The Academy’s Long-Term Care Practice Note Work Group has published an updated practice note relating to long-term care rate stability under the NAIC’s Long-Term Care Insurance Model Regulation.
The Academy’s Rate Review Practice Note Work Group published a new practice note on the preparation, review, and disclosure of rate filings under the Affordable Care Act.
Presenters will provide important information for pricing actuaries when completing an actuarial certification related to pricing long-term care insurance policy forms under the rate stability provisions of the NAIC’s Long-Term Care Model Regulation. Register today!
( )The Academy’s Health Practice Council Communications Committee published a new Campaign 2012 voter guide, A Guide to Analyzing the Issues: Medicare Premium Support. The guide is intended to help voters understand what premium support is and the potential implications of shifting Medicare to a premium support program. Read the news release.
( )Join members of the Rate Review Practice Note Work Group on Oct. 12 to learn more about the review and disclosure requirements of “unreasonable” rate increases under the Affordable Care Act (ACA). Presenters will provide an overview of the final practice note and answer questions.
The Casualty, Life, Health, Professionalism, and Financial Reporting Councils submitted comments to the NAIC’s Corporate Governance Working Group concerning the WG’s Proposed Responses to a Comparative Analysis of Existing U.S. Corporate Governance Requirements.
( )The recent Supreme Court decision gives states the option of whether to implement the Medicaid expansion provision in the ACA. This brief highlights some of the issues that federal and state policymakers and regulators should consider as they are making their Medicaid expansion decisions.
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The Academy’s Health Practice Council sent a letter to Sen. Thune and Rep. Boustany to clarify the nature and intent of recent Academy-hosted roundtables focused on addressing the accessibility and affordability of long-term care services.
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Rick Leavitt, member of the Group Long-Term Disability Work Group, offered a final recommendation to the NAIC Health Actuarial Task Force regarding a valuation proposal for a new group long-term disability table.
( )Bob Yee, chairperson of the Long-Term Care Valuation Work Group, provided an update to the NAIC Long-Term Care Actuarial Working Group on the valuation morbidity tables for long-term care insurance.
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The Rate Review Practice Note Work Group released for a 30-day exposure period a practice note related to the preparation and review of rate filings under the Affordable Care Act. Comments on Actuarial Practices Relating to Preparing, Reviewing, and Commenting on Rate Filings Prepared in Accordance with the Affordable Care Act should be submitted by September 4.
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Steve Schoonveld, a member of the Federal Long-Term Care Task Force, presented at the National Conference of Insurance Legislators (NCOIL) Summer Meeting in Burlington, VT on options to reform the long-term care system in the United States.
( )The Joint Committee on Retiree Health submitted comments to the Actuarial Standards Board on the exposure draft of ASOP 6, Measuring Retiree Group Benefits Obligations and Determining Retiree Group Benefits Plan Costs or Contributions.
( )The Academy’s Health Practice Council hosted a webinar on July 11 to provide actuaries from all practice areas with an analysis of the Supreme Court’s June 28 decision on the Affordable Care Act (ACA). Speakers outlined the decision, discussed the next steps in the federal and state implementation process, and highlighted future Academy activities aimed at the challenge of addressing long-term health costs. Download the presentation slides and audio recording.
( )The Group Long-Term Disability Work Group submitted a report outline to the NAIC’s Health Actuarial Task Force (HATF) regarding a valuation proposal for a new group long-term disability table.
