Financial Reporting and Solvency Committee

Financial Reporting and Solvency Committee

This committee monitors financial reporting activities related to all areas of the health actuarial practice, reviews proposals made by various organizations affecting the accounting and auditing issues related to health practice, and generally is responsible for analysis and recommendations on accounting issues that impact health actuarial practice. The committee has primary responsibility in the creation and updating of all health practice notes. Acting as the primary point of collaboration with the Risk Management and Financial Reporting Council, the committee works in conjunction with the Health Practice International Task Force in monitoring international issues with U.S. health care implications.

Related Publications

Health Work Group Sends H2 Final Report to NAIC

The Health Solvency Committee’s Health Underwriting Risk Factors Analysis Work Group sent the final H2—Underwriting Risk Component and Managed Care Credit Calculation in the Health...
Date Published: 04/24/2025
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Update to the NAIC HRBC (E) Working Group on the Current and Proposed H3 Factors

Health Care Receivables Factors Work Group member David Quinn provided an update to the NAIC’s Health Risk-Based Capital (E) Working Group on the current and proposed H3 Factors.
Date Published: 11/08/2023
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Letter to NAIC HRBC Working Group on H2 Updates

The Health Solvency Subcommittee’s Health Underwriting Risk Factors Analysis Work Group sent a letter updating the NAIC’s Health Risk-Based Capital (E) Working Group (HRBC) on progress on the...
Date Published: 10/31/2023
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Comment Letter to NAIC Blanks (E) Working Group

The Committee on Property Liability and Financial Reporting (COPLFR) and the Health Practice Council’s Committee on Financial Reporting and Solvency submitted a comment letter to the National...
Date Published: 04/26/2023
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Financial Reporting and Solvency Committee Comments to NAIC on AG 51, Appendix A-010

The Health Practice Council’s Financial Reporting and Solvency Committee sent a comment letter to the National Association of Insurance Commissioners (NAIC) Long-Term Care Actuarial (B) Working...
Date Published: 02/23/2023
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Comment Letter to the Health Risk-Based Capital (E) Working Group on Investment Income

The Health Solvency Subcommittee sent a comment letter responding to a request from the NAIC’s Health Risk-Based Capital (E) Working Group to provide additional investment return scenarios within...
Date Published: 02/02/2023
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Academy Update to the NAIC HRBC (E) Working Group during the Fall 2022 NAIC National Meeting

Health Solvency Subcommittee Chairperson Derek Skoog provided an update to the NAIC’s Health Risk-Based Capital (E) Working Group at the NAIC’s Fall 2022 National Meeting in Tampa, FL, on the...
Date Published: 12/12/2022
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Health Solvency Subcommittee Letter to the NAIC Health RBC Working Group on Timeline to Analyze and Review the H2 Underwriting Risk Component

The Health Solvency Subcommittee submitted a letter response to its previous report to the NAIC’s Health Risk-Based Capital (E) Working Group to provide a timeline to analyze and comprehensively...
Date Published: 07/13/2022
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Health Solvency Subcommittee Report to the NAIC Health RBC Working Group on Review of the H2 Underwriting Risk Component

The Health Solvency Subcommittee submitted a report to the NAIC’s Health Risk-Based Capital (E) Working Group regarding the working group’s request of the subcommittee to conduct a...
Date Published: 01/12/2022
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Letter to the NAIC Health RBC Working Group on Review of the H2 Underwriting Risk Component

Health Solvency Subcommittee letter to the National Association of Insurance Commissioners (NAIC) Health Risk-Based Capital (E) Working Group regarding its request of the Academy to conduct a...
Date Published: 07/08/2021
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Financial Reporting and Solvency Committee Comment Letter to the NAIC Health Actuarial (B) Task Force on the Revised Instructions for the Health Statement of Actuarial Opinion

The Financial Reporting and Solvency Committee sent a comment letter to the National Association of Insurance Commissioners (NAIC) Health Actuarial (B) Task Force regarding the definition of...
Date Published: 05/07/2021
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Comment Letter to the NAIC Health RBC Working Group on Impact of Investment Income

Health Solvency Subcommittee comment letter in response to a request from the NAIC’s Health Risk-Based Capital (E) Working Group to provide an additional digit within the subcommittee’s summary...
Date Published: 04/27/2021
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Financial Reporting and Solvency Committee Comment Letter to the NAIC Health Actuarial (B) Task Force on the Proposed Definition Changes to “Actuarial Assets”

Financial Reporting and Solvency Committee comment letter to the National Association of Insurance Commissioners (NAIC) Health Actuarial (B) Task Force regarding the proposal to modify the definition...
Date Published: 04/19/2021
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Comment Letter to the NAIC Health RBC Working Group on Impact of Investment Income

The Health Solvency Subcommittee sent a comment letter in response to a request from the NAIC’s Health Risk-Based Capital (E) Working Group to further analyze the impact of incorporating...
Date Published: 02/22/2021
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Comment Letter to the NAIC Health RBC Working Group on Investment Income

The Health Solvency Subcommittee sent a comment letter in response to a request from the NAIC’s Health Risk-Based Capital (E) Working Group providing additional detail regarding the potential...
Date Published: 01/11/2021
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Health Solvency Subcommittee Comment Letter to NAIC Health Risk-Based Capital Working Group on Investment Income and Underwriting Risk Factors

The Health Solvency Subcommittee comment letter to the National Association of Insurance Commissioners (NAIC) Health Risk-Based Capital (E) Working Group to provide analysis to incorporate...
Date Published: 12/17/2020
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Actuarial Memorandum Practice Note

The purpose of this practice note is to provide information that can be useful for appointed actuaries dealing with the challenges of producing an Actuarial Memorandum in support of the Actuarial...
Date Published: 10/29/2020
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Actuarial Memorandum Practice Note

Actuarial Memorandum Practice Note Work Group exposure draft to provide information that can be useful for appointed actuaries dealing with the challenges of producing an Actuarial Memorandum in...
Date Published: 01/14/2020
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Committee comments on High-Cost Risk Pooling in ACA Risk Adjustment

Health Financial Reporting and Solvency Committee comments to NAIC Statutory Accounting Principles Working Group in Form A Maintence Maintenance Agenda Submission Form.
Date Published: 07/07/2017
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Comments to NAIC on Stop-Loss Calibration of Risk Factors

Stop-Loss Work Group comments to the NAIC’s Capital Adequacy (E) Task Force concerning calibration of risk factors in the Stop-Loss Factors Report.
Topics: NAIC
Date Published: 05/09/2017
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