Commutation Functions for Individual Policies Providing for Hospital, Surgical, and Medical Care Benefits After Retirement [Discussion]

Normally, actuarial tables for the purpose of calculating reserves and costs are the results of the joint work of special committees, groups of insurance companies, organizations such as rating bureaus and similar associations. It is unusual nowadays to have a table prepared by an individual actuary and presented for public use without all of the preliminary steps of appointing committees, issuing a call for data and then proceeding with the work, which is generally considered a major undertaking.