The RBC Tax Reform Work Group submitted a guidance document to the NAIC on the interpretation of life risk-based capital results in light of the 2017 Tax Cuts and Jobs Act.  (September 06, 2018)

The Individual and Small Group Markets Committee and its Risk Sharing Subcommittee submitted comments on the Centers for Medicare & Medicaid Services’ (CMS) and Department of Health and Human Services’ (HHS) Aug. 10 proposed rule regarding the adoption of methodology for the HHS-operated permanent risk adjustment program. (September 04, 2018)

The Macroprudential Task Force submitted a comment letter to the NAIC on the exposed scope for liquidity stress testing.  (August 30, 2018)

The Life Illustrations Work Group submitted a comment letter to the NAIC on draft changes to Model #582.  (August 30, 2018)

A new issue brief produced by the Individual and Small Group Markets Committee, Auto-Enrollment Into Individual Market Health Insurance Coverage, provides insights on the potential and challenges of using auto-enrollment in the individual health insurance market, in particular by exploring current uses of auto-enrollment and what would be needed to implement auto-enrollment in the individual market. (September 03, 2018)

In the summer issue of The Retirement Report, read about the Pension Practice Council’s July forum in Washington, D.C., that brought together experts to discuss possible public policy solutions to retirement issues and practical ideas to promote retirement security. Plus, read about recent state and federal pension-related regulatory and legislative activity. (August 30, 2018)

The August Actuarial Update contains a great back-to-school “bus” picture and information members should read on how the Academy’s core values of transparency and public participation are strikingly apparent. Also featured are a rundown of the myriad Academy activities at the August NAIC summer meeting in Boston, a list of new members from the first half of 2018, and a “Professionalism Counts” article on the Applicability Guidelines to help you identify which ASOPs may apply to your work.  (August 31, 2018)

The Academy's Life and Health Valuation Law Manual Task Force submitted a comment letter to the NAIC Life Actuarial (A) Task Force outlining recommended changes to the 2019 Life and Health Valuation Law Manual.  (August 15, 2018)

Ted Goldman, the Academy's Senior Pension Fellow, testified before the U.S. Department of Labor's Advisory Council on Employee Welfare and Pension Benefit Plans at a hearing on "Lifetime Income Solutions as a Qualified Default Investment Alternative (QDIA) - Focus on Decumulaion and Rollovers." Read Goldman's testimony and presentation slides. (August 16, 2018)

Academy Past President Mary D. Miller on Friday submitted a comment letter from the Academy to the NAIC regarding the Casualty Actuarial and Statistical Task Force’s exposure draft related to the three-year experience requirement to sign statutory statements. In those comments Miller shared the Academy’s view that the exposure draft describes an approach that will neither clarify nor improve the current requirement. (August 09, 2018)