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. (August 15, 2014)
The American Academy of Actuaries/Society of Actuaries Joint Project Oversight Group presented to the NAIC’s Life Actuarial Task Force on development of the 2014 VBT Primary Tables. (August 15, 2014)
The AG33 Non-Elective Task Force sent a letter to the NAIC’s Life Actuarial Task Force on AG XXXIII. (August 15, 2014)
The Nonforfeiture Modernization Work Group submitted a report to the NAIC’s Life Actuarial Task Force meeting in Louisville, Ky. (August 15, 2014)
The Principle-Based Reserves Strategy Subgroup sent a comment letter to the NAIC Life Actuarial Task Force on the Net Premium Reserve component of the Rector report. (August 12, 2014)
In this month’s HealthCheck read about Medicare’s financial condition in the wake of the 2014 Trustees Report, a new issue brief exploring how different nations are working to reduce the risks and costs of diabetes, frequently asked questions about Medicare and the ACA’s qualified health plans and exchanges, and more. (August 13, 2014)
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. (August 13, 2014)
Online voting for the three open regular director positions on the Academy board will open Aug. 25. Academy members will receive an email on Aug. 11 from Intelliscan, our election vendor, announcing that Academy election information will be sent to you soon. This email will come from electionadmin@intelliscaninc.net. Please be sure to add this email address to your safe senders list and to check your spam folder to make sure you received it. Read Academy President Tom Terry’s message to members on the election process and upcoming dates. (August 08, 2014)
The Academy’s Nominating Committee has selected three excellent candidates for the open regular director positions to be elected by the membership in the upcoming online election. Regular Director candidates, for three-year term expiring 2017
Mike Angelina Rich Daillak D. Joeff Williams The voting period will open on Aug. 25 at 9:00 a.m. EDT and end on Sept. 15 at 11:59 p.m. EDT. Additional information, including candidate bios, candidate statements, and voting instructions will be emailed to members and posted on the Academy Board Election Center before voting begins. (August 07, 2014)The Solvency Committee submitted comments to the National Association of Insurance Commissioners on the International Association of Insurance Supervisors’ revised proposal, Basic Capital Requirements for Global Systemically Important Insurers (G-SIIs). (August 04, 2014)
Six individuals have been nominated for officer positions on the Academy Board, with Tom Wildsmith leading the slate as the nominee to be the Academy’s next President-Elect. Read about all the officer nominees submitted on the Nominating Committee slate on the Academy’s Election Center page. The board will vote on the slate on Oct. 7, 2014. Terms will begin at the close of the Annual Meeting of Academy members, Nov. 13-14 (registration information: www.actuary.org/2014AnnualMeeting). (August 01, 2014)