The Joint Academy/SOA Long-Term Care Valuation Work Group released a final report to the NAIC’s Long-Term Care Actuarial Working Group that highlights the work group's process in considering the development of an LTC valuation table.
The Financial Reporting Committee sent a letter to the Financial Accounting Standards Board on proposed wording to clarify the methodology used in determining the "top down" discount rate.
In this month's Health Check, read about Senior Health Fellow Cori Uccello's written testimony on the ACA risk-corridor program, the Academy's RBC work groups' concerns with a Capital Adequacy Task Force operational risk proposal, the Rate Review Practice Note Work Group's recent comments to CCIIO, legislative and regulatory updates, news coverage of Academy health policy activities, and much more.