Health and care

Actuaries have long been involved in financial planning for the NHS, and this is now a growing area for actuarial work, as the Government looks for ways to restructure the welfare state to meet the changing needs, demands and expectations of a changing population. Evolving health provision models to meet changing needs is also a feature of the expansion of private sector work. Here actuaries work with other health professionals to find appropriate solutions for private medical insurance, income protection, critical illness, and long-term care insurance.