Election Guides Released With New Analysis of Health Policy Issues
As the nation looks ahead to the November presidential and congressional elections, the Academy is continuing to update its offering of election guides in order to help voters become better informed about major public policy issues. These guides, collected on the “2016: Making Issues Count” page, offer information on select campaign topics on which actuaries have expertise.
This week, the Academy released three new election guides:
Capitol Forum Webinar Next Week: Join the Academy next Wednesday, July 27, from noon to 1 p.m. EDT for the webinar, “Driverless Cars Are Here: Implications for Policy and Insurance.” Prominent federal and state regulators will discuss recent and next-generation advances in technology and safety systems, lessons learned from road tests, regulatory issues to be resolved, expected changes in the number of accidents and the value of claims, and more. Register now.
Early Registration Discounts End Soon for Annual Meeting and Public Policy Forum: Register now for the Academy’s Annual Meeting and Public Policy Forum, to be held Nov. 3-4 in Washington, D.C. The annual event—which will feature former Sen. Chris Dodd and Pension Benefit Guaranty Corp. Director Tom Reeder as keynote speakers—will give you an in-depth look at top public policy and professionalism issues facing the actuarial profession, as well as the opportunity to earn continuing education credit. Early registration discounts are available through Aug. 1.
Webinar to Look at Health Care Systems of Taiwan, Hong Kong: The Academy’s “Exploring Global Health Care Cost Drivers” webinar series, which explores comparative experience with health care cost trends and drivers of cost increases worldwide, resumes next month with “Exploring Global Health Care Cost Drivers: Hong Kong and Taiwan,” to be held Aug. 25, from 8 to 9:30 a.m. EDT. Registration is open through Aug. 19.
CLRS Registration Open: The 2016 Casualty Loss Reserve Seminar (CLRS) and Workshops, jointly sponsored by the Academy and the Casualty Actuarial Society, will be held Sept. 18-20 in Chicago. Learn from expert analysis of innovation in reserving. For registration information, email arc@casact.org or visit the CLRS website.
The Government Accountability Office released a report Monday concluding that the policies of the National Flood Insurance Program continue to impede participation of private insurers in the flood insurance market.
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Public Policy Activities
Academy Senior Health Fellow Cori Uccello and Karen Bender, chairperson of the Individual and Small Group Markets Committee, submitted testimony on the general factors underlying premium rate setting and the major components driving premium changes for 2017 under the Affordable Care Act (ACA) to a U.S. House Ways and Means Committee hearing on rising health care premiums.
The Financial Reporting Committee and the Committee on Property and Liability Financial Reporting sent a comment letter to the SEC on the modernization of certain disclosure requirements in Regulation S-K.
The Pension Committee released a comment letter on the decision by the IRS to limit pension actuaries’ ability to interact with IRS actuaries and other experienced employee benefits personnel.
The SVL Interest Rate Modernization Work Groupsubmitted comments to the NAIC’s VM-22 Subgroup of the Life Actuarial Task Force in a Q&A format on the determination of statutory valuation interest rates.
In the News
A subscriber-only Bloomberg BNA story features Uccello’s comments on factors driving 2017 health premiums based on the Individual and Small Group Markets Committee’s May issue brief. The remarks are from last Friday’s Alliance for Health Reform’s panel discussion, “Trends in Coverage and Affordability on the Affordable Care Act (ACA) Marketplaces.” A separate Bloomberg BNAstory cites Risk Sharing Subcommittee Chairperson Barb Klever discussing the subcommittee’s analysis of the ACA’s permanent risk adjustment program.
HealthPayerIntelligencequotes Michael Thompson, chairperson of the Academy’s Medicare Subcommittee, in a story examining the Centers for Medicare & Medicaid Services’ Office of the Actuary report on projected health care spending rates from 2015 to 2025.
Westinghouse Sure News, a publication for Westinghouse retirees, recommended its readers try the Academy/SOA Actuaries Longevity Illustrator to better understand longevity risk.
The Pension Committee’s comment letter on the IRS’s decision to limit pension actuaries’ to interact with IRS actuaries and other experienced employee-benefits personnel was featured in Benefitslink.com.
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