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. (October 15, 2014)

The ERM/ORSA Committee released an overview of the key content of an Own Risk and Solvency Assessment (ORSA) and the components of an ORSA for which actuarial input may be useful. (September 26, 2014)

The Life Practice Council presented a webinar reviewing the National Association of Insurance Commissioners (NAIC) Summer 2014 National Meeting, including a rundown of the most recent Life Actuarial (A) Task Force meeting, a discussion of the activities at the Life Risk-Based Capital (E) Working group, an update on the Kansas Field Test, and XXX/AXXX captives developments. (September 25, 2014)

The Academy published a new Essential Elements paper, Medicare's Long-Term Sustainability Challenge, that explores the long-term solvency challenges facing Medicare because of increasing enrollment and medical costs. Essential Elements is a series designed to make actuarial analyses of public policy issues clearer to general audiences. (September 27, 2014)

The Academy published its second PBA Perspectives, which provides a quarterly update on activities surrounding the implementation of the Principle-based Approach (PBA) for life insurance. The newsletter includes reports and updates on legislative, regulatory, and Academy activity relating to the new principle-based methodology. (September 23, 2014)

The Solvency Committee submitted comments to the National Association of Insurance Commissioners on the key priorities and principles that should be considered when developing insurance group solvency and capital standards. Click here to read the news release. (September 18, 2014)

The PBR Strategy Subgroup sent a comment letter to the NAIC's Life Actuarial Task Force regarding the exposure draft of AG 48. (September 17, 2014)

The Contingent Annuity Work Group sent comments to the NAIC’s Contingent Deferred Annuity Working Group regarding regulatory guidelines for CDAs. (September 12, 2014)

In this month’s HealthCheck, read about the Academy’s long-term care work groups’ updates on various projects during the NAIC Summer meeting, a letter from the Academy’s Joint Committee on Retiree Health to the Governmental Accounting Standards Board, amendments to the Long-Term Care Insurance Model Regulation adopted by the NAIC Joint Executive Committee and Plenary and much more.  (September 10, 2014)

The Reinsurance Committee submitted comments to the National Association of Insurance Commissioners’ (NAIC) Reinsurance (E) Task Force’s exposure draft, Securities Listed by the Securities Valuation Office, that specifically address the security provided for the purpose of collateralizing reinsurance obligations. (September 05, 2014)