Life Illustrations Work Group Published Updated Practice Note
The Life Illustrations Work Group updated the Life Insurance Illustrations Practice Note to better reflect current practices actuaries are using when complying with ASOP No. 24, Compliance with the NAIC Life Insurance Illustrations Model Regulation, which was revised and adopted in December 2016.
This Week: Medicare, Social Security Trustees Reports Released; Issue Brief Looks at 2022 Health Insurance Premium Drivers
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.
The Medicare Subcommittee released an issue brief on the financing challenges facing the Medicare program based on the 2021 annual review of the Medicare program’s trustees.
Subcommittee Submits Comment Letter to the NAIC Long-Term Care Insurance Reduced Benefit Options (EX) Subgroup on Issues Related to LTC Wellness Benefits
The Long-term Care Reform Subcommittee submitted a comment letter to the National Association of Insurance Commissioners (NAIC) Long-Term Care Insurance Reduced Benefit Options (EX) Subgroup regarding the July 22, 2021 exposure draft, Issues Related to LTC Wellness Benefits.
The Academy’s Securing Social SecurityEssential Elements provides updated figures and information on the financial outlook of Social Security following the release of the 2021 Social Security Trustees report. Essential Elements is a series designed to make actuarial analyses of public policy issues clearer to general audiences.
The Academy’s Medicare’s Long-Term Sustainability ChallengeEssential Elements provides updated figures and information on the financial outlook of Medicare following the release of the 2021 Medicare Trustees report. Essential Elements is a series designed to make actuarial analyses of public policy issues clearer to general audiences.
Issue Brief Released on Drivers of 2022 Health Insurance Premium Changes
The Individual and Small Group Markets Committee released an issue brief laying out the factors underlying premium rate setting and highlighting the major components driving premium changes in 2022. Read the news release.