-A A +A

Academy Issues Revised U.S. Qualification Standards

The Academy, which sets standards for qualification, practice, and conduct for actuaries practicing in the United States, has revised the standards defining the qualifications for actuaries who issue statements of actuarial opinion (SAOs) in the United States. The revised Qualification Standards for Actuaries Issuing Statements of Actuarial Opinion in the United States (USQS) will replace the existing qualification standards as of Jan.

Share

This Week, Nov. 15 - 19, 2021

Share

Read the latest news from the Academy.

Long-Term Care Valuation Work Group Releases the Long-Term Care Insurance Mortality and Lapse Study

The Long-Term Care Valuation Work Group released a major report, the Long-Term Care Insurance Mortality and Lapse Study, as a result of a 2016 request from the NAIC’s Health Actuarial (B) Task Force regarding replacing the mortality and lapse bases for statutory minimum reserves. The study was completed jointly by the Academy and the Society of Actuaries Research Institute.

Share

Health Equity Work Group (HEWG) Sends Comment Letter to National Association of Insurance Commissioners (NAIC) committee on Revised Health Insurance Data Principles Exposure Draft

The HEWG sent a comment letter to the NAIC’s Special (EX) Committee on Race and Insurance – Workstream 5 (Health) on the exposure draft of the Principles for Data Collection document. The revised draft was exposed on October 15, 2021, with comments due November 15.

Share

This Week, Nov. 8 - 12, 2021

Share

Read the latest news from the Academy.

Committee Releases Issue Paper on Medicaid Managed Care Plan Rate Setting as Impacted by COVID-19

The Medicaid Committee released an issue paper, Considerations for Reflecting the Impact of COVID-19 in Medicaid Managed Care Plan Rate Setting, which explores key components of rate setting during or shortly after the COVID-19 pandemic, including data, assumptions and adjustments, risk mitigation, and communication.

Share
Subscribe to
Darrell Knapp
President's messages
/content/messages-president