Analysis of Servicemembers' Group Life Insurance (SGLI) Program: History, Current Issues and Future Implications

Abstract

The SGLI program is the military life insurance program overseen by the Department of Veterans Affairs (VA) but managed and administered by The Prudential Insurance Company of America. Recently, a series of news stories by Bloomberg News reported that the program might not be following the law, and that Prudential was profiting from the deaths of servicemen and women. The primary purpose of this paper was to analyze the news articles for factual content and determine whether the journalistic writing style of the author s research distorted the SGLI program. What we found was that Prudential ran the SGLI in a manner that was actually beneficial to both Prudential and policyholders. We also discovered that Bloomberg used a sensationalist journalistic style, which distorted the facts. This would have the effect of misleading the public and casting Prudential in a negative light.

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 2011
Accession Number
ADA547799

Entities

People

  • Christopher M. Schmid
  • Michael Voogd
  • Patrick M. Callan

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Biomedical

DTIC Thesaurus Topics

  • Business Administration
  • Commerce
  • Congress
  • Department Of Defense
  • Department Of Veterans Affairs
  • Finance
  • Governments
  • Health Services
  • Insurance
  • Law
  • Military Personnel
  • Money
  • National Politics
  • New Jersey
  • Personnel Management
  • Public Policy
  • United States

Readers

  • Government and Public Administration Law.
  • International Journalism and Media Studies.
  • Military History of the United States in the 20th Century.