Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week’s worth of news, updates, and media coverage in one convenient, easy-to-use publication. (November 22, 2013)
The American Academy of Actuaries announced that Darryl Walter has joined the organization as its new director of membership today. In this role, Walter will lead the Academy’s initiatives to enhance member value and benefits, and to expand membership to all qualified actuaries. (November 21, 2013)
The Academy’s Pension Practice Council published an issue brief that examines the different measurements of the obligations of defined-benefit pension plans that discusses two common measurements: solvency value and budget value. Read the news release. (November 21, 2013)
Senior Life Fellow Nancy Bennett addressed state legislators on the lifetime-income needs of retirees in a presentation given at the National Conference of Insurance Legislators’ annual meeting. (November 21, 2013)
The North American Actuarial Council released its 2012-2013 annual report, outlining its work and highlighting its accomplishments for the year. (November 21, 2013)
Audrey Halvorson, who chairs the Academy's Rate Review Practice Note Work Group, made a presentation on behalf of the Academy to the National Conference of Insurance Legislators on the Affordable Care Act's effect on premiums. (November 21, 2013)
Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (November 15, 2013)
The NAIC's Group Long-Term Disability Valuation Table Implementation (B) Subgroup voted to re-expose the Academy's proposed Group Long-Term Disability Work Group Actuarial Guideline until Dec. 3. (November 15, 2013)
The Life Practice Council submitted comments on the Initial Report of Rector & Associates to the NAIC Principle-Based Reserving Implementation (EX) Task Force regarding assets for captive reinsurance. (November 15, 2013)
Find out what researchers learned from Oregon’s efforts to expand its Medicaid program and get an inside look at the utilization, finances, and health outcomes of those who were selected in the lottery compared to those who were not. Co-author of the study, Katherine Baicker, PhD, Professor of Health Economics in the Department of Health Policy and Management at Harvard School of Public Health, will lead the discussion in providing an overview of the study, including methods, assumptions, and data received. The study led to some interesting conclusions—register to learn more! (November 15, 2013)
The Health Practice Council sent a letter to members of Congress outlining the potential consequences of proposals that would modify ACA provisions regarding plan cancellations in the individual and small group health insurance markets. Read the news release. (November 14, 2013)
Read about a Health Practice Council letter to members of Congress on possible negative consequences from delaying Affordable Care Act (ACA) individual mandate implementation and news coverage on the Academy’s stance, a new issue brief on ACA provisions and financial statements, a webinar on health care receivables and NAIC Health Annual Statements, proposed legislation and rules regarding ACA, and Academy experts in the news. (November 13, 2013)
Read the latest issue of This Week—the Academy’s end-of-week digital newsletter, compiling a week's worth of news, updates, and media coverage in one convenient, easy-to-use publication. (November 08, 2013)
The Life Practice Council’s Principle-Based Reserves (PBR) Legislation-In-Brief was distributed to insurance legislators and top insurance regulators of each state where the NAIC model Standard Valuation Law may be considered in 2014. The brief is intended to inform legislators and insurance commissioners of the importance of the new PBR methodology and the NAIC model Standard Valuation Law. (November 08, 2013)
David F. Ogden, MAAA, FSA, has been appointed as the newest member of the Actuarial Board for Counseling and Discipline. David is a health consultant with 35 years of experience in commercial, Medicare and Medicaid consulting. He has worked with health plans, providers, state Medicaid agencies, Blue Cross Blue Shield plans and insurance companies, and has significant experience working with Medicare Advantage and Part D plans. (November 08, 2013)
