The Health Solvency Committee’s Health Underwriting Risk Factors Analysis Work Group sent the final H2—Underwriting Risk Component and Managed Care Credit Calculation in the Health Risk-Based Capital Formula Report to the NAIC’s Health Risk-Based Capital (E) Working Group. The Work Group presented on the report at the NAIC’s 2025 Spring National Meeting in Indianapolis in March. (April 24, 2025)
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. (April 11, 2025)
The Actuarial Standards Board (ASB) and the Actuarial Board for Counseling and Discipline (ABCD) play vital roles in helping actuaries adhere to high standards of conduct, qualification, and practice. By doing so, they support actuaries in meeting their responsibility to the public and the profession’s ability to maintain self-regulation. Here’s a preview of their 2024 annual reports, to be published soon. (March 31, 2025)
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. (March 24, 2025)
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. (March 24, 2025)
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. (March 27, 2025)
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. (March 25, 2025)
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.” (March 25, 2025)
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.” (March 25, 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. (March 25, 2025)
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). (March 25, 2025)
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. (March 25, 2025)
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. (March 25, 2025)
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 (March 14, 2025)
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. (March 14, 2025)
