As a member of the Academy, you now have special access to recently produced videos prepared by the Centers for Medicare & Medicaid Services (CMS) on several key regulations implementing certain provisions of the Affordable Care Act (ACA).
Description of Regulation Review Modules The U.S. Department of Health and Human Services’ (HHS) Center for Consumer Information and Insurance Oversight (CCIIO) has recently released proposed rules for the new health insurance marketplaces, which begin operation on Jan. 1, 2014. These proposed rules cover: Market reform rules Essential health benefits and actuarial value Risk adjustment, transitional reinsurance and risk corridors (the “3Rs”) To help actuaries learn about these rules and how to interpret them, CMS has prepared a series of short video modules that you can download. These (currently 25 or so) modules consist of short discussions (eight to 10 minutes each) on individual topics to help actuaries learn about the regulations and can be viewed at your convenience. Starting on Tuesday, Feb. 19, 2013, the modules may be downloaded from the Regulation Review website. To access the site, please log in to the American Academy of Actuaries members-only page and select the link for ACA Regulation Review Videos. The modules are grouped into topics as follows: Series Topic 10 Intro to Regulation Review 100 Market Reform Rules 110 Actuarial Value Calculator 120 Essential Health Benefits 130 Risk Adjustment 140 Transitional Reinsurance 150 3Rs Timing Disclaimer Please be advised that links to other websites are provided solely for your convenience. When you click on such a link, you will leave the Academy website and will be redirected to another website. The Academy is not responsible for the content found on other websites. The existence of a link on the Academy’s website does not imply endorsement, recommendation, or sponsorship of any linked website or advice described on that site. The Academy makes no representation or warranty regarding the accuracy of information contained on other websites. Please be aware that the security and privacy policies on other websites may be different from those of the Academy’s website, so please read privacy and security policies of other websites closely. If you have questions or concerns about information on a linked third party website, please contact the third party directly. ()Read about protecting the U.S. power grid from solar squalls, health care reform shifting to the states, predictive modeling transforming the insurance industry, and more. Plus, the Actuarial JobSeeker supplement features articles on the growing demand for actuaries with predictive modeling skills and how to access the overseas actuarial job market. (February 28, 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. (February 22, 2013)
Read about the Academy’s venture into live tweeting during the State of the Union, as well as an interview with Charity Sack, the Academy’s new communications director. (February 22, 2013)
The Contingent Annuity Work Group commented on the NAIC Contingent Deferred Annuity (A) Working Group's February draft recommendation to the Life Insurance and Annuities (A) Committee. (February 20, 2013)
The C1 Work Group provided comments on the NAIC Securities Valuation Office Staff Calibration Project. (February 13, 2013)
Read about the Academy’s pension policy activities in this issue. (February 21, 2013)
The Council on Professionalism submitted an additional comment letter to the NAIC’s Joint Qualified Actuary (A/B/C) Subgroup at their request following their last open call on February 13, 2013, wherein the Council more concisely set forth the value of Academy membership and clarified information about the ABCD. (February 20, 2013)
Presenters cover ASOP Nos. 46 and 47, relating to risk evaluation and risk treatment in enterprise risk management (ERM). They also discuss why ERM standards are needed and how actuaries should comply with them. (March 28, 2013)
The Academy sent a letter to President Obama and top administration officials urging them to require Academy membership as a qualification for any candidate to the chief actuary position at the Centers for Medicare & Medicaid Services. Read the news release. (February 19, 2013)
ACA Regulation Review Videos: As of Nov. 8, 2013, the RegReview website is no longer available. (February 19, 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. (February 15, 2013)
The Casualty, Life, Health, and Professionalism councils submitted comments to the NAIC's Joint Qualified Actuary (A/B/C) Subgroup on the subgroup's two new charges related to defining a "qualified actuary" and recommending a process to address "unprofessional" actuarial work. (February 11, 2013)
The C1 Work Group provided comments on the NAIC Securities Valuation Office Staff Recalibration Project. ()
Read about recent health care reform activities in the latest edition of HealthCheck. (February 13, 2013)
