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. (
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Joint Committee on Retiree Health letter to the Governmental Accounting Standards Board (GASB) on accounting by governmental employers for other postemployment benefits. (
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Medicare Supplement Work Group Subteam report to the Medicare Supplement Subteam of the NAIC Accident and Health Work Group (A&HWG) provides input in response to a request from the NAIC to to develop a range of composite loss ratio curves (separately for issue age- and attained age-rated products). (
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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. (
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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. (
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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. (
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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. (
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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. (
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Update on the progress of six subgroups of the LTC Reserve Work Group: experience forms, morbidity improvement, credibility, termination experience, long-term objectives, and reserve assumptions in relationship to rate changes. (
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LTC Reserve Work Group outline of the proposed near-term and long-term objectives as they relate to the NAIC's request for the Academy to review the reserve methodology for LTC insurance. (
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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. (
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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. (
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Joint RBC Task Force report to NAIC that compares life, P/C, and health RBC formulas to document where the formulas are substantially similar, where they differ, and the reasons for any differences that exist. (
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Health Practice Financial
Reporting Committee report to the NAIC on areas of appearance of inconsistencies among the various sources of accounting guidance and industry practice or variation by legal entity. (
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Report presents a recommended response for the Health RBC formula to those changes that were introduced to the 2001 Life RBC formula in accordance with recommendations made by the Academy’s Life Risk-Based Capital Committee’s Codification Subgroup. (
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Asset Codification Work Group report to review certain asset-related elements of the MCO RBC (now Health RBC) formula in light of recent developments, most notably the impending introduction of the “codification” Statements of Statutory Accounting Principles. (
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