The Academy wishes its members a safe and happy Columbus Day weekend. The Academy office will be closed Monday, Oct. 12, in observance of the federal holiday.
Core Ethics CPE Credits at Annual Meeting and Public Policy Forum
The Academy believes in good faith that you may earn 2.7 continuing professional education (CPE) core ethics credits under Joint Board for the Enrollment of Actuaries (JBEA) rules for attending the professionalism plenary session at the Annual Meeting and Public Policy Forum next month. The JBEA ultimately determines what constitutes core, non-core, ethics, or non-ethics CPE and the number of CPE credit hours allocated.
The professionalism plenary session is being conducted for the Academy by ProEthics. It will use a game-show panel format in which several actuaries will answer and discuss challenging professional ethics questions, hypotheticals, and dilemmas posed by a host. Click here for the Annual Meeting’s latest agenda.
All Public Policy and Professionalism Archived Webinars Available Without Charge to Members
Academy members can without charge access past public policy and professionalism webinars to earn (non-organized activity) continuing education credits. The new webinars page, available via the second tab on the lower right side of the Academy homepage, includes links to archived slides, audio and original event pages—all free to members. The page also links to upcoming public policy webinars and professionalism webinars.
Newly Released
In the Fall 2015 edition of PBA Perspectives, the Academy’s quarterly update on regulatory, legislative, and Academy activities surrounding the implementation of the principle-based approach (PBA) for life insurance, read about an NAIC proposal on how to determine state adoption of PBA, related items from the NAIC’s summer meeting, and an update of states adopting principle-based reserving.
Public Policy Activities
At an Alliance for Health Reform panel Monday, Senior Health Fellow Cori Uccello outlined some of the drivers that are underlying health care premium changes, particularly prescription drug costs. The video can be viewed in the Academy’s online newsroom.
Upcoming Events
Registration Open for ‘Unknown Unknowns’ Professionalism Webinar: Registration is now open for the next installment in the Council on Professionalism’s (COP) highly popular webinar series. “Unknown Unknowns: Challenges to Professionalism,” which will be held Oct. 30 from noon to 1:30 p.m. EDT. Using experience from the pension, health, and property and casualty practice areas, expert panelists—Eli Greenblum, vice president for pension issues; Academy President Mary D. Miller; and President-elect Tom Wildsmith—will review and discuss how they’ve approached work in areas where implementation guidance is minimal, nonexistent, or changeable. Click here for webinar information and to register.
The COP’s fourth webinar of the year—“Facing a Dilemma? The ABCD Can Help,” about the Actuarial Board for Counseling and Discipline—will be held on Dec. 9. Stay tuned for more details as they become available.
International Health Care Webinar to Focus on Canada, Chile: The agenda has been released for the Academy’s Nov. 4 international health care webinar, the final installment of our ongoing joint series with the International Actuarial Association Health Section. This webinar will focus on the health care systems of Canada and Chile. Click here to view the agenda and click here to register. Registration closes Oct. 29.
Pension Costs Webinar Planned for November: The Academy will host a webinar, “Alternatives for Pension Cost Recognition,” on Nov. 10. Please stay tuned for more details as they become available.
The 2015 Life and Health Qualifications Seminar will be held Nov. 9-12 in Arlington, Va. (metropolitan Washington, D.C.), just prior to the Academy’s Annual Meeting in Washington. While the seminar has reached capacity, spaces may open up, so please visit the seminar page for information about getting on the waiting list.
Registration Continues for P/C Opinion Seminar: Registration continues for the Academy’s 2015 Seminar on P/C Effective Loss Reserve Opinions, to be held Dec. 1-2 in Philadelphia. Actuaries who prepare or sign NAIC annual statement actuarial opinions on P/C loss reserves, or those who assist in preparing them, should plan to attend. Click here for seminar information and here to register.
In the News
A story in Kaiser Health News on how the chronically ill are paying more out-of-pocket costs for prescription drugs under Affordable Care Act exchange plans than via employer plans cited the Academy’s Senior Health Fellow Cori Uccello, who noted that health plans are shifting more costs to policyholders to manage higher drug spending. The story ran in multiple news outlets, including the Journal-News, the Daily Herald, and Governing magazine.
The Academy was cited in an American Health Linestory about Congress altering the small-employer redefinition provision in the ACA. The Academy’s analysis of the issue was mentioned in a number of other media outlets, including Consumer Health Research, and in a related column by PoliticoPro Health Editor Joanne Kenen that was posted on the Association of Health Care Journalists’ website.
The Daily Gazette (Schenectady, N.Y.) cited the September/October Contingencies cover story, “Our Nation’s Neglected Infrastructure,” as part of a subscriber-only editorial calling for greater U.S. infrastructure investment.
Insurance Journalnoted that Michael Boerner will be awarded the Academy’s Robert J. Myers Public Service Award next month at the Academy’s Annual Meeting and Public Policy Forum.
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