Life Capital Adequacy Committee, Property and Casualty Risk-Based Capital Committee, and Health Solvency Work Group comments to the National Association of Insurance Commissioners (NAIC) on operational risk issues.
( )Medicare Supplement Work Group made a presentation to the NAIC’s Health Actuarial Task Force on recommendations for potential modifications to the Medicare Supplement refund formula.
( )The Individual Disability Work Group made a presentation to the NAIC’s Health Actuarial Task Force at the Fall NAIC National Meeting on the newly revised individual disability report and actuarial guideline.
( )The Medicare Supplement Work Group submitted a report to the NAIC on recommendations for potential modifications to the Medicare Supplement refund formula.
( )The Medicaid Work Group sent a comment letter to the Centers for Medicare & Medicaid Services on the introduction of Sovaldi and other new Breakthrough Therapy Designation medications and their potential impact on Medicaid costs.
( )The Individual Disability Table Work Group provided a revised final report and actuarial guideline on a new individual disability table to the NAIC's Health Actuarial Task Force.
( )The Individual Disability Work Group made a presentation to the NAIC’s Health Actuarial Task Force on the newly revised individual disability report and actuarial guideline.
( )The Rate Review Practice Note Work Group released for exposure a new practice note on rate filings, review, and disclosure under the Affordable Care Act for calendar year 2015 and beyond. Comments on the exposure draft should be submitted by Oct. 27.
( )The Joint Committee on Retiree Health sent a letter to the Governmental Accounting Standards Board commenting on proposed statements of accounting and financial reporting by governmental employers for other postemployment benefits (OPEBs).
( )The Long-Term Care Terminations Work Group presented an update to the NAIC’s Long-Term Care Actuarial Working Group on progress made in developing a recommendation on LTC terminations and next steps.
( )The Long-Term Care Principle-based Work Group presented an update to the NAIC’s Long-Term Care Actuarial Working Group on progress in developing a principle-based approach model and a timeline for completion.
( )The Health Practice International Task Force published an issue brief providing an overview of the prevalence and costs associated with diabetes internationally and exploring ways in which several countries are addressing the high cost of diabetes.
( )The Medicare Steering Committee updated its annual issue brief that offers an actuarial perspective on Medicare's financial condition and outlines the public policy options to address the program's long-term financial challenges.
( )The Medicaid Work Group submitted comments to the Centers for Medicare and Medicaid Services requesting specific guidance on the Affordable Care Act's Health Insurance Providers (HIP) fee and how it affects the Medicaid program.
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