Medicare Steering Committee letter discusses issues related to eligibility and enrollment, benefits and beneficiary protections, submission of bids and monthly beneficiary premiums, payments to prescription drug plan sponsors and Medicare Advantage (MA) organizations, etc. Comments on issues related to actuarial equivalence in a separate letter. (October 04, 2004)
Pension Practice Council letter to the Internal Revenue Service (IRS) on proposed changes to the Employee Retirement Income Security Act of 1974 (ERISA) regulations. (September 01, 2004)
Extreme Events Committee comment letter to the U.S. House in preparation for its consideration of proposed legislation to extend the Terrorism Risk Insurance Act of 2002. (July 28, 2004)
Multiemployer Plans Task Force letter to the International Accounting Standards Board (IASB) commenting on a draft interpretation concerning financial reporting for multiemployer plans. (July 09, 2004)
Risk Management and Solvency Committee comments on an IAA comment letter on an IAIS paper, "Draft Supervisory Standard on Suitable Forms of Capital." (July 01, 2004)
Stock Options Task Force comment letter to the Financial Accounting Standards Board (FASB) regarding the measurement of employee stock options. (June 30, 2004)
Long Term Care Risk Based Capital Work Group report on the review of the Managed Care Organization RBC formulas for LTC describes the source of data, methodology, analysis, and recommendations. It reflects revisions based on feedback from members of the NAIC subgroup after the interim report was released in June 2003. (June 01, 2004)
Committee on Property and Liability Financial Reporting comments to the Financial Accounting Standards Board in response to the American Institute of Certified Public Accountants' paper evaluating risk transfer in reinsurance of short-duration contracts. (May 01, 2004)
Joint Committee on Retiree Health letter to the Governmental Accounting Standards Board (GASB) on accounting by governmental employers for other postemployment benefits. (April 30, 2004)
Joint Committee on Retiree Health comments to FASB opportunity to comment on the proposed FASB staff position (FSP) 106-b, Accounting and Disclosure Requirements Related to the Medicare Prescription Drug, Improvement and Modernization Act of 2003. (April 13, 2004)
Health Savings Account Subgroup comment letter on Notice 2004-2 issued by the Treasury Department and the Internal Revenue Service, which provides guidance on Health Savings Accounts (HSAs). (March 30, 2004)
Health Savings Account Subgroup comments on IRS Notice 2004-2, which provides guidance on Health Savings Accounts (HSAs) provisions in the Medicare Prescription Drug, Improvement, and Modernization Act of 2003. (March 30, 2004)
Pension Practice Council comment letter to staff on the Senate Health, Education, Labor and Pensions (HELP) Committee regarding the multiemployer provisions of H.R. 3108. (March 04, 2004)
Social Insurance Committee letter to the Social Security trustees about a technical panel recommendation on measuring unfunded obligations. (December 19, 2003)
Health Practice Council letter to House and Senate conferees, who are reconciling to Medicare Rx bills, that offers assistance in assessing the actuarial implications of changes to the Medicare program. (September 29, 2003)
Retiree Health Work Group comments related to the proposed rule by the Equal Employment Opportunity Commission (EEOC) on the Age Discrimination in Employment Act (ADEA) and retiree health benefits. (September 12, 2003)
Long-Term Care Reserve Work Group letter to NAIC that illustrates the anticipated impact of various hypothetical changes in the mortality, voluntary lapse, interest and morbidity valuation assumptions on net renewal valuation premiums and contract reserves by policy duration. (September 10, 2003)
Long-Term Care Risk-Based Capital Work Group letter to the Deputy Insurance Commissioner of Pennsylvania responding to concerns regarding total asset adequacy as it relates to the Long-Term Care RBC Work Group's interim report. (September 08, 2003)
Health Practice Financial Reporting Committee letter addressing general principles that should be considered in the development of and addressed by premium deficiency reserves and gross premium valuations. (September 03, 2003)
Health Practice Council letter on the general risk sharing approaches available, summarizes the risk-sharing provisions in the Senate and House bills, and provides specific comments on the risk-sharing approaches in the Senate and House bills. (July 30, 2003)
Health Liquidity Work Group status update to the NAIC on a set of potential ratios to be used to test for health organization liquidity. The ratios would be used in a “safe harbor” test. (June 30, 2003)
Annuity Nonforfeiture Implementation Work Group comments to the NAIC regarding the implementation of a new model nonforfeiture law for deferred annuities. (June 25, 2003)
Long-Term Care RBC Work Group interim report on the Managed Care Organization Risk Based Capital formulas for Long Term Care (LTC) insurance products and described the source of data, methodology, analysis, and recommendations. (June 22, 2003)