The Individual & Small Group Markets Committee sent a comment letter to the Centers for Medicare & Medicaid Services (CMS) on the Proposed Rule: Patient Protection and Affordable Care Act; Marketplace Integrity and Affordability.

The Pension Committee’s Defined Contribution (DC) Subcommittee released an issue brief, Decumulation Strategies: Creating Lifetime Income from Defined Contribution Plans, which outlines the insured and non-insured options available through employer-sponsored DC retirement plans. It also compares these options across key features and strategies. The subcommittee also published an issue brief executive summary.

Health Policy Project Manager Matthew Williams provided an update on Health Practice Council (HPC) activities to the NAIC’s Health Actuarial (B) Task Force (HATF) at NAIC’s Spring National Meeting in Indianapolis.

Health Solvency Committee Chairperson Steven Guzski presented to NAIC’s Health Risk-Based Capital (E) Working Group on the “H2 Underwriting Risk Component and Managed Care Credit Calculation in the Health Risk-Based Capital Formula – Final Report.”

Long-Term Care (LTC) Committee member Steve Schoonveld presented to NAIC’s Senior Issues (B) Task Force on “The State of Long-Term Care Insurance: 2025.”

Director of State Public Policy Outreach Katie Dzurec provided an update on Life Practice Council (LPC) activities to the NAIC’s Life Actuarial (A) Task Force (LATF) at NAIC’s Spring National Meeting in Indianapolis.

The C1 Subcommittee gave an update to NAIC’s Risk-Based Capital (RBC) Investment Risk Evaluation (E) Working Group on its work determining comparable attributes of collateralized loan obligations (CLOs).

The C3 Subcommittee presented an update to NAIC’s Life RBC (E) Working Group on its work on C3 alignment with the other RBC c-factors.

The Health Practice Council (HPC) released a summary of findings from a new Society of Actuaries (SOA) Research Institute report, The ACA @ 15 – Tracking Prior and Emerging Results since its Inception, that discusses the policy implications of those findings.

P/C RBC Committee Chairperson Ron Wilkins gave an update to NAIC’s P/C RBC (E) Working Group on R4/R5 factors and the committee’s 2025 priorities.

Senior Casualty Fellow Rich Gibson provided an update on Casualty Practice Council (CPC) activities to the NAIC’s Casualty Actuarial and Statistical (C) Task Force (CASTF) at NAIC’s Spring National Meeting in Indianapolis.

The Casualty Practice Council, Health Practice Council, and Retirement Practice Council sent comments to the Actuarial Standards Board (ASB) on the second exposure draft of Actuarial Standard of Practice (ASOP) No. 41, Actuarial Communications, which affects all practice areas

Vice presidents of the Academy’s Casualty Practice Council, Health Practice Council, Life Practice Council, and Risk Management and Financial Reporting Council provided comments to the NAIC’s newly established Risk-Based Capital (RBC) Model Governance (EX) Task Force on the task force’s 2025 goals and proposed charges.

The Retirement Practice Council’s Pension Committee sent a letter to the House Budget Committee asking it to consider modifying the due date of the 2025 Pension Benefit Guaranty Corporation (PBGC) premiums for single-employer pension plans.

An issue brief from the Individual and Small Group Markets Committee, Ensuring Access, Affordability, Choice, and Competition in the Individual Health Insurance Market, provides an overview of how the laws and rules governing the individual health insurance market support the goals of increasing access to coverage, improving affordability, enhancing consumer choice, and encouraging insurer competition. It also discusses how changes to these laws and rules could affect the achievement of these goals.  

A Medicaid Committee issue brief, Medicaid Per Capita Caps: Design Considerations and Policy Implications, focuses on Medicaid per-capita caps and discusses some of the key design considerations and the potential implications of different design decisions. In particular, it discusses considerations related to setting the initial federal per-capita cap and how that would change over time.

The Life Practice Council provided comments to the Life Actuarial (A) Task Force on the most recent AAT for Reinsurance Actuarial Guideline Draft Exposure.

The Life Practice Council provided comments to the Life Actuarial (A) Task Force on the Illustration Actuary Knowledge Statements. 

The Life Products Committee provided comments to the Life Actuarial (A) Task Force on a re-exposure of APF 2024-16, meant to provide guidance on a universal life nonforfeiture issue. 

The Data Science and Analytics Committee (DSAC) submitted comments to the International Association of Insurance Supervisors (IAIS) on IAIS' public consultation draft application paper on the supervision of artificial intelligence (AI).