
 

New Report!

2007 Bragg Life Tables and Underwriting Rules
Select and Ultimate Mortality Rates - $1.6 Trillion Recent Preferred Business Exposed

Super Preferred Class I, Preferred Class II, Overall Preferred, Smoker Preferred

In Addition the Report Contains Exhibits on:

  • Trend Factors
  • Select Period in 2007 Bragg Life Tables
  • Credibility of Older Age and Brokerage Term Data
  • Cause of Disability at Issue
  • Standard Residual Non-Preferred Business
  • Model Underwriting Rules for Preferred Business
  • Effect of Changing Underwriting Rules for Preferred Status
  • Preferred Smoker Research
  • Guides to Underwriting of Older Age Business
  • Typical Underwriting Requirements by Size Band - All Business
  • Socio-Economic Underwriting Methods
  • Principles-Based Reserves - Applications
  • Comparison of 2007 Bragg Life Tables with Various 2001 Valuation Basic Tables

For Pricing and Additional Information Click Here


Other Bragg Associates Reports:
 

Old Age III
Including Bragg Immediate Annuity Tables –Preferred - Report consists of recent raw data  on super-preferred lives, ages 60-105

2002 Bragg Life Tables
 Select data submitted by 15 companies; Covers the period 1995 – 1999.

Guaranteed Issue/Simplified Issue
Studies all forms-true group to individual non-underwritten.  Controls for sound handling

Study of Mortality by Policy Size Groups
Raw data study, on a subset of all Bragg data

New Bragg Preferred/Standard Life Tables
Select and Ultimate Mortality Rates  Four Nonsmoker and Two Smoker Classes

The Effects of Smoking on Health Insurance Costs
Consolidated Report

Report on Critical Illness Insurance
The Complete Guide to Pricing, Policy Form Wording, Underwriting, Claims Administration, and Regulatory Requirements for CI Insurance

One Day Seminar on Older Age Mortality, Underwriting, and Product Pricing
Bring  your group to Atlanta, or we will come to you. Jack Bragg will conduct a full day seminar.

Initiatives

Custom Mortality Investigations

Bragg Associates Health Expectancy

Health Savings Accounts

Description of Bragg Associates Data Elements and Formats

David G. W. Bragg
Copyright © 2006 John M. Bragg and Associates, Inc. All rights reserved.                                                   
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Revised: 04/02/07.